Japan Post announces long-awaited plan for Tokyo share listing

Japan Post on Friday confirmed a long-awaited plan to list its shares in Tokyo with the government-owned firm set for what could be one of the world's biggest share sales. The parent company, along with its insurance and banking units, would launch an initial public offering in the middle of the 2015 fiscal year, which begins in April, but executives declined to comment on the size of the initial sale. Plans for the IPO come amid hopes starting to privatise what is effectively the world