Japan’s comedian-turned-investor launches fund with ex-Goldman ‘stock geek’
By Mariko Katsumura TOKYO (Reuters) – On the face of it, the duo hardly seem fit to inspire confidence as the brains behind Japan’s newest stock fund: one, a former comedian and the other, every bit the stereotypical “otaku” geek….
Nippon Steel’s US Steel takeover plan has support in steelmaking areas, executive says
TOKYO (Reuters) – Japan’s Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel mills are located, Nippon Steel’s President Tadashi Imai told reporters on Wednesday. On Monday, a…
Toyota global production down for 10th month despite rising sales
TOKYO (Reuters) – Toyota Motor (NYSE:TM)’s global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its worldwide sales grew for the second consecutive month on solid demand in the United States and…
Exclusive-KKR, Bain bids ranged from $4.8 billion to $7.6 billion for Seven & i assets, sources say
By Miho Uranaka, Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Private equity firms including KKR and Bain Capital offered from around 750 billion yen ($4.8 billion) to around 1.2 trillion yen ($7.6 billion) in a first round of bidding…
RBA sees eventual monetary easing amid inflation progress, minutes show
Investing.com– The Reserve Bank of Australia will eventually consider loosening monetary policy amid consistent, albeit slow progress in bringing down inflation, the minutes of the central bank’s December meeting showed on Tuesday. The central bank had kept its benchmark cash…
Asia shares rise, dollar underpinned by elevated bond yields
By Rae Wee SINGAPORE (Reuters) – Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a two-year high helped by elevated U.S. Treasury yields as investors prepared for fewer Federal…