Japan
CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth
Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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CNBC Daily Open: Nasdaq hits high even as poor earnings growth disappoints investors
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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European stocks set to slip at open; Mercedes car earnings plummet
European markets: Here are the opening calls European markets are seen opening mixed on Friday, according to IG data. Germany’s DAX is set to open 33 points lower at 19,416, with France’s CAC 40 down 11 points at 7,497. The U.K.’s FTSE 100 is seen heading for a cautiously brighter start, up 5 points at […]
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Japan visitors spent $39 billion through September, breaking annual record
Visitors walk on the Sannenzaka slope in Kyoto, Japan, on Sunday, June, 26, 2022. Kosuke Okahara | Bloomberg | Getty Images Visitor spending in Japan broke an annual record in just nine months, official data showed on Wednesday, demonstrating the economic power of a tourism boom fueled by the weak yen. Travelers spent 5.86 trillion yen ($39.27 billion) through […]
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LVMH falls 6% as third-quarter revenues drop; European markets trade lower
European markets traded lower Wednesday morning as global market sentiment took a turn for the worse. The pan-European Stoxx 600 index was down 0.2% early on in the trading session with the majority of sectors in negative territory. The FTSE 100 was up 0.8% at the open after the latest U.K. data showed the inflation […]
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The solid-state batteries hype is fading – prompting auto giants to consider alternatives
Car batteries at a factory in Nanjing in China’s eastern Jiangsu province. Str | Afp | Getty Images PARIS, France — The push to commercialize solid-state batteries for electric vehicles (EVs) is well underway, but analysts say auto giants could be on the cusp of turning to a different kind of transformative science. Solid-state batteries […]
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I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
Anton Wormann, 32, moved to Japan in October 2018. Courtesy of Anton Wormann Anton Wormann, 32, has always had a passion for DIY projects and creating beautiful spaces. So, after he discovered that his neighbor’s property had been abandoned, he decided to purchase it and bring it back to life. Upon inspection, Wormann discovered that […]
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Tokyo Metro’s IPO could drive momentum in the Japanese market as Chinese listings dry up
In Japan’s biggest initial public offering in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company’s regulatory filing on Tuesday. Miho Uranaka | Reuters Tokyo Metro’s initial public offering could drive momentum in the Japanese market and attract more companies into the […]
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Tokyo Metro set to raise $2.3 bln in Japan’s biggest IPO in 6 years, Reuters reports
Tokyo Metro’s logo is pictured at Kasumigaseki station in Tokyo, Japan, Aug. 15, 2024. Miho Uranaka | Reuters Tokyo Metro is expected to raise 348.6 billion yen ($2.3 billion) after pricing its initial public offering at the top end of its range, according to two sources familiar with the matter, in the largest IPO in Japan for […]
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Netflix and more: Jefferies names stocks set to benefit from a $60 billion anime boom
The popularity of anime — or animation produced in Japan — has boomed in recent years, and several global entertainment companies are leading in, according to Jefferies. “Many companies are now positioning anime-related businesses as core to their growth strategies,” the investment bank’s analysts said in an Oct. 9 equity research note. The key driver, […]
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