Japan’s Nikkei share average fell over 4% due to a stronger yen after Shigeru Ishiba, perceived as a monetary policy hawk, won the prime ministerial contest. The broader Topix index also declined, and government bond yields rose. Ishiba’s stance on monetary policy remains unclear as he assumes office on Tuesday.
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and