Live coverage of business, economics and financial markets as London and Thames Valley water utility says talks over new funding continue. 09:05Alex Lawson Thames Water has £15.2bn of ... ( read original story ...)
Nikkei 225 hits fresh high as Japan stocks continue to rally; Aussie business confidence climbs
Asia-Pacific markets rose on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs overnight. ( read original story ...)
Foreign-affiliated hotels opening in Kyoto, Osaka as competition for guests heats up
Numerous foreign-owned hotels have opened their doors across Japan in 2024 as the country experiences a surge in overseas visitors driven by ( read original story ...)
Disney to add new ship in Tokyo to expanding cruise business
By Dawn Chmielewski, Lisa Richwine and Rocky Swift URAYASU, Japan (Reuters) -Walt Disney unveiled plans on Tuesday to launch a new cruise ship that will set sail from Tokyo starting in fiscal 2028, adding a ninth vessel to the brand's growing fleet. ( read original story ...)
KKR to sell almost 50% stake in Tokyo-based Kokusai Electric – report
Shares of the Tokyo-based semiconductor manufacturing company have more than tripled since its IPO in October. A 20% stake in Kokusai ( OTCPK:KOKSF) was worth ~$1.6B as of Monday's closing price, the report said. ( read original story ...)
Japan arrests Chinese man for alleged shrine vandalism
A Chinese man who has been accused of spray painting the word "toilet" and urinating on a pillar at a controversial Japanese shrine has been arrested, say local media reports. The man was arrested by ... ( read original story ...)
KKR to Reduce Stake in Japan’s Kokusai Electric
Private equity firm KKR is planning to significantly reduce its stake in Kokusai Electric, a move that comes after a period of substantial growth for the Japanese chip equipment manufacturer’s shares.
Japan’s Nikkei marks record closing high as chip-related shares rally
Japan's 225-issue Nikkei average rose to a record close on Tuesday, with chip-related stocks following their U.S. peers higher as investors awaited testimony from Federal Reserve Chair Jerome Powell for clues on the path of interest rates. The Nikkei ...
Japanese Yen softer with rumors spreading on BoJ’s bond buying adjustments
The CME Fedwatch Tool is broadly backing a rate cut in September despite recent comments from Fed officials. The odds now stand at 73.6% for a 25-basis-point cut. A rate pause stands at a 22.9% chance ...
Japan issues heatstroke warning as ‘cooling shelters’ offer respite
Japan warned on Tuesday against the risk of heatstroke in Tokyo and areas in its east and west, as hot and humid conditions behind several recent deaths drove some people to use new "cooling shelters" ... ( read original story ...)
Japan’s Nikkei 225 stock index logs another record high close as world markets rally
TOKYO -- Japan’s Nikkei 225 stock index logged a record high close on Tuesday, gaining 2% to 41,580.17. The Nikkei 225 index also hit a record high last week, propelled skyward by strong buying ... ( read original story ...)
Japan’s Nikkei 225 stock index logs record high close, gaining 2% to 41,580.17 as Wall St rallies
Japan's Nikkei 225 stock index logs record high close, gaining 2% to 41,580.17 as Wall St rallies TOKYO -- Japan's Nikkei 225 stock index logs record high close, gaining 2% to 41,580.17 as Wall St ... ( read original story ...)
Stock market today: Japan’s Nikkei 225 index logs record close, as markets track rally on Wall St
TOKYO (AP) — Asian shares were mostly higher Tuesday, with Tokyo’s benchmark hitting another record, after Wall Street benchmarks reached more milestones. Japan’s benchmark Nikkei 225 jumped 2.0% to ... ( read original story ...)
Stock market today: Wall Street wavers ahead of bank earnings and Powell testimony this week
Stocks are wavering on Wall Street and hovering around the record highs they set last week FILE - The New York Stock Exchange is seen on July 3, 2024, in New York. Asian stocks have fallen while European markets are higher on Monday,
Nikkei 225 Reaches Record High Amid Market Optimism
Japan's Nikkei 225 stock index soared to a record high close of 41,580.17, driven by strong buying enthusiasm and gains from Wall Street. The rally continues despite Japan's slowing economy and a weakened yen trading at 34-year lows against the dollar,
Nasdaq, S&P 500 open at record highs with data, earnings in focus
Wall Street's main indexes rose on Monday, with the Nasdaq and the S&P 500 notching fresh intraday highs, as investors looked ahead to a week packed with inflation readings and the start of the corporate earnings season.