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Asia-Pacific markets appeared set to trade mixed Thursday, with a slew of economic data from the region on tap, while investors also assess the U.S. Federal Reserve possibly delaying interest rate cuts. In Australia, the S&P/ASX 200 opened marginally higher, up 0.03%, as the nation's Judo Bank composite purchasing managers' index for February showed a return to growth, at 51.8. The monthly index is a leading indicator for business activity in Australia's manufacturing sector. Futures for Hong Kong's Hang Seng index stood at 16,447, pointing to a weaker start compared with the HSI's close of 16,503.1Japan's Nikkei 225 was set to rise as investors awaited the release of Japan's Jibun Bank flash purchasing managers' index. Nikkei futures contract in Chicago was at 38,745 and its counterpart in Osaka was at 38,410 against the index's last close of 38,262.16The Bank of Korea is slated to announce its interest rate decision later, with economists polled by Reuters expecting the bank to hold rates at 3.50%.
Organizations: U.S . Federal, nation's Judo Bank, Futures, Nikkei, Japan's, of, Reuters Locations: Asia, Pacific, Australia, Chicago, Osaka, of Korea
Asia-Pacific markets are set to fall Wednesday, tracking Wall Street losses. Japan's Nikkei 225 is set to fall as investors assess the country's trade data and souring business sentiment among large Japanese manufacturers. The Nikkei futures contract in Chicago was at 38,260 and its counterpart in Osaka was at 38,280 against the index's last close of 38,363.61. Japanese manufacturers' business confidence soured in February, tumbling to -1 compared to the previous month's reading of 6, according to the Reuters Tankan poll. The Reuters monthly poll is considered to be a leading indicator of the Bank of Japan's official survey.
Organizations: Nikkei, Reuters, Bank of Japan's Locations: Asia, Pacific, Australia, Chicago, Osaka, Japan, Germany
Emery Bowles quit his job in the US and moved to Japan to teach English in 2008. Bowles found life in Japan safe and beautiful, despite language barriers and cultural differences. He and his wife plan to keep moving between Japan and the US to expose their son to both cultures. My wife was wary at first about leaving Japan, but the job paid better than teaching, so she got on board. While I love both places, the quality of life is better in Japan.
Persons: Emery Bowles, Bowles, , that’s, I’ve Organizations: Service, Google Locations: Japan, Asia, Europe, Wakayama, Osaka, America, Georgia, Iwakuni, Tokyo
Asia-Pacific markets were set to rise Friday, tracking Wall Street gains, with the S&P 500 notching a fresh record high. Japan's Nikkei 225 is set to extend gains, a day after the country lost its spot as the fourth-largest economy to Germany and entered into a technical recession. Nikkei futures contract in Chicago were at 38,625 and its counterpart in Osaka at 38,650 against the index's last close of 38,157.94Economic slowdown has raised hopes Japan may stick with its ultra-loose monetary policy for longer. Mainland China markets remain closed for the Chinese New Year holidays. Investors await Singapore 2024 budget, slated to be released later in the day.
Organizations: Nikkei, Investors Locations: Asia, Pacific, Australia, Germany, Chicago, Osaka, Japan, Mainland China, Singapore
A woman rides her bicycle with the Marina Bay Sands hotel and high-rise buildings in the background in Singapore on Sept. 4, 2023. Roslan Rahman | AFP | Getty ImagesAsia-Pacific markets were set to rebound after mostly falling on Wednesday after hotter-than-expected U.S. inflation data stoked concerns the Federal Reserve might keep interest rates higher for longer. On Thursday, investors will also assess gross domestic product reading from Japan and Singapore, as well as trade numbers from South Korea. Should the index match the futures level, it would be less than 1,000 points from its all-time high of 38,915.87 hit on Dec. 29, 1989. Futures for Hong Kong's Hang Seng index stood at 15,931, pointing to a stronger open compared with the HSI's close of 15,879.38.
