By Leika Kihara
TOKYO, Feb 9 (Reuters) - Japan's bankruptcy cases rose in January as companies struggled with rising labour costs in a tight job market, a private survey showed on Monday, a sign of how increasing pay was hitting smaller firms.
Separate data showed real wages fell 0.1% in December from a year earlier, much slower than a 1.6% drop in November, as inflation eased and workers saw a steady gain in bonuses.
The... (continue reading...)
By Tim Kelly
TOKYO, Feb 9 (Reuters) - Japanese Prime Minister Sanae Takaichi’s thumping election win has blunted domestic opposition to her hawkish security agenda, encouraging plans to press ahead with a defence expansion that China has condemned as a return to militarism.
As the scale of her government's historic victory became clear on Sunday — capturing 352 of the 465 seats in the lower house — Takaichi said she would "work flat out... (continue reading...)
JAKARTA, Feb 9 (Reuters) - Indonesian President Prabowo Subianto has been invited to the United States on February 19 to attend a meeting about President Donald Trump's Board of Peace, an official said on Monday.
Indonesia also hoped to sign a trade deal with Trump during the trip, Presidential spokesperson Prasetyo Hadi said
(Reporting by Stefanno Sulaiman, Ananda Teresia; Editing by Martin Petty)
COPENHAGEN, Feb 9 (Reuters) - Novo Nordisk's Frankfurt-listed shares rose 4.5% on Monday after telehealth firm Hims & Hers reversed its launch of a $49 compounded weight-loss pill over the weekend, following legal threats from Novo and the U.S. Food and Drug Administration.
Hims had introduced the pill on Thursday last week, based on semaglutide—a key ingredient in Novo's blockbuster drugs Wegovy and Ozempic—sparking pushback from the Danish... (continue reading...)
By Eduardo Baptista
BEIJING, Feb 9 (Reuters) - Alibaba's artificial intelligence chatbot Qwen has temporarily stopped issuing coupons due to customer overload, hampering a new campaign to promote the tool's capabilities beyond simply answering questions to assist shopping.
Qwen began offering coupons to users on Friday that allow for in-app purchases from Alibaba-owned retail platforms using chatbot prompts alone. The initiative is... (continue reading...)
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