Page 35 - Christopher Cushing News Today

TOKYO (Reuters) -Japan's industry ministry said on Tuesday it would extend subsidies worth as much as 242.9 billion yen ($1.64 billion) for Bain Capital-backed Kioxia and Western Digital to expand memory chip production in Mie and Iwate prefectures. The funding provides underpinning for the two companies, which have been hammered by a slump in the market for NAND flash chips and whose merger talks stalled late last year following opposition from Kioxia investor SK Hynix. Japan's powe...

TOKYO (Reuters) - Japans real wages fell for a 21st straight month though at a slower pace, while household spending dropped for a tenth consecutive month, showing that inflation outpaced wage recovery and continued to weigh on consumer spendin

TOKYO (Reuters) -Nintendo on Tuesday raised its full-year Switch sales forecast to 15.5 million units from 15 million units previously, as the company squeezed sales out of the aging console over the year-end shopping season. With the hybrid home-portable Switch nearing its eighth year on the market, expectations are rising that Nintendo will release new hardware this year. "We want to maintain the momentum of the Switch business," Nintendo President Shuntaro Furukawa told an earnin...

Around 16,000 livestock remained in limbo aboard an export ship at an Australian port on Friday, having set sail for Israel exactly four weeks ago only to abandon a passage through the Red Sea and...

Tesla China is offering 8,000 yuan of cash discounts from Thursday for some types of Model Y vehicles, it said on its official social media account. ... -February 31, 2024 at 09:54 pm EST - MarketScreener

Chinas fiscal revenue rose 6.4% in 2023 from a year earlier, picking up significantly from a 0.6% increase in COVID-hit 2022, Chinas Vice Finance Minister Wang Dongwei told a press conference in... -February 31, 2024 at 09:44 pm EST - MarketScreener

Roche said on Thursday that 2024 would see a return to sales growth as it is overcoming a slump in demand for its COVID-19 products and the sales decline of a trio of established cancer drugs is...

Chinas fiscal revenue rose 6.4% in 2023 from a year earlier, easing from a 7.9% increase in the January-November period, deputy finance minister Wang Dongwei said at a press conference on Thursday. ... -February 31, 2024 at 09:05 pm EST - MarketScreener

Bank of Korea Governor Rhee Chang-yong on Thursday said the banks pivot to interest rate cuts can potentially be delayed should the U.S. Federal Reserve delay its schedule on monetary policy easing... -February 31, 2024 at 09:08 pm EST - MarketScreener

Three people died and nine were injured after an under-construction hangar collapsed at Boise Airport, Idaho, the Boise city fire department said on Wednesday.... -February 01, 2024 at 12:21 am EST - MarketScreener