Japan Financial News

Investing.com — European stock markets traded in a mixed fashion Monday, with risk appetite subdued at the start of a week that includes the release of key inflation data from the U.S., Japan and China. 

Hitachi Payment Services on Monday said it has completed the acquisition of Writer Corporation’s cash management business and renamed it as Hitachi Cash Management Services in line with the Japanese company’s single brand identity. Industry veteran Anup Neogi will be the new managing director and chief executive officer of Hitachi Cash Management Services, the company said in a statement on Monday. Hitachi Cash Management Services would be a wholly owned subsidiary of Hitachi Payment Services, an end-to-end payments and commerce solutions provider. This acquisition will enhance Hitachi Payment Services’ market position as a holistic provider of payments and commerce solutions. Sumil Vikamsey, managing director and CEO, cash business at Hitachi Payment Services, said, “Anup's exceptional career trajectory and extensive experience in the cash management space makes him an exemplary leader, poised to steer the company towards new heights of success." “I am delighted to lead Hitachi Cash Management Services during this dynamic phase of growth and innovation in the payments space,” said Neogi. Hitachi Cash Management Services would offer ATM Cash Replenishment Services to financial institutions and Retail Cash Management (RCM) services to retail outlets.

After closing 2023 on a high, the Indian equity market saw a slow start to 2024. In the week that ended 5 January, the benchmark Nifty 50 index was down 0.1% week-on-week in local-currency terms.

By Wayne Cole

A look at the day ahead in European and global markets from Wayne Cole.

Investing.com-- Most Asian currencies fell on Monday, while the dollar steadied near three-week highs as stronger-than-expected U.S. payrolls data saw traders scale back bets that the Federal Reserve will cut interest rates early. 

Investing.com-- Most Asian stocks fell on Monday after a surprise jump in U.S. nonfarm payrolls saw markets rethink expectations for early interest rate cuts, with focus now turning to a string of key inflation readings this week.

Sensex closed the day 178.58 points, or 0.25%, higher at 72,026.15, while the Nifty 50 settled at 21,710.80, up 52.20 points, or 0.24%. Also Read: Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week “Healthy pre-quarterly business updates indicate that the earnings growth momentum is likely to continue in Q3 as well. Overall we expect markets to remain in a positive range.

Sensex Today | Share Market Live Updates: Indian stock indices are expected to open flat on Monday as indicated by trends in Gift Nifty. The markets are likely to be significantly influenced by the upcoming quarterly earnings from major IT companies like TCS and Infosys, as well as global market trends.

By Rae Wee

REC, one of the largest state-sponsored infrastructure financiers, will launch an offering of Yen bonds this week to raise at least Rs 2,500 crore, according to people aware of the matter. It has filed offering details with stock exchanges in Tokyo, London, Singapore and New York. REC has opted for a Regulation S offering which will make it compliant with US laws without the need for the company to register with the stock market regulator there.

₹50 trillion for the first time in November last year. Many factors have contributed to it. The pace of new orders has been slower than in previous months.

Japan skipper Yuri Nagai on Sunday said they made a few changes to their squad following a heart-breaking loss to India in the Asian Champions Trophy final and picked themselves as a top contender for the Women's Olympic qualifiers. Japan and New Zealand, the final two remaining teams, arrived here on Sunday for the highly-anticipated Olympic Qualifiers beginning on January 13. «Among the Asian representatives, Japan and India are the sole contenders in this tournament.

Generative AI (GenAI) is likely to assume 30% of traditional marketing's mundane tasks by 2027 in the Asia-Pacific region excluding Japan, suggests a new report from IDC. GenAI will take over jobs like SEO, content and website optimisation, customer data analysis, segmentation, lead scoring, and hyper-personalisation, according to the report.

Uber stated to the publication that they are currently experimenting with this feature in select Tier 2 and 3 markets in India. As per a report from India Today, Uber Flex introduces a range of nine pricing choices for riders when booking a ride, departing from the conventional dynamic pricing model. Within these options, one price is designated as the default or starting price.

This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes.

Also Read |Japan earthquake toll hits 62; thousands sheltered, rescue ops on amid aftershocks: 10 updates For additional context, a tweet from USGS Earthquakes earlier in the day mentioned a morning earthquake with a magnitude of 4.1 near Lytle Creek, specifically noting its proximity to the intersection of the San Jacinto fault and the San Andreas fault. The tweet included a cautionary statement, stating a one-in-20 chance of a larger earthquake occurring in the next few days.

Two private companies are aiming to get the U.S. back in the moon-landing business, more than five decades after the Apollo program ended

The swift and safe evacuation of a Japan Airlines jet that caught fire after hitting a Coast Guard aircraft while it was landing Tuesday at Tokyo’s Haneda airport reflects the carrier's dogged dedication to safety, born of hard experience

Asian shares are mostly lower after a mixed finish on Wall Street, although export-related Tokyo stocks got a boost from a strengthening dollar

Of the firm's 124 equity categories, 19 returned a net negative performance in 2023, with the bottom ten dominated by Asia exposures.