Japan Post soars in Tokyo trading debut after $11.5 bn IPO

Shares in Japan Post skyrocketed on their debut Wednesday after the world’s biggest initial public offering this year, lifting hopes that privatising what is effectively the world's largest bank will boost Prime Minister Shinzo Abe's faltering growth blitz. Shares in the vast company -- along with its banking and insurance units -- were listed on the Tokyo Stock Exchange following an $11.5 billion share sale -- the largest offering globally since Chinese e-commerce giant Alibaba's record $