Bloomberg After years of disappointment, a quiet revolution may be underway in the Japanese stock market. Japan’s companies have for years sat on record piles of cash — the equivalent of $2.4 trillion in September, the most in the world. The issue has been deploying those funds for shareholder benefit. A key part of Abenomics has been sharpening the ...

  Back in 2006, after Chung Mong-koo, chairman of Hyundai Motor Co. Ltd. and son of its founder, was arrested amid one of South Korea’s recurring corruption scandals, I called a friend in the company’s public relations office. He answered in a breathless panic. Without Chung in the driver’s seat, he assured me, the management of Korea’s largest automaker would ...

  London’s Cheesegrater building is as close as Britain gets to a memorial to Brexit. Construction of the wedge-shaped skyscraper in the heart of the city’s financial district started in 2011 as things were picking up after the financial crisis. Within three weeks of the European Union referendum, the tower was fully let. At the time, its co-owner, British Land ...