Daiwa Securities Group Inc. (DSECF)
| Previous close | 6.64 |
| Open | 6.64 |
| Bid | 6.72 x 47300 |
| Ask | 7.68 x 43500 |
| Day's range | 6.49 - 6.64 |
| 52-week range | 5.58 - 7.91 |
| Volume | |
| Avg. volume | 2,130 |
| Market cap | 10.065B |
| Beta (5Y monthly) | 0.59 |
| PE ratio (TTM) | 12.00 |
| EPS (TTM) | 0.59 |
| Earnings date | 29 Oct 2024 - 04 Nov 2024 |
| Forward dividend & yield | 0.32 (4.50%) |
| Ex-dividend date | 28 Mar 2024 |
| 1y target est | N/A |
BloombergDaiwa Plans Foray Into Australian Farm Loans, Real Estate
(Bloomberg) -- Daiwa Securities Group Inc. is eyeing Australia for its first expansion into the agricultural sector abroad, part of a wider push to boost lending and direct investment in the country’s real estate and renewable energy sectors.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can D
ReutersBOJ to scrap negative interest rates in April, say over 80% of economists : Reuters poll
The Bank of Japan will pull the plug on its eight-year negative interest rate policy in April, according to more than 80% of economists polled by Reuters, marking a long-awaited major shift from a global outlier central bank. Nearly the same proportion of economists, 76%, also expect the BOJ to scrap yield curve control at that meeting, with almost all saying ultra-loose monetary conditions will end then, just months before many major central banks are expected to start cutting rates. The BOJ is on track to end negative interest rates in coming months despite Japan's economy slipping into a recession, sources have previously told Reuters.
- Reuters
Japan's Daiwa to step up hunt for bankers, capitalising on M&A slump
Daiwa Securities Group plans to go on an offensive to hire M&A bankers as a global dealmaking lull allows the major Japanese investment bank to tap top-notch talent, its CEO said. "Now is our chance, as the M&A (merger and acquisition) market remains battered and many talented bankers have been up for a hunt," Seiji Nakata, CEO of Japan's second-largest brokerage and investment bank, told Reuters in an interview. Daiwa has set a target of increasing M&A revenue by 50% to at least 70 billion yen ($489.85 million) and the number of M&A bankers to 900 over the next eight years from nearly 700 now.
