Recruit Holdings shares hit daily limit after guidance upgrade
Shares in Japan's Recruit Holdings surged to their daily trading limit after the company raised its earnings guidance, helping lift Tokyo stocks.
China, Japan and the rest of Asia — growth, policy and the export channel.
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Shares in Japan's Recruit Holdings surged to their daily trading limit after the company raised its earnings guidance, helping lift Tokyo stocks.
Japan recorded its first current account deficit in nearly a year and a half, while BOJ minutes showed policymakers discussed a faster pace of rate hikes and executives pressed for currency stability.
Chinese consumer price growth slowed in July while producer prices fell at a shallower pace, leaving the economy still short of durable pricing power.
Fast-fashion group Shein has found its experiment with Vietnamese warehousing fell short of expectations, reinforcing its reliance on Chinese logistics and manufacturing.
Apple has begun evaluating memory from China's CXMT after months of lobbying Washington for clearance, as a tightening DRAM market pushes PC makers toward Chinese suppliers.
The Chinese new-energy technology company is preparing a US listing seeking about $75 million.
Apple is evaluating DRAM from China's ChangXin Memory Technologies for use in iPhones and MacBooks as AI demand tightens global memory supply, according to a Wall Street Journal report.