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Japan Faces Risks From US, China Economies, Banking Head Says

Japanese banks less reluctant to finance hostile takeovers, lobby chief says

By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - Japanese banks have become less reluctant to finance hostile acquisitions because the government's new takeover guidelines have shaken off the taboo on such deals, Japan's new banking lobby c.

Japan's banks less hesitant with hostile takeovers, lobby chief says

His comments offer evidence of a sea change in Japan which once shunned hostile bids that has helped bring it closer to Western-style dealmaking.

EU session quiet with Easter Monday holiday being observed

- European markets remain close for Easter Monday holiday. - Last Friday, Fed's Chair Powell following release of PCE deflator data said Fed is not under pressure to cut rates, but waiting too long could mean unneeded damages to the economy and the labor market; US jobs report for March set to be released this Friday.

Japanese Banks Less Reluctant to Finance Hostile Takeovers, Lobby Chief Says