Asia Business

Wall Street stocks were little changed on Thursday while Asian equities rose in thin Boxing Day trade, extending their “Santa Claus Rally” with several bourses still shut for the holiday.Japan’s Nikkei index closed up 1.1 percent, boosted by comments from the Bank of Japan governor and share price gains for top-selling automaker Toyota.China’s plans for …

US stocks take a breather, Asian bourses rise in post-Christmas trade Read More »

Asian stocks rose in thin Boxing Day trade on Thursday, extending a “Santa Rally” with key markets Hong Kong and Sydney still shut for the holidays.Japan’s Nikkei index closed up 1.1 percent, boosted by comments from the Bank of Japan governor and share price gains for top-selling automaker Toyota.China’s plans for massive bond issuances in …

Asia stocks up as ‘Santa Rally’ persists Read More »

Japan Airlines said its systems were up and running again after a cyberattack on Thursday caused delays to domestic and international flights.”We have identified the cause and scope of the malfunction, and the system has been restored,” said the airline, Japan’s second biggest after All Nippon Airways (ANA).The “large data attack” did not leak any …

Japan Airlines says systems restored after cyberattack Read More »

New Vietnamese internet rules requiring Facebook and TikTok to verify user identities and hand over data to authorities came into force on Wednesday, in what critics say is the latest attack on freedom of expression.Under “Decree 147”, all tech giants operating in Vietnam must verify users’ accounts via their phone numbers or Vietnamese identification numbers …

Sweeping Vietnam internet law comes into force Read More »

Fuelled in part by the success of TV hit “Shogun”, foreign studios are hungry for quality Japanese content and local creators are adaptingto meet demand.Fans of Japanese manga and anime cartoons have often criticised foreign adaptations that are unfaithful to the original material.But “Shogun”, based on the 1975 novel by Australian-British writer James Clavell, broke …

Demand for Japanese content booms post ‘Shogun’ Read More »

Global stocks mostly pushed higher on Tuesday in thin Christmas Eve trade, as investors waited to see if a so-called Santa Claus rally would sweep the market.”Santa Claus comes tonight, but if stock market participants are lucky he will start sprinkling some gifts today, which marks the official start to the ‘Santa Claus rally’ period,” …

Global stocks mostly higher in thin pre-Christmas trade Read More »

Global stocks were mostly higher on Tuesday, boosted by a tech rally on Wall Street, but gains remained modest in thin Christmas Eve trade.Overnight, US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally would materialise.”The US stock market closed with a mixed bag of results yesterday, …

Global stocks mostly rise in thin pre-Christmas trade Read More »

Global stocks were mostly higher on Tuesday boosted by a tech rally on Wall Street, but gains remained modest in thin Christmas Eve trade.Overnight, US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally would materialise.”The US stock market closed with a mixed bag of results yesterday, …

Global stocks mostly rise after US tech rally Read More »

Asian stocks were mostly higher on Tuesday after a tech rally on Wall Street, but their gains remained modest in thin Christmas Eve trade.Overnight, European stocks bounced around while US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally would materialise.US “stocks didn’t really have any …

Asian stocks mostly up after US tech rally Read More »

A US government panel failed to reach a consensus on whether US Steel’s acquisition by Nippon Steel threatens Washington’s national security, shifting the decision to the White House, the Japanese company said late Monday.The deadlock by the Committee on Foreign Investment in the United States (CFIUS) means the controversial $14.9 billion transaction will now be …

US panel could not reach consensus on US-Japan steel deal: Nippon Read More »