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28.09.2024 1:42
Japan's downgrade of Myanmar ties casts shadow over businesses - Nikkei Asia BANGKOK/YANGON -- Japan will not be replacing its ambassador to Myanmar after he returned home Friday, a downgrade in bilateral ties that could affect Japanese businesses operating in the country.Ichiro Maruyama was appointed ambassador to Myanmar in 2018, long before the military takeover of 2021. With his departure, Shogo Yoshitake, who was the second-ranked diplomat at the embassy in Yangon, becomes Japan's charge d'affaires ad interim in the country.

28.09.2024 1:42
Volkswagen cuts 2024 outlook as car demand falters Volkswagencut its annual outlook for the second time in less than three months on Friday,citinga weaker-than-expected performance at its passenger car division as pressure on Europe's top automaker continues to rise.

28.09.2024 2:59
Japan Tobacco still on the hunt for M&As after Vector deal, CFO says - Nikkei Asia TOKYO -- Japan Tobacco will not hesitate to pursue new merger and acquisition deals after it acquires Liggett Group parent Vector Group, the fourth-largest cigarette company in the U.S., JT Chief Financial Officer Hiromasa Furukawa told Nikkei.JT announced the $2.4 billion Vector deal in August as it doubles down on the cigarette market, which it considers a stable driver of growth despite falling sales and other headwinds.

28.09.2024 3:11
28.09.2024 3:20
Blinken dismisses China's Ukraine peace plan over support for Russia - Nikkei Asia WASHINGTON -- U.S. Secretary of State Antony Blinken pushed back on China's latest proposal for peace between Russia and Ukraine, saying that Beijing cannot call for an end to the war while simultaneously supplying dual-use components that serve Moscow's war effort.Blinken spoke to reporters on Friday after meeting with Chinese Foreign Minister Wang Yi in New York on the sidelines of the United Nations General Assembly. Earlier in the day, China and Brazil had convened a gathering of 17 developing countries to discuss an end to the war in Ukraine. Their proposals include the need to prevent an escalation, to avoid the use of weapons of mass destruction, and to prevent attacks on nuclear power plants.

28.09.2024 3:39
FOCUS:New Japan ruling LDP chief Ishiba may face make-or-break moment as PM Japan's new ruling party chief Shigeru Ishiba may see an initial bump in public support following Friday's presidential election victory, but he does not have the luxury of basking in the glow with a party revamp at stake after a slush fund scandal. A moment of truth awaits the 67-year-old leader, with two pressing issues: when to call a general election to seek a public mandate and whether he can stitch together a party that was split over a record nine candidates in the leadership election -- a necessary step for the new chief to remain in power. Read full story here

28.09.2024 3:53
Israel launches airstrike on Hezbollah headquarters in Beirut Israel's military said it launched a new airstrike on Hezbollah's headquarters in southern Beirut. An Israeli official said the target was the leader of the Iran-backed militant group. At the United Nations, Israel's Prime Minister Benjamin Netanyahu said Israel will not back down from its military campaign against Hezbollah. NBC News' Richard Engel reports.

28.09.2024 5:03
Forget backpacking, Nepal aims for Asia's luxury tourism list - Nikkei Asia KATHMANDU -- Jomsom, a small town tucked between rocky cliffs and the Himalayas in remote Mustang, western Nepal, has been accessible to foreigners only since 1992. It is the last place on Earth where you would expect to find a luxury designer hotel. But the Shinta Mani Mustang, a 29-suite luxury property that opened in August 2023, has made the remote town a destination for the discerning.The hotel, designed by the well-known American architect and interior designer Bill Bensley, offers luxurious rooms furnished with Tibetan antiques and fine art and craft pieces, along with wellness treatments and top-tier dining. The price is $1,800 per person per night (for a minimum of five nights) -- a tariff that would have shocked the hippie adventurers who flocked to Kathmandu in the 1970s, paving a path that quickly turned Nepal into a prime destination for Western backpackers.