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…
China cenbank conducts medium-term loan operation, leaves rate unchanged
SHANGHAI (Reuters) – China’s central bank conducted a medium-term loan operation on Wednesday while keeping the interest rate unchanged. The People’s Bank of China (PBOC) issued 300 billion yuan ($41.10 billion) worth of one-year medium-term lending facility (MLF) loans to…
BOJ’s Ueda expects further progress in hitting price target next year
By Leika Kihara TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank expects the economy to move closer to sustainably achieving its 2% inflation target next year, suggesting the timing of its next interest…