City Tokyo Financial News

International Olympic Committee on Wednesday said it needs to find a suitable new international boxing body by early next year or else risk boxing dropping out of the Olympics for the Los Angeles Games in 2028. The IOC stripped the International Boxing Association of the right to run the Olympic boxing tournaments in Tokyo in 2021 and Paris this year. On Tuesday, the Court of Arbitration for Sport upheld the IOC's decision to formally de-recognize the IBA, in effect cutting it out of the Olympic movement altogether.

Asian shares are mostly declining after Wall Street broke its record-breaking run-up

dollar was on the front foot on Wednesday, pinning the yen near its lowest its decades though the heightened threat of currency intervention by Tokyo capped further declines in the Japanese currency. The yuan was steady after a private-sector survey showed that China's services activity growth accelerated in March, in a sign sentiment was staging a tentative recovery in the world's second-largest economy.

Hong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia

A key Japanese central bank report says that sentiment among big manufacturers has sagged but optimism hit a three-decade high among large business outside the manufacturing sector

Asian shares are mixed after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates

exchange-rate volatility, repeating his warning to yen bears as Tokyo tries to prevent a destabilising fall in the currency. Suzuki stopped short of threatening to take «decisive action» against excessive moves, language the minister used last week when the yen slumped to a 34-year low, suggesting officials are keeping their powder dry as they watch how currency moves play out.

Rise of the Ronin, released on March 22 this year, exclusively for Sony PlayStation 5 is one of the most hyped game this year and may end the year as one of the best-rated games released. The game, developed by Team Ninja, has a vast list of melee weapons, including some primary and secondary weapons. The primary setting of Rise of The Ronin story is based in Edo, also known as Yeddo, which, according to history is a previous name for the city of Tokyo, based in Japan. However, the timeline of the game is not set in modern day, but in the mid 19th century and according to Sony, in the final years of the Edo period. The Boshin War, also considered the Japanese revolution, is one of the primary highlights of the game's storyline which players will be able to play, using some medieval weapons, including some good melee weapons which give you an edge over your formidable opponents.

NEW DELHI : Former chief of the UK’s National Cyber Security Centre, Lindy Cameron, is tipped to become the country’s new high commissioner to India. Should her appointment be confirmed, Cameron will be the first woman to serve as the British high commissioner in New Delhi. Alex Ellis, the incumbent British envoy, is expected to demit office shortly and move on to another diplomatic posting.

Japanese government health officials are raiding a factory that produces health supplements they say have killed at least five people and hospitalized more than 100 others

Tokyo Vice season 2, anticipation mounts for the finale's release. Penned by Tony-winning playwright and showrunner J.T. Rogers, the final episode promises to deliver riveting twists and turns, propelling the series to new heights of suspense and intrigue. Following the tumultuous events of previous episodes, viewers brace themselves for the climactic showdown between protagonist Jake and the formidable antagonist Tozawa, whose ambitions threaten to plunge Japan into chaos.

Asian shares have ended mostly higher in quiet, Good Friday holiday trading and European and U.S. markets were closed

In the week since a line of Japanese health supplements began being recalled, five people have died and more than 100 people are hospitalized

China whenever Japan, engages in military and security-related activities. On March 26, as Japan removed restrictions on transfer of defence technology in order to allow the worldwide export of advanced fighter jets that it is jointly developing with Italy and the UK, China expressed its concern on the development. “China noted relevant reports and expresses grave concern over the decision. Given Japan’s not-too-distant history of militarist aggression, Japan’s military and security moves are closely watched by its Asian neighbours and the international community,” China’s Foreign Ministry Spokesperson Lin Jian said. The Japanese government-led by Prime Minister Fumio Kishida approved revised export rules on transfer of defence equipment and technology after the ruling outfit, the Liberal Democratic Party and its coalition partner, the Komeito Party agreed on these rules, according to a report in The Japan Times.

record highs on Wall Street. The benchmark Nikkei 225 index added 0.48 percent, or 193.04 points, to 40,361.11 in early trade, while the broader Topix index rose 0.58 percent, or 16.03 points, to 2,766.84.

Blackstone Chief Executive Steve Schwarzman said the private credit industry will expand further even as critics warn of a bubble developing in the asset class. 

Japan’s Cabinet has approved a plan to sell future next-generation fighter jets that it’s developing with Britain and Italy to other countries

Japan’s Cabinet OK’d a plan to sell future next-generation fighter jets to other countries on Tuesday, its latest step away from the pacifist principles the country adopted at the end of World War II

By Rae Wee

By Leika Kihara

Investing.com-- Most Asian stocks moved in a tight range on Tuesday, tracking a middling overnight session on Wall Street as anticipation of more key economic readings this week kept sentiment on edge.