Japan Financial News

Investing.com-- Oil prices moved little in Asian trade on Monday after a strong run-up over the past week, with traders now hunkering down before a string of key central bank meetings this week helmed by the Federal Reserve.

Read here: Week Ahead: US Fed Policy, FPI inflows, crude oil prices, global cues among key market triggers this week Meanwhile, escalating global geopolitical risks can weigh on market sentiment after Ukraine attacked Russian oil refineries over the weekend, with drone strikes hitting multiple plants, some of them deep within the country’s territory. On Friday, the Indian stock market indices closed with significant losses as investors resorted to profit-taking as sentiment remained cautious amid persistent concerns over stretched valuations and froth in certain segments of the market. The Sensex slipped 453.85 points, or 0.62%, to close at 72,643.43, while the Nifty 50 ended 123.30 points, or 0.56%, lower at 22,023.35.

By Wayne Cole

By Sam Nussey, Fanny Potkin and Miho Uranaka

By Makiko Yamazaki, Scott Murdoch and Kane Wu

By Jamie McGeever

Investing.com — Central bank decisions will be front and center in what’s set to be an action-packed week as investors attempt to gauge how close the Federal Reserve is to cutting rates. The Bank of Japan appears to be shaping up to exit negative interest rates after months of anticipation. Meanwhile, AI darling Nvidia (NASDAQ:NVDA) is to hold a closely watched developer conference. Here’s what you need to know to start your week.

Let's start with your personal story I attended St. Columba's School in Delhi, with deep roots in the capital city. Spouse holds a degree from IIM Ahmedabad and operates as an independent educational consultant. Proud parent of a final-year student at Yale University and a daughter currently attending class 11 at Cathedral School. Native to Delhi, fostering a profound understanding of the city's dynamics and culture. How did you land up in this job? I was recruited by S Naren at ICICI Prudential Mutual Fund in April 2016 to lead the Investment Research division. Progressively assumed responsibility as a Senior Fund Manager, overseeing select key strategies. Presently serving as Deputy CIO Equity, where my comprehensive macroeconomic perspective steers the investment approach of the fund management team.

geopolitical risk globally which is leading to higher defense budgets b) Indian government policy of “AtmaNirbhar” or depending on self for ones’ requirement and hence domestic manufacturers getting a higher market share in the Country’s capex spent c) The companies now have strong longer term Order books, a good return ratios and promising profit outlook. How has India fared against its global peers? The equity markets world over have been very strong and polarized with the best performing market being Nikkei (Japan) up 16% in just ~75 days in 2024 and MSCI China down 2% a huge differential of 18% for the investor. The Indian market despite being expensive on a relative market seems to be going from strength to strength, with MSCI India up 6%, in line with MSCI World. The mid and smaller cap indices have started showing clinks in their armor, especially small cap which is flat CYTD underperforming the broader indices. This could be largely due to the stupendous performance of 54% in the last year for small cap and 6-0% for midcaps and profit booking.

Federal Reserve in no rush to start lowering interest rates. Industrial production figures illustrated a euro area economy that’s merely limping along. In Japan, speculation intensified for the first rate hike in more than a decade after the country’s largest labor union secured big wage deals. The world of geopolitics continued to evolve, including Ukrainian drone attacks on Russian oil refineries, declining foreign investment in China and US concerns about Beijing’s subsidies for shipbuilders.

Japan's Toyota Tsusho and Secom Medical System on Saturday announced plans to set up a second multi-super specialty healthcare facility under their Sakra World Hospital operations in India at an investment of Rs 1,000 crore. The two partners, which already run a Sakra World Hospital facility in Bengaluru, plan to add another 500-bed new unit at Banaswadi in Bengaluru North. The facility is scheduled for completion by the end of 2026. Sakra World Hospital is also looking to set up at a third unit, which is envisaged to have 300 beds, as part of its plans to add 1,000 beds in the upcoming years. The second facility, to be constructed at an estimated cost of Rs 1,000 crore, will have a 500-bed capacity with a built-up area spanning 6 lakh sq ft, Sakra World Hospital said in a statement. Sakra World Hospital is a collaboration between Japan's healthcare major Secom Medical System and trading conglomerate Toyota Tsusho. «The new facility is the extension of our firm commitment towards fulfilling the healthcare needs of the local and international communities,» said Tatsuro Fuse, Executive Director, SECOM Co Ltd, and Chairman, SECOM Medical System Co Ltd, Japan.

TOKYO (Reuters) — The Bank of Japan is expected to end its negative interest rate policy on Tuesday on substantial wage hikes by big firms in this year's wage negotiations, the Nikkei newspaper reported on Saturday.

The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding the illegal activities of crypto exchange MEXC, which does not comply with current Hong Kong crypto regulations and operates without a license.

(This March 14 story has been refiled to fix a spelling error in the CEO's last name throughout the story)

Nissan and Honda have announced they will work together in developing electric vehicles and auto intelligence technology, sectors where Japanese automakers have fallen behind

The Federal Aviation Administration says it's investigating an incident in which an American Airlines plane flying from Dallas to Los Angeles suffered a tire problem

Stocks that traded heavily or had substantial price changes on Thursday: Under Armour, Lennar fall; Dick’s Sporting Goods, Robinhood Markets rise

Benchmark U.S. crude oil for April delivery rose $1.54 to $81.26 per barrel Thursday

President Joe Biden is opposing the planned sale of U_S_ Steel to Nippon Steel of Japan, saying the U_S_ needs «strong American steel companies powered by American steel workers.”

Fishermen might soon be able to catch thousands of pounds of valuable baby eels for years to come

Investing.com-- The Bank of Japan is set to conclude a two-day meeting this coming Tuesday, with markets focused squarely on whether the central bank will mark an end to its ultra-dovish policies by raising interest rates.