Bloomberg Japan will consider countermeasures to protect Nippon Steel & Sumitomo Metal Corp. assets from seizure in South Korea sought in response to a wartime forced-labour complaint, Prime Minister Shinzo Abe said. It’s “very regrettable that former workers from the Korean Peninsula are taking action for seizing the assets,” Abe told national broadcaster NHK’s “Sunday Debate” programme, adding that he ...

Bloomberg India needs to resume subsidies on imported natural gas to help revive power plants that have been stranded for want of fuel and could turn into bad assets for banks, according to a lawmakers’ report. The federal government should supply the gas at lower than market rates by utilising funds from the so-called Power System Development Fund or from ...

Bloomberg Big US companies are paying higher risk premiums when they borrow and finding less demand for their bonds, a sign that investors are worried about rising wages and slow- ing economic growth hitting corporate profit growth. Companies are responding by borrowing less: they sold around $8 billion of US investment-grade debt last month, about a seventh of the average ...