Bloomberg Business

BOJ Minutes Show Kuroda’s ‘Shock and Awe’ Approach Wasn’t for Long-Term

When the Bank of Japan launched the most aggressive monetary easing in modern history a decade ago, authorities were hoping the experiment would be over in about two years, given concerns over the “shock and awe” approach, according to the full minutes of the policy meetings from that era.

Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion

Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer and helping the money manager provide distributions to investors at a time when accessing liquidity is tough.

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