Business Feb 16, 2015

Takata shares tumble after Honda denies financial help

Shares of Takata Corp., the maker of air bags that led to millions of vehicle recalls by global carmakers, fell the most in three weeks Monday after Honda Motor Co., its biggest customer, said it wouldn't provide financial help. The auto parts maker dropped 5.4 ...

Abercrombie CEO exits; buyout now seen as possible

Business Dec 10, 2014

Abercrombie CEO exits; buyout now seen as possible

Private-equity firms have waited for this moment: Mike Jeffries is no longer in the retailing business. The controversial chief executive of Abercrombie & Fitch Co. retired Tuesday, clearing the way for any suitors interested in the teen retailer. Jeffries, 70, was long seen as an ...

Business Nov 27, 2014

Danone looks to sell $2 billion stake in Yakult

Danone, the world's largest yogurt maker, is considering selling its 20 percent stake in dairy-drink producer Yakult Honsha Co., according to sources. Danone, based in Paris, has held internal discussions about a possible disposal, the sources said, asking not to be identified because the details ...

Business Oct 20, 2014

GPIF to boost share allocation to about 25%, Nikkei reports

Japan's $1.2 trillion retirement fund will increase its allocation target for shares to about 25 percent from 12 percent, the Nikkei newspaper reported without attribution. The Government Pension Investment Fund will also boost its holdings of foreign bonds and stocks to about a combined 30 ...

TSE cuts tick sizes for 80 stocks

Business / Financial Markets Jul 22, 2014

TSE cuts tick sizes for 80 stocks

The Tokyo Stock Exchange on Tuesday began allowing smaller price increments on shares of about 80 of Japan's biggest companies as the bourse seeks to win back business from private trading venues. Topix 100 members whose shares cost between ¥1,000 and ¥5,000 now trade in ...