Japan’s national and Tokyo governments are planning to list Tokyo Metro in an IPO with a 700 billion yen valuation, potentially the country’s largest in six years. They aim to sell half of the subway operator, raising 350 billion yen, surpassing recent IPOs and becoming a significant national story in the business and finance sector in Japan.
Full Article
Panama Canal Fees Have Become a Flashpoint. Here’s Why They’ve Risen.
President Trump has criticized the rising costs of using the Panama Canal, citing droughts, upgrades, and high demand as contributing factors. Despite potential pressure to lower fees, the impact on American consumers is minimal, with canal costs representing a small portion of retail prices. Concerns over Chinese investments in Panama's infrastructure and security issues have also been raised by American politicians, prompting recent discussions between Secretary of State Marco Rubio and Panamanian officials. Full Article
Read more