Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
Apple isn't trying to blow our minds with groundbreaking new features on the iPhone 11, but is making lots of little improvements each year, this year focusing on cameras and...Technologyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
Iran will never hold talks with America, the country's Supreme Leader Ayatollah Ali Khamenei said on state television Tuesday morning.Politicsread more
Energy stocks are on fire Monday. Five experts weigh in on what this could mean.Trading Nationread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
TOKYO, Aug 23 (Reuters) - Japanese stocks edged higher on Friday, drawing support from U.S. markets, with investors eyeing a speech later in the global day from Federal Reserve Chairman Jerome Powell for any clue on further easing in U.S. interest rates.
The Nikkei share average was up 0.28% at 20,686.85 as of 0140 GMT.
Travel services provider H.I.S. Co advanced 4.6% after Nikkei Business reported that it plans to withdraw from a financially taxing takeover bid for hotel operator Unizo Holdings, which has received a higher offer from an investment group.
Shares linked to the defense industry gained on an expected increase in regional tensions after South Korea on Thursday opted to scrap an intelligence-sharing pact with Japan, deepening a dispute which has undercut security cooperation over North Korea.
Defense equipment maker Ishikawa Seisakusho Ltd rose 9.3% and Howa Machinery Ltd, which makes firearms, gained 4.9%. Defense communication equipment manufacturer Tokyo Keiki Inc advanced 3.9%.
But Hanatour Japan Co, which operates holiday tours to Japan from South Korea, was down 5.6% with increasing friction between Seoul and Tokyo expected to negatively affect inbound tourism.
Mitsubishi Pencil Co climbed 6% after it announced a buy back of up to 1.68% of its own shares through March 24, 2020.
The largest percentage gainer in the index was FamilyMart UNY Holdings Co Ltd, which was up 5.9%. The biggest percentage loser was Taiyo Yuden Co Ltd, last down 2.9%.
There were 141 advancers on the Nikkei index against 75 decliners.
The broader Topix gained 0.27% to 1,502.07. (Editing by Simon Cameron-Moore)