SK Hynix Share Sale Prices at $149, Raises $26.5 Billion in U.S. Debut SK Hynix priced its U.S. share sale at $149, raising $26.5 billion in the largest-ever foreign offering; …
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Business
Uniqlo suppliers move production to Southeast Asia as China’s share drops
by Sato Asahiby Sato AsahiUniqlo suppliers shift production to Southeast Asia as China’s import share falls Uniqlo suppliers and other apparel manufacturers are increasingly shifting production to Vietnam, Indonesia and other Southeast Asian countries …
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Business
Japan share buybacks surge 34% to ¥16.2 trillion in January–May
by Sato Asahiby Sato AsahiJapan share buybacks surge 34% to ¥16.2tn as firms unwind cross-shareholdings Japan share buybacks jumped 34% to ¥16.2 trillion in Jan–May, a record for the period as companies repurchase cross-held …
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Politics
115 Japanese municipalities share foreign residents’ health insurance delinquencies with Immigration Bureau
by Sui Yuitoby Sui Yuito115 municipalities report foreign residents’ national health insurance arrears to immigration, risking residency denials Local governments are sharing data on foreign residents’ national health insurance arrears with the immigration bureau …
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Business
China Vanke approves new share issuance and loan package amid investor skepticism
by Sato Asahiby Sato AsahiChina Vanke shareholders approve new shares and loan arrangements amid doubts over state-led rescue China Vanke shareholders approved a new share issuance and loan arrangements, a move aimed at stabilizing …
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Business
Japanese Electronic Component Makers Lose 11-Point Share as Murata Shifts to Low-Cost
by Sato Asahiby Sato AsahiJapanese electronic component manufacturers lose 11 percentage points of global market share over 20 years Japanese electronic component manufacturers have lost 11 percentage points of global market share over the …
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Business
Foxconn forecasts AI server market share growth, April quarter to outperform
by Sato Asahiby Sato AsahiFoxconn Sees Strong April-Quarter Upswing as Foxconn AI Servers Demand Accelerates Foxconn forecasts April-quarter performance well above seasonal norms as Foxconn AI servers and computing-product sales surge, driven by sustained …
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Business
India and Russia sign defense pact to share bases, station 3,000 troops
by Sato Asahiby Sato AsahiIndia-Russia defense pact allows mutual base access and placement of up to 3,000 troops, deepening strategic ties India-Russia defense pact allows sharing of bases, ports and airfields and stationing of …
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Business
Daikin Faces Elliott Demand for Up to 1 Trillion Yen Share Buyback
by Sato Asahiby Sato AsahiDaikin Faces Activist Push as Elliott Seeks Up to ¥1 Trillion Share Buyback Elliott Management’s reported 3% stake in Daikin has prompted a demand for up to ¥1 trillion in …