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Buffett ramps up Japan stock bets, weighs buying even more

BLOOMBERG Warren Buffett is turning his focus back to Japan, with the billionaire investor telling Nikkei that he’s mulling a boost to his stock investments in the country shortly after Berkshire Hathaway Inc kicked off a yen bond sale. Shares of Japan’s major trading houses jumped after Buffett said he has raised his holdings in them to 7.4% from about ...

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Bank of Korea to keep policy restrictive after standing pat

BLOOMBERG The Bank of Korea (BOK) kept its benchmark interest rate unchanged and said it intends to keep policy restrictive to combat inflation even with the economy set to slow more than previously expected this year. The central bank held its seven-day repurchase rate at 3.5%, as forecast by economists. Unlike in February, the latest decision was unanimous, an outcome ...

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Toronto-Dominion primed for price cut on First Horizon deal

BLOOMBERG Toronto-Dominion (TD) Bank may seek a lower price for First Horizon Corp, but it still has an incentive to close the deal, according to a Canadian asset manager who specialises in financial stocks. “The reasons they wanted to buy in the first place haven’t gone away. Tennessee and Florida and the Carolinas are still great banking markets,” Robert Wessel, managing ...

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