Japan Financial News

index touched a 33-year high, Hong Kong rounded out its fourth straight year of decline and India emerged as a leader in IPOs, Nikkei reported. One of the biggest drivers behind this divergence was disappointment in China's post-Covid recovery. Hong Kong's flagship Hang Seng Index (HSI), which tracks 80 blue chip stocks, has dropped 13.8 per cent this year, its first four-year losing streak since its launch in 1969, Nikkei reported. As investors shift away from greater China, their attention is moving to Japan, India and the tech hubs of Taiwan and South Korea. The major indexes in these markets rose by more than double digits in 2023, with Japan's Nikkei 225 leading the pack at nearly 30 per cent, Nikkei reported. The comeback of Japanese shares was a result of multiple factors, including improved corporate governance, something the country's regulators have been working on for over a decade in hopes of stimulating investment from abroad. BlackRock this month reaffirmed its «overweight» position on Japanese equities for the next six to 12 months.

Mumbai Trans Harbour Sea Link: All you need to know The engineering marvel will take off at Sewri in south Mumbai, crossing over Thane Creek and terminating at Chirle in the distant outskirts of Navi Mumbai. It has been in the making since 2018. Originally expected to be completed in 4.5 years, the infrastructure project was delayed by eight months due to Covid-19 pandemic.

rose around 20 per cent in 2023, logging their second-best year since 2017. D-Street investors added a significant ₹81.90 lakh crore to their wealth in 2023 powered by a stellar rally in stocks. The bull run was supported by sustained domestic mutual fund inflows, foreign capital inflows, better-than-expected economic growth, and robust corporate earnings.

WWE legend who faced off against iconic wrestlers like Hulk Hogan and Andre the Giant, passed away at the age of 76. Known by his ring name Killer Khan, he succumbed to a ruptured artery after being rushed to the hospital around 10pm on Saturday, as per reports in Japan.

organisations have so far confirmed to be partners for the upcoming Vibrant Gujarat Global Summit (VGGS) 2024, the state government said on Saturday. The 10th edition of VGGS, based on the 'Gateway to the Future' theme, will be organised in Gandhinagar from January 10 to 12.

Chandrayaan-3 lander module successfully landed on the moon’s South Pole, making it the first country to have achieved the historic feat. Here's a look at other top 10 breakthrough moments in scientific discoveries and inventions: 1. Can humans reproduce in space? In a first, researchers successfully grew mouse embryos aboard the International Space Station (ISS).

Gujarat became the first state to introduce its semiconductor policy in 2022, with several companies from Japan, South Korea, New Delhi and Bengaluru expressing interest in investing in the sector during events organised ahead of the upcoming Vibrant Gujarat Global Summit 2024, officials said. As per a government release, the state's semiconductor policy aims to play a significant role in the global realignment of supply chains in the strategic sector and raise India's economic position.

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

India’s real estate sector, a rapidly accelerating and dynamic force globally, has demonstrated remarkable resilience and growth in the first half of the year. A comparison of H1 this year with the last reveals a staggering 48% increase in performance among leading developers. The first quarter of this financial year has been particularly exhilarating, with significant consolidation observed. Major players like Prestige, Godrej, and Lodha, with their pan-India presence, are increasingly dominating the market share.

investors, it is important to ensure that market bubbles are avoided through policy, regulation, education and supply of good quality securities, said Uday Kotak, founder, Kotak Mahindra Bank. Outlining a financial sector model for 9% annual growth and a GDP of $30 trillion by 2047 on microblogging platform X, Kotak said on Friday that a tussle between the «saver/borrower» and «issuer/investor» model was currently underway. «Many investors have joined post Covid. They have mainly seen upside.

Premarket trading on Wall Street was mixed on what’s expected to be another quiet day between the Christmas and New Year holidays

South Korea’s top court has ordered a third Japanese company to compensate some of its former wartime Korean employees for forced labor

Asian shares are mixed in muted trading on the last trading day of the year

U.S. stock futures are little changed Friday as the market puts the wraps on a year of surprisingly robust gains

Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ.

tweeted, "Earthquake of Magnitude:4.6, Occurred on 29-12-2023, 22:01:19 IST, Lat: 25.14 & Long: 96.54, Depth: 120 Km ,Location: 208km E of Ukhrul, Manipur, India." No casualties have been reported as of yet. Further details are awaited. Earthquake in Manipur came days after tremors jolted Assam on December 27.

defence synergy and trade links in 2024 and remain steadfast in securing a free and open Indo-Pacific region. In a statement issued on Thursday, Mukesh Aghi, the President and CEO of the US-India Partnership Forum (USISPF) also said that as the world moves into 2024, now the fastest-growing major economy and the most populous nation in the world has a «bolder vision.

NEW DELHI : Toyota Kirloskar Motor, the Indian subsidiary of Toyota Motor Corp, advocates for boosting demand for electric powertrains in India by promoting the adoption of hybrid vehicles alongside electric vehicles (EVs). The automaker believes that by fostering demand for both hybrid EVs (HEVs) and battery EVs (BEVs) India can achieve the scale to develop a competitive local production of electrified technologies, a top company official told Mint on Friday.

Nifty is ending the record-breaking year 2023 with a handsome upside of 20%, billionaire banker Uday Kotak on Friday warned Dalal Street's Covid batch of investors of the unpredictability of the stock market, giving the example of Japan. «Many investors have joined post Covid. They have mainly seen upside.

Uday Kotak, the founder and director of Kotak Mahindra Bank, wants you to move away from banks in a bid to create sustained growth story. You heard that right. In so called year-end musings, Kotak highlighted a changing landscape where savers are transforming into investors, presenting challenges for the banking sector regarding deposits and funding costs. «As savers become investors the banking sector faces challenges on its deposits and cost of funds. The large corporate sector has to meaningfully move to capital markets (debt and equity) and away from banks,» Kotak wrote on a Twitter post. «Banks will become distributors of corporate debt rather than storage houses. They will need to penetrate mid sized corporates, MSMEs and consumers,» he added. He also said that we need to keep Japan of the 80s at the back of our mind.

By Ankur Banerjee