Elliott Urges Daikin to Double ROE in Five Years as Shares Tick Up Daikin shares rose after activist investor Elliott unveiled a plan arguing the world’s largest air‑conditioner maker can …
Sato Asahi
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Business
Nikkei and South Korean stocks surge as tech inflows lift Asian markets
by Sato Asahiby Sato AsahiNikkei Stock Average Nears Record as Tech-Led Rally Sends Tokyo Markets Higher Nikkei Stock Average climbs toward a record close as investors pour money into technology shares on April 27, …
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Business
Beijing imposes citywide ban on consumer drone sales starting May
by Sato Asahiby Sato AsahiBeijing to Ban Consumer Drone Sales from May 2026, Citing National Security Concerns Beijing will ban sales of consumer drones from May 2026 to protect sensitive information and bolster security, …
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Business
Tokyo housing market records highest unsold inventory in decades as interest rates rise
by Sato Asahiby Sato AsahiTokyo residential property market cools as unsold inventory rises to multi‑decade high Tokyo residential property market softens as higher borrowing costs and inflation squeeze buyers, pushing unsold inventory to levels …
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Business
Indian venture firms court Europe, Asia after Iran war curbs Gulf capital
by Sato Asahiby Sato AsahiIran war Reduces Middle Eastern Capital to India as VCs Pivot to Europe and Asia Iran war curbs Middle Eastern investment in India, prompting venture capital firms to court European …
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Business
Prudential Financial Faces $575 Million Operating Profit Hit, Confirms Long‑term Japan Commitment
by Sato Asahiby Sato AsahiPrudential Financial Japan Hit by Up to $575m Profit Charge as CEO Vows Long-Term Commitment Prudential Financial Japan faces up to $575 million operating profit hit after misconduct at a …
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Business
Sumitomo Mitsui Trust Bank partners with Hunter Point Capital to expand alternatives
by Sato Asahiby Sato AsahiSumitomo Mitsui Trust Bank Enters Capital Tie-up with Hunter Point Capital to Grow Alternative Assets Sumitomo Mitsui Trust Bank forms tie-up with U.S. Hunter Point Capital to expand Japan’s alternative …
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Business
SoftBank data center auction draws Google and Microsoft; winners to cover semiconductor costs
by Sato Asahiby Sato AsahiGoogle and Microsoft Enter Bidding to Become Clients at SoftBank Data Center Google and Microsoft are bidding to become clients at SoftBank data center in Ohio; winners, expected by April …
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Japan to launch EV battery traceability program in fiscal 2027 to track origin and degradation Japan will introduce an EV battery traceability program starting in fiscal 2027 (from April 1, …
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Business
TEPCO appoints Japan Investment Corp CEO Keisuke Yokoo as chairman
by Sato Asahiby Sato AsahiTEPCO Names Keisuke Yokoo as Chairman to Lead Corporate Turnaround Japan Investment Corp. CEO Keisuke Yokoo will take the helm at Tokyo Electric Power Co. Holdings to steer restructuring and …