Japan Financial News

Federal Reserve will cut interest rates early next year. The acceleration in payrolls is at odds with recent reports that have depicted a softer hiring pace, an outcome favoured by the Fed as it will help rein in demand and tame price pressures. Officials are still expected to leave rates unchanged when they meet next week. Elsewhere, Japan’s economy contracted in the third quarter by more than initially reported, while Brazil’s barely expanded in the period.

Marine Drive to Worli, will be operational by the end of January 2024, said Maharashtra Chief Minister Eknath Shinde on Saturday. Speaking at an event here, Shinde called Maharashtra a growth engine which has the most number of infrastructure projects in the country.

It’s the cusp of winter in the Northern Hemisphere, but in many places from North America to Japan, it feels more like spring — and forecasters say that’s a sign of what to expect over the next couple of months, until a late-season cold snap arrives.

Godzilla Minus One has not only reignited fervor for the iconic monster but also triggered widespread speculation about the possibility of a sequel. Directed by Takashi Yamazaki, who also played pivotal roles as a writer and visual effects designer, the film has injected new life into the Godzilla franchise with its distinctive storytelling approach.

Suzuki Motorcycle has rolled out free service support to flood-affected customers in Chennai and neighbouring districts, the company said on Saturday. This is aimed at reducing the financial impact of vehicle repairs faced by affected residents.

India Bike Week (IBW) began December 8 in Vagator, Goa. Today is the second day and enthusiasts can snag a day pass for ₹2499 through the official IBW website. Organised by Seventy EMG with Gulf Syntrac, the festival has six tracks.

Also Read |India Inc divided as Narayana Murthy calls for 70 hour work week; Bhavish Aggarwal, Ronnie Screwvala weigh in It was his parents who taught him that working hard was the only way to escape poverty. According to him, this is when one gets the most productivity from each hour, the report further added. "During my entire 40-plus years of professional life, I worked 70 hours a week," he reiterated.

Gaza, around 70% of them including women and children, and wounded more than 46,000 so far, according to Palestine's health ministry reports. Here are the top 10 developments on this big story, 1) The US vetoed a United Nations resolution backed by almost all other Security Council members and dozens of other nations demanding an immediate humanitarian cease-fire in Gaza. Supporters called it a terrible day and warned of more civilian deaths and destruction as the war goes into its third month.

A surge in the value of gold has given the precious metal a new glint in the eyes of investors.

London bankers may be struggling to pay their bills, even on managing director salaries, but they're not the only people in financial services who are finding the lifestyle they'd imagined is out of reach.

OSIRIS-REx . The probe will drop its cargo off en route to another asteroid, Apophis, at which it is due to arrive in 2029. Astronomers take a great interest in asteroids.

LONDON (Reuters) — Cash funds saw a mammoth $93.2 billion of inflows in the week to Wednesday, Bank of America Global Research strategists said in a report, the largest inflow since March 2023, as high yields on short-dated debt continue to attract investors.

Bank of America strategists warn that stock markets may face challenges in the first quarter of 2024 if bonds rally, indicating a slowdown in economic growth.

RAYONG, Thailand—Ever since Nissan Motors started building cars in Thailand in the early 1960s, Japanese companies have been a driving force in the country’s rise as an auto manufacturing powerhouse. Now, Chinese competitors are moving in to bring it into the electric age. On the outskirts of Thailand’s carmaking capital, Rayong, not far from the industrial zones home to Japanese auto plants, China’s largest electric-vehicle maker, BYD, is developing what industry experts believe will be Thailand’s biggest car plant.

Nintendo has canceled an upcoming video game event and postponed several others because of persistent threats to the company, its workers and players

By Tetsushi Kajimoto

Investing.com — Most Asian currencies moved little on Friday as traders positioned for a potentially softer U.S. nonfarm payrolls reading, while the yen sat near a four-month high to the dollar tracking hawkish signals from the Bank of Japan. 

World shares are mostly higher ahead of a U.S. jobs report after Wall Street rose Thursday to snap its first three-day losing streak since Halloween

Japan's economy fell faster than initially estimated in the third quarter, revised data showed on Friday, complicating the central bank's efforts to phase out its accommodative monetary policy. Consumer and business spending both shrank, driving down third-quarter gross domestic product (GDP). Separate data showed real wages and household spending kept falling in October, as prolonged inflation discouraged shoppers.

Zomato, Maruti Suzuki, SpiceJet, IDFC First Bank, among others, will be in focus in today's trade.Balrampur Chini Mills, National Aluminium Company, Delta Corp, Indiabulls Housing Finance, India Cements, SAIL and Zee Entertainment Enterprises are in the F&O ban list for 8 December.GIFT Nifty futures were largely flat, with a gain of 3 points at 21,084, indicating a flat start for Indian indices.India's benchmark indices ended lower on Thursday, snapping seven sessions of gains amid weak cues from global peers.At close, Nifty was down 37 points at 20,901.15, the Sensex fell 132 points to 69,521.69.Asian stocks fell early Friday, shrugging off a rally on Wall Street, as traders ratchet up bets the Bank of Japan is nearing the end of its negative interest rate policy.Japanese shares slipped for a second day, while the yen rose more than 1% amid thin liquidity. Australian shares also fell while contracts for mainland China pointed to losses.

Zomato: Svf Growth (Singapore) Pte, part of Japan’s SoftBank Group, will sell a 1.1% stake in food-delivery company Zomato Ltd Friday for an estimated ₹1,127.5 crore, or $135 million, as per the term sheet of the block deal. The floor price of the deal is set at ₹120.5 per share, a discount of about 1.1% to Zomato’s Thursday closing price of ₹121.80 on the BSE.