Japan Financial News

China, Japan, and South Korea are forging ahead with plans to enhance collaboration in advanced technology sectors such as big data, blockchain, and artificial intelligence (AI). 

Standard Chartered Bank-backed digital assets custodian Zodia Custody, has integrated Metaco network’s global crypto storage services.

Anand Mahindra tweeted. The Indian Navy celebrates Navy Day on December 4 to commemorate "Operation Trident," the Navy's audacious attack on Karachi harbour during the 1971 War.

BMW is recalling a small number of SUVs in the U.S. because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people

Asian shares are mixed as investors await a slew of U.S. economic data set for release later in the week

By Makiko Yamazaki and Ritsuko Shimizu

By Summer Zhen

BENGALURU (Reuters) — Japanese electronic parts maker TDK (OTC:TTDKY) Corp will manufacture lithium ion (li-ion) battery cells for Apple (NASDAQ:AAPL) iPhones in India, a minister said on Monday.

Earthquake today: Massive quake of 7.6 magnitude strikes Mindanao in Philippines At least two people were killed and several were injured after Saturday's quake, according to AFP news agency. Saturday's quake triggered tsunami warnings across the Pacific region and sent residents along the east coast of Mindanao fleeing buildings, evacuating a hospital, and seeking higher ground.

global market front, Asian markets traded mixed while the US stocks ended higher on dovish commentary from Fed officials. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 4 The Indian equity market witnessed healthy gains on Friday, with the benchmark Nifty 50 hitting its fresh record high in the intraday session after India's Q2 GDP numbers exceeded expectations.

By Wayne Cole

Indian Navy has planned to deploy both its aircraft carriers INS Vikramaditya and INS Vikrant on the eastern seaboard during Milan-2024, a flagship international naval exercise hosted by Vizag from February 19-27 next year, a senior official said on Sunday. «The event will be held under the aegis of the Eastern Naval Command (ENC) of the Indian Navy with likely participation from nearly 50 friendly countries as a delegation, and 20 foreign warships along with one maritime patrol aircraft,» said Vice Admiral Rajesh Pendharkar, Flag-Officer Commanding-in-Chief (FOC-in-C) Eastern Naval Command.

While Nifty is up over 11% so far in the calendar year, India's m-cap has increased by about Rs 55 lakh crore in 2023, led by the outperformance of small and midcap stocks as well as a flood of IPOs on Dalal Street. India had joined the coveted $3 trillion club in May 2021. The journey of market capitalization of Indian listed companies from $2 trillion (July 2017) to $3 trillion (May 2021) took about 46 months, whereas the last $1 trillion i.e., from $3 trillion to $4 trillion took only about 30 months. While the $4 trillion market capitalization is an important milestone, data suggests that only 0.35% of the total private companies registered with the Ministry of Corporate Affairs, Government of India are listed on the Exchanges, indicating an enormous number of companies which can tap the equity market for their funding needs. In the current financial year as of October 2023, more than Rs 5,00,000 crores have been mobilized through primary markets across equity and corporate bonds.

earthquake that shook the southern Philippines killed at least one villager and injured several others as thousands scrambled out of their homes in panic and jammed roads to higher grounds after a tsunami warning was issued, officials said Sunday. The U.S. Geological Survey reported that the quake Saturday night had a magnitude of 7.6 and struck at a depth of 32 kilometers (20 miles).

North Korea has begun reconnaissance satellite operations, state news agency KCNA said on Sunday, after the country launched its first military spy satellite last month in a move that drew new sanctions from the U.S. and its allies. The new satellite operations office at the Pyongyang General Control Centre of the National Aerospace Technology Administration (NATA), started to discharge its mission on Saturday and will report acquired information to the reconnaissance bureau at the army and other major units, KCNA said. North Korea says it successfully launched its first military spy satellite on Nov.

OECD warned. Growth is losing momentum in many countries and won’t edge up until 2025, when real incomes recover from the inflation shock and central banks will have begun cutting borrowing costs, according to the organization. Inflation eased in Europe, Brazil and Australia in recent readings but remains too high for central bankers’ comfort. Meantime, price pressures accelerated in Japan’s service sector, as well as in Zimbabwe, where officials recently adopted a new inflation metric. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: World The Organization for Economic Cooperation and Development forecasts global gross domestic product to expand only 2.7% next year after an already weak 2.9% in 2023.

golden opportunity to capitalise on it? Globally, a new 'loneliness economy' is rapidly taking shape. US surgeon general Vivek Murthy has been fighting loneliness for a while now. He's been at it at least since he published a 2017 piece, 'Work and the Loneliness Epidemic' (rb.gy/flwppa), in the Harvard Business Review, following it up in his 2020 book, Together: The Healing Power of Human Connection in a Sometimes Lonely World, and via his role in the recent reshaping of US policy to acknowledge social connection as 'a fundamental human need, as essential to survival as food, water, and shelter'.

India and China both on Saturday refrained from signing the pledge at the COP28 climate summit to triple the world's renewable energy capacity by 2030 even though New Delhi already committed to it as part of its G20 presidency. During the UN's climate talks here, 118 countries committed to tripling the global renewable energy capacity by 2030 in a highly endorsed initiative. This ambitious goal aims to reduce the reliance on fossil fuels in the world's overall energy production.

Yoshinobu Yamamoto is most likely to sign a deal worth $250 million. Besides, the team that signs Yamamoto would have to add a posting fee of more than $39 million to his Orix team in Japan. Yamamoto's price appears to be headed upwards of the $200 million floor previously predicted. He could end up with the second-highest contract for a starting pitcher in history, behind only Gerrit Cole.

Kawasaki Eliminator 450 continues to maintain a dedicated fan base in the Indian market. The introduction of the Kawasaki Eliminator 450 signifies a nostalgic return for the Japanese motorcycle manufacturer in India. This marks a full circle, considering that the bike was previously available in India through the Bajaj-Kawasaki partnership.

Melon Music Awards 2023 is a well-known awards ceremony that takes place in South Korea. The 2023 award show was organized by Melon, and Kakao Entertainment to orchestrate the event, which was broadcast via Melon and Wavve in South Korea, Abema in Japan, and Beyond Live in specific regions. This year's Melon Music Award marked the 14th annual event in the show's history. Further, the award ceremony took place on December 2, 2023. An Yu-jin took on the role of hosting the ceremony, while the pre-ceremony red carpet event was hosted by Hitomi Honda, Nako Yabuki, and Ha Ji-young. The award show was premiered on various OTT platforms including Melon, Wavve, and Abema. Further, since the event has already taken place, there are various celebrities along with artists that have bagged awards including NewJeans, BTS, and Jungkook.