Investors will be looking out for any official announcement of a merger between Japanese automakers Honda Motor and Nissan Motor.
Sentiment in Asia was boosted following a cooler-than-expected inflation reading that 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. They are expected to hold a press conference Monday afternoon, according to a Google translation of the report in Japanese.
, 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.Moreno ValleyDuring college, her side hustle brought in over $1 million—but her mom wouldn't let her drop out of school
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Could a Honda-Nissan Merger Save Japan's Auto Industry?Nissan and Honda are reportedly in talks to merge, a move that could drastically reshape the Japanese auto industry. The news comes as Nissan struggles with declining sales and profits, while Honda remains more profitable. This article explores the potential implications of such a merger for both companies and the wider auto sector.
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