City Tokyo Financial News

Japan's Nikkei 225 stock index has ended at a record high close

dollar hit a near 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated prospects of a second Donald Trump presidency. Japan's weak currency helped lift the Nikkei above the psychological 40,000 mark for the first time in three months, making the index an outlier as many other regional stock markets struggled.

Eight years ago Yuriko Koike became the first woman to lead Tokyo, beating her male predecessor

Inflation cooled in the US as well as several European countries in recent readings, offering encouraging signs that central banks in the regions can lower interest rates.

The site of Tokyo’s famed Tsukiji fish market left empty after it was razed six years ago, will be replaced by a waterfront stadium and glistening skyscrapers according to plans for its redevelopment

A Japanese transport ministry panel has proposed a number of air traffic control measures to boost safety

Paris Olympics 2024 is Noah Lyles. Lyles is the flashiest, and the fastest, sprinter in the United States at present and he aims at Usain Bolt's records. Reigning world 100 meters champion Noah Lyles claimed a measure of redemption by winning the 100-metre event at the US athletics trials on Sunday, booking his ticket to the Paris Olympics.

Asian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run

Top Japanese lawmakers say it is time for the country to “redefine” crypto and its approach to regulation. The statements hint that further crypto reforms could be on their way in Tokyo.

National Anti-Doping Agency has once again suspended Olympic Medallist wrestler Bajrang Punia for an anti-doping rule violation. Earlier this month, the National Anti-Doping Agency's Disciplinary Panel (ADDP) revoked the provisional suspension imposed on Bajrang Punia till NADA issues a Notice of Charge to the wrestler, who had refused to provide his sample for dope test after the selection trials in March. NADA had suspended Tokyo Games bronze medallist Bajrang on April 23 and subsequently the world governing body UWW also took similar action. The trials to pick the men's national team for the Asian Olympic Qualifiers in Bishkek were held in Sonepat on March 10 and Bajrang had walked off the venue without providing his urine sample after losing a bout.

strategic partners to building a defence innovation bridge under the Critical and Emerging Technology Initiative, the US has said on the partnership's first anniversary. INDUS-X, which stands for enhanced strategic and defence partnership between India and the US, was launched on June 21 last year by the US Department of Defence and the Indian Ministry of Defence during Prime Minister Narendra Modi's state visit to Washington, DC. «In its first year, INDUS-X has advanced both countries' commitment to build a defence innovation bridge under the initiative on Critical and Emerging Technology (iCET),» the Department of Defence said in a press release on Friday. The iCET was launched by Prime Minister Modi and US President Joe Biden on the sidelines of the QUAD summit in Tokyo on May 24, 2022.

Nikkei share average closed slightly lower on Friday as losses in technology shares overshadowed gains in value stocks amid a weak yen and higher yields. The Nikkei slipped 0.09% to 38,596.47 after three straight sessions of gains. However, it fell 0.49% for the week.

TOKYO—SoftBank Group founder Masayoshi Son on Friday lamented what turned out to be a $150 billion blunder: selling shares in Nvidia years before the chip maker became one of the world’s most valuable companies. Son, known for some of the most successful investments in technology history, recalled one of his less-cherished moments on Friday at SoftBank Group’s annual shareholder meeting in Tokyo. “It’s frustrating to remember the ones that I missed," Son said.

Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off soft U.S. data and rose anticipating new supply next week. The dollar firmed, as higher U.S. yields widened differentials with non-dollar rates that are trending lower. It drew closer to the 160 yen area that prompted Tokyo to intervene in late April to support its currency.

«An expectation of a growth-focused budget is aiding sentiments and is likely to lead to sector-specific action,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

European markets have opened higher after a mixed day of trading in Asia

Top Japanese crypto firms, including major crypto exchanges, say they will keep pushing Tokyo to reform the nation’s strict tax laws.

Netflix will be releasing its documentary titled ‘Simone Biles Rising’ in June. This will trace the journey of Simone Biles who is part of the US Gymnastic team, up to the Paris Olympics in 2024. The trailer of this documentary has been released by the OTT platform. This comes immediately after Prime Video is expected to release the ‘Twelve Final Days’ involving the life of another sporting legend Roger Federer on June 20. The Simon Biles Rising documentary has a logline which reads “one of the most powerful comebacks in history”.

Japan has reported its exports surged 13.5% in May, helped by a weak yen and strong demand in the U.S. and Asia

Global stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession

Toyota shareholders have voted in support of all of the company's proposals at their annual meeting, including keeping Akio Toyoda, the grandson of the Japanese automaker’s founder, as chairman of the board