- Bloomberg
BOJ’s Lack of Detail on Bond Buying Cuts Leaves Yen Vulnerable
(Bloomberg) -- The Bank of Japan is making investors wait until its July meeting for details on its paring of bond buying, leaving the yen vulnerable to further declines.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealBump Stock Ban Tossed Out by Supreme Court in Gun-Rights WinApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashLuxury Labels Slash Prices 50% to Lure Wary Chines
- Bloomberg
Daiwa Securities to Buy Aozora Bank Stake From Activist Fund
(Bloomberg) -- Daiwa Securities Group Inc. said it will increase its stake in Japan’s unprofitable Aozora Bank Ltd. The brokerage’s shares tumbled 4.6%. Most Read from BloombergMusk to Ban Apple Devices If OpenAI Is Integrated Into OSApple Hits Record After Unveiling ‘AI for the Rest of Us’ PlanNYC Landlord to Sell Office Building at Roughly 67% DiscountRussia Is Sending Young Africans to Die in Its War Against UkraineDaiwa will buy 9.1% of the bank from City Index Eleventh, a fund linked to Yos
- Barrons.com
CATL's U.S. Market Share Suffer Amid Call to Ban EV Battery Maker's Imports
Contemporary Amperex Technology's market share in the U.S. will likely continue to decline, Daiwa analysts wrote in a note. Currently, the U.S. contributes 7% of the company's total EV battery business, the analysts noted. A group of U.S. lawmakers sent a letter to the Biden administration calling for CATL to be added to an import ban list over alleged forced labor.
