1. Nippon Express Shares Surge 18% to Record After Elliott Discloses 5% Stake in Tokyo Logistics Firm
Nippon Express shares surged to a record intraday high after U.S. activist hedge fund Elliott Investment Management disclosed a 5.04% stake in the Tokyo-based logistics company, marking one of the most significant single-day movements in the Japanese transport sector this year. The stake disclosure sent ripples throug...