Japan Financial News

₹7,600 crore (or $222 million) semiconductor facility in Sanand, Gujarat, as part of India's chip push. The Union Cabinet on February 29 approved the establishment of three semiconductor plants with a combined investment of ₹1.26 lakh crore. To encourage domestic manufacturing of semiconductors, the government is also offering incentives amounting to ₹76,000 crore.

Indian equity indices traded with gains on Friday, as faster-than-expected domestic economic growth and in-line U.S. inflation data boosted sentiment. The BSE Sensex was trading 405 points or 0.56% lower at 72,905. Nifty50 was trading at 22,119, up 139 points or 0.63% at around 9.20 am.

Read the full story here.)Sensex Today Live : India’s GDP data for the third quarter of Financial Year 2023-24, released by the Statistics Ministry on February 29, revealed an unexpected 8.4% growth in the economy during the October-December quarter of FY 24. Economists were taken aback by this surge as they had estimated lower growth due to a slight decrease in government expenditure, sluggish industrial output growth, and an irregular monsoon during the third quarter.

Japan birth rate hit record low levels amid depopulation fears, Elon Musk reacts U.S. District Judge Charles Breyer was skeptical that when the nonprofit entered the standard user contract governing all Twitter and X users, it could have foreseen that Musk would buy Twitter for $44 billion in 2022 and welcome back users it had banned for posting hateful content. "You're telling me ...

export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.

Sensex gained 195.42 points, or 0.27%, to close at 72,500.30, while the Nifty 50 settled 31.65 points, or 0.14%, higher at 21,982.80. “Recent global economic data releases pushed investors back after a rally that was seen recently. Further, the US Fed’s preferred inflation gauge, personal consumption expenditures (PCE), holds key importance from an interest rate perspective.

number of births, the number of marriages in Japan dipped 5.9% to 489,281 in 2023. As per news agency Reuters, this is the first time in 90 years that the number of marriages in a year dropped below 5,00,000. A spokesperson of the Japanese government said that the administration is ready to implement "unprecedented measures" to address the diminishing birth rate.

The Nikkei stock index recorded last week its first new high in 34 years, a fitting tribute to Japan’s re-emergence as a genuinely exciting economy. It also comes amid mounting evidence that Japan has finally broken the hold of deflation. Inflation in January was 2.2%, the 22nd month above 2%.

Benchmark U.S. crude oil for April delivery fell 33 cents to $78.54 per barrel Wednesday

Japanese authorities say they had to abandon plans to send in drones for a second day to probe one of the damaged reactors at the Fukushima Daiichi nuclear power plant because of equipment failure

The Bank of Japan sent one of the strongest signals yet that the end is near for its negative interest rate policy — an event for which the market is underprepared.

% growth in the December quarter, attributed mainly to a robust growth in manufacturing and construction sectors, as it maintained its status as the world's fastest-growing major economy. However, the growth during the fiscal third quarter period was a major step up from the 4.4% recorded in the corresponding period of the previous fiscal year.

The cult franchise Drishyam is all set to go global after garnering massive success in the India and China markets. Producers Kumar Mangat Pathak and Abhishek Pathak announced the Korean remake of the thriller franchise at the Cannes Film Festival 2023, and now they have announced the franchise’s new milestone. Panorama Studios have joined hands with Gulfstream Pictures and JOAT Films to make Drishyam in Hollywood. Gulfstream Pictures, co-founded by Mike Karz and Bill Binley, have produced the romantic comedy Blended, which reunited Adam Sandler and Drew Barrymore, and the workplace comedy Upgraded, starring Camila Mendes, Marisa Tomei and Lena Olin.

Real-time data platform Aerospike has appointed Khushal Bhansali as its country head for India and South Asia. In his new role, Bhansali will lead Aerospike's business operations for these markets, focusing on expanding the company's presence, driving growth, and delivering exceptional customer service.

(Reuters) — Japanese stocks experienced a slight outflow of foreign capital last week, following a series of robust purchases in previous weeks.

BENGALURU (Reuters) -Japan's SoftBank (TYO:9984) Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83% from 5.01%, an exchange filing showed on Thursday.

By Tom Westbrook

Investing.com-- Most Asian stocks moved in a flat-to-low range on Thursday in anticipation of more cues on U.S. interest rates from key inflation data, while Chinese markets rebounded from heavy losses in the prior session. 

QUAD continues the momentum of its past three years under India's presidency in 2024, the White House has said. «The president (Joe Biden) is incredibly proud of the progress QUAD has made over the past three years,» White House Press Secretary Karine Jean-Pierre told reporters at her daily news conference on Wednesday. Members of the QUAD — the US, Australia, India and Japan — had held their first summit at the White House in March 2021. «The (QUAD's) anniversary is coming up and we are hoping to continue that momentum in 2024, under India's host year, as you just stated. And, we are talking about not just the United States, obviously, India, Japan and Australia,» Jean-Piere said in response to a question.

Investors often find dividends attractive, but it's not wise to base stock purchases solely on high dividend yields. While dividends can be a bonus, they shouldn't be the primary reason for buying stocks.

Japan is a global leader in compliant crypto payment services, according to a report published today by independent finance news outlet FinanceFeeds.