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Takata forecasts third annual loss after USA settlement

  Bloomberg Takata Corp., the troubled air-bag maker behind the biggest auto safety recall, said it will probably report a third consecutive annual loss as it booked a one-time charge after agreeing to settle a US criminal investigation. Net loss will probably be 64 billion yen ($562 million) in the year through March, compared with a November forecast for a ...

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Hong Kong’s arbitrage trade gets a boost from China

  Bloomberg Cheap Hong Kong equities are suddenly back in vogue with Chinese investors. As tightening capital controls turn the city’s stock market into one of the few Beijing-approved destinations for offshore investment, mainland traders are piling into shares that have long been priced at much lower levels than their counterparts in China. Average daily inflows through Hong Kong’s exchange ...

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Copper jumps most since 2013 with China boost

  Bloomberg Copper posted the biggest gain in almost four years, leading a surge in metals, as exports from China jumped and BHP Billiton Ltd. signaled a halt in shipments from the world’s largest copper mine. Silver neared the longest string of weekly gains since 2011 and mining stocks rose. Overseas shipments from China, the top industrial-metals user, rebounded in ...

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