Sony Financial Group in spin-off Tokyo listing

JPMorgan and Nomura pull off an unlikely coup as Sony's insurance unit raises $3 billion in a deal that could stimulate JapanÆs stagnant IPO market.

The Japanese digital payments platform is acquiring a 70.2% stake in T&D Holdings’ life insurance unit, marking its push into life insurance as it expands beyond payments, cards, banking and securities. One Investment Management is also part of the deal.

The Singaporean tech firm's $1.49bn deal will boost its financial services arm across five markets.

Brookfield Asset Management has acquired an office skyscraper in Tokyo from a consortium of Japanese investors for an undisclosed price; the global HQ of Dentsu Group is a tenant.

As regulators crack down on fees, the private equity firm plans to focus the Korean credit card business company on its more profitable products.

The ASX has new leadership with former Euronext executive Anthony Attia taking over in September, and he takes the role at a critical point for the exchange.