City Tokyo Financial News

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending

Tokyo's Nikkei index shed more than three percent on Monday, after weaker than expected US jobs growth and speculation over a Fed rate cut caused global markets to slump. The benchmark Nikkei 225 was down 3.02 percent, or 1,098.77 points, at 35,292.70 in early trade, while the broader Topix index fell 2.67 percent, or 69.28 points, at 2,528.14.

Asian stocks slipped on Monday after US jobs data added to concerns that the Federal Reserve may have waited too long to cut interest rates. Equities in Australia, Japan and South Korea racked up losses in early trading, while US futures were little changed. The dollar was steady against peers, with traders split on the size of the Fed’s easing next week. Iron ore fell below $90 a ton for the first time since late 2022.

It’s not exactly how MANU BHAKER wanted to enjoy her Olympic success — two bronze medals. After a hectic schedule, she was looking forward to ‘some time off’ where she would put her feet up and just relax. Instead, she has been on a whirlwind tour of media houses, photo shoots, corporate events, podcasts studios etc. But, like she handles all the tricky situations at the shooting range, she is acing this phase of her life too. ET catches up with Bhaker to talk about her life after the Olympic success, her memories of pressure moments just before she won the medals and more. Excerpts What has changed around you since winning the Olympic medals? I have been attending a lot of events since then. Which is okay because I enjoy everything. It was pre-decided that I would take a long break after the Olympics. But because of these events, I have been travelling a lot. I had thought I would get some time off and I would sleep, have rest, and stay at home. But I haven’t got time to do all that. I am not complaining (laughs). I am enjoying this phase also.

Wrestling Federation of India President and Bharatiya Janata Party leader Brij Bhushan Sharan Singh on Saturday termed Congress leaders and wrestlers Vinesh Phogat and Bajran Punia «khalnayak» (villains). On September 6, the two ace wrestlers joined the Congress almost a month before the Haryana assembly polls. Brij Bhushan said, «Vo khalnayak hai Haryana ke. Visheshkar khildaiyo ke (They are villains of Haryana, especially to athletes).»

investors are on edge ahead of more key macro events that could shape the tone for trading in the weeks ahead. Here's your look at the week ahead for markets from Kevin Buckland in Tokyo, Ira Iosebashvili in New York, Yoruk Bahceli in Amsterdam and Naomi Rovnick and Amanda Cooper in London.

Prachi Yadav and Yash Kumar qualified for the semifinals of women's VL2 200m and men's KL1 200m after finishing fourth and sixth in their respective heats at the Paris Paralympics here on Friday. While Prachi and Pooja Ojha clocked 1:06.83 and 1:16.09 in women's va'a single 200m VL2 heat 1 and KL1 200m heat 2 respectively, Yash came up with a timing of 1:03.27 in men's KL 200m heat. The semi-finals will take place on Saturday. Winner of each heat qualify directly to the final, while the remainder goes to the semifinals. The three fastest athlete of each semifinal make it to the final.

feline staff members are as integral to the team as their human counterparts. At Qnote Inc., a system engineering firm based in Tokyo’s Suginami Ward, this is a reality. The company has 11 "cat employees," each with a unique role that goes beyond the usual office antics. From providing comfort to their human colleagues to enhancing the company’s public image, these cats have become an unexpected but beloved part of the workforce. The feline roster includes characters like department heads and division chiefs, roles that may sound whimsical but have a tangible impact. The story of these cat employees began in 2004, just a year after the company’s inception, with the adoption of Futaba, a female cat who had previously lived in foster care at a local sushi restaurant. The integration of cats into the office environment has brought several benefits. They help foster better communication among human staff by encouraging interaction through their care and playful disruptions. According to Yuki Igarashi, a non-feline employee, «Having the cats around adds just the right amount of change to our routine. It’s a delightful break from being glued to our computers all day.»

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Asian shares are trading mixed ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal Reserve will move on interest rates

Neeraj Chopra moment in Tokyo that changed the face of javelin in India and inspired many to take up the sport. Harvinder Singh’s gold medal in para archery in the men’s individual recurve open event on Wednesday has similar potential. For a long time, the Olympics or Paralympics, archery has been about heartbreaks and missed opportunities. It was Limba Ram in 1992, Deepika Kumari in 2012 and Dhiraj Bommadevara in 2024. Bommadevara shot well but still missed out on a medal. In a sense, it was becoming a curse. Shoot offs, inner 10s, something or the other would keep happening and the Indians would miss the podium. The jinx was finally broken by Sheetal Devi and Rakesh Kumar when they won bronze in the mixed team event in compound. But they too faced a heartbreak in the semi final losing a shoot off against Iran. A gold medal, which has the ability to transform a sport, continued to be elusive.

Well-heeled Chinese are moving to Japan in droves, buying up homes and harboring hopes for opportunities

Share prices around the world slumped on Wednesday after an overnight drop in US markets led by Nvidia. Stock markets from London to Frankfurt and Tokyo all traded in the red as concerns grew of global growth weakening after a subdued US manufacturing report.

Global stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start

India won its 20th medal at the Paris Paralympics, surpassing Tokyo’s 19 — medal mark. On Wednesday, Sachin Sarjerao Khilari – silver in men’s shot put F46 event — and Harvinder Singh — gold in men’s individual recurve open — added two more medals to push India’s count to 22. Considering that there was only one medal in London 2012 and just four in Rio 2016, the progress is staggering. Naturally, the rise in medals has coincided with the increase in the number of Indian athletes qualifying for the Paralympics. In another positive development, women athletes have outperformed men on many occasions. In Tokyo, all four badminton medals were won by men (Pramod Bhagat, Krishna Nagar, Suhas Yathiraj and Manoj Sarkar). In Paris, however, three women – Thulasimathi Murugesan, Nithya Sre Sivan and Manisha Ramadass – have made it to the podium, while only two men won the medals.

Vinesh Phogat on Wednesday met Congress leader Rahul Gandhi in Haryana amid rumours of her joining the party ahead of the Assembly elections in the state. Tokyo Olympic bronze medalist Bajrang Punia also met the Leader of Opposition. The Congress on Tuesday had said that it would provide clarity on fielding Phogat for the Haryana elections after an AICC central election committee on Monday. Sources said the CEC meeting cleared 34 of the 49 names that it discussed.

«Although intermittent volatility cannot be ruled out, we expect the market to see a gradual up move with sectorial rotation, supported by rising hope of the US rate cut and FIIs turning buyers,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.

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In what will be written in history for Indian para sports, the track and field athletes showcased their might for the second consecutive day at the iconic Stade de France, bagging five medals — two silver and three bronze — as the country ended day six of the quadrennial showpiece at 17th place. In thrilling matches that were held simultaneously on late Tuesday, India grabbed four medals--two in men's high jump T63 event and two in javelin throw T63 event. In the high jump event, Sharad Kumar won silver, Mariyappan Thangavelu clinched bronze while in men's javelin throw F46 final, Ajeet Singh won silver, Sundar Gurjar settled for bronze.

Asian shares are trading mixed as investors look ahead to a key report on U.S. employment set for release later in the week