News

The proposed takeover of Seven & i Holdings Co. by Alimentation Couche-Tard Inc. is facing challenges as both sides disagree on the terms of the deal, particularly regarding a non-hostile takeover clause and potential antitrust concerns. The outcome of the negotiations remains uncertain and will have significant implications for both companies and the convenience store industry.

Demand for Japanese bonds surged to a two-year high in the week ending March 15, 2013, as investors sought safe havens amidst growing concerns over the potential economic impact of changes in U.S. tariff policies and a broad selloff in equities. This surge in demand was driven by the perception of Japanese bonds as a safe haven asset, particularly in the face of global economic uncertainty.

Asian shares rose on Tuesday, led by gains in Japan and Hong Kong, as investors awaited key decisions from the Bank of Japan and the U.S. Federal Reserve on interest rates. The Bank of Japan is expected to keep its benchmark interest rate unchanged at its monetary policy board meeting on Wednesday, while the U.S. Federal Reserve is also due to announce its latest decision on interest rates on Wednesday.

Global stock markets rebounded on Tuesday after Ukraine agreed to a 30-day ceasefire with Russia, easing concerns about the ongoing conflict and its potential impact on the global economy. However, concerns remained about the potential economic impact of U.S. tariffs on steel and aluminum imports from Canada.

More than 1,000 people have applied to run for the new regional political party Saisei no Michi in the upcoming Tokyo metropolitan assembly election, with the party aiming to field up to 60 candidates across all 42 electoral districts. The party's founder, Shinji Ishimaru, a former mayor of Akitakata in Hiroshima Prefecture, will not be running in the election himself.