Persons: Roslan Rahman Organizations: AFP, Getty, Reserve, Japan's Nikkei Locations: Sands, Singapore, Asia, Pacific, Japan, South Korea, Chicago, Osaka, Australia
1 Naomi Osaka has reached her first quarterfinal in almost two years, after her opponent Lesia Tsurenko withdrew with an elbow injury at the Qatar Open. Osaka, who is currently ranked No.747, is the second lowest-ranked woman to reach a WTA 1000 quarterfinal, according to the WTA. Osaka has reflected on how becoming a mother has affected her attitude towards tennis, saying "It feels like I'm starting new." Robert Prange/Getty ImagesThis will be Osaka’s WTA Tour quarterfinal since she reached the Miami Open final in March of 2022, where she lost out to Iga Swiatek. “So just knowing like, I don’t have time to spend on distractions, or just things that aren’t worth my time.”“It feels like I’m starting new.
Persons: Naomi Osaka, Lesia Tsurenko, Osaka, Cordea, , Caroline Garcia, Petra ­, Robert Prange, CNN’s Becky Anderson, I’m, Karolina Pliskova Organizations: CNN, Former, Qatar, WTA, Miami, Locations: Osaka, Iga, , ” Osaka
Asia-Pacific markets were set to track Wall Street losses after U.S. January inflation came in hotter than expected, with the consumer price index climbing 3.1% on a 12-month basis and 0.3% for the month. Economists polled by Dow Jones expected the CPI to have increased by 0.2% month over month in January and 2.9% on an annual basis. Core prices, which exclude volatile food and energy components, rose 0.4% month over month and 3.9% from a year ago. Core CPI was expected to have increased 0.3% in January and 3.7% from a year earlier, respectively. Japan's Nikkei 225 was also set to retreat from 34-year highs, with the futures contract in Chicago at 37,715 and its counterpart in Osaka at 37,670 against the index's last close of 37,963.97.
Persons: Dow Jones, Masato Kanda Organizations: U.S, CPI, Nikkei, Reuters, Stock Locations: Asia, Pacific, Australia, Chicago, Osaka
NEW YORK (AP) — David Bouley, the award-winning and frenetic chef whose idiosyncratic haute cuisine and crusty breads pleased critics and the public during a career chasing sleek deliciousness, has died. Bouley died of a heart attack Monday at his home in Kent, Connecticut, according to Lisa Queen, his literary agent. Other restaurants he worked in include Danube, Bouley Bakery, Upstairs at Bouley, Bouley at Home, Secession and Brushstroke, a collaborative effort with the Tsuji Culinary Institute in Osaka, Japan. Danube and Bouley Bakery each earned two Michelin stars. The restaurant Bouley — which famously had a foyer filled with apples — closed in 2017 after 30 years and several location changes, earning a three-star from the New York Times the year previously.
Persons: — David Bouley, Bouley, Lisa Queen, Daniel Boulud, Alain Ducasse, Jean, Georges Vongerichten, , ” Bouley, Roger Vergé, Paul Bocuse, Joel Robuchon, Gaston Lenôtre, Frédy, Le Périgord, The New York Times —, Brushstroke, Dan Barber, Eric Ripert, Christina Tosi, César Ramirez, Amy Scherber, Alex Ureña, Anita Lo, Galen Zamarra, Kurt Gutenbrunner, Brian Bistrong, Bill Yosses, James Beard, Nicole Bartelme, ___ Mark Kennedy Organizations: Wine Spectator, Beaujolais, New York Times, Sorbonne, Basque, The New York Times, Tsuji Culinary, Michelin, James, James Beard Foundation Locations: Kent , Connecticut, American, Storrs , Connecticut, Cape Cod , Massachusetts, Santa Fe , New Mexico, France, Switzerland, Le, La, Tribeca, Manhattan, Osaka, Japan, America
I wanted to transfer to fashion school, but I missed the application deadline. I had been fascinated with Japan for a long time, especially its Harajuku fashion, which is really colorful and artistic. After years of being depressed and dressing up in all black, Harajuku fashion became a way for me to express my joy. AdvertisementCaiazzo felt that Harajuku fashion allowed her to express her happiness. Two years later, I enrolled into fashion school, which was a different wild ride.
