Investors will be looking out for any official announcement of a merger between Japanese automakers Honda Motor and Nissan Motor. Asia markets are poised to rise after a U.S. government shutdown was averted and as a cooler-than-expected inflation reading helped lift U.S. markets Friday. Asia-Pacific markets were set to start the holiday-shortened Christmas week on a positive note, after a U.S. government shutdown was averted over the weekend. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are On Monday, investors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor . Japanese media outlet Jiji Press has reported that the announcement could come as early as Monday. This comes after Nissan shares saw a record surge last Wednesday, following a media report that the struggling Japanese automaker was looking to merge with Honda. Japan's Nikkei 225 is set to rise, with the futures contract in Chicago at 39,155 and its counterpart in Osaka at 39,070 against the index's last close of 38,701.9. Futures for Hong Kong's Hang Seng index stood at 19,886, pointing to a stronger open compared to the HSI's close of 19,720.7. Australia's S&P/ASX 200 started the day up 0.62%. Money Report How Gen X and millennials are changing the face of the traditional family office as they inherit over $80 trillion Stock futures inch higher as the market heads into holiday-shortened week: Live updates Last Friday in the U.S., all three major indexes climbed, helped by cooler-than-expected inflation data. The Dow Jones Industrial Average gained 1.18%, while the S&P 500 added 1.09% and the tech-heavy Nasdaq Composite advanced 1.03%. The personal consumption expenditures price index , the Fed's preferred inflation gauge, accelerated to 2.4% in November from 2.3% the previous month, but was still lower than the 2.5% estimate from Dow Jones. Excluding food and energy, core PCE rose 2.8% from a year ago, slightly below expectations of 2.9%. — CNBC's Brian Evans, Sean Conlon and Jeff Cox contributed to this report. Also on CNBC Warren Buffett's Berkshire buys Occidental, other shares during sell-off Peak pessimism for China has passed: Mizuho Americas Our focus is on growth without incurring cash burn: MobiKwik CEONEW YORK (AP) — President-elect wants to turn the lights out on daylight saving time. In a post on his social media site Friday, Trump said his party would try to end the practice when he returns to office. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” he wrote. Setting clocks forward one hour in the spring and back an hour in the fall is intended to maximize daylight during summer months, but has long been subject to scrutiny. Daylight saving time was first adopted as a wartime measure in 1942. Lawmakers have occasionally proposed getting rid of the time change altogether. The most prominent recent attempt, a now-stalled bipartisan bill named the , had proposed making daylight saving time permanent. The measure was , whom Trump has tapped to helm the State Department. Related Articles “Changing the clock twice a year is outdated and unnecessary,” Republican Sen. Rick Scott of Florida said as the Senate voted in favor of the measure. Health experts have said that lawmakers have it backward and that standard time should be made permanent. , including the American Medical Association and American Academy of Sleep Medicine, have said that it’s time to do away with time switches and that sticking with standard time aligns better with the sun — and human biology. do not observe daylight saving time. For those that do, the date that clocks are changed varies, creating a complicated tapestry of changing time differences. Arizona and Hawaii don’t change their clocks at all.
