City Tokyo Financial News

Tokyo | When 300 Japanese business titans and the country’s trade minister descend on Melbourne this weekend, it will be a reminder that not a lot has changed in half a century.

By Leika Kihara

A look at the day ahead in European and global markets from Kevin Buckland

the economy, consider the tractor. Historians disagree about who invented the humble machine. Some say it was Richard Trevithick, a British engineer, in 1812.

bond selling stretched into Asia trade on Friday, but may not last the day as investors waited on U.S. jobs data that could add to the case for keeping interest rates high for some time. Sliding oil prices have also provided some relief to markets, with Brent crude futures at $84.50 a barrel, some $13 or 13.5% cheaper than last week's 11-month high.

By Tom Westbrook

TOKYO (Reuters) — Japan's real wages in August declined for a 17th month, government data showed on Friday, as persistent price hikes continued to outpace salary growth.

Japan’s wrecked Fukushima nuclear power plant says it has begun releasing a second batch of treated radioactive wastewater into the sea after the first round of discharges ended smoothly

Softbank CEO Masayoshi Son on Wednesday said he believes artificial intelligence (AI) will surpass human intelligence within a decade, urging Japanese companies to adopt it or be left behind. Son, speaking at a corporate conference in Tokyo, said «artificial general intelligence will surpass the total intelligence of humankind by 10 times in 10 years.»

Tokyo's Shibuya district is calling on Halloween revelers to stay away from the area this year, citing fears of overcrowding and potential safety hazards similar to last year's tragic incident in Seoul's Itaewon district.

Pooja Gehlot lost to two-time Asian Champion Japan's Remina Yoshimoto in the women's freestyle 50kg semifinal and will play for bronze medal at the 19th Asian Games Asian Games, here on Thursday. The Japanese secured a victory by technical superiority over the Indian. Pooja will wrestle, next with Aktenge Keunimjaeva in the bronze medal bout. Two-time reigning U20 champion Antim Panghal, too, will feature in the women's 53kg bronze medal bout against Tokyo 2020 Olympic bronze medallist Bolortuyaa Bat-Ochiryn. Reigning Asian Champion, Antim, who lost her quarterfinal bout Japan's Akari Fujinami by Fall, advanced to the bronze medal bout via repechage, wherein she received a bye. Meanwhile, Naveen, won his Greco-Roman 130kg repechage bout against Timothy Yu Loh of Singapore while Mansi Ahlawat beat the South Korea's Jeongjae Bark in the women's 57kg freestyle repechage.

By Makiko Yamazaki and Kane Wu

By Leika Kihara

Japan issued an advisory for a tsunami of 1 metre for the islands off of Izu peninsula on the eastern coast of the country. The warning followed an earthquake that had a preliminary magnitude of 6.6 that struck at 11 a.m. near Torishima island, according to the Japan Meteorological Agency.

Japanese Agriculture Minister Ichiro Miyashita says Tokyo hopes to resolve the issue of Chinese ban on its seafood within the World Trade Organization's scope

On the other hand, the dollar index, which tracks the greenback against six peers, was down 0.2% at 106.73, giving up some of its recent gains, after weaker-than-expected U.S. private payrolls based on the ADP National Employment Report.

Japanese Agriculture Minister Ichiro Miyashita says Tokyo hopes to resolve the issue of Chinese ban on its seafood within the World Trade Organization's scope

Once bitten, twice shy? Not with dollar bulls, and not when the prey is the yen.

TOKYO—SoftBank Group’s chief executive officer, Masayoshi Son, said artificial general intelligence is so powerful that within a decade it will surpass all human knowledge. “Take advantage of it or be left behind," Son said to a crowd gathered for the technology investment company’s annual SoftBank World event.

Asian markets are trading sharply lower after Wall Street tumbled as it focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high

By Tom Westbrook