Persons: , Arianna Caiazzo, Caiazzo, She's, Ariana Caiazzo Organizations: Service, Arcadia University, Business, Autism Locations: Japan, English, Pennsylvania, Tokyo, New Jersey, Osaka
A butcher (L) shows a piece of pork to a customer at a market in Beijing on July 10, 2019. NICOLAS ASFOURI | AFP | Getty ImagesAsia-Pacific markets are set to rise as investors look toward China's inflation figures for and the Reserve Bank of India's rate decision. China's consumer price index for January is expected to fall 0.5% year-on-year, while the Reserve Bank of India is forecast to hold rates at 6.5%. Japan's Nikkei 225 is also set to rise, with the futures contract in Chicago at 36,375 and its counterpart in Osaka at 36,280 against the index's last close of 36,119.92. However, futures for Hong Kong's Hang Seng index stood at 16,024, pointing to a weaker open compared with the HSI's last close of 16,081.89.
Persons: NICOLAS ASFOURI Organizations: AFP, Getty, Reserve Bank, Reserve Bank of, Nikkei Locations: Beijing, Asia, Pacific, Reserve Bank of India, Australia, Chicago, Osaka
Jade Gao | Afp | Getty ImagesAsia-Pacific stocks were set for a mixed open as they kickstart a holiday-shortened trading week for some markets. Investors will watch out for key central bank decisions this week, especially from the Reserve Bank of Australia on Tuesday and the Reserve Bank of India on Thursday. On Monday, private surveys on service sector activity will be released from China and Hong Kong. Hong Kong's Hang Seng index is also set to fall, with futures at 15,412 compared to the HSI's close of 15,533.56. China, Taiwan, South Korea, Singapore, and Hong Kong will all see shortened trading weeks as the Lunar New Year approaches.
Persons: Jade Gao, Hong Organizations: Central Business District, Afp, Getty, Investors, Reserve Bank of Australia, Reserve Bank of India, Nikkei Locations: Beijing, Asia, Pacific, China, Hong Kong, Singapore, Thailand, Australia, Chicago, Osaka, Taiwan, South Korea
The dim sum capital of the worldLegacy House: Legacy House's fantastic dim sum set includes steamed spotted garoupa dumplings with salted lemon. Courtesy Legacy House Forum: This three-Michelin-star restaurant, which serves classic Cantonese dim sum dishes, is famed for its impeccable attention to detail. Tai Wai Dining Room Veggie Kingdom: Veggie Kingdom serves high-quality meat-free versions of classic dim sum dishes. Maggie Wong/CNN Spring Moon: In addition to serving delicious, classic dim sum dishes, Spring Moon's cinematic interior is an attraction in its own right. Courtesy Peninsula Hong Kong Hong Kong’s best dim sum Prev NextThis is our essential guide to Hong Kong’s best dim sum: Where to find it and how to eat it, from classic no-frills joints to Michelin-starred adventures.
Persons: Cabo San Juan del Guía, , , Heen, King Heen, Nicholas Wong, Maggie Wong, Emperor, Fook Lam, Hong Kong Hong, Hong, they’ve, Amelia Earhart’s Organizations: CNN, d’Argent, JetBlue, Japan, Port, Royal, Carnival Corporation, MSC Cruise, Cunard Cruise, CDC, Hong Kong, Hong, Golden Valley, Son Locations: Rio, Sarakiniko, Greece, Baltic, Danish, Bornholm, Cabo San Juan, Seychelles, Tokyo, Kyoto, Osaka, Hiroshima prefecture, Tomonoura, Port of Miami, Hong, Hong Kong, Veggie, Golden, Spain
Tom Fay moved from a small village in North Wales to Osaka in 2007 having never visited Japan. Looking back, I've found a few surprising things living in Japan for nearly two decades. Living in Japan has broadened my palette for seafood and local seasonal vegetables, which are readily available. AdvertisementCity living and countryside living are very differentI wish I'd moved to the countryside even sooner. I could see myself living in Japan forever, but part of me would like to move back to the UK.
