TOKYO -- Japanese Prime Minister Sanae Takaichi is set to meet with U.S. President Donald Trump at the White House on Thursday, and the world is watching what she will tell the world's most unpredictable leader.
Nikkei 500 Stock Average to add Kokusai Electric and seven others
TOKYO -- Nikkei will replace eight constituents of the Nikkei 500 Stock Average as part of its regular review, with the changes taking effect on April 1.
The reshuffle will add companies including Kokusai Electric and Rakuten Bank, while removing companies such as Toho Titanium and Sumitomo Osaka Cement. The annual review is based on trading volume, trading value and market capitalization over the past three years.
The changes also reflect the shift to a holding company structure by Hino Motors and Aiful. Hino Motors will be excluded following the
Mitsubishi Electric to sell 50% stake in auto parts unit to Foxconn
TOKYO -- Mitsubishi Electric has decided to accept an investment from Taiwan's Hon Hai Precision Industry, or Foxconn, in its automotive parts subsidiary, sources told Nikkei. The aim is to enhance its market edge given Foxconn's strong price competitiveness.
Hong Kong broker Bright Smart soars as Ant Group nears takeover
SHANGHAI -- Shares of Hong Kong brokerage Bright Smart Securities jumped more than 80% at one point on Tuesday, after it disclosed that it is set to be acquired by financial technology giant Ant Group at the end of this month.
Japan, US to agree to jointly develop rare earths at summit
TOKYO -- The Japanese and U.S. governments are set to agree on the joint development of rare earths, lithium and copper at a summit meeting to be held in Washington on Thursday, Nikkei has learned.
Japan's real exchange rate slide isn't the crisis headlines claim
Stefan Angrick is a senior economist and associate director with Moody's Analytics in Tokyo.
China prepares for AI-powered economy in new 5-year plan
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Welcome to the Tech Latest podcast. Every Tuesday, our tech experts Katey Creel and Shotaro Tani deliver the hottest trends and news from the sector.
In this episode, Shotaro speaks with Shanghai correspondent Wataru Suzuki about the growing role of AI and other tech in China's new five-year plan.
Check out this episode's featured story:
-- China lays out tech spending boost, soft growth goals in five-year
Japan's Yamaha extends repertoire with new business strategy
YOKOHAMA, Japan -- Inside Yokohama's Red Brick Warehouse -- a historic building that marks the flow of trade through the port city to Tokyo after Japan opened its market to the world in the 19th century -- a global exchange of 21st-century sounds and music was playing out last month.
Hong Kong broker Bright Smart soars 80% as Ant Group nears takeover
SHANGHAI -- Shares of Hong Kong brokerage Bright Smart Securities jumped more than 80% at one point on Tuesday, after it disclosed that it is set to be acquired by financial technology giant Ant Group at the end of this month.
Australian central bank hikes rates amid geopolitical uncertainty
CANBERRA -- The Reserve Bank of Australia's board on Tuesday decided to hike the interest rate by 25 basis points from 3.85% to 4.10%, amid fears the oil price surge caused by the U.S.-Israel war with Iran will further add to inflation expectations and make taming price rises more difficult.