Japan
Asia-Pacific markets fall as investors await India rate decision, assess Japan’s spending data
Japan’s household spending massively beats expectations, boosting case for further BOJ hikes Japan’s household spending in December rose 2.7% year on year in real terms, according to a Friday report from the Statistics Bureau of Japan, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The figure sharply […]
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Japan’s household spending massively beats expectations, boosting case for further BOJ hikes
A customer picks up a snack at a supermarket store in Tokyo, Japan, on Tuesday, July 27, 2021. Noriko Hayashi | Bloomberg | Getty Images Japan’s household spending in December rose 2.7% year on year in real terms, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The […]
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Asia-Pacific markets open higher, shrugging off a week of trade turmoil
Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street. Source
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Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says
The Shanghai skyline Zorazhuang | E+ | Getty Images Asia’s “nascent capital market” needs a catalyst to kickstart it, an expert said at a CNBC Delivering Alpha event last month. The solution to having more listings in Asia involves having more products, information, fund managers and even good issuers, according to Jenny Lee, founder and […]
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Global auto stocks plunge as Trump tariffs spark trade war concerns
Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images Shares of auto giants fell sharply on Monday, after U.S. President Donald Trump imposed long-threatened tariffs […]
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SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI’s tech
Jaque Silva | Nurphoto | Getty Images SoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI’s tech, according to a joint announcement on Monday. The two also announced a new joint venture, billed as “SB OpenAI Japan,” which will market OpenAI’s enterprise tech exclusively to major companies […]
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Australia stocks rise as Wall Street stages a sharp recovery; most Asia markets closed for holiday
Cityscape image of Sydney, Australia with Harbor Bridge and Sydney skyline during sunset. Vacation and travel in Australia. Prasit Photo | Moment | Getty Images Australian stocks rose 0.38% Wednesday as Wall Street rebounded overnight, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Australia is slated to release its inflation data later […]
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Japan chip stocks extend losses as DeepSeek worries fuel Wall Street tech rout
A sales clerk shows off Elpida Memory Inc. memory chips at an electronics shop in Tokyo, Japan, on Thursday, March 5, 2009. Tomohiro Ohsumi | Bloomberg | Getty Images Shares in Japan’s chip-related companies extended declines for a second day as Chinese startup DeepSeek’s AI competitiveness calls into question the United States’ leadership in the […]
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Hong Kong stocks rise after AI sell-off fueled by China’s DeepSeek drags Wall Street lower
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Hong Kong stocks rose Tuesday after Wall Street saw a massive drop in shares of tech companies, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Hong Kong’s Hang Seng Index traded […]
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Japan chip stocks fall as DeepSeek’s challenge to U.S. AI dominance raises worries for Asian tech firms
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Japan’s chip-related stocks fell Monday as Chinese AI startup DeepSeek raises concerns about a potential challenge to America’s global leadership in artificial intelligence that threatens Asian tech companies […]
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