Industry
RPT-Olympus reflects share offering of JPY100 billion
Japanese manufacturer is considering 100 billion yen share offering, the first in 32 years. Japanese manufacturer Olympus Corp is reflecting on releasing up to US$991 million (JPY100 billion) of new shares to finance the study of its endoscope business as well as further its medical business into developing nations.
Foreign investments in the Philippines to be laxed
The Philippines NEDA Director said that the administration will be easing its restrictions on foreign investments.
French investors fear local economy
Investors from France are cutting back on investments due to fears of high interest and foreign competition.
Oil Prices and Dividend Yields Causes Rise in Russia Stocks
Oil prices and dividend yields causes rise in Russia stocks, says Citigroup analyst. Russian stocks were driven by dividend yields and oil prices, according to analysts in Citigroup.