Daiwa Shares Fall After Plans to Invest $330 Million in Aozora

Daiwa Securities will become Aozora’s biggest shareholder Aozora posted first loss in 15 years after US property turmoil Daiwa Securities Group Inc. shares tumbled after the firm said it will take a stake in Aozora Bank Ltd., which just suffered its first loss in 15...

New Zealand Sees Record Exodus of Citizens as Economy Struggles

New Zealand is experiencing a record exodus of citizens as a sluggish economy reduces job opportunities. Some 78,200 citizens departed in the year through March, Statistics New Zealand said Tuesday in Wellington. That’s up from 74,900 in the year through February....

Japanese Bond Yields Climb to Decade Highs on BOJ Policy Bets

Twenty-year yield rises to 1.77% after cut in operation size Wide yield gap between Japan and US has fueled yen weakness Japanese sovereign bond yields are surging to the highest levels in more than a decade amid signs the central bank is ready to reduce debt...

Sony Promotes Two Executives to Lead Its Video-Game Business

Sony Group Corp. promoted two executives, Hermen Hulst and Hideaki Nishino, to lead its video-game business, succeeding longtime head Jim Ryan, who retired two months ago. Hulst, head of Sony’s PlayStation Studios, will continue to supervise the development of games...

US IPOs to Slow After Five Weeks of $1 Billion-Plus Volume

Steady flow of listings bolsters rebound from slow years Games Global withdraws planned IPO set to trade Tuesday Initial public offerings in the US are poised to take a breather, with volume expected to snap a solid run of five consecutive weeks with more than $1...

‘Stunning’ Solar Activity Is a Warning to Grid Operators

The Sun sent streams of charged particles last weekend capable of impairing power infrastructure. The planet should be prepared for worse surges.  Late last week, the Sun blasted millions of tons of super-heated gas off its surface toward Earth and everyone on it....