Persons: Tom Fay, , It's, I've, I'd, Summers, you've, I'm Organizations: Service, University of Manchester Locations: North Wales, Osaka, Japan, British, Kyoto
A public screen displays stock figures in Shanghai, China, on Monday, Oct. 10, 2022. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets are set to fall ahead of the rate decision from the U.S. Federal Reserve and a slew of economic data from across the region, including China and Australia. Australia will release its inflation numbers for December and the fourth quarter, while China will announce its official purchasing managers index figures for January. Japan's Nikkei 225 is also set to fall, with the futures contract in Chicago at 35,785 and its counterpart in Osaka at 35,930 against the index's last close of 36,065.86. Futures for Hong Kong's Hang Seng index stood at 15,702, pointing to a similar open compared with the HSI's close of 15,703.45.
Organizations: Bloomberg, Getty, U.S . Federal Reserve, Nikkei Locations: Shanghai, China, Asia, Pacific, Australia, Japan, South Korea, Chicago, Osaka
CNN —At next year’s World Expo, a grand carnival showcasing different nations’ achievements, the US is planning something unusually quiet. Courtesy Trahan ArchitectsWorld Expos, or World’s Fairs as some are known, have celebrated some of the major inventions of their time, including stereoscopic photography, vulcanized rubber, the zipper, the internal combustion engine and IMAX. Courtesy Trahan ArchitectsTrahan’s design features an elongated outdoor space sandwiched between two triangular buildings. Courtesy Trahan ArchitectsBut as well as representing American interests overseas, the pavilion design also draws on the nature, culture and history of the Expo’s host country. Expo 2025, which marks the second time Osaka has hosted the event, is expected to welcome almost 30 million visitors.
Persons: , Trey Trahan, Thomas Edison, Nikola Tesla, George Westinghouse, Rahm Emanuel, Biden, Donald Trump, Trahan, “ wabi Organizations: CNN, Fairs, Trahan Architects, Architects World Expos, Chicago World’s, Expos, US State Department, ES Global, Imagination, Trahan Locations: Osaka, Japan, Tokyo, Chicago, Seattle, Philadelphia, Paris, , Los Angeles, New York, New Orleans, United States
Yuichi Yamazaki | Afp | Getty ImagesAsia-Pacific markets are set to rise on Tuesday, with the exception of Hong Kong, as investors continue to grapple with the fallout from Evergrande's liquidation order. A Hong Kong court ruled to liquidate the firm, which was once considered one of China's largest real estate firms. This comes as Japan's unemployment rate in December fell to 2.4%, lower than 2.5% in the month before and slightly below expectations. Economists polled by Reuters expected the unemployment rate to stay unchanged at 2.5%. In Australia, the S&P/ASX 200 started the day up 0.46%, on pace for a seventh straight day of gains.
Persons: Yuichi Yamazaki Organizations: Afp, Getty, Hong, Futures, Nikkei, Reuters Locations: Tokyo, Asia, Pacific, Hong Kong, Chicago, Osaka, Australia
Starbucks is massively expanding its rollout of Oleato, its olive oil-infused coffee range. AdvertisementStarbucks is rolling out Oleato, its olive oil-infused coffee range, to all stores in the US despite mixed reviews. They're also available at some Starbucks stores in Canada, London, Paris, Osaka, and Tokyo, as well as a more extensive range at US Starbucks Reserve stores. Starbucks founder Howard Schultz introduced the range after mixing olive oil with his Starbucks coffee in Sicily, where the oil is a key component of the Mediterranean diet. A nutritionist told CNN that combining a high-fat substance, like olive oil, with coffee can have a laxative effect.
