Japan Financial News

Japanese automaker Toyota today announced the launch of Urban Cruiser Taisor in India. The Taisor, which is based on the Maruti Suzuki Fronx, has been priced at Rs 7.73 lakh onwards. This is the sixth model to be shared between the Maruti — Toyota partnership. The Toyota Taisor has been launched in two iterations with 1.0L turbo petrol engine and 1.2L petrol engine. The 1.2L version comes in manual and AMT versions with the top model costing Rs 9.52 lakh (ex-showroom). Toyota is also offering a CNG version of it. The 1.0L model's price starts from Rs 10.55 lakh and goes up to Rs 13.03 lakh — both ex-showroom.

earthquake off the coast Taiwan with a magnitude of 7.2 rocked the entire island on Wednesday morning, collapsing buildings in a southern city and creating a tsunami that washed ashore on southern Japanese islands.Taiwan television stations showed footage of some collapsed buildings in the lightly populated eastern city of Hualien, near the quake’s epicentre, and media reported some people were trapped. A five-story building appeared heavily damaged, collapsing its first floor and leaving the rest leaning at a 45-degree angle.In the capital, Taipei, tiles fell from older buildings and within some newer office complexes.

earthquake hit Taiwan's east coast, Reuters reported citing Taiwan's fire department on Wednesday. Meanwhile, a tsunami warning issued for Miyakojima and Okinawa islands in Japan following a powerful earthquake in Taiwan has been downgraded from a warning to an advisory, CNN reported citing Japan's Meteorological Agency.

dollar was on the front foot on Wednesday, pinning the yen near its lowest its decades though the heightened threat of currency intervention by Tokyo capped further declines in the Japanese currency. The yuan was steady after a private-sector survey showed that China's services activity growth accelerated in March, in a sign sentiment was staging a tentative recovery in the world's second-largest economy.

Read the full story here.)Sensex Today Live : Indian stock markets were likely to open on a negative note, tracking falls in global peers as markets digested the risk of a longer wait for rate cuts by the US Federal Reserve.The Gift Nifty futures, at 22,455, at 7:56 am, were below Tuesday's Nifty 50 close of 22,453.30, indicating a slow start for Indian benchmarks.Asian shares tracked Wall Street lower on Wednesday as U.S. yields held near four-month highs, while a powerful earthquake in the region raised concerns about possible disruptions to the vital chip-making industry.Markets are also pondering the risk of slower rate cuts ahead of U.S.

Benchmark U.S. crude oil for May delivery rose $1.44 to $85.15 per barrel Tuesday

Sensex fell 110.64 points, or 0.15%, to close at 73,903.91, while the Nifty 50 settled 8.70 points, or 0.04%, lower at 22,453.30. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 3 “We are seeing renewed optimism in the broader market in the mid & small cap stocks after the sharp correction over the past few months. There is a lot of money waiting on the sidelines to be invested in medium enterprises amid easing valuations and hopes of strong economic growth going ahead," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

Flights were suspended at the main airport in Japan's southern region of Okinawa on Wednesday due to a tsunami alert triggered by an earthquake in Taiwan, a government official said. Operations at Naha Airport were suspended from 9:25 am local time (0025 GMT) as a precautionary measure, a transport ministry official stationed at the airport told AFP.

Okinawa. "Tsunami waves of up to 3 meters were expected to reach large areas of Japan's southwestern coast," according to the Japan Meteorological Agency, which put the quake magnitude at 7.5, as per Reuters report. Additionally, a powerful earthquake with a magnitude of 7.2 struck offshore Taiwan on the same day, shaking the capital city of Taipei and prompting tsunami warnings for the islands of southern Japan and the Philippines.

PTI. Though the minister said that it was 'inevitable', he called for heightened efforts to achieve the goal. Jaishankar pointed out that the international momentum is now favouring India's bid for a permanent seat. Addressing intellectuals in Rajkot, the external affairs minister said India needs diligent work to secure the coveted position in the world peace body.

