City Tokyo Financial News

By Tetsushi Kajimoto

The Progmat Coin ecosystem is taking shape in Japan. With a market maker, wallet provider and cryptocurrency exchanges on board, Progmat and Mitsubishi UFJ Financial Group (MUFG) hope to launch two stablecoins in the summer of 2024.

Nintendo is reporting an 18% rise in its net profit for the first fiscal half, as sales were boosted by its hit Super Mario movie

Nintendo is developing a live-action film based on its hit video game “The Legend of Zelda.”

Global shares are mostly lower in muted trading ahead of a speech by U.S. Federal Reserve Chair Jerome Powell that might point the way for future interest rate policy

TOKYO (Reuters) -France's Renault (EPA:RENA) has cut its stake in Nissan (OTC:NSANY) to 15% from about 43% by placing 28.4% of the Japanese automaker in a French trust, the companies said in an alliance statement, putting them on equal footing.

By Sam Nussey

By Leika Kihara

TOKYO—Struggling to compete with homegrown electric-vehicle makers in China, Japanese automakers are looking at whether to cut their losses and focus resources on warding off Chinese rivals in other stronghold markets. During the first half of their fiscal year—the period from April to September—Honda, Nissan, Mazda, Mitsubishi Motors and Subaru reported year-over-year declines in auto sales in China. Toyota’s China sales volumes were little changed from a year earlier but the automaker flagged the market as one of particular concern.

An underwater volcano is erupting so forcefully off the coast of Japan that it’s led to the formation of a new island.

Shares have mostly fallen in Asia after a mixed close on Wall Street

TOKYO (Reuters) — The head of the tax panel for the Japanese political party Komeito, a junior coalition partner with the ruling Liberal Democratic Party (LDP), said on Tuesday a thorough debate is needed on a controversial plan to cut income tax.

«Overall we expect the market to remain positive over the next few days ahead of the Diwali festival over the weekend. Action could be seen in broader market with niche segments in stronger momentum,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded lower by 16 points, or 0.08 per cent, at 19,464, signaling that Dalal Street was headed for muted start on Tuesday. India VIX: India VIX, which is a measure of the fear in the markets, rose 2.04% to settle at 11.10 levels. US stocks gain U.S. stocks closed slightly higher on Monday as investors awaited guidance from a host of Federal Reserve policymakers later in the week on the central bank's policy path, with a large amount of bond supply also due to hit the market. Asian shares dip Asian stocks edged lower as fresh doubts emerged on whether the Federal Reserve has finished tightening policy, with gains in US shares limited by a rise in bond yields.

TOKYO (Reuters) — Japan's real wages slipped in September for an 18th month, government data showed on Tuesday, with rising prices squeezing consumers' purchasing power, and likely to add to pressure from labour groups for higher wage increases.

By Tetsushi Kajimoto

TOKYO (Reuters) — Japan's services activity expanded at the slowest pace this year in October, a business survey showed on Monday, reinforcing concerns that the key sector propelling economic growth is continuing to soften.

earnings, global trends and foreign flows will drive the market momentum. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 20 points, or 0.10 per cent, at 19,447, signaling that Dalal Street was headed for positive start on Monday.

Tokyo Vice Season 2, including the release window, cast updates, and production details.

Spy x Family" continues to captivate fans with its season 2. Following the release of episode 5, viewers are eager for the next chapter in this series. Here’s what to expect from the upcoming episode and how you can catch it.

Fishing communities in Fukushima feared devastating damage to their businesses from the tsunami-wrecked nuclear power plant’s ongoing discharge of treated radioactive wastewater into the sea

Asia Pacific Screen Awards on Friday. Gold Coast, Queensland, Australia hosted the 16th edition of the APSA Awards.“Perfect Days,” narrates the life of a toilet cleaner in Tokyo as he finds happiness in everyday life. The film was premiered in Cannes. It was selected as Japan’s Oscar contender and as the opening title of the Tokyo International Film Festival.