by | Dec 25, 2024 | Business News
By Takaya Yamaguchi TOKYO (Reuters) – Japan’s government is set to compile a record $734 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world’s heaviest debt, a draft plan seen by... by | Dec 25, 2024 | Business News
(Reuters) – Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business on the island because of anti-competition concerns, Bloomberg News reported on Wednesday, citing Taiwan’s official Central News Agency (CNA). Uber, Delivery... by | Dec 25, 2024 | Business News
BANGKOK (AP) — Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Oil prices rose. Japan’s Nikkei 225 index edged 0.1% lower to 38,997.02, while the Shanghai Composite index lost 0.2% to 3,387.41.... by | Dec 25, 2024 | Business News
By Yuka Obayashi TOKYO (Reuters) -Japan’s Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel mills are located, Nippon Steel’s President Tadashi Imai told reporters on Wednesday. On Monday, a U.S.... by | Dec 25, 2024 | Business News
TOKYO (Reuters) – Toyota Motor’s global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its worldwide sales grew for the second consecutive month on solid demand in the United States and China. The... by | Dec 24, 2024 | Business News
By Miho Uranaka, Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Private equity firms including KKR and Bain Capital offered from around 750 billion yen ($4.8 billion) to around 1.2 trillion yen ($7.6 billion) in a first round of bidding for the non-core...