By Rae Wee, Laura Matthews and Ankur Banerjee SINGAPORE/LONDON/NEW YORK (Reuters) -Global money managers are circling back to Japan’s stock and debt markets, drawn by the promises of its new reflationist government and a desire to diversify from pricier U.S. and European markets. Flows into yen-denominated stocks and bonds have been sustained this month, fund …
Global investors like the new-look Japan government, for now Read More »
By Arriana McLymore and Jessica DiNapoli NEW YORK -Fans of Netflix’s runaway hit “KPop Demon Hunters” will only be able to get their hands on branded toys well after the key holiday shopping season, a missed opportunity for Mattel and Hasbro that have won licensing deals from the streaming giant. Netflix said on Tuesday that …
Want a KPop Demon Hunters toy this holiday? Wait until next year, say toymakers Read More »
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s central bank unexpectedly kept key interest rates unchanged on Wednesday, pausing after three successive cuts, as policymakers assess the impact of previous reductions. Bank Indonesia kept the benchmark 7-day reverse repurchase rate at 4.75%. Of 28 economists polled by Reuters, 21 had expected a 25 basis …
Indonesia’s central bank pauses rate cuts, flags more easing Read More »
TOKYO (Reuters) -JERA Nex BP, a joint venture between Japan’s top power generator JERA and BP, plans to halt development of the U.S. Beacon offshore wind power project and lay off its U.S. employees in the coming months, the venture said in a statement. The decision marks the latest setback for the U.S. offshore wind …
JERA Nex BP halts development of US Beacon wind project as costs soar Read More »
By Tamiyuki Kihara TOKYO (Reuters) -As Japan’s new premier Sanae Takaichi got to work on Wednesday, her government began finalising a purchase package, including U.S. pickups, soybeans and gas, to present to President Donald Trump in trade and security talks next week, two sources said. She will not, however, commit to any new defence spending …
Exclusive-Japan’s new leader to woo Trump with promises on pickups and soybeans Read More »
LONDON (Reuters) -Consumer goods group Reckitt expects China to continue to be a growth engine for its core business, CEO Kris Licht said on Wednesday, as health-conscious consumers increasingly engage with brands across the company’s portfolio. Reckitt beat expectations for third-quarter like-for-like net sales growth, boosted by strength in emerging markets, which saw like-for-like net …
Reckitt expects health-engaged consumers to keep delivering strong growth in China Read More »
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) -Japan’s new prime minister Sanae Takaichi is expected to push for the accelerated revival of nuclear power to tackle inflation, a source of public discontent, with reactor restarts key to reducing costly fuel imports. Takaichi has appointed Ryosei Akazawa, who was Japan’s point person in its recent …
Nuclear power at heart of new Japan prime minister’s energy policy Read More »
BEIJING (Reuters) -Baidu announced a partnership with Switzerland’s PostBus on Wednesday to launch its Apollo Go autonomous vehicle service in the European country, as the Chinese tech firm accelerates a global push of its self-driving business. The partnership comes after Baidu partnered with Lyft in August to deploy robotaxis across Europe starting next year and …
Baidu expands robotaxi push to Switzerland in PostBus deal Read More »
KUALA LUMPUR (Reuters) -Malaysia is open to foreign companies establishing joint ventures with local firms to develop rare earths in the country, state media reported on Wednesday, citing the trade minister. The Southeast Asian country has some 16.1 million metric tons of rare earth deposits, according to government estimates, but lacks the technology to mine …
Malaysia seeks foreign partnerships to develop rare earth sector, state media reports Read More »
BEIJING/PARIS (Reuters) -Airbus said on Wednesday it had opened a second assembly line in China, increasing manufacturing capacity for its best-selling A320neo family of single-aisle jets. The new line completes a jigsaw of 10 global final assembly lines that Airbus says will be involved in a production drive, including two each in the U.S. and …
Airbus opens second jet assembly line in China as it targets production growth Read More »
