Mizuho Financial Group Inc. agreed to buy a minority stake in Rakuten Group Inc.’s online securities arm for 80 billion yen ($552 million), the latest move by a Japanese bank to team up with a technology company and bolster digital services.
New Zealand’s chronically poor labor productivity growth should start to improve soon as the government’s economic plan bears fruit, Finance Minister Grant Robertson said.
Commodities have opened the fourth quarter with a roar, with prices on course for the best weekly showing since March after OPEC+ agreed to chop oil supply. The coming week brings a host of pointers on the outlook over the rest of the year and into 2023 before earnings season hits full flood.
At least two Taiwan life insurers and the island’s Labor Pension Fund plan to push for less strict disclosure requirements from regulators on publicly traded companies to avoid possible market volatility once new rules are introduced, people familiar with the matter said.
The yen is once more weakening toward levels that triggered direct market intervention last month, as traders test authorities’ tolerance for a depreciating currency.
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