Lim hui Jie

Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and significant challenges" it would face.

Investors in Asia will also look at tech stocks to see if there is any spillover effect on EV stocks after Tesla earnings missed estimates.

While Vice President Kamala Harris jumps into the race late in the campaign cycle, some experts said she could head into November with serious momentum.

China’s GDP is expected to grow 5.1% year-on-year in the second quarter, slowing from the 5.3% seen in the first quarter

In Asia, investors will be watching for any spillover optimism in the region’s tech stocks, particularly in Japan.

The state investor said that the U.S. will still be the largest destination for its capital, although it is also looking to increase its focus on India and Japan.

China’s consumer price index is expected to climb 0.4% in June, compared with 0.3% in May.

China’s inflation data for June will be out on Wednesday, while U.S. inflation numbers will be released Thursday stateside

The Nikkei 225 could continue hitting all time highs, based off futures data.

These tax benefits will be given to companies that “actively expand dividends and push for [a] low-rate separate taxation on shareholders’ dividend income tax.”

The Topix crossed its all-time high of 2,886.50, set in December 1989, while the Nikkei 225 surpassed its record high of 40,888.43 set in March.

Investors in Asia are coming off a positive inflation report in the U.S. last week, and will assess business data from the region.

Separately, Japan has also reportedly replaced top currency diplomat Masato Kanda.

The yen weakened to 160.82 against the greenback according to FactSet data, breaching the previous record of 160.03 on April 29.

This comes after ties between the U.S. and China have somewhat warmed after Xi and Biden met in November.

Asia tech stocks in Japan, South Korea and Taiwan climbed on the back of Nvidia becoming the world’s most valuable company

Hong Kong chief executive John Lee said over 90% of brokerage firms and securities firms supported the proposal.

The RBA held its benchmark interest rate at 4.35% for a fifth straight meeting, saying that inflation “remains above target and is proving persistent.”

The BOJ said it will collect views from market participants on the reduction of Japanese government bond buying and present a detailed plan in the next meeting.

Given the recent scandals, will investors flee the stock, preferring to sink money in other scandal-free Japanese automakers instead?