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A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu.  Commentary 

Japan to ask TCI not to boost J-Power stake -source

Tue Apr 15, 2008 11:42pm EDT

Stocks

   

TOKYO, April 16 (Reuters) - The Japanese government will ask British activist fund TCI not to raise its stake in J-Power, a Japanese electricity wholesaler, a government source said.

Private Capital

A panel set up by Japan's finance ministry said on Tuesday that raising TCI's stake in Electric Power Development (9513.T) (J-Power) could "disturb the public interest." (Reporting by Reiji Murai; Writing by Junko Fujita)



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