City Tokyo Financial News

equity offerings have more than quadrupled in value this year, with investors encouraged by a surge in the Nikkei stock index to a 33-year high and signs that Japanese firms have begun to manage their capital more efficiently. A tough 2022 for equity capital markets globally resulted in a backlog of fundraising deals. Japan has also benefitted from far lower interest rates than other countries, billionaire Warren Buffett's lifting of stakes in Japanese firms and a re-allocation of funds away from China amid tensions between Beijing and Washington. Proceeds from initial public offerings and secondary share and convertible bond issues soared 343% to $23.7 billion in the first nine months of the year, LSEG data showed.

«Going ahead, the weakness in the market is likely to extend till the worry over the elevated oil prices and higher interest rates remains, posing a risk to the earnings growth trajectory,” 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 negative start GIFT Nifty on the NSE IX traded higher by 25.5 points, or 0.13 per cent, at 19631.5, signaling that Dalal Street was headed for negative start on Friday.

A deal for Saudi Aramco to buy a $US500 million ($778 million) stake in one of the North American suitors for Origin Energy will bring the oil giant into the Australian LNG sector for the first time and has raised questions around foreign investment approval for the $18.7 billion takeover.

«Markets saw some respite after the previous day’s sell-off but the pressure still continues given several concerns regarding rising interest rates, crude oil prices, and growth concerns in China,” 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 positive start GIFT Nifty on the NSE IX traded higher by 14 points, or 0.07 per cent, at 19,838.5, signaling that Dalal Street was headed for positive start on Thursday.

By Sam Nussey

A Japanese court has ordered the central government, the Kumamoto prefecture and a chemical company to recognize more than 120 plaintiffs as patients of the decades-old Minamata mercury poisoning and pay compensation they have been denied because they ...

By Leika Kihara

«Markets are likely to remain under pressure amid a sharp surge seen in U.S. 10-year treasury yields to 16-year highs of 4.5%. Also mounting concerns over China’s real estate sector, and FIIs offloading in domestic equities dampened the sentiment,” 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 higher by 4.5 points, or 0.02 per cent, at 19,737, signaling that Dalal Street was headed for muted start on Wednesday.

Japan’s health ministry has approved Leqembi, a drug for Alzheimer’s decease that was jointly developed by Japanese and U.S. pharmaceutical companies

By Kevin Buckland

Reliance Industries and L&T were offset by banking and IT stocks The Nifty 50 was up 10 points, or 0.05% at 19,684 as of 9:20 a.m., while the S&P BSE Sensex rose 11 points, or 0.02% to 65,958. From the Sensex stocks, Tata Steel, L&T, UltraTech Cement, and Titan opened in the green, while TCS, Asian Paints, Kotak Bank, and Axis Bank opened in the red.Strides Pharma Science shares fell over 3% after the firm approved the demerger of CDMO business into Stelis Biopharma. Century Textiles & Industries shares rose over 4% after its arm Birla Estates launched a residential project in Bengaluru. The project is expected to have a revenue potential of Rs 3000 crore. On the sectoral front, Nifty IT declined 0.55%, and Nifty Financial Services fell 0.28%.

Treasury yields scaled a fresh 16-year peak on Tuesday, underpinning the dollar near a 10-month summit, as investors responded to the message from the Federal Reserve and other major central banks of rates staying elevated for longer. Asia-Pacific stock benchmarks sagged along with gold, while crude oil continued to drift back from 10-month highs. The yield on 10-year Treasury notes rose to 4.552%, a level not seen since October 2007. The U.S. dollar index — which measures the currency against six major developed market peers, including the euro and yen — ticked up 0.05% to 106.00, after reaching 106.10 overnight for the first time since Nov.

This along with persistent selling by FIIs, rising crude prices, and a spike in bond yields dampened investors' sentiments. «We expect weakness to persist in the market amid cautiousness ahead of the monthly F&O expiry this week,” said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded lower by 59.5 points, or 0.30 per cent, at 19,669, signaling that Dalal Street was headed for negative start on Tuesday.

TOKYO (Reuters) — Japan's business-to-business service prices rose 2.1% in August from a year earlier, accelerating from a 1.7% year-on-year gain in July, central bank data showed on Tuesday.

TOKYO—Huawei, China’s rival to Apple in smartphones and the world’s leading provider of telecoms infrastructure, is out to prove it isn’t just surviving Washington’s campaign to crush it, but is in the vanguard of Beijing’s drive for self-reliance in technology. After the buzz around Huawei’s new high-speed smartphones, which appeared to show that China can swerve around U.S. efforts to block its access to cutting-edge technology, the company on Monday unveiled its latest tablets, smartwatches and earphones—supported by a homegrown challenger to Bluetooth and Wi-Fi, global standards in wireless communication.

A growing movement opposing a highly controversial redevelopment of a historic Tokyo park has submitted a fresh petition in its campaign to get the national government to intervene and revise the plan to save more trees

market on weak global cues and substantial selling by foreign investors. The current week marks the September month's F&O expiry, which is expected to bring about volatility in the market. «The factors that have influenced the markets last week may continue to exert some pressure in the current week too,” said Joseph Thomas, Head of Research, Emkay Wealth Management. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded lower by 45 points, or 0.23 per cent, at 19,687.50, signaling that Dalal Street was headed for positive start on Monday.

TOKYO—Japan’s government is on a mission to make buying stocks hot again. Many of America’s biggest investors are bullish on Japan. Warren Buffett shared that he increased his investments in Japanese companies during an April visit to the country.

India's Asian Games 2023 medal campaign as the country won two silver medals — one each in rowing and shooting. Lightweight men's Double Skulls pair Arvind Singh and Arjun Lal Jat won Silver medal in rowing while the the 10m Air Rifle women's team comprising Ramita Jindal, Mehuli Ghosh and Ashi Chouksey grabbed the second spot. In both the events China won gold. In shooting, Ramita and Mehuli finished second and fifth respectively to qualify for the finals in the individual event. In rowing, the Indian pair won Bronze in the 2018 edition of Asian Games and were ranked 11th at the Tokyo Olympics. Indian rowers will fight it out in as many as nine finals this Sunday and Monday. Men's double skills pair Satnam Singh and Parminder Singh also advanced to the medal round after coming first in their repechage.

U.S. Ambassador to Japan Rahm Emanuel has accused China of using “economic coercion” against Japan by banning imports of Japanese seafood in response to the release of treated wastewater from the damaged Fukushima nuclear plant into the ocean, while Ch...

U.S. Ambassador to Japan Rahm Emanuel has accused China of using “economic coercion” against Japan by banning imports of Japanese seafood in response to the release of treated wastewater from the damaged Fukushima nuclear plant into the ocean, while Ch...