NEW DELHI: With the IAF grappling with an acute shortage of fighter aircraft as well as force-multipliers, the govt has constituted a high-level committee under defence secretary Rajesh Kumar Singh to chalk out a roadmap to plug the major operational gaps in the force. The committee will examine the IAF's overall capability development through several indigenous design and development as well as direct acquisition projects. "Among the three Services, IAF has the most critical capability voids. The committee will submit its report by the end of Jan," a source said. DRDO chief Samir V Kamat, secretary (defence production) Sanjeev Kumar and IAF deputy chief Air Marshal Tejinder Singh, among others, are the members of the committee. The need to fast-track projects has been reinforced by the way the Chinese air force has deployed additional fighters, bombers, reconnaissance aircraft and drones at all its air-bases facing India, like Hotan, Kashgar, Gargunsa, Shigatse, Bangda, Nyingchi and Hoping, after upgrading them with new runways, hardened shelters, fuel and ammunition sto-rage facilities. With the IAF currently making do with just 30 fighter squadrons when 42.5 are authorised to tackle the threat from China and Pakistan, one of the major challenges before the committee will be to break the logjam over the long-pending project to manufacture 114 new 4.5-generation fighters, at an initial estimate of Rs 1.25 lakh crore, with foreign collaboration. "Some jets will be directly acquired, while the bulk will be produced in India," a source said. Then, there is also the induction of indigenous Tejas Mark-1A fighters, which has taken a hit primarily because of the continuing delay in supply of engines by US major General Electric. Hindustan Aeronautics (HAL) will be able to deliver only two to three Tejas Mark-1A fighters instead of 16 promised to the IAF in the 2024-25 fiscal, under the Rs 46,898 crore deal for 83 such single-engine jets inked in Feb 2021. The order for another 97 TejasMark-1A fighters for Rs 67,000 crore is also in the pipeline. Meanwhile, GE has promised to begin the deliveries of the contracted 99 GE-F404 turbofan jet engines by March 2025 now, around two years behind schedule. HAL and GE, of course, are now also conducting the final techno-commercial negotiations for co-production of the more powerful GE-F414 aero-engines in India for the planned induction of at least 108 Tejas Mark-II fighters, with 80% transfer of technology for around $1 billion. Induction of force-multipliers is also crucial. IAF, for instance, has just six IL-78 mid-air refuelers, inducted in 2003-04, when it requires at least 18 such aircraft to extend the operational range of its fighter jets. In the "eyes in the sky" arena, India is even behind Pakistan, let alone China. IAF has just three indigenous 'Netra' airborne early-warning and control (AEW&C) aircraft, apart from the three Israeli Phalcon AWACS inducted in 2009-11. Consequently, the plan to develop six Mark-1A and six Mark-2 versions of the Netra aircraft also needs to be fast-tracked. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .Will the Vanguard Australian Shares Index ETF (VAS) ever be a growth fund?ST Picks: How have budget airlines changed air travel in Singapore?
From wealth and success to murder suspect, the life of Luigi Mangione took a hard turnKids are getting ruder, teachers say. And new research backs that up
Investors worry over US govt shutdown showdownThe agreement to transfer power to the opposition is a bold move that has the potential to change the course of the conflict. It reflects a willingness on the part of the Syrian government to work towards a peaceful and inclusive solution that takes into account the interests and aspirations of all Syrians, including those who have been marginalized or oppressed.As the missing woman begins to reintegrate into society and reconnect with her past, she faces a multitude of challenges and obstacles. Rebuilding relationships, processing her lost years, and coming to terms with her new identity as a mother are just a few of the hurdles she must overcome. However, with the support of her family and loved ones, she is determined to forge a new path forward and embrace the future with hope and courage.
WeChat, often referred to as China's super app, is a multifunctional platform that offers a wide range of services beyond just messaging. For our 25-year-old woman, WeChat is her virtual playground, where she can chat with friends, share moments from her daily life, and stay updated on the latest trends and news.
Looking ahead, Sony's continued focus on innovation, content creation, and expanding its global reach will be crucial in maintaining its competitive edge and driving future growth. The recent milestone of reaching a 20-year high in its stock price is a testament to Sony's resilience, adaptability, and commitment to delivering high-quality entertainment experiences to consumers worldwide.
‘We feel very much at home here’ – Sarum Jewellers expands into shop next door
CNBC Daily Open: Inflation and dot plots"It's always great to see old friends and teammates," Calhanoglu said. "I had some fantastic times at Leverkusen and the bonds we formed during my time there are something I cherish. It's nice to catch up and reminisce about the good old days."In a world where technological advancements often take center stage, the simplicity and beauty of the snow-carrier reminded us of the power of creativity and imagination. It served as a beacon of inspiration, encouraging others to channel their talents towards meaningful and impactful endeavors.
One of the key features of 'Answers' is its ability to understand natural language queries, allowing users to search for information using conversational language rather than a specific set of keywords. This makes the search process more intuitive and user-friendly, catering to the diverse needs and preferences of Reddit's vast user base.Meanwhile, Ormo himself is said to be frustrated with the situation and eager to resolve the issue as soon as possible. The prospect of becoming a free agent and being able to negotiate with other clubs has surely crossed his mind, but his preference is believed to be staying with Barcelona and fulfilling his potential at the Camp Nou.
