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OSAKA -- Hong Kong-based activist investor Oasis Management has built a 5.2% stake in troubled Japanese drugmaker Kobayashi Pharmaceutical, according to securities filings submitted Wednesday.
TOKYO -- Downward pressure on the yen is easing as more investors reverse their bets against the currency, expecting the gap between Japanese and U.S. interest rates to start narrowing later this year.
TOKYO -- Japan now has more than 3 million foreign residents for the first time, making up 2.66% of the total population, according to government data released on Wednesday.
BANGKOK -- Thailand's ruling party will push forward with its long-delayed digital wallet stimulus, opening registration for the 10,000 baht ($277) handout from Aug. 1, but has yet to set a rollout date for the scheme meant to improve the Thai economy's year-end prospects.
NEW YORK -- Both Democratic and Republican U.S. Senate candidates are increasing their criticism of China, at times using Beijing to attack opponents, as a core part of this year's campaign for control of the legislative chamber.
TOKYO -- Japanese truck maker Isuzu Motors will launch a new small truck in Japan that requires only a regular driver's license to drive, as Japan battles a severe labor shortage in the logistics industry, the company announced Wednesday.
NEW DELHI -- Yakult, a company that makes the eponymous probiotic health drink, is betting big on India, where it aims to increase bottle sales by 50% in the next few years with its latest mango flavor given the fruit's popularity in the South Asian country.
KUALA LUMPUR -- The Malaysian government will take comprehensive steps to address rising cybercrime on social media and messaging platforms, said Communications Minister Fahmi Fadzil.