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WASHINGTON -- The U.S. Indo-Pacific Command has requested an additional $11 billion in funding for fiscal 2025, with priorities including defense systems in Guam to counter Chinese missiles, Nikkei has learned.
Shares of South Korean heavyweight Samsung Electronics soared more than 5% Wednesday after reports of interest from chip giant Nvidia.
TOKYO -- The Bank of Japan is poised to decide to end its yield curve control and purchases of risk assets as well as call time on negative interest rates Tuesday, Nikkei has learned, making the biggest change in Japanese monetary policy in nearly two decades.
TOKYO -- Japanese chemical and fiber manufacturer Toray Industries is developing a new technology that can recover more than 80% of lithium from used lithium-ion batteries, with the aim of commercialization by March 2028, Nikkei has learned.
TOKYO -- Japanese stocks rose sharply on Monday as expectations built for the Bank of Japan to shed its negative interest rate policy.
BANGKOK -- Thailand's government should "compromise" with the military amid its ongoing involvement in politics, Thai Defense Minister Sutin Klungsang said, suggesting that avoiding conflict over its role will be a priority for Prime Minister Srettha Thavisin's administration.
TOKYO -- Last week's paradigm shift -- big Japanese corporations promising record pay raises -- has lifted hopes that the country's ever-cautious employers have finally stopped economizing on salaries. The new dynamic came after three decades of low inflation and nominal wage growth, and days before a Bank of Japan policy meeting at which a possible overhaul is now firmly on the table.
This is CNBC's live blog covering Asia-Pacific markets.