Leaders of Japan, South Korea meet
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Japan, Takaichi
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For decades, shareholder activists in Japan struggled to make headway, often facing deeply entrenched resistance from companies as well as cultural and legal obstacles. Now, as Japan’s stock market hits successive record highs and the number of buyouts continues to soar, they have to reckon with a new and pervasive problem: their recent success.
Japan will take appropriate action against excessive currency moves without excluding any options, Finance Minister Satsuki Katayama said on Wednesday, signaling the chance of intervention as the yen sank to its weakest level in a year-and-a-half.
South Korea appears happy to engage in what some have called “shuttle diplomacy” between its quarreling neighbors—and stands to reap some benefits.
A week in which longtime tensions between neighbors China and Japan ratcheted up economically and politically is drawing to a close with no sign of improvements
Japan’s Prime Minister Sanae Takaichi will host a summit with South Korean President Lee Jae Myung on Tuesday to ensure stable and friendly ties as her country faces growing tension with Beijing
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Tokyo is concerned at signs that Beijing may be laying the groundwork to restrict access to the metals vital to manufacturing.