By YURI KAGEYAMA, AP Business Writer

TOKYO (AP) – Asian stocks were mostly higher on Wednesday after new data showed that U.S. inflation, while still at a 40-year high, was not as bad as some analysts had expected. Benchmarks rose in Japan, South Korea, Hong Kong and Australia. US futures were also higher, while oil prices were little changed. Stocks fell … Read more

TOKYO (AP) – Asian stocks were mostly higher on Wednesday on hopes that restraints on US interest rates could ease after new data showed signs of slowing inflation. Benchmarks rose in early trade in Japan, South Korea and Australia while falling in China. Regional optimism was lifted by the easing of a COVID-19 lockdown in … Read more

TOKYO (AP) — Honda will invest 5 trillion yen ($40 billion) in research over the next decade, particularly to realize a large-scale shift to green electric vehicles, the Japanese automaker said Tuesday. Products and services at the plants will account for more than half of the 8 trillion yen ($64 billion) research and development budget … Read more