Daiwa Securities Group Inc. is set to acquire a minority stake in Ambit Wealth Pvt Ltd., one of India’s largest money managers, according to people familiar with the matter.

Nomura Holdings Inc.’s price-to-book ratio hit the threshold of 1 for the first time since late 2016, meeting an important benchmark set by the Tokyo Stock Exchange in its drive to improve shareholder value.

Nomura Holdings Inc.’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and dealmaking.

Singaporean sovereign wealth fund GIC Pte is moving to a larger office in Tokyo’s main financial district, strengthening its presence in Japan as the country’s financial markets gain momentum.

Tokyo Gas Co. plans to sell a commercial building in Ginza, Tokyo to Mantomi Asset Management for over ¥30 billion ($191 million), according to people familiar with the matter.