Japan Financial News

A group of Japanese doctors has filed a civil lawsuit against U.S. search giant Google, demanding damages for what they say are results showing unpoliced derogatory and often false comments

Asian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights

e suicide bombing incident that took place in Pakistan's port city of Karachi, said police, adding that the attacker detonated his explosive-laden vest near a van carrying the workers. Local police chief Arshad Awan said said the vehicle was heading to an industrial area where five Japanese nationals worked at Pakistan Suzuki Motors, The Associated Press reported. Police escorting the Japanese returned fire after coming under attack, killing an accomplice of the suicide bomber whose remains were found from the scene of the attack.

Asian stocks have tumbled, with Japan’s Nikkei slumping 3.5% on heavy selling of semiconductor-related shares and other market heavyweights

Benchmark U.S. crude oil for May delivery rose 4 cents to $82.73 per barrel Thursday

JSW Steel, India's largest manufacturer of the alloy, has raised $900 million from a consortium of eight foreign banks to refinance debt maturing this month and pre-pay some high-cost borrowings. The loan was priced 180 basis points above the international secured overnight financing rate (SOFR) earlier this month, multiple people aware of the details said. One basis point is a hundredth of a percentage point. Eight banks — Singapore's DBS Bank, France's BNP Paribas, UK-based HSBC and Standard Chartered, UAE's Mashreq Bank and First Abu Dhabi Bank, Japan's Sumitomo Mitsui Banking Corp (SMBC) and Taiwan's CTBC Bank — are the joint underwriters for the loan.

In a note to clients, Goldman Sachs, one the world’s largest investment bank, advised against extrapolating data from previous Bitcoin halving cycles due to macroeconomic changes.

Asian central banks to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves by the U.S. Federal Reserve. Receding expectations for a near-term interest cut by the Fed have fed steady dollar gains that have pushed down some Asian currencies such as the Japanese yen and the South Korean won.

Honda Motorcycle & Scooter India (HMSI) on Thursday inaugurated a new engine assmebly line with capacity of manufacturing 60 engines daily at its Global Resource Factory situated in Manesar, Haryana with focus on CKD (Completely Knocked Down) exports. «The new assembly line is equipped to produce engines for models ranging from 1100cc to 300cc, catering to diverse needs and preferences of customers across the globe,» said the company through a press release. «We are happy to introduce a new engine assembly line for CKD exports at our Global Resource Factory in Manesar. It is a testament to our relentless pursuit of driving technological advancements in the industry. With this step, HMSI aims to boost its export capabilities, reaching new heights in market expansion and adherence to global quality standards,» said Tsutsumu Otani, Honda Motorcycle and Scooter India Managing Director, President and CEO.

rupee logged a record closing low against the dollar on Thursday, but ended little changed as it was caught between equity outflows and a recovery in regional peers. The rupee ended at 83.5375, its weakest close on record, compared with its previous close of 83.5350.

Exide Industries, a leader in energy storage and management solutions, soared to yet another all-time high, reaching ₹481.70 per share, representing a 4.70% increase. This stellar surge in stock price has resulted in a cumulative gain of 54% over a mere nine trading sessions. The recent surge in the stock has escalated its one-year return to 148% and its two-year return to nearly 200%.

Sensex declined 456.10 points, or 0.62%, to close at 72,943.68, while the Nifty 50 dropped 124.60 points, or 0.56%, to settle at 22,147.90. The Indian stock market was closed on Wednesday on account of Ram Navami. “Investors are fearing that the ongoing conflict could fuel buoyancy in crude oil prices and in turn weigh on inflation.

Japan's iconic and prestigious Shinkansen or high-speed bullet trains face the rarest of rare delay. The reason behind it is not either human or technical glitch. The peculiar incident disrupted the renowned punctuality of Japan's bullet trains when an unexpected passenger, a snake, made its presence known aboard a high-speed train. While Japan's railway system is famed for its efficiency and precision, the uninvited reptilian guest managed to cause a rare 17-minute delay as it traversed through a passenger carriage.

Benchmark U.S. crude oil for May delivery fell $2.67 to $82.69 per barrel Wednesday

Japan recorded a trade deficit for the third straight fiscal year as the costs of energy and other imports rose and the yen remained weak

President Joe Biden has told an audience of cheering unionized steelworkers that his administration will block the acquisition of U.S. Steel by a Japanese company

Paris, while France will get a major host-nation bump from eighth to third, according to a forecast 100 days out from the opening ceremony. The Gracenote virtual medals table, which is compiled using results data from key global and continental competitions since the Tokyo Olympics, has the U.S. on top both on gold medal count (39) and total medal count (123). The U.S. will host the next Olympics after Paris in Los Angeles in 2028.

ON A VISIT to Tokyo last spring, chef Sean Brock and his wife, Adi, had just found seats at the dimly lit, barely signposted Bar Track when the music stopped their conversation cold. It wasn’t the song (something by Cake) or the volume (modest), but the clarity and richness of the sound emanating from the speakers nestled among the albums and whiskey bottles behind the bar.

earthquake with a preliminary magnitude of 6.4 hit southern Japan late on Wednesday, the Japan Meteorological Agency said. The epicentre of the earthquake was the Bungo Channel, a strait separating the Japanese islands of Kyushu and Shikoku, the agency said, adding that no tsunami warning had been issued.

Fumio Kishida’s visit to the United States in April 2024 was a historical visit because the agreement indicated that Japan will take charge of a more wider security role in the East China Sea, Taiwan and the South China Sea as a trustworthy ally of the United States. Firstly, Japan and the United States are planning to make Tokyo to be main headquarters of military operation in this region. Currently, Japan has been planning to establish the integrated headquarters of its ground, maritime, and air Self-Defence-Forces in Tokyo by next March 2025. Along with it, during this Kishida’s US visit, the US decided to strengthen its headquarters in Tokyo to make seamless collaboration with the Japanese side. The rank of commander of the headquarter will rise from three star general to be four star general. The four-star general is at the same level with the current Indo-Pacific Commander in Hawaii. The strengthening of the seamless command chain of armed forces in Tokyo is very important step. Currently, China is provoking countries in the East China Sea, Taiwan and the South China Sea at the same time. For China’s strategy, these areas are one set. For example, if China wants to invade Taiwan, China should dominate the East China Sea and the South China Sea to isolate Taiwan. And government in Beijing can control all these areas under one integrated strategy.

The sector has achieved the top position for a third quarter in a row, with eight out of 68 funds (11.8%) delivering a top quartile performance as at 31 March 2024, followed by the IA Global Mixed Bond sector in second place with six out of 71 funds (8.5%). On the other side of the spectrum, the IA £ Corporate Bond and the IA £ Strategic Bond sectors managed to avoid the bottom with one fund achieving the returns target, while all funds in the IA UK Equity Income sector failed to meet this hurdle. The percentage of funds delivering top quartile returns overall fell marginally to 2.7% ...