Business Topics

| Dec 14, 2016

Nikkei edges up amid wait-and-see mood

The benchmark Nikkei average edged up to its highest closing level for this year on the Tokyo Stock Exchange Wednesday, though a wait-and-see mood prevailed ahead of a closely watched monetary policy decision by the U.S. Federal Reserve. The 225-issue Nikkei average gained 3.09 ...

Dec 13, 2016

Muddy Waters targets Nidec in first Japan short

Carson Block, the prominent short seller and founder of Muddy Waters Capital LLC, targeted a Japanese firm for the first time with a negative report on motor-maker Nidec Corp. Muddy Waters is short the Kyoto-based company and sees its stock falling as much as ...