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Hello from Tokyo. Thanks to the global popularity of South Korean entertainment exports such as BTS, "Squid Game" and more, everyone knows about K-pop and K-dramas. The K-wave phenomenon underscores South Korea's status as one of Asia's biggest soft powers.
(Reuters) -- Woodside Energy is selling a 15.1% stake in its Scarborough project to Japan's JERA for about $1.4 billion, marking the Australian gas producer's second stake sale to a Japanese liquefied natural gas (LNG) buyer in six months.
TOKYO -- The Nikkei Stock Average recorded an all-time high after 34 years on Thursday, with stock prices of 142 companies having increased more than tenfold in that time -- supported more recently by foreign investors cashing in on small businesses and betting on company founders with outsize ambitions.
TOKYO -- Australian financial services company Macquarie Group sees opportunities to help Japanese companies spin off assets to improve efficiency, Asia CEO Verena Lim said.
TOKYO -- While the U.S. has ramped up restrictions on cutting-edge chip exports to China, it has "no interest in expanding them further to mature chips or legacy chips," the U.S. assistant secretary of commerce for export administration told Nikkei.
TOKYO -- Japan's benchmark Nikkei Stock Average on Thursday closed above its all-time high set in December 1989, just before the country's economic bubble burst.
TOKYO -- The market rejoiced as the Nikkei Stock Average surpassed Thursday the all-time high it had reached at the height of Japan's asset bubble in December 1989.
TOKYO -- Chipmaking equipment manufacturer Tokyo Electron on Thursday became Japan's third-most valuable company in terms of market capitalization, besting such mainstays as Sony Group, thanks to the buzz surrounding Nvidia and artificial intelligence.