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Overview
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Japanese power company J-Power makes a bid for Australian renewable energy firm Genex Power, aiming to expand its global renewable energy assets. Japan's antitrust watchdog plans to caution Nissan for underpaying subcontractors, while Bank of America raises S&P 500's year-end target. Japan's Nikkei Stock Average hits a record high of over 40,000 points, driven by strong corporate earnings and increased foreign investments.
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How do the record highs in Japan's stock market and the S&P 500 reflect global economic trends and investor sentiment?
How might J-Power's acquisition of Genex Power impact the renewable energy sector in Australia and globally?
What measures could Nissan implement to rectify underpayment issues with subcontractors and rebuild trust?
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