Japan Financial News

Asian stocks rose to a seven-month peak on Friday, tracking global peers as investors cheered the prospect of an imminent rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure. Japan remained an outlier as expectations mount that the Bank of Japan (BOJ) could finally exit negative interest rates this month. That lit a fire under the yen and sent domestic bond yields rising.

defence partnership, including in the area of defence equipment while agreeing for wider participation of Japanese SMEs in India’s growth story. The two sides also reviewed their defence and economic partnership at the foreign minister-level strategic dialogue held in Tokyo. “We have made good progress in our defence and security relations, which we both welcomed. Today, just as we are meeting here in Tokyo, the Indian Army is conducting a joint exercise with the Japanese Self Defence Force, in Rajasthan. The three branches of our military and Coast Guard are productively engaged with their Japanese counterparts, with greater ease through the newly operationalised reciprocal partnership arrangement. There have been exchanges about cooperation possibilities in the areas of jointness, and new domains like cyber and space. We also took stock of the progress in our defence equipment and technology cooperation framework,” Jaishankar said in his remarks to the press following the meeting.

TOKYO (Reuters) — Japanese consumer spending in January fell by the most in 35 months, government data showed on Friday, although an internal affairs ministry official said the number did not necessarily reflect an overall trend of declining consumption.

A United Airlines jetliner that lost a tire on takeoff has made a safe emergency landing in Los Angeles

By Jamie McGeever

NEW DELHI : India’s foreign minister S. Jaishankar urged Japanese companies to consider “Make in India" initiatives as well as export from India to global markets, during the Raisina Roundtable in Tokyo. Jaishankar is on a three-day visit to Japan to meet with his Japanese counterpart Yoko Komikawa.

Benchmark U.S. crude oil for April delivery rose 98 cents to $79.13 per barrel Wednesday

BENGALURU : Bengaluru: Multinational companies (MNCs) have been selling stakes in their Indian businesses citing high market valuations to use the proceeds for a host of purposes including debt repayment. Over the last month, Conagra Brands announced the sale of its controlling stake in India’s Agro Tech Foods (ATFL), long-time investor British American Tobacco (BAT) indicated it would sell a partial stake in ITC while Japan's Sumitomo Wiring Systems sold 4.4% stake in Samvardhana Motherson International.

Investing.com-- The Japanese yen rose to a one-month high on Thursday amid growing conviction that the Bank of Japan was close to raising interest rates, while the dollar curbed recent losses as Federal Reserve officials presented mixed cues on interest rates. 

Investing.com-- Most Asian stocks fell on Thursday as Federal Reserve officials offered differing signals on U.S. interest rates, while Japanese shares slid from record highs amid speculation over a Bank of Japan pivot.

TOKYO (Reuters) — Japan's largest industrial labour group said on Thursday that 25 of its member unions have so far had their wage demands met in full from management, agreeing to raise full-time workers' pay 6.7% during annual wage talks that end next week.

By Stella Qiu

By Leika Kihara

NEW DELHI : A World Bank agency is prepared to stand guarantor for up to $8 billion of loans taken by state-owned infrastructure builders and local government bodies, a move that could attract private capital in a whole range of public projects. In an interview, Junaid Kamal Ahmad, vice-president, operations at the bank’s Multilateral Investment Guarantee Agency (MIGA), said the agency’s focus on underwriting loans aligns with India’s infrastructure development strategy at the national and sub-national levels, covering sectors like logistics, transport, electricity and water.

Japan’s Daiwa Securities has decided to acquire a 10% ownership stake in Singapore-based crypto startup Penguin.

Benchmark U.S. crude oil for April delivery fell 59 cents to $78.15 per barrel Tuesday

said, "...many things come to our minds whether we should repeat such a mission or bring samples or will we do a type of mission different from what others did. This question is still being debated and discussed." ALSO READ: Chandrayaan 3: What is India's mission to moon? Why is it important? Sonamath explains how the next lunar mission will be more challenging than Chandrayaan 2 and 3: 1. Somanath said there's a need for multiple launchers for this mission.

Crisil, in its India outlook report, projected that the Indian economy is poised for substantial growth in the upcoming fiscal year, forecasting a GDP growth rate of 6.8 percent. This indicator, the GDP growth rate, measures the year-over-year or quarterly change in a nation's economic output, offering insight into the pace of economic expansion.

Japanese police officers have arrested a teenage high schooler on suspicions of operating an illegal Litecoin (LTC) exchange.

Investing.com-- Most Asian currencies moved little on Wednesday, while the dollar steadied from recent losses as markets hunkered down in anticipation of more key cues on U.S. monetary policy. 

By Leika Kihara and Takahiko Wada