Nvidia CEO Jensen Huang to attend APEC CEO Summit in South Korea
Nvidia CEO Jensen Huang is set to meet "global leaders and top Korean executives" during his attendance at the Asia-Pacific Economic Cooperation CEO S...
Some Japanese firms are voicing concern over U.S. trade policy uncertainty, fearing it may impact profits and production, the BOJ said. Despite a steady recovery across regions, global trade tensions continue to cast a shadow over Japan’s outlook.
Some Japanese firms are increasingly worried about the uncertainty surrounding U.S. trade policy, which they fear could affect their profits and production, the Bank of Japan (BOJ) said in a statement released on Monday. The remarks followed a quarterly meeting of the BOJ's regional branch managers.
In its latest report on regional economies, the BOJ maintained that all nine areas are either recovering or picking up moderately. Strong consumer spending—driven by robust demand for luxury goods and a continued influx of overseas tourists—has helped support the country’s economic momentum. Businesses also remain confident, with solid capital expenditure plans in place.
However, the central bank noted that “some firms voiced concern over the impact on output and profits” from the uncertain direction of U.S. trade policy, despite not explicitly mentioning recent tariff increases.
The report also highlighted a broadening trend of wage increases across various sectors, although smaller firms in some regions expressed hesitation about implementing further pay rises. Additionally, companies are passing on rising import costs at a moderate pace, with some considering further price hikes to cover increasing labour expenses.
The BOJ's report reflects both cautious optimism and lingering concerns over global trade volatility.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
In the first nine months of this year, 10.2 billion cubic metres of gas were produced from the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea, according to operational data released by the Ministry of Energy.
Apple’s latest smartphone, the iPhone Air, sold out within minutes of its launch in China on Friday, highlighting the brand’s enduring appeal among Chinese consumers despite growing competition from local Android makers.
Wall Street closed lower on Thursday as renewed concerns about regional banks and intensifying U.S.-China trade tensions weighed on investor sentiment, pulling major indexes off recent record highs.
Giorgio Armani's deputy managing director, Giuseppe Marsocci, is set to be appointed chief executive of the Italian fashion house, a source said on Thursday, confirming a local media report.
Tesla has told the Delaware Supreme Court that Elon Musk’s $56 billion pay package should have been restored last year through a shareholder vote, as the company appeals a lower court ruling that rescinded the CEO’s record compensation.
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