TOKYO (Reuters) – Japanese Finance Minister Katsunobu Kato and U.S. Treasury secretary Scott Bessent will cooperate on issues including forex, Kato said on Wednesday, following a video conference call between the two officials. Speaking to reporters, Kato did not say whether tariffs were discussed during the talks on Wednesday afternoon Tokyo time. “As ministers overseeing …
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TOKYO (Reuters) – Japan’s Advantest on Wednesday hiked its full year operating profit forecast by 37% due to strong demand for its testing tools for chips used in artificial intelligence tasks. “As of late, we have seen further growth in tester demand for AI related, high performance semiconductors,” CEO Douglas Lefever told an earnings briefing. …
Advantest hikes FY forecast as DeepSeek roils markets Read More »
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank held its overnight policy rate steady on Wednesday to underpin a stronger economic recovery as the country gradually pulls ahead from its worst financial crisis in decades. The decision, which leaves the key rate at pre-crisis levels, comes just days before the new government’s first …
Sri Lanka cenbank holds key policy rate steady as budget looms Read More »
By Sam Nussey and Kantaro Komiya TOKYO (Reuters) – Sony Group President Hiroki Totoki will add the CEO role from April 1, while incumbent Chairman and CEO Kenichiro Yoshida will remain as chairman, the entertainment and technology conglomerate said. The moves cement the leadership of Totoki as Sony, once famous for its consumer electronics such …
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By Naomi Rovnick LONDON (Reuters) -As a tech stock rout and U.S. dollar swings driven by President Donald Trump’s tariff threats send markets into a tailspin, investors are piling into assets from Japan’s yen to European credit that could act as a buffer to the turbulence. Markets that cheered Trump’s pro-growth agenda have turned bumpy, …
US tech and tariff shocks spark scramble for new market havens Read More »
(Corrects paragraphs 3-4 and 7 after Shukan Bunshun magazine says it reported in error that the dinner invitation had been extended by a Fuji TV executive. Also corrects first sentence in paragraph 7 to remove reference to the Fuji TV executive.) By Rocky Swift TOKYO (Reuters) – Japan’s Fuji Media said on Monday its chairman …
Fuji Media, rocked by sexual misconduct allegations, says executives to resign Read More »
By Rocky Swift TOKYO (Reuters) – (This Jan. 27 story has been corrected to fix text after Shukan Bunshun magazine said it reported in error that the dinner invitation had been extended by a Fuji TV executive, in paragraphs 3-4 and 7. A reference to the Fuji TV executive has been removed in paragraph 7) …
Fuji Media, rocked by sexual misconduct allegations, says executives to resign Read More »
BANGKOK (Reuters) – Thailand expects its 609-km (378 miles) portion of a high-speed railway that will connect it with China through Laos to begin operations in 2030, its government said on Wednesday, nearly a decade later than originally planned. More than a third of construction has been completed in the segment connecting the capital Bangkok …
Thailand expects high-speed rail link to China to operate from 2030 Read More »
By Miho Uranaka (Reuters) -Japan’s finance ministry plans to allow the Government Pension Investment Fund to participate directly in Japanese government bond auctions, a step that would help the world’s largest pension fund to smoothly rebalance its portfolio. The ministry said on Wednesday it plans to amend a government ordinance that defines participants in JGB …
Japan’s govt to allow GPIF to directly bid in JGB auctions Read More »
TAIPEI (Reuters) – Taiwan’s government will soon look at whether it needs to help its domestic industry over threats by U.S. President Donald Trump to put tariffs on semiconductors, Premier Cho Jung-tai said on Wednesday. Home to the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSMC), the island is a key link in the …
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