Market News

Jay Z's star power didn't extend to his involvement with Iconix Brand Group's bond offering. The company paid a higher-than-marketed 4.375% to sell $275 million of securities, as investors edge back from riskier assets.

Championship leader Dani Pedrosa will be hard to stop at the Catalunya Grand Prix after his record lap in qualifying.

A failed attempt to merge Kawasaki and Mitsui's shipbuilding arms shows the difficulties Prime Minister Abe faces in convincing staunchly independent Japanese firms they need to consolidate to spur growth.