Asia. Japans Supreme Court has ruled that one of the century old civil Code Provisions regarding marriage is unconstitutional. Its the first time the top court has made such ruling. The decision will oblige the legislature to revise the article which prohibits women from remarrying for six months after divorce. The Top Court Said that the article concerning remarriage violates the constitution. The provision aims to prevent disputes over paternity. But the justices said a waiting period of more than 100 days is excessive. Translator this decision reflects how women feel. We hope the diet will revise the law as soon as possible. Meanwhile, the justices said another article requiring a married couple to use the same surname does not violate the constitution. Some argue being forced to change ones surname results in a loss of identity. They said common use of birth names in business and social situations after marriage alleviates such concerns. Plaintiffs argued that both articles violate
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Asian stocks rose broadly on Thursday, as the dollar and U.S. Treasury yields retreated from recent highs and Taiwan Semiconductor Manufacturing Corp., the world's largest producer of advanced processors, clocked a stronger-than-expected first-quarter profit on strong AI chip demand.
Japan s Nikkei share average
rose for the first time in four sessions on Thursday, as
chip-sector shares reversed early declines and bank shares
rallied. The Nikkei ended the day up.
The major U.S. index futures are currently pointing to a modestly higher open on Thursday, with stocks likely to move back to the upside after ending yesterday's volatile session mostly lower.