Japan Financial News

ALSO READ: Could Jupiter's icy moon support life? NASA's new mission explained in 5 points A detailed inspection of the new Webb image has revealed that this red glowing dust is associated with hot plasma. “M82 has garnered a variety of observations over the years because it can be considered as the prototypical starburst galaxy," Alberto Bolatto, team leader and University of Maryland researcher, said in a statement.

Blackstone, an investment firm, bought for $605m in 2014—only to default on its mortgage in 2022. Soaring above Grand Central station is the iconic Helmsley building. Its mortgage was recently sent to “special servicing" (it may be restructured or its owner may simply default).

Shares in Japanese banks and brokerages slid following lacklustre earnings reports from the likes of JPMorgan Chase and Wells Fargo, while local chip-sector stocks also tracked their U.S. peers lower.

The dollar scaled a fresh 34-year high against the yen on growing expectations that sticky inflationary pressures in the United States will keep rates there higher for longer.

Read here: Week Ahead: Q4 Results, macro data, Israel-Iran conflict, global cues among key market triggers this week On Friday, the Indian stock market indices ended a percent lower each dragged by selling across the board amid weak global cues. The Sensex plunged 793.25 points, or 1.06%, to close at 74,244.90, while the Nifty 50 settled 234.40 points, or 1.03%, lower at 22,519.40. “Indian equities could see temporary short-term headwinds from the US Fed easing being pushed into CY25 and hardening commodity prices due to adverse geopolitics.

Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms.

Demon Slayer" has become the best-selling manga of 2023, edging past the nearest competitors "One Piece" and "Chainsaw Man". «Demon Slayer» emerged victorious in two categories — single volume sales in which the manga outshone «Chainsaw Man» and overall numbers wherein it defeated «One Piece», as per a report in dexerto. There were 148,468 copies of Demon Slayer Vol 1 sold against 140,106 copies of Chainsaw Man Vol 1. Overall, «Demon Slayer» sold 2,000,000 copies against selling of 1,900,000 copies of «One Piece».

Glenmark Pharmaceuticals is recalling 6,528 bottles of a medication used to treat high blood pressure in the American market due to failed dissolution specifications, the US health regulator said. The US-based arm of the Mumbai-headquartered drug firm is recalling the affected lot of Diltiazem Hydrochloride extended-release capsules, the US Food and Drug Administration said in its latest Enforcement Report. The affected lot has been produced in India and is being recalled by New Jersey-based Glenmark Pharmaceuticals Inc for «failed dissolution specifications», the USFDA said. «Out of Specification (OOS) was reported in a test of dissolution at the 12th month time point in long-term stability study,» it noted.

Israel, Italy — which holds the rotating presidency of the group of developed nations — said. «The Italian presidency of the G7 has summoned G7 leaders for a video conference early this afternoon», the government said as Prime Minister Giorgia Meloni condemned the attack and said she feared «destabilisation of the region».

The first drug shown to slow Alzheimer’s hit the U.S. market over a year ago, but sales have lagged and diagnosis and treatment remain complicated

U.S. Steel shareholders have overwhelmingly approved the firm’s sale to Nippon Steel of Japan for $14.1 billion in cash, voicing unequivocal support for a combination that has drawn opposition from the Biden administration on economic and national secu...

Benchmark U.S. crude oil for May delivery rose 64 cents to $85.66 per barrel Friday

U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors

Japanese Prime Minister Fumio Kishida is cementing economic links and cultural amity with North Carolina by visiting the Tar Heel state after a few days in Washington focused on global security issues

Philippines, the United States and Japan will change the dynamic in the South China Sea and the region, Philippine President Ferdinand Marcos Jr. said on Friday, while seeking to assure China it was not a target. «I think the trilateral agreement is extremely important,» Marcos told a press conference in Washington a day after meeting President Joe Biden and Japanese Prime Minister Fumio Kishida in the nations' first trilateral summit. «It is going to change the dynamic, the dynamic that we see in the region, in ASEAN in Asia, around the South China Sea,» Marcos said, referring to the Association of Southeast Asian Nations.

markets retreated despite a tech-fueled rebound on Wall Street the day before. Oil prices were higher. The future for the S&P 500 slipped 0.1% while that for Dow Jones Industrial Average edged 0.1% higher.

The dollar index was on track to post its largest weekly percentage gain since September 2022. It was last up 0.7% at 106.02.

Mitsubishi UFJ Financial Group Inc (MUFG), the world's second-largest bank holding company, is in advanced negotiations to buy a 20% stake in HDB Financial Services (HDB), a non-banking subsidiary of HDFC Bank, at a $9-10 billion valuation, said people aware of the matter. Once finalised, the $2 billion investment will be among the largest financial services sector deals involving lenders of the two countries. It will also unlock value for parent HDFC Bank, India's largest bank by market capitalisation, which has been dealing with synergy issues following the $60 billion merger with housing loan parent company HDFC Ltd.

The U.S. and Japan have outlined plans to invest in infrastructure, semiconductor and nickel projects in the Philippines as the three countries seek to deepen ties amid tensions with China. The initiatives, outlined in a joint statement by the countries’ leaders late Thursday, were announced as Philippine President Ferdinand Marcos Jr.

MUFG) is buying a 20% stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank at a $9-10 billion valuation, ahead of its proposed IPO, said people aware. The final decision is likely to take place next week at the HDFC Bank board meeting, said people in the know. Once announced this will be among the largest deal in the shadow banking space in India. HDFC Bank owns around 95% of the shadow bank and employees own 5% as ESOPs. The discussions have been ongoing for years but gathered momentum in the last few weeks. The deal is being done at 5 times book value.

Three sailors were rescued from a deserted island in the Pacific Ocean after writing out the word “HELP” in palm leaves on the beach. After a week on the island, their signal for help was finally spotted by a U.S. Navy plane assisting in the search for the missing men.