China revises up 2023 GDP to $17.73 trillion
BEIJING (Reuters) – China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing. China’s…
China to build world’s largest hydropower dam in Tibet
BEIJING (Reuters) – China has approved the construction of what will be the world’s largest hydropower dam, kicking off an ambitious project on the eastern rim of the Tibetan plateau that could affect millions downstream in India and Bangladesh. The…
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…