JGB futures edge lower in the early Tokyo session, weighed by the yen's depreciation which tends to boost import prices and inflationary pressures in Japan. This, in turn, could lead to further BOJ rate increases. Meanwhile, investors may also focus on Japanese Finance Ministry's auction today of a…
Japanese stocks are higher in early trade following a U.S. tech stock rally overnight. Electronics and metals stocks are leading the gains. Keyence is up 4.1% and Fujikura is 5.1% higher. The dollar is at 161.94 yen, compared with Y161.84 as of Monday's Tokyo stock market close. Investors are close…
2012 ET - Japanese stocks are higher in early trade following a U.S. tech stock rally overnight. Electronics and metals stocks are leading the gains. Keyence is up 4.1% and Fujikura is 5.1% higher. The dollar is at 161.94 yen, compared with Y161.84 as of Monday's Tokyo stock market close. Investors…
By Joseph De AvilaA federal judge has permanently blocked the Trump administration from withholding funds from a $16 billion rail tunnel project that would connect New York and New Jersey under the Hudson River.U.S. District Judge Jeannette Vargas, appointed by former President Joe Biden, on Monday…
Samsung Biologics Target Price Cut to KRW1,600,000 From KRW1,650,000 by Daiwa Capital >207940.SE
By Megumi FujikawaTOKYO--Japan's industrial production rose in May, though at a slower pace than expected, amid the continuing Middle East conflict and energy supply concerns.Industrial output increased 0.5% month-on-month, matching April's pace, according to government data released on Tuesday. A…
South Korea's Kospi Opens 0.3% Higher at 8416.70
By Alex Janin and Andrea PetersenEri Petherbridge, a psychology student in Boone, N.C., was going to therapy three times a week when her therapist suggested she start using an artificial-intelligence chatbot for support between sessions.After testing ChatGPT, she decided she wanted a bot that sound…
By Oyin AdedoyinChris and Carolyn McAuliffe are in their 60s but don't expect to retire anytime soon. They're still paying off their student-loan debt, which has ballooned to a half-million dollars."I regret going to college," said Chris, an engineer for a health insurance company.When they earned…
Nikkei Stock Average Opens 0.9% Higher at 70085.60, Led by Machinery, Metals Stocks
The almost certain withdrawal of the CSL-marketed Tavneos therapy in Europe only adds to Macquarie's caution toward the Australian biotechnology company. An analyst at the investment bank tells clients in a note that a European Commission ruling on the treatment appears to be a formality, and trims…
Japan Cos Forecast Jul Indus Output 0.0% on Month
Japan Cos Forecast Jun Indus Output +3.7% on Month
Japan May Inventories -0.6% on Month
Japan May Indus Output +0.5% on Month; Mkt Expected +1.1%
Japan May Inventory-Shipments Ratio +1.8% on Month
Japan May Shipments +0.6% on Month
By Elias SchisgallBMO Financial Group agreed to acquire Euroz Hartleys Group's Australia-based capital-markets business.The Montreal bank said Euroz Hartleys Group's private-wealth business would enter into a strategic alliance agreement with BMO as an independent entity to maintain its relationshi…
Oil falls in early Asian trade on possible position adjustments. U.S. President Trump said on social media Monday that Iran had requested a meeting and that the meeting would take place in Doha on Tuesday. However, oil-price losses may be limited by lingering worries over sustainability of oil tran…
1945 ET - Japanese stocks may rise following a rally in U.S. tech shares overnight. Nikkei futures are up 1.2% at 70520 on the SGX. The dollar is at 161.92 yen, compared with Y161.84 as of Monday's Tokyo stock market close. Investors are focusing on U.S.-Iran peace talks and any comments on the yen…
