A JAPANESE state-backed investment vehicle is going ahead with its US$6 billion buyout of chipmaking materials linchpin JSR, after securing assurances of China’s approval for a deal that Tokyo sees as ...
Joe Biden to raise concern over Nippon Steel’s deal for US Steel, source says
U.S. alliance is stronger than ever, and the two countries will continue to work together … in the field of economic security," Hayashi, chief cabinet secretary, told reporters on Thursday, echoing ...
Japan’s Nikkei reverses course to end higher as chip stocks narrow losses
Japan's Nikkei share average changed course to end higher on Thursday, as heavyweight chip-related stocks narrowed early losses and energy shares gained. The Nikkei closed 0.29% higher at 38,807.38, ...
Asian markets mixed mirroring weak global sentiment, Nikkei index snaps three-day decline
The index rose, reversing losses from earlier in the session and breaking three consecutive days of losses. Japan’s 10-year government bond yield rose ...
These Will Be the Winners and Losers When Bank of Japan Ditches Negative Rates
The Bank of Japan’s steady march toward raising interest rates for the first time since 2007 begs the question of who will win and who will lose after years of massive stimulus and ultra-low borrowing ...
‘Disappointed before’, but structural shifts make Japan ‘extremely interesting’: Bank of Singapore, Morgan Stanley CIOs
There are real positive fundamental differences between the Japan we know today versus Japan that we knew five to 10 years ago.” ...
Japan’s JIC to Start Tender Offer for JSR on March 19 After Chinese Approval – Bloomberg News
TOKYO (Reuters) - Japanese state-backed fund Japan Investment Corp (JIC) will start a tender offer for chip materials maker JSR Corp's shares on March 19 after it obtained Chinese regulators' approval ...
A $6 Billion Tender Offer Key to Japan’s Chip Ambitions Is Slated to Begin Next Week
A representative of JSR declined to comment. The privatization of JSR would give Japan more control over the world’s top supplier of photoresists used to make the most advanced semiconductors, helping ...
Asia Stocks Steady; Nikkei Bruised by BOJ Pivot Bets
MSCI's broadest index of Asia-Pacific shares outside Japan was last little changed and strayed not too far from a seven-month peak hit in the previous session, as traders shrugged off ...
Japan’s Nikkei falls as chip-related stocks track US peers lower
Japan's Nikkei share average fell on Thursday, as heavyweight chip-related stocks tracked U.S. peers' declines overnight, while gains in energy shares limited the losses. The Nikkei was down 0.18% at ...
Asian stocks muted before more rate cues; Japan weakness continues
Investing.com-- Most Asian stocks stuck to a tight range on Thursday in anticipation of more cues on U.S. inflation and interest rates, while losses in Japanese markets extended into a fourth straight ...
FOREX Yen rises as investors eye Japan policy move; bitcoin soars to new record
The yen drifted higher against the U.S. dollar for a fourth straight session on Monday, bolstered by an upward revision to Japan's growth figures and expectations the Bank of Japan could exit negative ...
U.S. Probes Hamas Use of Crypto Before Oct. 7
T he U.S. Treasury Department is investigating $165 million in cryptocurrency-linked transactions that may have helped finance Hamas prior to the militant group’s Oct. 7 attack ...
Joe Biden’s latest budge proposal calls for a 30% tax on crypto mining
U.S. President Joe Biden is pitching a variety of crypto related taxes and regulations, which he says could generate almost $10 billion next year.
Japan’s first private satellite explodes seconds after liftoff | WATCH
The 59-ft rocket exploded just seconds after liftoff. The video of the liftoff explosion has gone viral on social media.
Geely-Backed Meizu Taps Banks for IPO at $2 Billion Value
Deliberations are ongoing and details of the IPO including bank lineup and size may change, the people said. A representative for DreamSmart declined to comment, while representatives for CICC and ...