Japan’s Nikkei share average slips further, trading 0.52% lower at 62,945.91.
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Honda Motor Co outlines plans for shareholder distributions exceeding ¥800 billion over three years ending March 2029.
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Walmart launches local US delivery hubs in quest for speed supremacy-FT
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Honda CEO says the automaker plans to increase its 2030 hybrid sales goal to 2.5 million vehicles, up from 2.2 million.
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Honda CEO says the automaker is targeting a cost reduction of over 30% for its new hybrid system versus 2023.
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China’s Xi says China–U.S. economic and trade relations deliver mutual benefits and win-win outcomes.
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Chinese President: We will enhance cooperation with America in trade, health, tourism, agriculture, and law enforcement
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President Xi states that China–U.S. trade ties deliver mutual gains and win-win results.
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President Xi states that equal dialogue and consultation between China and the United States is the only right approach.
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Xi states that the new positioning will serve as strategic guidance for China–U.S. ties for the next three years and beyond, CCTV reports.
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President Xi calls on both parties to preserve the recently achieved good momentum in relations.
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President Zelenskiy reports that Russia fired over 1,560 drones starting from midnight on Wednesday.
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Xi and Trump held talks covering the Middle East situation, Ukraine crisis, and Korean Peninsula, CCTV says.
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FROM REUTERS

U.S. APPROVED CHINESE BUYERS OF NVIDIA CHIPS
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Barclays increases its target price for Siemens AG from €220 to €230.
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Iran’s ‘anti-American’ rhetoric tests India’s balancing act at Brics meeting-SCMP
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India’s foreign minister states that unimpeded shipping through key waterways, including the Strait of Hormuz and Red Sea, is crucial for the global economy.
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UK (Q1) GDP QoQ ACTUAL: 0.6% VS 0.1% PREVIOUS;EST 0.6%
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UK (Q1) GDP YoY ACTUAL: 1.1% VS 1% PREVIOUS;EST 0.8%
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UK (Q1) Private Consumption QoQ ACTUAL: 0.6% VS 0.1% PREVIOUS;EST 0.3%
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UK (Q1) Government Spending QoQ ACTUAL: 0.4% VS 0.1% PREVIOUS;EST 0.6%
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