The most telling moment in the Biden Administration’s decision to block Nippon Steel Corp.’s attempted takeover of United States Steel Corp. was unintentional.
Rice paddies that lay fallow for decades in some of Japan’s most far-flung regions are now its hottest properties.
They call them the Seven Samurai. Analysts from Goldman Sachs Group Inc. caused a stir in Tokyo this week with a well-timed report highlighting a group of stocks that could serve as Japan’s equivalent of the Magnificent Seven that have come to dominate US equities.
Before 2023 began, few saw the rise of interest in investing in Japan, long considered the land that optimistic stock bets go to die.
Offices in many of the world’s major cities are struggling to find workers to occupy them. The trend of remote working, triggered by the pandemic, is costing Manhattan “$12 billion a year,” “devastating America’s cities” and “killing London.”