Japan’s Nikkei jumps to new peak in extended rally after Sanae Takaichi’s party secures election victory; London-listed oil giant BP suspends share buyback ... 9.45am GMT ... 1.30pm GMT. US Retail sales for December. 2.45pm GMT.
Taiwan Semiconductor Manufacturing’s 3-nanometer technology represents a major leap for Japan, which doesn’t have capacity to mass produce advanced chips essential for artificial intelligence ... .
The decision by TSMC, the world’s largest contract chip maker, was a coup for Prime MinisterSanae Takaichi ahead of a general election on Sunday, where she hopes to secure the public’s mandate for her policies riding on high approval ratings ... ___.
Japan’s long-term government bond yields surged to multi-year highs Tuesday, spurred by fears that an upcoming election could lead to a consumption-tax rate cut that might worsen the country’s public finances ... .
Japanese stocks hit a record intraday high on a local media report that Prime MinisterSanae Takaichi was considering dissolving the lower house later this month, which would likely lead to a general election in February ... .