Shares in Fujifilm Holdings Corp surged in early Tokyo trading on Thursday after the camera and drug maker released half-year earnings ahead of schedule, revealing a jump in sales and profit.
Novartis AG said on Thursday it would sell its nearly one-third voting stake in Roche back to its cross-town rival for $20.7 billion, disentangling the two competitors that had been linked by the investment for more than two decades.
Japanese shares ended higher on Thursday, tracking cues from a Wall Street rally after the U.S. Federal Reserve unveiled plans to trim bond purchases, though a plunge in shipping firm Kawasaki Kisen despite a record quarterly profit capped gains.
Electric scooter rental company Bird Rides plans to use most of the cash raised from merging with a special purpose acquisition company (SPAC) to expand to new cities and grow its business in existing markets, the company's top executive said.
Factors such as market conditions and the listing process were behind Lenovo's withdrawal of its 10 billion yuan ($1.56 billion) share listing in Shanghai last month, Chairman Yang Yuanqing said on Thursday.