Japan
Tourists are flocking back to Southeast Asia — but the robust recovery is showing signs of cracks
After more than two years of lockdowns and border controls, Southeast Asia is finally experiencing some semblance of the old days of travel. Flights are steadily returning to 2019 levels in the region’s major economies, with Singapore, Thailand and Malaysia being the most popular destinations this year, according to the flight data analytics firm Cirium. […]
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Bidders weigh offers valuing Toshiba at up to $22 billion: Reuters, citing sources
The logo of Japanese industrial group Toshiba is seen on top of a building at its headquarters in Tokyo on November 12, 2021. Bidders for Toshiba are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at […]
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These low volatility, dividend-paying global stocks are beating the market — and could go higher
From multi-day losing streaks to overnight rallies, it has been a roller coaster ride for markets this year. For investors looking to ride out the unpredictability, CNBC PRO has screened for low-volatility stocks with income in the U.S. and beyond, that have outperformed the beaten-down market. Stocks ended last week lower as markets weighed the […]
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Bank of Japan maintains ultra-low rates, warns it is closely watching yen moves
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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U.S., allies fly fighter jets amid North Korea tensions
People watch a TV news program reporting on North Korea test-firing a newly developed tactical guided weapon on April 17, 2022 in Seoul, South Korea. The United States and its Asian allies flew dozens of fighter jets over waters surrounding the Korean Peninsula on Tuesday in a show of force as their diplomats discussed a […]
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Japan is about to welcome back foreign travelers, but domestic tourism remains its priority
After more than two years of closed border policies, Japan is set to welcome back international travelers this week. Come June 10, foreign tourists traveling via packaged tours can enter Japan. However, the government’s priority still lies in boosting domestic tourism numbers, said Tadashi Shimura, president of Japan Association of Travel Agents. Even before the […]
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The race toward a new computing technology is heating up — and Asia is jumping on the trend
A quantum computer in a vibration-free building. Quantum computing will ultimately speed up the computational power that drives many industries and could affect everything from drug discovery to how data is secured. Oliver Berg | Picture Alliance | Getty Images Quantum computing was already gathering pace in Japan and elsewhere in Asia when the University […]
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Japan wants to boost domestic tourism, says industry body
Tadashi Shimura of the Japan Association of Travel Agents discusses the country’s travel outlook. Source
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Japan to restart idled nuclear power plants, says its prime minister
A radiation counter in an obscure corner of vacant lot at Futaba in Fukushima prefecture on Mar 10, 2022. Japan will take firm steps to restart idled nuclear power plants to make maximum use of nuclear power to stabilize energy prices and supply, Prime Minister Fumio Kishida said on Friday. Yusuke Harada | Nurphoto | […]
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Thousands of people are leaving Hong Kong — and now it’s clear where they’re going
They stuck it out during the political protests of 2019. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 — not because they want to, several told CNBC, but because Covid restrictions and what they see […]
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