Asia stocks muted amid thin trading, Japan shares jump on record budget plans
Investing.com– Asian stocks were largely muted on Thursday as trading remained thin with major stock indexes shut for holidays, while Japanese shares climbed after a report showed Japan planning a record budget for the upcoming fiscal year. Stock markets in…
Japan’s Nippon Steel extends closing date for U.S. Steel acquisition
TOKYO (Reuters) – Japan’s Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company. The estimated closing date was…
Japan stocks higher at close of trade; Nikkei 225 up 1.39%
Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Shipbuilding, Automobiles & Parts and Chemical, Petroleum & Plastic sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 1.39%. The best…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.43%
Investing.com – Taiwan stocks were higher after the close on Thursday, as gains in the Information Services, Optoelectronic and Machinery sectors led shares higher. At the close in Taiwan, the Taiwan Weighted added 0.43%. The best performers of the session…
China approves value-added tax law, taking effect in 2026
BEIJING (Reuters) – China approved a value-added tax law on Wednesday to take effect on Jan. 1, 2026, the official Xinhua said, bringing into one document previous regulations that have included exempting items from the tax. VAT, the largest tax…
Japan government plans record $730 billion budget for next fiscal year, Jiji reports
TOKYO (Reuters) – Japan’s government is in final talks to compile a record over 115 trillion yen ($732 billion) general account budget for the fiscal year from April, Jiji news agency reported on Wednesday. The initial budget will likely exceed…