TOKYO (Reuters) – Japanese retail sales rose 2.8% in November from a year earlier, government data showed on Friday. That was above the median market forecast for a 1.7% rise. To view full tables, go to the website of the Ministry of Economy, Trade and Industry at: (Reporting by Yoshifumi Takemoto; Editing by Chang-Ran Kim)
TOKYO (Reuters) – Japan’s jobless rate in November stayed the same at 2.5% from October, government data showed on Friday, and matched economists’ median forecast. The jobs-to-applicants ratio was also unchanged, at 1.25, in line with economists’ median forecast. (Reporting by Kentaro Sugiyama; Writing by Satoshi Sugiyama; Editing by Chang-Ran Kim)
TOKYO (Reuters) -Japan Airlines (JAL) said on Thursday its systems returned to normal, with same-day ticket sales resuming, after a cyberattack delayed some domestic and international flights. The attack began at 7:24 a.m., affecting internal and external systems, JAL said earlier. It temporarily shut down a router that was causing malfunctions and suspended ticket sales …
JAL’s systems back to normal after cyberattack delayed flights Read More »
By Nicole Jao NEW YORK (Reuters) -Oil edged lower on Thursday in light holiday trade as the dollar’s strength offset hopes for additional fiscal stimulus in China, the world’s biggest oil importer. Brent crude futures settled down 32 cents, or 0.43%, at $73.26 a barrel. U.S. West Texas Intermediate crude closed at $69.62, down 0.68%, …
Oil prices ease as markets weigh China stimulus hopes Read More »
SEOUL (Reuters) – A German court has ordered the recall and destruction of some products from lighting maker Signify that infringed on the patents of Seoul Semiconductor, the South Korean firm said on Thursday. The court in Dusseldorf ordered distributor Conrad Electronic to take the actions and said there would be a fine of up …
Court orders recall of Signify lighting products over patents, Seoul Semiconductor says Read More »
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday. The joint venture will be formed partly by Shinsegae investing its 100% stake in South Korean e-commerce platform Gmarket, it said in a regulatory filing. AliExpress Korea …
South Korea’s Shinsegae to set up joint venture with Alibaba International Read More »
SHANGHAI/BEIJING (Reuters) -Jinjiang Group, a contractor for Chinese electric vehicle maker BYD, said on Thursday Brazilian authorities’ portrayal of their employees as “enslaved” was inconsistent with the facts and that there were translation misunderstandings. Brazilian labor authorities had on Wednesday said they found 163 Chinese nationals working in “slavery-like conditions” at a construction site for …
BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities Read More »
BEIJING (Reuters) – Chinese battery manufacturer CATL said on Thursday it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed. CATL plans to issue offshore H-shares and apply for a listing on the main board of the Hong Kong Stock Exchange, it said in the filing. CATL’s board has approved …
TOKYO (Reuters) – Japan’s Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden weighs whether to block a deal that has faced intense opposition since it was announced. The closing date was revised to the first quarter of 2025 from …
Nippon Steel pushes deadline to close U.S. Steel deal as Biden decision looms Read More »
By Kevin Yao and Ellen Zhang BEIJING (Reuters) – China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little impact on growth this year, as policymakers pledged more stimulus to spur expansion in 2025. Policy support late this year has set the world’s second-largest economy on …
China revises up 2023 GDP, sees little impact on 2024 growth Read More »
