Japan
Asia-Pacific open lower after higher Treasury yields drag down Wall Street
The Seoul skyline at sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets opened lower Wednesday, tracking losses on Wall Street after Treasury yields rose and major U.S. tech stocks declined. Japan’s Nikkei 225 opened 0.57% lower, while the Topix lost 0.45%. South Korea’s Kospi rose 0.28% while the Kosdaq Index was flat. Shares […]
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Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
This picture taken on Feb. 16, 2024 shows a logo of Nippon Steel Corp. at the company’s Kyushu manufacturing base in Kitakyushu city of Fukuoka Prefecture. U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed $14.9 billion purchase of U.S. Steel, a person familiar with the matter said on Wednesday, pushing the […]
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This Japanese man earned $80,000 a year from ‘doing nothing’
Shoji Morimoto’s day job involves loaning himself out to strangers who seek someone’s company for almost anything at all. Lee Ying Shan When Shoji Morimoto was fired from his office job in 2018, his superior had criticized him for lacking initiative and “not doing anything” of value for the company. Joke’s on him, because Morimoto, […]
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I’m from Japan, home to some of the world’s longest living people: What I eat for breakfast every day
When I moved from Japan to the U.S. in the 1990s, it wasn’t always easy to get the ingredients I knew and loved. But there were some staples that were easier to come by, like whole grains and beans. From there, I built my favorite breakfast: brown rice, beans, “natto” (fermented soybeans), “nukazuke” (pickled vegetables), […]
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‘Unprecedented’: The most punctual global airline last year was ‘absolutely’ a surprise, analytics firm CEO says
Aeromexico was the most punctual global airline in 2024, according to a report published by aviation analytics company Cirium. Some 86.7% of its tracked flights arrived “on-time,” defined as arriving within 15 minutes of scheduled arrival times. This result was “absolutely” a surprise, Cirium CEO Jeremy Bowen told “Squawk Box Asia” Friday. “They’ve had a […]
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Australia market opens lower as investors in Asia await China manufacturing data
A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images Australia market opened lower on the last trading day of the year, while investors in Asia awaited manufacturing data from China. Australia’s S&P/ASX 200 traded 0.56% lower on a shortened trading day. Japan and South Korea’s […]
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Asia-Pacific markets are set to open lower on the penultimate trading day of 2024
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 were set to open lower on the penultimate trading day of this […]
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Japan’s cabinet approves record $730 billion budget for next fiscal year
Pedestrians walk in front of the Bank of Japan head office building in Tokyo on April 27, 2022. The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing costs at “present or lower” levels, signaling its resolve to focus on supporting the economy’s tepid recovery from the Covid-19 pandemic. […]
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Asia markets trade mixed as investors assess Tokyo CPI, await China’s industrial profit data
Train loaded with coal ready to leave a coal mine belonging to China Energy Investment Corporation on Jan. 14, 2023 in Ejin Horo Banner, Ordos City, Inner Mongolia Autonomous Region of China. Wang Zheng | Visual China Group | Getty Images Asia-Pacific markets were mixed Friday, as some markets return from the Boxing Day holiday […]
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Nippon Steel pushes deadline to close U.S. Steel deal as Biden decision looms
Signage for Nippon Steel Corp. outside the Marunouchi Park Building, which houses the company’s headquarters, in Tokyo, Japan, on Monday, March 25, 2024. Kiyoshi Ota | Bloomberg | Getty Images Japan’s Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden […]
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