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Asian shares rise as Japan politics weigh on yen
Asian shares rise as Japan politics weigh on yen
Economy
by  AFP

Asian markets rose on Monday, with Tokyo up nearly two percent after Japanese Prime Minister Shigeru Ishiba's decision to resign pushed down the value of the yen. "As for the market reaction, this obviously introduces significant downside risks for the (Japanese yen) and for long-end" Japanese government bonds (JGBs), he added.

Most EU carmakers on track to meet emission targets: study
Most EU carmakers on track to meet emission targets: study
Economy
by  AFP

Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric vehicles (EV) sales pick up, a study released Monday showed. "The two-year extension of the targets allowed carmakers to take the foot off the gas and will lead to two million fewer electric cars being sold between 2025 and 2027," it said.