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The Latest Breaking News from JIP

Japan’s Sanae Takaichi elected as country’s first female prime minister

Takaichi replaces Prime Minister Shigeru Ishiba, ending a three-month political vacuum and wrangling since the Liberal Democratic Party’s disastrous election loss in July.

Euronews

Japan Set For New Coalition And First Woman PM

Japan's ruling LDP will sign a coalition deal later Monday, its new partner party said, paving the way for Sanae Takaichi to become the country's first woman premier and lifting the Nikkei to a new record.

International Business Times

New Deal Puts Takaichi On Track To Be Japan's First Woman PM: Reports

Japan's ruling party is set to sign a new coalition deal on Monday, paving the way for Sanae Takaichi to become the country's first woman prime minister, media reports said.

International Business Times

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Japan PM Hopeful Avoids War Shrine Visit Amid Political Wrangle

The new head of Japan's ruling party Sanae Takaichi avoided visiting a controversial Tokyo war shrine on Friday, as political wrangling intensifies over her bid to become prime minister.

International Business Times

Stocks Climb Before the Open on AI Optimism, Earnings and Fed Speak in Focus

December S&P 500 E-Mini futures (ESZ25) are up +0.43%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.48% this morning as signs of continued strong demand for artificial intelligence helped shift investors’ attention from escalating U.S.-China trade tensions.

Barchart

Toshiba to go private as $13.5 billion buyout offer succeeds

Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp paves the way for a ¥2 trillion ($13.5 billion) buyout that would end the electronics group’s 74-year-long run as a listed entity.

The Times of India

Olympus' new owner is about to buy Toshiba for $14 billion. Who's next?

First it bought Olympus, now it's buying Toshiba (which still makes cameras). Who's next on JIP's shopping list?

Digital Camera World

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Uncertainty over Toshiba likely to continue due to massive debt

Toshiba Corp. has paved the way for the company to go private after accepting a buyout offer from a domestic consortium led by Japan Industrial Partners Inc., but many challenges lie ahead, as the Japanese conglomerate grapples with growth strategies and uncertainty about whether foreign funds that hold Toshiba stock…

The Japan News/Yomiuri

Toshiba accepts $15 billion buyout offer from JIP, Nikkei says

TOKYO: Toshiba Corp accepted a $15.3 billion buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history.

The Times of India

Joe Biden Vows Consequences Against Saudi Arabia, Philips Warns Lower Sales & Profit, Intel Explores Substantial Job Cuts: Top Stories Wednesday, Oct. 12

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