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TOKYO -- Sales at Japan's specialty stores in fiscal 2023 reached a record high of 27.24 trillion yen ($188 billion), up 5.2% from the previous year, as the weak yen lifted foreign tourist demand for jewelry, clothing and other goods.
TAIPEI (Reuters) -- Taiwan's total defense budget is set to reach a new high of NT$647 billion ($19.74 billion) next year as the island seeks to boost defensive self-reliance and cooperation with democratic partners, President Lai Ching-te said on Tuesday.
TOKYO (AP) — More than 120 people died of heatstroke in the Tokyo metropolitan area in July, when the nation’s average temperature hit record highs and heat warnings were in effect much of the month, Japanese authorities said Tuesday.
TOKYO -- Kawasaki Heavy Industries on Tuesday maintained its bullish earnings forecast for the year to March, even as it grapples with a slush fund scandal tied to its submarine contracts for the Japan Self-Defense Forces.
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Lucid Group said on Monday its largest shareholder, Saudi Arabia's Public Investment Fund, will inject $1.5 billion in cash, as the electric vehicle maker looks to add new models to its product line.
NEW YORK (Reuters) -- U.S. stocks ended with steep losses on Monday, leaving the Nasdaq and S&P 500 down at least 3% each as the market extended last week's sell-off amid U.S. recession worries and as Apple shares fell sharply on news that a big investor had cut its stake.