Japan Financial News

Asian stocks fell to their lowest in a week on Friday, while the dollar was firm as elevated Treasury yields weighed on sentiment after hawkish comments from U.S. Fed Chair Jerome Powell extinguished expectations of a peak in interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1% to a one-week low of 486.39, while Japan's Nikkei was 0.50% lower.

US Secretary of Defense Lloyd Austin will join Blinken in talks with India's foreign minister S Jaishankar and defence minister Rajnath Singh. The annual dialogue is expected to focus on "defence and security cooperation", the report added. Overall, the discussions are expected to cover a range of issues, including the ongoing border dispute with China, Russia's invasion of Ukraine, and the challenge posed by the conflict in Gaza to key trade and transport routes linking Europe, the Middle East, and India.

By Takaya Yamaguchi

markets remained range-bound for the third day in a row and ended marginally lower on Thursday. «Overall we expect the ongoing recovery to continue and any dips can be used as buying opportunity,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded higher by 41.5 points, or 0.21 per cent, at 19,380.5, signaling that Dalal Street was headed for negative start on Friday.

Boeing Co., ION Trading UK and the UK’s Royal Mail. The prolific gang known as Lockbit is suspected to have orchestrated a ransomware attack against the US unit of ICBC, the world’s largest lender by assets, according to people familiar with the situation, who asked not to be identified because the information isn’t public. The attack has resulted in disruptions across the US Treasury market, with some transactions failing to clear and traders being asked to reroute their deals. Lockbit, a criminal gang with ties to Russia, specializes in using malicious software known as ransomware to encrypt files on its victims’ computers, then demanding payment to unlock the files.

global markets after hawkish comments from the US Federal Reserve Chairman Jerome Powell. Asian markets traded lower, while the US stocks ended in the red overnight as treasury yields rose after the Fed Chair signaled that the central bank may need more interest rate hike to bring down inflation. On Thursday, the domestic equity benchmark indices ended lower amid mixed global cues.

Sony has reported that its profit in the July-September quarter slipped 29% from a year earlier, as damage from a strike in the movie sector offset boosts from a favorable exchange rate

Honda has reported that its profit jumped 34% in the July-September quarter from a year earlier as a cheap yen helped boost the Japanese automaker’s overseas strong earnings thanks to healthy demand, especially in the U.S. Honda’s profit rose to 254 bi...

Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured

Nissan has reported that its profit zoomed more than 10-fold in the last quarter from a year before, boosted by a weak Japanese yen and strong vehicle sales around the world

By Karen Brettell

By Nandita Bose

SBI Holdings and Standard Chartered’s investment arm, SC Ventures, have joined forces to set up a $100 million joint venture in the United Arab Emirates targeting crypto startups.

Investing.com -- U.S. stock futures are mixed on Thursday following a relatively muted session on Wall Street, with traders looking ahead to comments from Federal Reserve Chair Jerome Powell later in the day. In corporate earnings, SoftBank (TYO:9984) slips to a quarterly loss as the Japanese tech investment giant is impacted by the bankruptcy of WeWork, while Walt Disney (NYSE:DIS) reports better-than-expected earnings thanks to strength at its streaming business and some of its theme parks. Elsewhere, Hollywood actors reach a tentative deal with major studios to end their 118-day strike.

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Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas militants and taking actions that «destabilise» the Middle East. Tehran's comment came a day after foreign ministers from the G7 group of advanced economies, meeting in Tokyo, expressed support for «humanitarian pauses and corridors» in the Israeli-Hamas war. Israeli air strikes have pounded the Palestinian territory of Gaza since Hamas gunmen stormed across the heavily militarised border on October 7 to kill more than 1,400 people, most of them civilians, and seize around 240 hostages, according to Israeli officials. The subsequent Israeli bombing campaign in Gaza has killed more than 10,500 people, two-thirds of them women and children, according to the Hamas-run health ministry. The G7 also called on Iran to «refrain from providing support for Hamas and taking further actions that destabilise the Middle East, including support for Lebanese Hezbollah and other non-state actors.» On Thursday, Iran's foreign ministry spokesman Nasser Kanani «strongly condemned» the statement by the group which includes the United States, Britain, Germany, Canada, Italy, France, and Japan. He said Iran has engaged in «non-stop efforts to stop military attacks of the Zionist aggressor regime (Israel) on the defenceless citizens» in Gaza.

SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company in the United Arab Emirates in partnership with a Japanese financial conglomerate, SBI Holdings. 

Japanese financial powerhouse SBI Holdings is gearing up to launch a $663 million fund dedicated to Web3, AI and other fintech startups, as reported by Nikkei Shimbun.

statue of a dog whose true story of loyalty has made him a beloved mascot for generations. Hachiko, whose birth centenary is this week, belonged to university professor Hidesaburo Ueno. The faithful hound would wait at Shibuya station for his master to come home every day. Ueno died unexpectedly in 1925, but Hachiko continued to come to the train station to wait forlornly for Ueno for nearly 10 years until passing away in March 1935. The story, similar to that of 'Greyfriars Bobby' in 19th-century Scotland, touched the hearts of many locals, who pitched in money to build its statue in 1934, shortly before the dog's death. In World War II, the statue was melted down for the metal, but a new one was installed in 1948 and became a popular meeting spot. Today, locals and foreigners alike queue up to snap photos with the statue of the Japanese Akita dog, a popular breed with its own museum in Hachiko's birthplace of Odate. «I would like my dog to be waiting for me as long a time as he did,» Spanish honeymooner Omar Sanchez, 33, said as he snapped selfies with his wife and the statue. «The story is sweet.

Asian share markets rallied on Thursday and the dollar was weaker after most U.S stocks edged higher and the S&P 500 recorded its longest winning streak in two years, with investors on high alert for signs that global interest rates have peaked. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, although up 4.6% so far this month. The yield on benchmark 10-year Treasury notes reached 4.5059% compared with a U.S.

US Federal Reserve officials and softer labor data led to growing expectations the central bank had reached the end of its rate-hike cycle. On Wednesday, the domestic equity markets closed with nominal gains amid mixed global cues. The Sensex ended 33.21 points, or 0.05%, higher at 64,975.61, while the Nifty 50 gained 36.80 points, or 0.19%, to settle at 19,443.50.