City Tokyo Financial News

By Leika Kihara and Tetsushi Kajimoto

A leading Japanese crypto advocate has won a seat in the House of Councilors, the nation’s lower parliamentary house.

Netflix on Wednesday with its five hosts, who are also called Bobby Berk, Fab Five: Jonathan Van Ness, Antoni Porowski, Karamo Brown, Tan France. As per Netflix's season explanation, the Fab Five are entering into a former nun's life who is the largest Kiss fan as well as the Louisiana School for the Deaf's football coach among others.

Two major Wall Street firms are recommending investors start buying five-year US notes after they saw their worst rout since May last week.

Investing.com-- Most Asian stocks rose on Monday, with Japanese shares leading gains as hype over AI drove investors into tech, while Chinese markets continued to decline amid persistent fears of a slowing economic recovery.

snapping its agreement and seeking $90 million in termination fees. In response to the merger termination notice, Zee has refuted Sony's breach claims and the demanded termination fee, and is planning legal actions to protect its stakeholders' interests.

Zee Entertainment Enterprises Limited (ZEEL) terminating the agreement dated December 22, 2021, to merge ZEEL and CME.

Japan has become the fifth country in history to reach the moon

Sony Group Corp is unlikely to extend the good faith negotiations with Zee Entertainment Enterprises Ltd. (ZEEL) — whose deadline was supposed to lapse on midnight of January 21, said people aware of the matter.

Japan has landed a spacecraft on the moon, an attempt at the world’s first “pinpoint lunar landing.”

North Korea said Sunday it has agreed to further strategic and tactical cooperation with Russia to establish a «new multi-polarised international order,» as the two countries work to build a united front in the face of their separate, intensifying tensions with the United States. In describing North Korean Foreign Minister Choe Son Hui's meetings with Russian President Vladimir Putin and Foreign Minster Sergey Lavrov in Moscow last week, the North's Foreign Ministry said Putin also reaffirmed his willingness to visit Pyongyang and said that could come at an «early date.» North Korea has been actively strengthening its ties with Russia, highlighted by leader Kim Jong Un's September visit to Russia for a summit with Putin.

Savita Punia, captain and goalkeeper of the Indian women’s hockey team, who was still trying to wrap her head around the fact she will not be going to the 2024 Paris Olympics, with a lump in her throat. India needed to beat Japan in the thirdplace match of the Olympic qualifers in Ranchi on Friday to book a berth in the Paris Games. But, they lost.

Grim milestones have kept piling up in recent days: Tokyo has overtaken Shanghai as Asia’s biggest equity market, while India’s valuation premium over China has hit a record. Locally, a meltdown in Chinese shares is wreaking havoc on the nation’s asset management industry, pushing mutual fund closures to a five-year high. The Hang Seng China Enterprises Index has already lost 11% in 2024.

Read more here Reliance Industries Limited reported a 10.9% increase in its net profit to ₹19,641 crore in the third quarter of FY 23-24. The company's total revenue from operations stood at ₹2,27,970 crore during the quarter under review. The robust performance of the oil and gas segments was one of the major highlights of the quarterly results of Mukesh Ambani's firm.

Solo Leveling Episode 3 is set to unfold the mysteries surrounding Sung Jin-Woo's fate. The dark fantasy anime continues to captivate viewers with its intense storyline and supernatural elements.

Zee Entertainment Enterprises (ZEE) on Friday said that it is not aware of any board meeting of Sony Pictures, where it was expected to seal the fate of a $10-billion merger deal. «The company is not aware of, and cannot comment on, any board meeting held or proposed to be held by Culver Max Entertainment Pvt Ltd (formerly Sony Pictures Networks India Private Limited), given that these are internal matters of Sony,» Zee said in a filing. Punit Goenka-led Indian media giant reiterated that it is committed to the merger with Sony and is continuing to work towards a successful closure of the proposed merger. Earlier today, multiple media outlets reported that a board meeting of Sony was scheduled on Friday to take a call on the merger deal with Zee. «Two key meetings are set to be held back-to-back. Culver Max Entertainment is likely to hold a board meeting on Thursday night, followed by Sony at its Tokyo headquarters,» an ET report noted. Reacting to the media reports, Zee said it is engaging in good faith negotiations with Sony with a view to discuss the extension of the date required to make the scheme effective, by a reasonable period of time. Zee and Sony agreed on a merger two years ago, but the proposed deal hit a brick wall after Sony expressed inhibitions about Goenka running the combined entity. It was expected that the deal would be completed within the stipulated deadline of December 2023.

Indian women's hockey team failed to qualify for the Paris Olympics after going down 0-1 to Japan in the third-fourth place match of the FIH Olympic Qualifier here on Friday. Kana Urata scored for Japan off a penalty corner in the first quarter and they kept the lead intact till the end of the match while Indians failed to find the target.

Investing.com-- Major Asian chipmaking and technology stocks rose sharply on Friday, tracking better than expected earnings from TSMC and as the chipmaking giant also flagged a positive outlook on AI demand.

By Leika Kihara

Japan has signed a deal with the United States to purchase up to 400 Tomahawk cruise missiles as part of its ongoing military buildup in response to increased regional threats

By Yuka Obayashi