TOKYO : Tokyo stocks ended slightly higher today as a weaker yen boosted export-oriented automakers while many investors sat on the sidelines amid the Christmas holiday overseas, reported Xinhua. ( read original story ...)
KKR and Bain each bid more than US$5 billion for Seven & i assets: Sources
TOKYO: Private equity firms KKR and Bain Capital each offered more than US$5 billion in first-round bids for the non-core assets of Japan's Seven & i Holdings, according to people familiar with the ... ( read original story ...)
Japan to compile record $734 bln budget for next fiscal year, draft plan shows
Japan's government is set to compile a record $734 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world's heaviest debt, ... ( read original story ...)
Here’s why 3.5 million people in Japan buy KFC for dinner on Christmas day
When you think about a good Christmas dinner, what do you think of? For most people, it's probably a nice ham and some dressing to go along with it. For others? It's probably a nice turkey. ( read original story ...)
Japan finance minister repeats warning against excessive yen selling
Japan Finance Minister Katsunobu Kato reiterated Tokyo's discomfort over excessive foreign exchange moves and put speculators on notice that authorities are ready to act to stabilise a faltering yen. ( read original story ...)
Japan Startups Stocks Set for Longest Rout as Rate Hike Looms
A gauge of Japan’s startup stocks is headed for its longest run of annual losses on record as the threat of higher interest rates adds to a list of issues keeping some investors away from the sector. ( read original story ...)
Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, sources say
To secure approval for the deal, Nippon pledged to invest billions of dollars in US Steel’s business in critical states ... US Steel has said that the multibillion-dollar investment from its Japanese ... ( read original story ...)
Honda and Nissan Aim to Merge as Global Competition Bears Down
Japan’s second- and third-largest automakers hope the $50 billion deal would help them catch up with Tesla and China’s BYD in electric vehicles and advanced software. ( read original story ...)
Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
Automakers in Japan have lagged behind their big rivals in electric vehicles and are trying to cut costs and make up for lost time. ( read original story ...)
Nissan and Honda to attempt a merger that would create the world’s No. 3 automaker
Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. ( read original story ...)
Honda and Nissan announce plans to merge, creating the world’s third-largest automaker
TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its ... ( read original story ...)
Nissan, Honda expected to announce plans to merge, creating world’s No. 3 automaker
The two companies, and smaller Nissan alliance member Mitsubishi Motors, said their top executives would hold a news conference later in the day. ( read original story ...)
Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
Shares are mostly higher in Asia after U.S. stocks capped a mostly dismal week with a broad rally. Markets saw strong gains in Tokyo, China, Taiwan and South Korea. Honda and Nissan were expected to ... ( read original story ...)
Japan’s bond supply set to reach decade high as BOJ bond purchases slow
The BOJ’s plan to almost halve bond purchases comes as Prime Minister Shigeru Ishiba plans additional spending in an extra budget. ( read original story ...)
Japan to issue cease-and-desist order against Google
The Japanese antitrust watchdog found that the U.S. company has forced smartphone makers to install its search app. ( read original story ...)
Japan’s antitrust watchdog to find Google violated law in search case: Report
Japan's competition watchdog is expected to find Google guilty of violating the country's antitrust law, Nikkei Asia reported on Sunday (Dec 22), citing sources. The Japan Fair Trade Commission (JFTC) ... ( read original story ...)