Japan Inc. Takes Global Bond Market by Storm With Record Sales
A string of recent megadeals is setting the tone. A giant sale by telecom giant NTT Inc. has already driven Japanese non-financial corporate issuance in euros and dollars to a record this year, based on data compiled by Bloomberg. One Morgan Stanley banker in London has even come up with a nickname for such bonds: reverse Samurai.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
an hour ago
- Bloomberg
The Fight Over Venezuela's Most Valuable Asset Is Heating Up
Welcome to The Brink. I'm Nicolle Yapur, a reporter in Bogota, where I'm following the auction for PDVSA's most valuable foreign asset. We also have news on the second-quarter's surge in defaults led by distressed private equity-backed firms bought with floating-rate loans before the Fed's hiking cycle began. Follow this link to subscribe. Send us feedback and tips at debtnews@ or DM. A legal fight over a unique bond issued by Venezuela 's state-owned oil company is heating up.
Miami Herald
2 hours ago
- Miami Herald
Leaked Prelude Pricing: Too Pricey for Its Own Good?
The Honda Prelude is making a comeback. On paper, it has all the right ingredients for a frugal sports coupe: sleek styling, a hybrid powertrain, and a nameplate that still resonates with enthusiasts. But according to a leak from Japanese outlet Creative Trend, it might arrive with a price tag that could alienate the very buyers who made it iconic. According to the leak, Honda will officially debut the new Prelude on September 4, and orders in Japan will open the next day. The first production run will be limited to just 2,000 units. The leaked Japanese MSRP puts the 2026 Prelude at ¥6,179,800, or roughly $41,000. That's significantly more than the Civic Type R, which starts at ¥4,997,300 in Japan. It also puts it uncomfortably close to the price of more performance-focused cars. A limited-run ON Edition will also be offered at launch for ¥6,540,000 (about $43,400), with unique details like a black roof and bundled extras. However, buyers must pay in full, are limited to one unit, and cannot resell it after purchase. For a Honda coupe, that's unusually exclusive. The Prelude shares its platform with the Civic, but Honda is treating it as more than a badge-engineering job. Under the hood is a 2.0-liter hybrid system with two electric motors, paired with a CVT. Brakes and suspension are adapted from the Civic Type R, and the Prelude gets heated seats, a digital dash, and a BOSE sound system. Adaptive dampers and 19-inch wheels come standard, along with Google-based infotainment. It seems like less of a reskinned Civic coupe, and more like a grown-up Type R that you can cruise in without needing a chiropractor. Its ¥6,179,800 ($41,000) price tag feels especially steep when compared to what else the market offers. The Nissan Z starts at ¥5,497,800 ($36,500) in Japan, while the BMW Z4 - imported from Austria - starts at ¥4,995,000 ($33,200). Both are rear-wheel-drive and pack more power. The Prelude, by contrast, is front-wheel-drive only and CVT-exclusive. If built in Japan, export fees could bump the US price even higher. Initially, we thought it would go head-to-head with cheaper, enthusiast-approved options like the Toyota GR86 and Mazda MX-5 Miata. But if not, it's hard to see how this version of the Prelude will connect with the younger buyers it seems to target. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Bloomberg
3 hours ago
- Bloomberg
How Tariffs Are Reshaping US Manufacturing: D'Addario's Strategy
As rising tariffs push input costs higher, global music accessories manufacturer D'Addario is retooling its supply chain to protect its margins. The company has accelerated its onshoring efforts, opening domestic production lines and cutting reliance on China. With 95% of its products now made in the US, D'Addario sees new opportunity in US production even as global trade uncertainty continues to pressure exporters. (Source: Bloomberg)
