Bloomberg Business

Japan Economic Growth Revised Down as Firms, Consumers Cut Back

Japan’s economy expanded at a slower pace than initially estimated as businesses and consumers spent less, an outcome that points to the fragility of the growth achieved last quarter as Prime Minister Fumio Kishida mulls further support measures.

Japan’s Premier to Reshuffle Cabinet in Bid to Boost Support

Japanese Prime Minister Fumio Kishida is set to shuffle his cabinet and senior party positions next week, according to Kyodo News, as he seeks to revive public support and step up policy momentum a year ahead of a key party vote.

Leadership Doubts Threaten Fortescue Founder’s Green Mission

Three years after he first embarked on a mission to transform an iron ore giant into a clean-energy powerhouse, Fortescue Metals Group Ltd. founder Andrew Forrest is facing a governance storm that may yet imperil his green ambitions.

Mizuho’s Softbank Ties Pay Off in Wall Street Leap With Arm IPO

Landing Arm Holdings Ltd.’s giant initial public offering is a coup for Mizuho Financial Group Inc., one of the four global investment banks leading this year’s biggest deal. Now the Japanese firm needs to prove that it’s more than just a one-time thing.

In a First, Asahi Is the Official Beer for the Rugby World Cup

Asahi Group Holdings Ltd. has become the first Japanese brewer to become an official sponsor of the Rugby World Cup, betting that the exposure to a worldwide audience will help bolster its strategy of becoming more of a global company.

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