logo
TriVista Capital CEO: Long on Santen Pharmaceutical

TriVista Capital CEO: Long on Santen Pharmaceutical

Bloomberg2 days ago

Masaki Gotoh, CEO and CIO at TriVista Capital, discusses his investment strategy in Japan and why he chose to go long on ophthalmology firm Santen Pharmaceutical at the Sohn Hong Kong Investment Leaders Conference. He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Texas Stock Exchange Stands by 2026 Debut
Texas Stock Exchange Stands by 2026 Debut

Bloomberg

timean hour ago

  • Bloomberg

Texas Stock Exchange Stands by 2026 Debut

The Texas Stock Exchange is on track to make its debut as a trading venue early next year as its powerful rivals intensify their push into the state, said Jeb Hensarling, an adviser to the proposed marketplace and former US congressman. After the start of trading, the upstart exchange aims eventually to add dual listings, initial public offerings and exchange-traded products, Hensarling said Tuesday in an interview with Bloomberg Television. The TXSE is seeking federal regulatory approval as a national securities exchange after applying earlier this year.

South Korea's center-left Lee poised to win presidency
South Korea's center-left Lee poised to win presidency

News24

timean hour ago

  • News24

South Korea's center-left Lee poised to win presidency

Lee Jae-myung wins South Korea's snap election. Vote follows Yoon's martial law crisis. Lee pledges unity and talks with North Korea. South Korea's center-left presidential candidate Lee Jae-myung hailed voters' 'great decision' as he was poised early on Wednesday to win a snap election by a wide margin, capping months of political chaos. Six months to the day after ex-president Yoon Suk Yeol plunged the country into crisis with his disastrous declaration of martial law, all three major broadcasters projected Lee as the likely winner, with voter turnout the highest in nearly three decades. With most votes counted, Lee of the left-leaning Democratic Party was well ahead, all but guaranteeing victory against challenger Kim Moon-soo of the conservative People Power Party (PPP), who conceded the race. 'I will humbly accept the choice of the people. Congratulations to the elected candidate Lee Jae-myung,' Kim said as the last ballots were still being counted. Lee thanked voters for placing their trust in him, saying he would do his 'utmost to fulfil the great responsibility and mission entrusted to me, so as not to disappoint the expectations of our people.' In a nod to South Korea's growing partisan divide, exacerbated by the chaos after Yoon's martial law bid, Lee said those that did not support him remained 'fellow citizens' and promised to 'move forward with hope and make a fresh start from this moment on'. He also promised to 'pursue dialogue, communication, and cooperation' between Seoul and its arch-enemy Pyongyang, with which relations plunged to their lowest level in years under Yoon's hawkish approach. 'Relieved' Lee will take office almost immediately - as soon as the National Election Commission finishes counting the votes and validates the result, likely early on Wednesday. He will face a bulging in-tray, including global trade vicissitudes chafing the export-driven economy, some of the world's lowest birth rates and an emboldened North Korea rapidly expanding its arsenal. Voter turnout was 79.4% - the highest since 1997. An exit poll by the three major broadcasters had earlier projected a victory for Lee, prompting his supporters to break into cheers outside the National Assembly, as party officials watching from inside the parliament started a chant of 'Lee Jae-myung'. For weeks, major polls had put Lee well ahead of Kim - Yoon's labour minister - who struggled with party infighting and failed to convince a third-party candidate to unify and avoid splitting the right-wing vote. After months of turmoil and a revolving door of lame-duck acting leaders, many South Koreans said they were eager for the country to move forward. Noh Min-young, 20, who has been protesting in the streets since Yoon declared martial law, told AFP she was 'relieved'. 'It's been a tough road. I'm happy because it feels like we've seized the opportunity that so many people fought for over the past six months.' 'Turning point' The fallout from Yoon's martial law declaration, which has left South Korea effectively leaderless for the first months of US President Donald Trump's tumultuous second term, was the decisive factor in the election, experts said. The vote was 'largely viewed as a referendum on the previous administration,' Kang Joo-hyun, a political science professor at Sookmyung Women's University, told AFP. Yoon's impeachment over his martial law bid, which saw armed soldiers deployed to parliament, made him the second straight conservative president to be stripped of office after Park Geun-hye in 2017. 'Lee's victory signals that the Korean public rejects illiberal and undemocratic measures such as martial law,' Gi-Wook Shin, a sociology professor at Stanford University, told AFP. Shin added: This moment will likely be remembered as a peculiar and consequential turning point in South Korea's political history. But Lee's success is due as much to his rivals' failings as his own strengths, said Minseon Ku, a postdoctoral researcher at the William & Mary Global Research Institute. 'Lee has a criminal record and was involved in several political and personal scandals,' Ku said. His rise to the presidency is 'a reflection of the deep political turmoil South Korea has been experiencing'. South Korean presidents serve a single five-year term. Police issued the highest level of alert and deployed thousands of officers to ensure the election, plus the upcoming inauguration on Wednesday, proceeded smoothly. Lee - who survived an assassination attempt last year - has been campaigning in a bullet-proof vest and delivering speeches behind a glass protective shield.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store