Bloomberg Business

Weak Japan Wage Results Offer Little for Kishida or BOJ

Japanese workers’ real wages continued to fall in April, even after reflecting some of the gains from a solid win in annual pay negotiations, in a disappointing result for both Prime Minister Fumio Kishida and the Bank of Japan.

Redox to Price Top Australia IPO of Year at $266 Million

Australian chemical distribution firm Redox Pty Ltd. has priced it initial public offering at A$2.55 ($1.69) per share for an offer size of A$402 million, setting up the country’s largest listing this year.

Hacking Spree Feared After Breach of File-Sharing Software

Cybersecurity experts are bracing for a potential wave of extortion demands after a vulnerability was discovered in encrypted file-sharing software, a flaw that hackers have already used to target a string of high-profile victims, including British Airways and the BBC.

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