Persons: , They're, Howard Schultz, Schultz, TikToker, Phoebe Hunt, barista, they're Organizations: Starbucks, Service, Starbucks Reserve, Wall Street, CNN, Business Locations: Italy, Canada, London, Paris, Osaka, Tokyo, Sicily
Tokyo CNN —Three foreign-born residents in Japan are suing the country’s government over alleged racial profiling, highlighting an ongoing debate about Japanese identity and nationality. The three plaintiffs, all residents of Tokyo, filed the lawsuit in the Tokyo National Court and held a news conference with their lawyers on Monday, according to public broadcaster NHK. One plaintiff came to Japan from India after marrying his wife, and has lived there for more than 20 years, NHK reported. Since then, he has been repeatedly stopped and questioned by police officers on the street, sometimes twice a day. The third plaintiff is an American-born man who said he hoped to raise awareness of the issue among the Japanese population, according to Reuters.
Persons: , , Philip Fong, Nissin, Naomi Osaka –, Karolina Shiino Organizations: Tokyo CNN —, Tokyo National Court, NHK, Aichi, Reuters, Court, Getty, CNN, Pew Locations: Japan, Tokyo, India, Pakistani, American, AFP, Aichi, Nagoya
Simon Celestine arrived at Odawara castle as a tourist from France but he is now lord of one of the most impressive feudal-era fortresses in Japan – if only for a day. Odawara Tourism AssociationOdawara has been selected as one of the first recipients of government assistance to tell its story and local tourism authorities have been busy devising initiatives that play on its strengths. Five generations of the Hojo clan made Odawara castle one of the most formidable in the country and it was never successfully stormed in battle. Odawara Tourism AssociationThe innermost courtyard is across another bridge over a moat, up a flight of steep steps and through a gate set into a two-meter-thick wall. The “Lord of the Castle” experience can be booked through the official Odawara Tourism Association website.
Persons: Simon Celestine, Hojo, Naoya Asao, ” Celestine, , Toyotomi Hideyoshi, Hideyoshi, Meiji, Celestine, Tomomi Iwayama, Iwayama, sashimi Organizations: CNN, Japan CNN, Odawara Tourism, Odawara, Odawara Tourism Association, CNN Travel Locations: Odawara, Japan, France, Tokyo, Kyoto, Osaka, Hakone, Izu, Sagami Bay, Mount Fuji, Edo, Kanto
For the first time, a study showed how the cosmic rays are accelerated to near the speed of light. AdvertisementA small black hole is helping scientists understand how mysterious cosmic rays can barrel through the universe and hit Earth at nearly the speed of light. High-energy cosmic rays are constantly raining down on us from space, but scientists don't know that much about them. Speedy cosmic rays come from black holes and exploding starsOur planet is swimming in a sea of cosmic rays. But a nearby cosmic object called SS 433 provided a rare opportunity to peer into cosmic rays in unprecedented detail.
Persons: , Laura Olivera, Nieto, it's, It's, Olivera Organizations: Jets, Service, Kernphysik, OSAKA METROPOLITAN UNIVERSITY, KYOTO UNIVERSITY, SS, NASA, Science Locations: Heidelberg, OSAKA, Manatee
Learn moreThe women's Australian Open final is beginning soon, and we can show you how to watch a free Sabalenka vs. Zheng live stream online anywhere in the world. How to watch free Sabalenka vs. Zheng live stream from anywhereIf you want access to the free Sabalenka vs. Zheng live stream of the Australian Open final, there's an excellent option direct from the source on the free Australian 9Now streaming service. Watch the Sabalenka vs. Zheng live stream. How to watch Sabalenka vs. Zheng in the USAESPN has the rights to live stream all of the Australian Open in the USA. How to watch Sabalenka vs. Zheng in the UKYou'll find the Australian Open live streams on Eurosport in the UK.