Average daily turnover in NSE's equity cash segment sees massive fall in March but gains 98% in FY24 “The weakening of the Yen, especially to a 34-year low, can have significant impacts on various sectors in India, particularly the automotive industry. The automotive industry is growing in India, and many Indian companies are collaborating with Japanese companies for technology exchange and components," said CA Krishnan R, Director & CEO of Unimoni Financial Services Limited. Krishnan further highlighted that Maruti Suzuki India Limited (MSIL), which is country's largest passenger car maker, is expected to the biggest gainer.

A key Japanese central bank report says that sentiment among big manufacturers has sagged but optimism hit a three-decade high among large business outside the manufacturing sector

Benchmark U.S. crude oil for May delivery rose 54 cents to $83.71 per barrel Monday

After a blistering run to record highs, Japanese stocks may be running out of catalysts in the near term. The benchmark Nikkei Stock Average last month climbed above 40000 for the first time ever, driven by earnings growth, a weaker yen and improvements in corporate governance, including more share buybacks. With a 21% gain in the first quarter, the index was the best-performing major market globally.

Chinese stocks ended slightly lower on Tuesday, as sentiment remained muted between optimism over improved manufacturing activity data and hopes for more stimulus measures. Hong Kong stocks rose, led by energy and technology shares. Xiaomi was under the spotlight, with its shares surging as much as 16%, as the electronics maker's sporty electric vehicle launched last week drew strong interest. ** At the close, the Shanghai Composite index was down 0.08% at 3,074.96, while Hong Kong's main Hang Seng index was up 2.36% ** The blue-chip CSI300 index was down 0.42%, with its financial sector sub-index lower by 0.34%, the consumer staples sector down 0.65%, the real estate index down 3.48% and the healthcare sub-index down 1.28%.

exchange-rate volatility, repeating his warning to yen bears as Tokyo tries to prevent a destabilising fall in the currency. Suzuki stopped short of threatening to take «decisive action» against excessive moves, language the minister used last week when the yen slumped to a 34-year low, suggesting officials are keeping their powder dry as they watch how currency moves play out.

Sensex gained 363.20 points, or 0.49%, to close at 74,014.55, while the Nifty 50 settled 135.10 points, or 0.61%, higher at 22,462.00. “The market is expected to continue its positive momentum but the journey could be volatile on the back of elections and Q4 earnings this month. Now all eyes will be on RBI monetary policy due this Friday where status quo is expected but commentary would be keenly watched," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Rise of the Ronin, released on March 22 this year, exclusively for Sony PlayStation 5 is one of the most hyped game this year and may end the year as one of the best-rated games released. The game, developed by Team Ninja, has a vast list of melee weapons, including some primary and secondary weapons. The primary setting of Rise of The Ronin story is based in Edo, also known as Yeddo, which, according to history is a previous name for the city of Tokyo, based in Japan. However, the timeline of the game is not set in modern day, but in the mid 19th century and according to Sony, in the final years of the Edo period. The Boshin War, also considered the Japanese revolution, is one of the primary highlights of the game's storyline which players will be able to play, using some medieval weapons, including some good melee weapons which give you an edge over your formidable opponents.

The general take on India’s rapid economic growth is that it’s powered by the government’s capex push. But a recent report questions this narrative, saying it underestimates the role of consumption. Mint unpacks the investment versus consumption debate.

European and US equity futures rose Monday as US inflation figures did little to alter views that the Federal Reserve will cut interest rates this year.

A post shared by 宮内庁/ Imperial Household Agency (@kunaicho_jp) A video of Naruhito addressing well-wishers during his February 23 birthday celebrations garnered over 21,000 views in less than a day. A post shared by 宮内庁/ Imperial Household Agency (@kunaicho_jp) By Monday evening, their verified account Kunaicho_jp had more than 322,000 followers. A post shared by 宮内庁/ Imperial Household Agency (@kunaicho_jp) So far, the images posted are formally staged photos and videos of Emperor Naruhito and Empress Masako carrying out royal duties at recent public appearances.