The Japanese economy has started to pick up steam. However, any recovery would likely be modest. This is due to lingering pain on the economy from the coronavirus pandemic, Bank
Toshiba Corp CEO Nobuaki Kurumatani stepped down on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners. The conglomerate’s shares surged on reports that KKR &
Bank of Japan Governor Haruhiko Kuroda on Tuesday explained the benefits of a weak yen. A weak Japanese currency, he said, helped manufacturers by inflating the value of profits earned
HSBC Holdings has agreed to share documents with lawyers for Huawei Technologies executive Meng Wanzhou. This was after the bank previously beat back demand for documents in a U.K. court.