Japan
Bank of Japan is expected to hike rates this week, CNBC survey shows
Bank of Japan Governor Kazuo Ueda delivers a speech at the start of issuance of new yen banknotes at the Bank of Japan headquarters in Tokyo on July 3, 2024. Str | Afp | Getty Images The Bank of Japan is expected to raise its benchmark interest rate this week by 25 basis points, according […]
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Asia markets open higher as Trump promises U.S. ‘golden age’ at presidential inauguration
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets are expected to gain Tuesday, as investors await greater clarity on policies […]
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Japan wants more travelers, but Kyoto signals it’s had enough
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Japan attracted a record-breaking 36.9 million travelers in 2024, placing it closer to reaching its goal of 60 million travelers by 2030. However, Kyoto’s new plan to increase overnight accommodation taxes, which for some could rise from $6 to $64 per person […]
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Asia-Pacific markets are set to open higher ahead of Donald Trump’s inauguration
Shanghai Pudong district at sunrise Dukai Photographer | Moment | Getty Images Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump’s inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia’s S&P/ASX 200 rose 0.2% at the open. Japan’s Nikkei 225 futures pointed to a higher open […]
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Asia-Pacific markets are set to open lower as investors await a slew of China data
Night view of the Lujiazui financial district in downtown Shanghai. Yongyuan Dai | E+ | Getty Images Asia-Pacific markets were set to open lower Friday as investors brace for a slate of economic data from China. Australia’s S&P/ASX 200 traded flat at the open. Japan’s Nikkei 225 futures pointed to a lower open for the […]
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BOJ deputy governor flags chance of rate hike next week
Shoppers in Tokyo, Japan, on Saturday, Sept. 16, 2022. James Whitlow Delano | Bloomberg | Getty Images The Bank of Japan will debate whether to raise interest rates next week, as prospects of sustained wage gains heighten and the U.S. policy outlook becomes clearer in President-elect Donald Trump’s inaugural address, Deputy Governor Ryozo Himino said. […]
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Asia markets open mixed, tracking Wall Street moves that saw investors rotate out of tech
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets opened mixed Tuesday after a mixed session on Wall Street that saw […]
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Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S., September 16, 2024. Rebecca Cook | Reuters Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan’s Nippon Steel was just blocked by the White House earlier […]
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The world’s most powerful passport has a clear winner this year — in 2024 it was a six-way tie
Singapore has the world’s most powerful passport, according to the 2025 Henley Passport Index. The nation-state was one of six countries which tied for the top spot in 2024 in the list produced by the migration consultancy Henley & Partners, which ranks passports by the number of destinations that holders can access without needing a […]
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Beyond Tencent: Goldman refreshes its list of top Asian stocks — giving one nearly 50% upside
Goldman Sachs is cautious on Chinese tech behemoth Tencent Holdings , removing it from its Asia-Pacific “conviction list” of top picks. The company was added to the U.S. Department of Defense’s list of “Chinese military companies” on Jan. 7. That means that the government body will be prohibited from procuring goods or services directly from entities […]
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