Finance
UK Fund AVI Wants Chairman of Japan Drugmaker Rohto to Leave
Asset Value Investors Ltd. is calling for the chairman of Rohto Pharmaceutical Co. to step down from the Japanese drugma
Finance
Shapoorji Unit Markets High-Yield Debt to JPMorgan, BlackRock
India’s Shapoorji and Pallonji Group is in talks with global investors including BlackRock and JPMorgan Chase & Co. for
Finance
Delta Electronics Plans Rapid Expansion as AI Fuels Growth
Delta Electronics Inc. plans to accelerate plant expansions to address production bottlenecks after surging demand for a
Finance
Kyiv Says Russia Exported 850,000 Tons of Stolen Grain This Year
Ukraine said 850,000 tons of stolen grain have been exported from Russian-occupied territories this year, as Kyiv steps
Finance
Oil price hits highest since 2022 after report Trump to be briefed on new Iran options
Axios reported that US Central Command has prepared a plan for a wave of "short and powerful" strikes on Iran.
Finance
Junk Issuers in Europe Cut Costs by Switching to Fixed-Rate Debt
High-risk borrowers in Europe are taking advantage of cheaper fixed-rate bonds to refinance floating-rate debt, cutting
Finance
Apple Earnings Become Sideshow With New CEO Ready to Grab Reins
Apple Inc. reports quarterly earnings after the close on Thursday, but investors will be largely looking past the number
Finance
IMF Still Waiting for China’s Inflation to Show It’s Coming Back
China is seeing signs of a return of inflation as the Iran war pushes up energy costs but will need more sustainable pri
Finance
Schroders Warms to Government Bonds as Stagflation Worries Mount
UK asset manager Schroders Plc has closed its short position in government bonds, citing the increased risk of recession
Finance
Vanke State Backer Books $5.5 Billion Loss, Most in Two Decades
China Vanke Co.’s state-owned backer reported its biggest annual loss in two decades, driven largely by its investments
Finance
Japan Issues ‘Final’ Warning Before Intervention, Lifting Yen
Japan’s top currency officials rolled out their “final” warning to speculators after the yen slipped to its weakest leve
Finance
Eli Lilly blows past quarterly estimates, hikes outlook as Zepbound and Mounjaro sales skyrocket
Lilly hiked its full-year sales outlook by $2 billion, and also raised its adjusted profit guidance.