Bloomberg Japanese stocks have been battered so badly that they’re too cheap to ignore, says the $165 billion investor Pictet Asset Management Ltd., after the Topix index tumbled to its fifth straight weekly loss. “It’s a buying opportunity,” Hiroshi Matsumoto, head of Japan investment at the money manager, said in a phone interview from Tokyo. Matsumoto gave two reasons ...

  Bloomberg On the same day that President Donald Trump’s top economic adviser, Gary Cohn, publicly promoted the administration’s plans to overhaul financial regulations, part of Cohn’s stake in Goldman Sachs Group Inc. was sold, according to federal financial-disclosure documents. The bank’s share price rose that day by 4.5 percent on news of the planned regulatory review, as other financial-industry ...

  Bloomberg United Continental Holdings Inc. changed its policy on employee travel and will now ensure crews riding on its aircraft as passengers are booked at least 60 minutes before departure, according to a statement from the company. The change, issued Friday, came after the backlash created by a video showing a United passenger being pulled from his seat and ...