Stock markets mostly climbed and the dollar steadied against main rivals Wednesday with the US Federal Reserve set to cut interest rates. Shares in Nissan soared more than 20 percent on reports that the Japanese car titan is in merger talks with rival Honda.The Fed is widely expected to cut borrowing costs for a third time …
Stock markets, dollar climb before Fed rate decision Read More »
Japanese auto giants Honda and Nissan are in preliminary merger talks to help them compete against Tesla and Chinese electric vehicle makers, media reports said Wednesday.Shares in Nissan soared as much as 24 percent, while Honda dipped more three percent. Mitsubishi Motors — of which Nissan is the top shareholder — gained almost 20 percent.Japan’s …
Japanese carmakers Honda, Nissan in preliminary merger talks: reports Read More »
Asian markets swung Wednesday ahead of the Federal Reserve’s much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.There were few catalysts to drive region-wide activity before the US central bank’s interest rate decision, with Wall Street providing a …
Asian markets mixed ahead of Fed news, Nissan soars on merger reports Read More »
Shares in Japanese chipmaker Kioxia closed 10 percent higher in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.Formerly the semiconductor unit of Japanese engineering giant Toshiba, the firm is the world’s third-largest producer of NAND flash memory chips.It was acquired by US investment firm Bain Capital …
Shares in Japan chipmaker Kioxia jump 10% on Tokyo debut Read More »
Shares in Japanese chipmaker Kioxia rallied more than seven percent on their debut in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.Formerly the semiconductor unit of Japanese engineering giant Toshiba, the firm is the world’s third-largest producer of NAND flash memory chips.It was acquired by US …
Shares in Japan chipmaker Kioxia rally on Tokyo debut Read More »
Call it an antidote to fast fashion: Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.Unlike their mass-produced cousins, the tough garments crafted at the small Momotaro Jeans factory in southwest Japan are designed to be worn for decades, and come with …
True blue tradition: how Japan’s coveted jeans are made Read More »
Asian markets swung Wednesday ahead of the Federal Reserve’s much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.There were few catalysts to drive region-wide activity before the US central bank’s interest rate decision, with Wall Street providing a …
Asian markets diverge ahead of Fed news, Nissan soars on merger reports Read More »
TikTok’s breakneck rise from niche video-sharing app to global social media behemoth has drawn intense scrutiny, particularly over its links to China.The platform faces accusations of espionage in the United States, while the European Union has launched an investigation into claims it was used to sway Romania’s presidential election in favour of a far right …
One billion users, but controversies mount up for TikTok Read More »
Major stock markets mostly fell Tuesday as attention turned to the US Federal Reserve’s upcoming policy decision, with traders hoping for guidance on its interest rate plans as President-elect Donald Trump prepares to take office.Wall Street’s major indices slid, with the Nasdaq Composite coming off a record high despite solid US retail sales data.”Investors are …
Stock markets mostly drop ahead of Fed policy update Read More »
Japanese auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported early Wednesday.The two firms are looking to operate under a single holding company and will soon sign a memorandum of understanding for the new entity, according …
Japan’s Honda and Nissan to begin merger talks: report Read More »
