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South Korea’s chief nuclear envoy is “optimistic” that inducements offered by the U.S. and his country will persuade North Korea’s new leader, Kim Jong Un, to resume talks aimed at ending the regime’s atomic program.
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Fujifilm Holdings Corp. may get snubbed by cross-town rival Olympus Corp. in its attempt to move further away from the photographic film business that dragged down industry pioneer Eastman Kodak Co.
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Wall Street’s biggest lobbying group is split over a proposed settlement of state and federal foreclosure probes, after a committee of money managers signaled it opposes terms letting banks push some costs onto bondholders.
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Indonesian mutual-fund assets will probably expand at a faster pace this year as overseas investors increase stock purchases after the country regained its investment grade, an industry group said.
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