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Yomiuri reports Japanese prime minister plans a cabinet reshuffle in mid-to-late September.
2026-08-21
Yomiuri reports Japanese prime minister plans a cabinet reshuffle in mid-to-late September.
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Other News
2026-08-21
Morgan Stanley cut its price target for Pop Mart (09992.HK) to HK$203 from HK$214 and kept an Overweight rating. The bank estimates 2Q sales fell about 10% YoY, below expectations, while core operating margin outperformed forecasts; China margins imp
Morgan Stanley cut its price target for Pop Mart (09992.HK) to HK$203 from HK$214 and kept an Overweight rating. The bank estimates 2Q sales fell about 10% YoY, below expectations, while core operating margin outperformed forecasts; China margins improved and overseas cost structure showed greater flexibility. A RMB 720m FX loss in 1H, driven by foreign‑currency positions and RMB appreciation, was the main reason for the earnings shortfall; the company plans to begin hedging FX exposure and diversify its currency mix. Management announced a RMB 2–5 bln share buyback (c.15–38m shares, ~1–3% of capital), which Morgan Stanley says could support the share price. Morgan Stanley cut 2026–28 EPS forecasts by 7%, 5% and 7% respectively.
2026-08-20
Micron Technology (MU.O): Plans to invest over $250 billion in the U.S. and create over 90,000 jobs. It launched Micron Research Labs, a U.S.-based R&D center focused on long-term innovation, aiming to shape the future of storage technology and artif
Micron Technology (MU.O): Plans to invest over $250 billion in the U.S. and create over 90,000 jobs. It launched Micron Research Labs, a U.S.-based R&D center focused on long-term innovation, aiming to shape the future of storage technology and artificial intelligence, with a planned investment of $10 billion over the next decade.
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