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Posted on 20/11/2024

Japan’s Stimulus Package Gets DPP Nod With Tax Talk Inclusion

Japanese Prime Minister Shigeru Ishiba struck a deal with a key opposition party over his economic stimulus package, by promising that discussion of the opposition’s tax cut proposals will be included among the measures, ( read original story ...)

Posted on 20/11/2024

Japan set to approve $87 billion economic stimulus this week

Japan's ruling coalition on Wednesday agreed with a key opposition party on the draft of an economic stimulus package, clearing a major hurdle for the $87 billion package designed to help cushion the ... ( read original story ...)

Posted on 20/11/2024

Japan sets monthly record with 3.31 mln visitors in October

Japan welcomed a record 3.31 million visitors last month, official data showed on Wednesday, as the weak yen propelled a tourism boom that is pouring money into the nation's coffers. ( read original story ...)

Posted on 20/11/2024

Japan ramps up tech ambitions with $65 bn for AI, chips

Japan is readying a $65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a global tech leader and meeting the urgent challenges of its ageing, shrinking ... ( read original story ...)

Posted on 20/11/2024

Logan Paul accused of misleading fans over crypto investments

Logan Paul, the massively popular social media personality, is facing fresh questions over his cryptocurrency dealings amid ongoing concerns he may have profited from misleading fans. The BBC has seen ...

Posted on 20/11/2024

Tokyo Gas Shares Rise Sharply After Elliott Builds Stake

Tokyo Gas shares rose sharply after activist investor Elliott Investment Management disclosed that it built a stake in the Japanese utility company.Shares rose 12% on Wednesday by midday in Tokyo ... ( read original story ...)

Posted on 20/11/2024

Corporate Shakeups Light Up Tokyo Bourse on Down Day for Stocks

Deal makers and activist investors injected drama into the Japanese equity market on Wednesday, triggering sharp rallies in shares of Seven & i Holdings Co., Tokyo Gas Co. and Kobayashi Pharmaceutical ... ( read original story ...)

Posted on 20/11/2024

Japan records a trade deficit in October for a 4th straight month, despite export recovery

Japan racked up a trade deficit in October for the fourth month in a row, as a weak yen and the rising price of energy kept import costs high. ( read original story ...)

Posted on 20/11/2024

Tokyo Gas shares jump most since 1987 after activist fund discloses major stake

Tokyo Gas shares jumped as much as 15% after Elliott Investment Management said it now held a major stake in the company and may make "important proposals” to the utility. The fund has acquired 5.03% ... ( read original story ...)

Posted on 20/11/2024

Japan exports rebound on China chip-making demand; Trump tariff risks loom

Japan's exports expanded faster than expected in October led by a pick-up in chip equipment demand in China, though fears persist over potential U.S. protectionist trade policies that could hamper ... ( read original story ...)

Posted on 20/11/2024

Japan exports rebound on China chipmaking demand but Trump tariff risks loom

Japan's exports expanded faster than expected in October, led by a pick-up in chip equipment demand in China, though fears persist over potential U.S. protectionist trade policies that could hamper ... ( read original story ...)

Posted on 20/11/2024

Blackstone Nears $2.6 Billion Deal to Buy Seibu’s Tokyo Complex

Blackstone Inc. has emerged as the frontrunner to buy a mixed-use office complex in Tokyo being sold by Seibu Holdings Inc. in a deal that could be worth around ¥400 billion ($2.6 billion), according ... ( read original story ...)

Posted on 20/11/2024

Tokyo Gas shares surge after activist investor Elliott takes stake

Investing.com-- Shares of Tokyo Gas Co., Ltd. (TYO:9531) rose sharply on Wednesday after activist investor Elliott Management took a stake in the firm in a likely bid to improve shareholder value. ( read original story ...)

Posted on 20/11/2024

Explainer-How Far Could the Bank of Japan Raise Interest Rates?

The BOJ has produced staff estimates using different models that show Japan's inflation-adjusted real neutral rate to be in a range of around -1% to +0.5%. That means if inflation were to hit the ...

Posted on 20/11/2024

Tokyo Gas Shares Jump Most Since 1987 After Elliott Stake Report

Tokyo Gas Co.’s stock rose 15% at one point in early trading Wednesday, its biggest climb since 1987, after Elliott Investment Management reported it had acquired 5.03% of the utility company’s shares ... ( read original story ...)

Posted on 20/11/2024

Asia-Pacific markets are set to open mostly lower; Japan trade and China lending rate in focus

China is expected to leave its benchmark lending rates unchanged Wednesday after cutting them in October, according to a Reuters poll. ( read original story ...)

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