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Japan's Nikkei share average fell sharply on Thursday to hit a seven-month low following a report that Toyota Motor plans to slash its global output by 40% next month due to chip shortages.
Japan's trade ministry on Friday denied its officials directed an adviser to contact Toshiba Corp shareholders as part of a plan to pressure them to support management in a key vote on board... | June 11, 2021
TOKYO — Japan’s trade ministry on Friday denied its officials directed an adviser to contact Toshiba Corp shareholders as part of a plan to pressure them to…
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4 Min Read April 19 (Reuters) - Life insurers in Japan and Taiwan are shunning Treasuries as benchmark yields languish around five-week lows. Japan’s Daido Life Insurance said it would consider buying 10-year Treasuries when yields rise to 2%, from around 1.56% currently, while a major Taiwanese insurer said it would buy when yields approach 1.75%. The benchmark yield rose as high as 1.776% at the end of March for the first time in 14 months, as investors bet that massive fiscal stimulus amid continued monetary easing in the United States would spark faster inflation than the Federal Reserv...