Asia-Pacific markets start Christmas week increased; Nissan-Honda merger deal in focus
Investors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor.
Japan’s Honda and Nissan to reportedly start merger talks
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
Kioxia shares climb 10% on debut in Tokyo after $800 million IPO
The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455 yen apiece.
China retains benchmark lending charges regular as Fed indicators fewer cuts forward
China’s one-year loan prime rate remained unchanged at 3.1%, with the five-year LPR at 3.6%.
Right here’s what a blockbuster Nissan-Honda merger may imply for the auto business
Nissan and Honda are understood to be exploring a blockbuster merger as the two rival companies seek to stay competitive on the road to full electrification.
Nissan shares surge 20% after media studies on potential merger with Honda
In an aerial view, model new Honda vehicles are displayed on the gross sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Honda introduced the recall of 750,000 autos within the U.S. for an air bag…
Financial institution of Japan anticipated to maintain charges on maintain this week — World Head News survey
The central bank is expected to keep interest rates on hold this week, awaiting clarity on domestic trends and U.S. policy under Trump, a CNBC survey finds.
Espresso costs climb to close 50-year highs — and it could take years for the rally to expire of steam
Drought and high temperatures, alongside a global reliance on supplies from relatively few regions, are regarded as the key drivers for the dramatic price rise.
South Korea’s President Yoon impeached after failed try and impose martial legislation
The South Korean leader initially survived a first impeachment motion a week prior after allied lawmakers boycotted the vote.
China indicators readiness to fix ties with U.S. forward of Trump inauguration
Chinese president tries to avoid a trade war through negotiations with Trump team but concessions on key issues are unlikely, experts say.