Japan Financial News

AUKUS security pact this week.AUKUS, formed by the three countries in 2021, is part of efforts to push back against China’s growing power in the Indo-Pacific region by focusing on military modernization through new technologies. The trio announced Monday it will begin consultations this year on collaborating with “prospective partners” around the world as part of its second phase, specifically mentioning Japan as an ally it is considering working with.Not mentioned was Canada, despite the federal government saying it is considering joining the pact Prime Minister Justin Trudeau in 2021 described as “a deal for nuclear submarines, which Canada is not currently or any time soon in the market for.”Speaking to reporters Monday as his government announced its long-awaited defence policy update, Trudeau said Canada was already talking with AUKUS members about working with the alliance and potentially even joining it as a member.“I think it’s really important that allies, particularly across the Indo-Pacific, work together in stronger and tighter ways, and those Canadian conversations with our partners will continue,” he said.But AUKUS members have already poured cold water on the idea of expanding the alliance beyond the core trio — and experts say even if that is possible, Canada is unlikely to be invited.“The United States and Canada are already so closely aligned that AUKUS could become CANAUKUS pretty easily, but it’s not.

yen weakened on Wednesday, pushing the dollar to its highest against the Japanese currency since 1990, with markets alert to any signs of intervention from the Japanese authorities to prop the yen. This followed latest US. inflation data.

The New York Stock Exchange is actively engaged with a pipeline of Japanese companies, some of which may consider a US listing over the next 18 months, according to the bourse’s vice chairman.

The women’s NCAA championship game drew a bigger television audience than the men’s title game for the first time, with an average of 18.9 million viewers watching undefeated South Carolina beat Iowa and superstar Caitlin Clark

Japanese Prime Minister Fumio Kishida has begun his much-anticipated visit to Washington

SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF, SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF and SPDR Bloomberg China Treasury Bond UCITS ETF will be delisted from Borsa Italiana on 10 July. On 10 May, SPDR MSCI EM Asia UCITS ETF will be removed from Euronext Paris and SPDR MSCI Japan EUR Hdg UCITS ETF will be taken off the London Stock Exchange. Fidelity Investments imposes fee penalty on ETF investors for non-compliant issuers SSGA said it regularly reviews the exchanges ETFs are listed on and in a recent review, decided to delist the funds to «concentrate liquidity» o...

Nippon Steel Corp. executive sat the one man who now appeared to have the fate of the $14 billion deal in his hands: David McCall, head of the United Steelworkers union. The Japanese bid to take over United States Steel Corp. had widely been viewed as a slam-dunk offer — the only sticking point was winning over the union and, in turn, its political leverage. Mori assured McCall that Nippon Steel would offer commitments to invest more than $1 billion in the iconic American company while also promising no idling of plants and, most importantly to its workers, no immediate layoffs.

The main market focus on Wednesday is U.S. consumer price inflation for March, which traders have been eagerly awaiting for hints on the Fed's policy outlook.

Asian stocks were muted as investors kept watch for possible intervention by Japanese authorities to stop the yen's decline and awaited U.S. inflation data later on Wednesday for clues to future interest rate moves. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2%, after U.S. stocks ended the previous session with mild gains. The index is up 0.2% so far this month.

Sensex fell 58.80 points, or 0.08%, to close at 74,683.70, while the Nifty 50 index settled 23.55 points, or 0.1%, lower at 22,642.75. “We expect the uptrend to continue amid healthy Q4 business updates and strong macro data. With the start of the result season, stock-specific action is likely to continue in the market.

Japan last weekend, U.S. national security adviser Jake Sullivan said on Tuesday, ahead of U.S. summits this week with the Japanese and Philippine leaders. Warships from the four nations staged the exercises on Sunday following stepped up Chinese pressure on the Philippines in the disputed strategic waterway. U.S. President Joe Biden hosts Japanese Prime Minister Fumio Kishida in Washington on Wednesday and the two and Philippines President Ferdinand Marcos will meet on Thursday for talks that will include ways to push back against China.

BEIJING — China needs to convince people that home prices are on their way up in order for economic activity to pick up, Richard Koo, chief economist at Nomura Research Institute, told CNBC's Steve Sedgwick last week.

Parasyte: The Grey" to Netflix has generated significant buzz, signaling another promising success for Korean drama enthusiasts on the popular streaming platform. Viewers on Netflix are curious to know whether there will be «Parasyte: The Grey» season 2 or not. «Parasyte: The Grey» stands as a riveting South Korean horror series, offering viewers a live-action rendition of Hitoshi Iwaaki's acclaimed Japanese manga, Parasyte. Renowned filmmaker Yeon Sang-Ho, known for his directorial prowess in Train to Busan and as the creator of Hellbound, helms this captivating series as its director.

Web3 infrastructure provider Metaplanet (3350) has seen a surge in its Tokyo-listed stock by nearly 90% within just two days after adding $6.56 million worth of Bitcoin (BTC) to its balance sheet. 

NEW DELHI : Even as India accelerates towards a greener future with an ambitious target for two-wheeler electrification by 2030, Yamaha Motor India is steering towards a more conservative course. Anticipating a 20% adoption rate for electric scooters by the end of the decade, the local arm of Japan's Yamaha Motor Co.

metals prices extended their gains on Tuesday with expectations of a worldwide manufacturing rebound, while Asian shares crept up a little more cautiously ahead of this week's U.S. inflation data and a crucial European Central Bank meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%. Japan's Nikkei rose 0.6%.

«It is anticipated that a bullish momentum will prevail in the index, and the rally could further extend to 23,000 levels. Short-term support levels for the Nifty exist at 22,700 and 22,620 levels, while resistance stands at 22,800 and 22,900 levels,» said Asit C, Mehta Investment.

Sensex surged 494.28 points, or 0.67%, to end at 74,742.50, while the Nifty 50 settled 152.60 points, or 0.68%, higher at 22,666.30. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 9 “After a stellar FY24, Indian equity markets continue to march higher into new territory. Hopes of a favourable outcome from the ensuing general elections and the subsequent policy thrust are keeping sentiments upbeat.

The new president of Toyota subsidiary Daihatsu says its parent company will oversee model certification to regain trust after a safety testing scandal

HUDCO) is looking to tap East Asian countries such as Singapore and Taiwan to raise funds this fiscal year after a similar successful exercise in Japan, chairman and managing director Sanjay Kulshrestha told ET. «Japan was the maiden attempt to raise funds via external commercial borrowing, and we have been received very well. There is a good arbitrage; we are getting funds at 6.5%-80-100 bps lesser than the domestic funds,» said Kulshreshta, noting that the company's fundraising may surpass its original aim. HUDCO was planning to raise $100 million from Japan but is confident of landing nearly double that amount. Kulshreshta, who took charge of HUDCO last year, said the company may even tap the US market after the Fed initiates rate cuts.

Crunchyroll is releasing a new anime show "Kaiju No 8". The new anime show comes amidst the rampaging box-office performance by "Godzilla x Kong: the New Empire", as per a report in dexerto. Kaiju No 8 will be released on Crunchyroll on April 13.