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Japan’s inflation edges up, fuelled by energy prices

Bloomberg Japan’s most closely watched gauge of inflation edged up again in September with help of costlier energy to tally with Governor Haruhiko Kuroda’s latest view that consumer prices are rising at about half the pace targeted by the central bank. While Kuroda has taken a more bullish view on the current strength in inflation, economists said the latest data ...

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Indonesia corruption crackdown adds to strains on junk bonds

Bloomberg A bribery probe at major Indonesian developer PT Lippo Karawaci has prompted investors to ask if more companies might get caught in the government’s anti-corruption campaign. That’s adding to broader strains on the nation’s junk bonds, which have already been hit harder than Asian peers in the recent emerging-market sell-off as the rupiah tanks. The timing couldn’t be worse, ...

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Samsung targets 10% revenue growth in Africa

Bloomberg Samsung Electronics Co. is targeting an annual 10 percent increase in revenue from Africa over the next decade, even as competition from cheaper consumer devices intensifies. The South Korean company will concentrate on key markets including South Africa, Kenya, Nigeria, Ghana and Senegal, according to Africa Chief Executive Officer Sung Yoon. The more mature of those markets are expanding ...

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