Japan Financial News

Japan's All Nippon Airways returned to its departure airport on Saturday after a crack was found on the cockpit window of the Boeing 737-800 aircraft midair, a spokesperson for the airline said. Flight 1182 was en route to Toyama airport but headed back to the Sapporo-New Chitose airport after the crack was found on the outermost of four layers of windows surrounding the cockpit, the spokesperson said, adding there were no injuries reported among the 59 passengers and six crew. The aircraft was not one of Boeing's 737 MAX 9 airplanes. These have been in the spotlight after a cabin panel broke off a new Alaska Airlines jet in mid-air last week. «The crack was not something that affected the flight's control or pressurisation,» the ANA spokesperson said. The U.S.

WMO) has officially confirmed that 2023 is the hottest year on record by a huge margin, smashing global temperature records. The yearly average global temperature approached 1.5 degrees Celsius above pre-industrial levels, which is significant because the Paris Agreement on climate change aims to limit the long-term temperature increase to no more than the same amount. According to the agreement, the long-term increase is calculated as an average over decades rather than an individual year like 2023.

HANOI — Vietnam is set to achieve a 6% growth in its gross domestic product (GDP) for the year 2024, a target that aligns with the projections made by HSBC and the expectations of the National Assembly. The Southeast Asian nation is experiencing an economic upswing, buoyed by substantial foreign direct investment (FDI) inflows, which saw $36.6 billion registered and $23.2 billion implemented in the preceding year.

Japan has successfully launched a rocket carrying a government intelligence-gathering satellite on a mission to watch movements at military sites in North Korea and improve natural disaster response

REC Ltd on Friday said it has raised JPY (Japanese Yen) 61.1 billion (about Rs 3,500 crore) by issuing green bonds. Proceeds from the issue of the Bonds will be applied to finance the eligible green projects in accordance with the company's Green Finance Framework, the RBI's ECB guidelines and the approvals granted by it from time to time, a statement said. According to the statement, REC Ltd has successfully issued its inaugural JPY 61.1 billion 5-year, 5.25-year and 10-year Green bonds issued under its USD 10 billion Global Medium Term Notes Programme. The REC Ltd's eleventh venture into the international bond market and inaugural Yen Bond issuance, which is also the first Yen Green Bond issuance by any Indian PSU.

India will become the third largest economy in FY28, finance minister Nirmala Sitharaman said at the recent Vibrant Gujarat summit. This is the view of the International Monetary Fund as well, and is a good thing, but it won’t by itself bring major improvements to the quality of life of the average Indian. Unless India can achieve double-digit growth for a decade or more, GDP per capita will remain low, not just relative to that of larger economies, but to those of middle-income countries as well.

Europe’s governments rushed to borrow money this week, drawing record demand from global investors keen to secure bonds with solid yields while they still can.

Coast Guards of India and Japan held a joint exercise of responding in real-time, rescuing the crew of a distressed vessel off the coast of Chennai on Friday. The joint exercise code-named 'Sahyog Kaijin' on the Bay of Bengal saw the ICGS Shaurya and JCGS Yashima, equipped with advanced equipment, rush swiftly to rescue the crew of MT Matsyadristi and MV Anveshika involved in a simulated collision that resulted in a fire onboard the MT Matsyadristi as well as a crude oil slick. Immediately after receiving the distress call, fast patrol vessels ICGS Annie Besant and ICGS Rani Abbakka surged forward to commence the rescue operation.

Europe’s governments rushed to borrow money this week, drawing record demand from global investors keen to secure bonds with solid yields while they still can.

The Japanese brokerage and financial services firm, Monex Group, has announced a significant move in the cryptocurrency sector. It plans to acquire a majority stake in 3iQ Digital Holdings, a Canadian digital asset investment fund manager. This acquisition is priced at $39.8 million, marking a pivotal moment for Monex Group in its journey to expand its crypto business​​​​.

markets from Ankur Banerjee After the fake post comes the real thing. The long-mooted and eagerly anticipated exchange traded funds (ETFs) to track bitcoin got the official go-ahead at last, sending the crypto world into a celebratory mood at what it sees as a game-changer. The 11 applications, including from BlackRock, Ark Investments/21Shares, Fidelity and Invesco, were approved by the U.S. Securities and Exchange Commission, with most of the products expected to start trading on Thursday. Estimates of first-year inflows vary widely, from $5 billion to $100 billion. These ETFs grant wider access but whether the famously volatile cryptocurrency is accepted by a bigger investor base remains to be seen.

By Stella Qiu

exported over 5m cars in 2023, exceeding the Japanese total. China’s biggest carmaker, BYD, sold 0.5m electric vehicles (EVs) in the fourth quarter, leaving Tesla in the dust. Chinese EVs are so snazzy, whizzy and—most important—cheap that the constraint on their export today is the scarcity of vessels for shipping them.

Investing.com-- Most Asian stocks moved in a tight range on Friday as investors digested mixed inflation readings from the U.S. and China, while Japan’s Nikkei 225 index continued to blaze past its global peers.

Investing.com-- Most Asian currencies tread water on Friday, while the dollar saw little strength as traders looked to U.S. interest rate cuts this year despite a stronger inflation reading for December.

This year’s scores on the Henley Passport Index, which tracks how easily people can travel abroad, are out. For the past five years, Singapore and Japan have been contenders for the honour of issuing the most powerful passports, granting their holders access to more of the world’s countries without a prior visa than others.

₹400 crore in India. Film Salaar, featuring Baahubali-famed actor Prabhas, earned ₹90 crore on its opening day. Salaar: Part I Ceasefire was released on 22 December 2023, a day after Shah Rukh Khans's film Dunki.

Asian shares were cautious on Friday as the escalating conflict in the Red Sea region sent oil prices surging, while slightly higher-than-expected U.S. inflation data did not dent investors' views on early and aggressive rate cuts in the U.S. and Europe.

An industry association reports that China’s auto exports surged 63.7% in 2023 while sales at home rose 4.2%

A public inquiry into a British Post Office scandal that led to the wrongful convictions of more than 900 branch managers has resumed

NEW DELHI : Data center and IT infrastructure provider NTT is massively expanding its presence in India, which it considers to be both geopolitically stable and the world’s fastest growing data center market. The company has eight new data centres under construction in India, which would add to its 14 existing centres in the country. India also offers a large pool of talent and revenue growth opportunity, which will further expand with the advent of AI and GenAI, NTT Global Data Centers chief executive and president Doug Adams said while launching the company’s first data centre in Noida, Uttar Pradesh on Thursday.