Japanese Chemical Firm Taiyo

Taiyo Holdings Co. and DIC Corp. Explore Potential Merger Amid Industry Consolidation

The Japanese chemical industry, Taiyo Holdings Co. is reportedly exploring a potential merger with its larger counterpart, DIC Corp., in a move that could reshape the landscape of the sector. Sources familiar with the matter have revealed that the two...
Fujitsu General Ltd

Paloma Rheem Holdings Offers ¥257 Billion for Fujitsu General Ltd., Adding to Japan’s Corporate Shakeup

On the ongoing realignment of Japan’s corporate landscape, Paloma Rheem Holdings, a relatively obscure maker of oven ranges and water heaters, has emerged as the latest contender to acquire Fujitsu General Ltd. The deal, valued at up to ¥257 billion...
Electronic screens displaying Japan Nikkei share average in Tokyo

Asia Shares Rise Amid Hopes of Softer Tariff Policies from U.S. President-elect Trump

Asian markets, shares rose on Tuesday, influenced by Wall Street's upbeat performance and tempered expectations about the incoming U.S. administration's tariff strategies. Investors speculated that President-elect Donald Trump might adopt a less aggressive trade stance than he pledged during his...
Asian Stocks

Asian Shares Mostly Rise as Tech Optimism Buoys Markets

Asian shares rose predominantly on Tuesday, buoyed by a rally in technology stocks on Wall Street, notably led by Nvidia. This optimism, however, was slightly tempered by mixed performances across regional markets. Japan’s benchmark Nikkei 225 led the regional rally,...
Oil Prices

Oil Prices Slide for Second Straight Session Amid Supply Concerns and Strong Dollar

Oil prices continued their downward trajectory for the second consecutive session on Tuesday. This decline is attributed to technical corrections following last week’s gains, compounded by forecasts of ample supply and the impact of a robust U.S. dollar. By 0148...
Thailand

Thailand Inflation Returns to Target Range, Bolstered by Rising Energy and Food Prices

Thailand’s inflation rate has returned to the central bank’s target range for the first time since May 2023, as rising energy and food prices propelled headline inflation upward in December. The country’s economic trajectory, was characterized by subdued inflationary pressures...
Indonesia Currency

Indonesia’s 2024 Budget Deficit Smaller Than Expected But Larger Than 2023’s Gap

Indonesia’s unaudited budget deficit for the 2024 fiscal year was reported at 2.29% of the country’s gross domestic product (GDP), according to data released by the finance ministry on Monday. The figure is smaller than the previously estimated 2.7% but...
UBS Group AG

UBS Group AG Expands in Japan: A Strategic Push into High-Yield Structured Investments

UBS Group AG, the Swiss multinational investment bank, has made a significant move to enhance its presence in Japan's lucrative market for high-yield structured investments and tailored derivative products. In a strategic hiring spree, UBS's Tokyo brokerage arm has recruited...
Crude Oil

Oil Prices Surge to Three-Month High Amid Market Optimism

Oil prices surged to their highest levels in nearly three months on Monday, driven by a more positive sentiment in broader financial markets and tight supplies from key producing regions. Brent crude hovered below $77 a barrel after reaching a...
Nippon Steel Corp

Nippon Steel Shares Dip Amid Biden’s Block on U.S. Steel Acquisition

Shares in Nippon Steel Corp., Japan's largest steelmaker, fell over 1% on Monday following U.S. President Joe Biden's decision to block its proposed $14.9 billion acquisition of U.S. Steel. Citing national security concerns, Biden’s move, which came after a year-long...
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