Asia markets begin Christmas week higher; Nissan-Honda merger deal in focus

Investors will be looking out for any official announcement of a merger between Japanese automakers Honda Motor and Nissan Motor.

Asia markets climbed after a U.S. government shutdown was averted and as a cooler-than-expected inflation reading helped lift U.S. markets Friday. Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakersMonday that the presidents of Honda, Nissan and Mitsubishi have informed Japan's industry ministry that they have entered into merger talks. They are expected to hold a press conference Monday afternoon, according to a Google translation of the report in Japanese.

How Gen X and millennials are changing the face of the traditional family office as they inherit over $80 trillion, the Fed's preferred inflation gauge, accelerated to 2.4% in November from 2.3% the previous month, but was still lower than the 2.5% estimate from Dow Jones.Storm Team 4

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Carlos Ghosn Claims Japan Forced Honda Into ‘Desperate’ Nissan Merger TalksThe former chairman of Nissan criticized the potential Honda merger, calling it a desperate move lacking industrial logic or practical synergy
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