Persons: Zheng, We've, Iga Swiatek, Emma Raducanu, Naomi Osaka, Coco Gauff, Qinwen Zheng, she's, there's, It's, we've, ExpressVPN, There's Organizations: ESPN, Six Nations, Australian, USA ESPN, Hulu, Disney Plus, Eurosport, Amazon Prime Locations: Australia, Canada, Belarus, USA
TOKYO (AP) — Crowned Miss Japan this week, Ukrainian-born Karolina Shiino cried with joy, thankful for the recognition of her identity as Japanese. But her Caucasian look rekindled an old question in a country where many people value homogeneity and conformity: What does it mean to be Japanese? Shiino has lived in Japan since moving here at age 5 and became a naturalized citizen in 2022. But her crowning triggered a debate over whether she should represent Japan. Others said there was no problem with Shiino's crowning because her Japanese citizenship makes her Japanese.
Persons: Karolina Shiino, Shiino, ” Shiino, I’ve, , Chiaki Horan, “ I've, , Ariana Miyamoto, Naomi Osaka, Ayaka McGill Organizations: TOKYO, Miss, Miss Universe, Tokyo Games, AP Locations: Japan, Ukrainian, Miss Japan, Nagasaki, African American
The U.S.' personal consumption expenditures price index, excluding food and energy, climbed 2% in the final quarter of 2023, while headline inflation rose 1.7%. Japan's Nikkei 225 was set to fall ahead of its January inflation reading from Tokyo — widely considered to be a leading indicator for nationwide inflation. The Nikkei futures contract in Chicago was at 36,000, and its counterpart in Osaka at 36,050, against the index's last close of 36,236.47. Investors will also be watching out for minutes of the Bank of Japan's final meeting of 2023. Separately, futures for Hong Kong's Hang Seng index stood at 16,079, pointing to a weaker open compared with the HSI's close of 16,211.96.
Persons: Dow Jones Organizations: Bloomberg, Getty, Gross, U.S, Nikkei, Bank of Japan's Locations: Minato, Tokyo, Japan, Asia, Pacific, U.S, Australia, Chicago, Osaka
Panasonic puts productivity boost ahead of new EV plant in U.S.
  + stars: | 2024-01-22 | by ( ) www.cnbc.com   time to read: +3 min
The Panasonic Energy Co. headquarters in Moriguchi, Osaka Prefecture, Japan, on Thursday, Jan. 11, 2024. The battery unit, Panasonic Energy, had previously said it aimed to decide on building the factory by the end of March. Panasonic Energy has a plant in Nevada and has broken ground on a second one in Kansas. The unit expects the Kansas plant to take its annual auto battery capacity to 80 gigawatt hours, or GWh, a year. Given the human resources requirements of a new plant, Kusumi said it was generally better to have fewer production sites.
Persons: Kentaro Takahashi, Yuki Kusumi, Kusumi Organizations: Panasonic Energy Co, Panasonic, EV, Bloomberg, Getty, Panasonic Energy, EVs, General Motors, Ford, U.S Locations: Moriguchi, Osaka Prefecture, Japan, North America, Tokyo, United States, Nevada, Kansas, Oklahoma, Europe
An US giant Amazon employee passes by its logo on the opening day of the new distribution center in Augny, eastern France, on September 23, 2021. (Photo by SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images)Amazon Web Services, or AWS, said on Friday it plans to invest 2.26 trillion yen ($15.24 billion) in Japan by 2027 to expand cloud computing infrastructure that serves as a backbone for artificial technology, or AI, services. The Amazon.com unit is spending to expand facilities in the metropolises of Tokyo and Osaka to meet growing customer demand, it said in a statement.
Persons: SEBASTIEN BOZON Organizations: Amazon, Getty, Web Services Locations: Augny, France, AFP, Japan, Tokyo, Osaka
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