City Tokyo Financial News

By Kevin Buckland

Prime Minister Fumio Kishida of Japan made a resolute statement today that could be a boon to crypto markets, reiterating the country's ambition to be at the forefront of Web3 innovation.

Binance revealed that it is finally ready to roll out its full services on its recently-launched subsidiary platform in Japan. 

North Korea fired two short-range ballistic missiles into its eastern sea, South Korea's military said on Tuesday, adding to a recent streak in weapons testing that is apparently in protest of the US sending major naval assets to South Korea in a show of force. In its third round of launches since last week, North Korea fired the missiles just before midnight from an area near its capital, Pyongyang, South Korea's Joint Chiefs of Staff said. It said both missiles travelled around 400 kilometers (248 miles) before landing in waters off the Korean Peninsula's eastern coast.

«We expect some cautiousness ahead of the US Fed meeting where a 25 bps hike is expected, while investors keenly await commentaries. With the quarterly earnings season now at full pace during the week, we expect stock-specific action to continue in the market,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a shift in trading range in between 19500 to 20200 zones while an immediate trading range in between 19600 to 20000 zones. 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 26 points, or 0.13 per cent, lower at 19,712, signaling that Dalal Street was headed for negative start on Tuesday.

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(Reuters) -SoftBank Group is forming a joint venture with supply-chain services provider Symbotic to build AI-powered warehouses that will be majority owned by the Japanese technology investor, the companies said on Monday.

Bidders in the $US3.5 billion-plus ($5.2 billion) auction for BHP’s Queensland coal mines – Blackwater and Daunia – are competing to woo five Japanese commodities houses to join their camps.

Biden has represented her country at the Olympics in Tokyo, a king's coronation in London and a royal wedding in Jordan. She gets another chance to put her ambassadorial skills to work this week when the United States formally rejoins a United Nations agency devoted to education, science and culture around the globe. Biden was arriving in Paris early Monday after flying overnight from Washington to join other VIPs and speak at a ceremony Tuesday at the headquarters of the United Nations Scientific, Educational and Cultural Organization.

By Leika Kihara and Tetsushi Kajimoto

Kyle Chalmers and Emma McKeon got goosebumps.

NEW DELHI/MUMBAI : Global anime brand Crunchyroll sees India as the second largest anime market in the world after the US and expects 60% of the global growth in the next few years in the category to come from the country. Crunchyroll, LLC is an independent joint venture between Sony Pictures Entertainment in US and Aniplex in Japan, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group Corp. “India is still a nascent market for us but we’re seeing really strong fandom for anime across the country, and not just in metros but also from tier-two and three towns.

There are not many firms who would be prepared to pay for hotels, flights and restaurants for 750 bankers to have a get-together, even in the best of market conditions.  In the current environment, Macquarie Capital’s biennial conference in Tokyo looks quite surreally lavish.  The invitations have gone out to more or less the entire firm, so as well as the travel and accommodation bills, the Australian investment bank is prepared to give up almost an entire week’s revenue generation.  (The only people who haven’t been invited are those working on the public-facing equities business, and they will presumably be telling themselves that this is because that’s one business line where you really can’t leave the desk for days at a time).

The Matildas have smashed historic television ratings records, with almost 2 million people tuning in to watch the team’s first match of their much-anticipated FIFA Women’s World Cup campaign.

(This July 20 story has been corrected to change the attribution to senior Japan economist at UBS Securities, not economist at JPMorgan Chase (NYSE:JPM) in paragraph 5)

By Leika Kihara and Takahiko Wada

LONDON (Reuters) — The peak holiday season is gearing up, but school's not quite out for summer in financial markets.

By Leika Kihara and Takahiko Wada

Suumaya Lifestyle, Shree Ram Proteins, Jet Airways and Atam Valves and others were among the stocks that touched their 52-week lows in today's trade. Domestic benchmark index NSE Nifty ended 146.0 points up at 19979.15, while the BSE Sensex closed 474.46 points up at 67571.9.

Dodla Dairy, E2E Networks, Texmaco Infra, Jagran Prakashan and Tokyo Plast Int, hit their fresh 52-week highs during Thursday's trade on NSE. Benchmark NSE Nifty closed 146.0 points up at 19979.15 amid buying in frontline bluechip counters.

E2E Networks, Tokyo Plast Int, Newgen Software, Indian Hume Pipe and Premier Exp, hit their fresh 52-week highs at 10:51AM(IST)on NSE. Benchmark NSE Nifty index fell 9.35 points to 19823.8 amid selling in frontline bluechip stocks.