Japan’s Nikkei scales 34-year peak on Wall Street record
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average rallied to a fresh 34-year peak on Monday as the U.S. S&P 500’s record-high close on Friday buoyed investor sentiment, despite continued…
Orix can invest about $2 billion in Toshiba buyout – Nikkei Business
TOKYO (Reuters) -Orix Corp has decided it could invest about 300 billion yen ($2 billion) in a consortium to buy out Japanese industrial conglomerate Toshiba Corp, the Nikkei Business magazine reported on…
Nissan, Renault relationship should be ‘more equal’ Renault CEO tells Nikkei
TOKYO (Reuters) -The relationship between Japan’s Nissan Motor Co and top shareholder Renault SA should be “more equal”, the Nikkei newspaper quoted the French automaker’s chief executive as saying. “This is not…
Japan LDP tax chief says corporate tax hike an option for defence funding -Nikkei
TOKYO (Reuters) -The head of tax policy at Japan’s ruling Liberal Democratic Party (LDP) said on Friday that raising corporate taxes was an option to fund the country’s defence build-up, the Nikkei…
Google to invest $690 million in Japan, CEO Pichai tells Nikkei
(Reuters) – Alphabet Inc’s Google plans to invest a total of 100 billion yen ($690.13 million) in Japan through 2024, its Chief Executive Officer Sundar Pichai told Nikkei in an interview on…
Mazda discussing ending production in Russia – Nikkei
TOKYO (Reuters) – Japan’s Mazda Motor Corp is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia, the Nikkei newspaper reported on Saturday. The Japanese automaker,…
BOJ conducted rate check in apparent preparation for currency intervention -Nikkei
TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday citing unnamed sources. (Reporting by Mariko Katsumura; Editing…
Japan’s Mitsui nears decision to join new Sakhalin-2 operator -Nikkei
TOKYO (Reuters) – Japanese trading firm Mitsui & Co is close to making a final decision to join a new Russian operator for the Sakhalin-2 liquefied natural gas (LNG) project, the Nikkei…
Nikkei ends above 29,000 for first time in seven months on Wall Street rally
TOKYO (Reuters) – Japan’s Nikkei ended above the key psychological level of 29,000 on Wednesday for the first time in more than seven months, after an overnight Wall Street rally in major…
U.S. Vice President Harris to attend Abe’s state funeral – Nikkei
(Reuters) – U.S. Vice President Kamala Harris will attend former Japanese Prime Minister Shinzo Abe’s state funeral on Sept. 27, Nikkei Asia reported https://s.nikkei.com/3QIM37n on Sunday. Harris is also expected to meet…
Fed’s Bullard favors 75 basis point hike in July over 100 for now – Nikkei
(Reuters) – St. Louis Federal Reserve President James Bullard would prefer to lift interest rates by 75 basis points at the central bank’s next meeting later this month, telling the Japanese news…
Japan’s SMFG plans to buy 10% stake in SBI worth over $443 million -Nikkei
TOKYO -Japan’s Sumitomo Mitsui Financial Group (SMFG) Inc is in final talks to acquire 10% of online financial giant SBI Holdings Inc in a deal likely worth over 60 billion yen ($443…
Japan considers resuming tourism discount as COVID eases -Nikkei
TOKYO – Japan’s government is considering resuming a national travel discount campaign as soon as late this month to help the tourism industry recover from a COVID-19 slump, the Nikkei newspaper said…
Japan’s Nikkei seen rising 7% to 29,000 by year-end, erasing 2022 losses: Reuters poll
By Kevin Buckland TOKYO – Japan’s Nikkei share index, which has had a rollercoaster ride in the past year, is forecast to climb over 7% to 29,000 by end-2022, a level last…
Japan PM says important to keep close ties with overseas FX authorities – Nikkei interview
TOKYO – Japanese Prime Minister Fumio Kishida said it was important for Japan to maintain close ties with overseas currency authorities, in an exclusive interview with Nikkei newspaper published on Friday. “Rapid…
Japan PM Kishida arranging to join Shangri-La Dialogue security summit -Nikkei
TOKYO – Japanese Prime Minister Fumio Kishida is arranging his attendance at the Shangri-La Dialogue Asian security summit in Singapore on June 10-12 to foster an understanding of Japan’s defence buildup, Nikkei…
Hitachi to sell $1.6 billion Hitachi Transport stake to KKR, Nikkei says
TOKYO – Hitachi Ltd is planning to sell most of its 40% stake in Hitachi Transport System Ltd to U.S. private equity firm Kohlberg Kravis Roberts (KKR) for $1.56 billion, the Nikkei…
Nissan to stop most development of new gasoline engines – Nikkei
– Nissan Motor Co Ltd plans to stop developing new internal combustion engines in all its major markets except the United States and focus on making electric vehicles, the Nikkei business daily…
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