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LY Corp., Bain Capital Raise Offer for Kakaku.com in $4.1 Bln Take-Private Bid

By Kimberley KaoLY Corp. and Bain Capital have raised their takeover bid for Kakaku.com in an offer valuing the Japanese internet company at over $4 billion, widening the gap with a rival offer from Sweden's EQT.In a legally binding proposal dated Wednesday, LY and Bain Capital raised their bid for…

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StocksJP
NEWS dow-jones

Risk of FX Intervention Higher When Yen is Underperforming — Market Talk

Risk of FX intervention is higher when the yen is underperforming, which the currency has only just begun to do, says RBC Capital Markets' Abbas Keshvani in an email. "For now, JPY is not as weak against Japan's major trading partners' currencies as it was before previous rounds of intervention," t…

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Forex
NEWS dow-jones

Some Non-AI Sectors Could Offer Better Portfolio Balance — Market Talk

Some non-AI sectors could offer better portfolio resilience as Big Tech and semiconductor stocks become more volatile, Saxo Markets chief investment strategist Charu Chanana says in a note. While AI is still the most important long-term investment theme, the AI trade positioning has become increasi…

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