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Month: December 2024

Posted on 12/12/2024

Japan plans to raise key taxes in 2026 to fund defence budget expansion

Japan's government plans to raise the country's key taxes starting in April 2026 to fund more defence spending after a one-year delay, according to a document seen by Reuters on Thursday. The plan, ... ( read original story ...)

Posted on 12/12/2024

Japan’s Nissan reshuffles management to fix its money-losing business

Embattled Japanese automaker Nissan has tapped Jeremie Papin, who was overseeing its U.S. operations, as its chief operating officer in a major management reshuffle billed as key to a turnaround. The ... ( read original story ...)

Posted on 12/12/2024

Andreessen Crypto Policy Lead Quintenz in Running for CFTC Chair

Brian Quintenz has emerged as a top contender to lead the Commodity Futures Trading Commission on what could be a dramatic shift in crypto regulation under President-elect Donald Trump.

Posted on 12/12/2024

Nikkei stock index tops 40,000 in morning on tech gains

The Nikkei stock index briefly rose above 40,000 on Thursday morning for the first time in two months on firm tech shares that tracked overnight gains by their U.S. counterparts. The 225-issue Nikkei ...

Posted on 12/12/2024

Asia stocks rally on Fed cut bets; Aussie jumps on jobs data

Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S. consumer inflation cemented bets for a Federal Reserve interest-rate cut next week ...

Posted on 12/12/2024

Japan’s TopCon says it is exploring going private and other options

By Anton Bridge and Anirban Sen TOKYO/NEW YORK (Reuters) -Japanese eyecare products maker TopCon is exploring going private and other measures to raise corporate value, it said in a statement, ... ( read original story ...)

Posted on 12/12/2024

Japan criminalizes cannabis use as revised laws take effect

Japan started criminalizing the use of cannabis and tetrahydrocannabinol (THC), a psychoactive chemical found in the plant, as revise ... ( read original story ...)

Posted on 12/12/2024

Asia-Pacific markets set to open higher after Nasdaq hit record highs on tame inflation data

Asia-Pacific markets were set to open higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November's inflation report met expectations.

Posted on 12/12/2024

Nikkei 225 index is on the verge of a big move ahead of BoJ decision

What is the outlook of the Nikkei 225 index after remaining in a tight range in the past few days? We explain what to expect in the near term ...

Posted on 12/12/2024

Nippon Life to Buy Resolution for $8 Billion in Global Push

Nippon Life Insurance Co. agreed to buy Resolution Life Group Holdings Ltd. for about $8.2 billion, the biggest takeover by a Japanese insurer, as it seeks to expand abroad to make up for dwindling ...

Posted on 12/12/2024

Four short animated films funded and selected for Ireland’s pavilion in Expo 2025 Osaka

All short films will be produced to be screened at Ireland’s pavilion at Expo 2025 in Osaka, Japan, which is taking place from 13 April to 13 October 2025. Over the course of six months, millions of ...

Posted on 12/12/2024

Most Japan firms expect Trump presidency to harm business environment, Reuters survey shows

Nearly three-quarters of Japanese companies expect Donald Trump's next term as U.S. president to have a negative impact on their business environment, citing planned tariff hikes and U.S.-China trade ...

Posted on 12/12/2024

Pop culture backer Slash Labs brings crypto credit card to Japan

Japan will have a cryptocurrency-backed credit card, after Slash Vision Labs finalized a deal with a Japanese credit card issuer. Slash is also active in putting Japanese intellectual property onto ...

Posted on 12/12/2024

Honda cuts funding to robotaxi venture with Cruise and GM in Japan

Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on ...

Posted on 12/12/2024

Japan whisky maker Suntory picks founder’s great-grandson as next president

TOKYO -- Japanese beverage group Suntory Holdings plans to promote Executive Vice President Nobuhiro Torii to president, placing a member of the founding family in the post for the first time in 10 ...

Posted on 12/12/2024

JGBs Mixed; May Be Weighed by Signs of Faster Inflation

JGBs were mixed in the morning Tokyo session, but prices may be weighed by signs of faster inflation in Japan that could boost expectations of a rate increase by the Bank of Japan this month.

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