Japan Financial News

Motilal Oswal Financial Services. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — October 27 Here are key global market cues for Sensex today: Asian markets rebounded to trade higher on Friday as investors weighed on key economic data in the region. Japan’s Nikkei 225 traded 0.56% higher and the Topix gained 0.6%.

Nifty slipping below the 19,000 mark. «Given the global uncertainties, there could be higher volatility in the near term and thus giving long term investors an opportunity to accumulate quality stocks at lower levels. We suggest making higher allocation towards large caps as valuations are comfortable along with steady growth prospects,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 47.5 points, or 0.25 per cent, at 18,960, signaling that Dalal Street was headed for positive start on Friday.

Washington has decided to withdraw its proposal on digital trade at the global trade body to retain the policy space to regulate Big Tech firms. The changed position is crucial ahead of a key ministerial meeting of the WTO next year for which digital trade has been identified as one of the «solid deliverables» by senior trade officials of 164-member countries on Tuesday. The WTO e-commerce negotiations, through a Joint Statement Initiative (JSI), began in 2019 with 90 members trying to reach a consensus on data flows, data localisation, and protection of source code by MC13. India has opposed the plurilateral initiative and has kept away from the talks. New Delhi backs flexibility in digital policy and has concerns about the potential dominance of a handful of e-commerce players. India has also expressed apprehensions over the proposed rules favouring foreign companies, especially the Big Tech. «The new US stand on digital trade validates India's approach on the subject.

Two workers at the tsunami-wrecked Fukushima Daiichi nuclear power plant have been hospitalized after accidentally being sprayed with radioactive liquid waste

U.S. Oil and Gas Association president Tim Stewart breaks down the Biden admin's energy policies on 'The Bottom Line.'

TOKYO (Reuters) — Western Digital Corp (NASDAQ:WDC) and Japan's Kioxia Holdings have broken off talks to create one of the world's biggest chipmakers, the Nikkei newspaper reported on Thursday.

The crypto exchange arm of Japan’s financial behemoth SBI Group has predicted a slight surge in Ripple’s native token XRP, following recent market developments.

By Alun John

Investing.com — U.S. futures slipped lower Thursday, as investors digested earnings from some of the influential tech giants.

Crude oil deficit to high inflation: How can the Israel-Hamas war impact Indian economy? — Explained (Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The market is expected to remain on a bumpy track in the near term even though the long-term outlook remains strong because of India's strong economic growth potential.

Tech Mahindra shares plunged nearly 4% on Thursday to hit the day's low of Rs 1,098.15 on the NSE after a clutch of brokerages retained their adverse ratings on the stock and slashed their targets following the September quarter earnings posted by the company on Wednesday. Among foreign brokerages, Jefferies maintained an underperform view. In the domestic pack, Kotak Institutional Equities and Nuvama recommended a reduce stance on the counter while Motilal Oswal suggested a Neutral call.

defence spending would boost the economy. “We can reap a genuine peace dividend this year and then year after year, in the form of permanently reduced defence budgets," he declared in 1992. The world took note.

General Motors have jointly announced the discontinuation of their partnership aimed at producing affordable electric vehicles from 2027, AFP reported. The decision comes after extensive studies and analysis, the joint statement said. However, no specific reason was provided.

China's Belt and Road Initiative through a network of infrastructure projects, including a railroad connecting Saudi Arabia with Europe, President Joe Biden said. On the sidelines of the G20 Summit in September, key leaders of the world led by Prime Minister Narendra Modi and Biden had announced the launch of the ambitious India-Middle East-Europe Economic Corridor. «We are going to compete on that (Belt and Road Initiative) and we're doing it in a different way.

Honda and US giant General Motors said Thursday they were scrapping a tie-up that was aimed at producing «affordable» electric vehicles from 2027. «After extensive studies and analysis, we have come to a mutual decision to discontinue the program,» the firms said in a joint statement. No reason was given, but automakers are reportedly slowing expansion plans in EVs because of cooling demand, particularly in China. GM said this week that it was «moderating the acceleration of EV production in North America to protect our pricing, adjust to slower near-term growth in demand, and implement engineering efficiency and other improvements». GM and other US automakers have also been hit by a lengthy strike by factory workers in the United States. Japanese automakers have lost market share in key markets in recent years due in part to a slow rollout of EV's, having long focused on hybrid vehicles instead. The tie-up announced in 2022 aimed to develop electric cars cheaper than the US firm's planned $30,000 Chevrolet Equinox. Honda added that it still hoped to achieve 100 percent electrified vehicle sales by 2040. Honda and GM are still working together in other areas, including a recently announced plan to launch driverless taxis in Tokyo in 2026.

Sensex closed 522.82 points, or 0.81%, lower at 64,049.06, while the Nifty 50 ended at 19,122.15, down 159.60 points, or 0.83%. “We expect Indian markets to remain volatile on the back of concerns over higher interest rates, ongoing Israel-Hamas war and mixed Q2 results. On the global front, investors will take cues from ECB interest rate decision on Thursday," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

By Ankur Banerjee

Investing.com-- The Japanese yen weakened past the key 150 level to the dollar on Thursday, raising the chances of intervention in currency markets by the government and also putting pressure on the Bank of Japan to consider tightening policy. 

Under Ninja", audiences delved into the histories of Kuro and Kawado. Concurrently, the episode showcased a clash between Suzuki and the mysterious foreigner. As the whereabouts of the foreigner become known, many ninjas are alerted, hinting at potential appearances in the forthcoming episode, just as Hiba did in the previous one. «Under Ninja» is an anime adaptation brought to life by Tezuka Productions, drawing its storyline from the seinen manga series penned by Kengao Hanazawa.

Lately, a surge of travel streamers has provoked ire from global audiences due to their disruptive actions, with one of the most notable figures being known as 'Johnny Somali.' Somali, currently residing in Japan, has faced confrontations from locals and fellow expatriates on multiple occasions due to his conduct, which includes shouting provocative statements like «Hiroshima and Nagasaki» at people in public spaces. At present, Somali has been arrested on two occasions, and Japanese authorities have even labeled such streamers as «nuisances.» Nevertheless, he is not the sole content creator responsible for causing disturbances in the country. Meanwhile, another YouTuber with 2.4 million subscribers apologised on Tuesday after a video of him and three others free-riding around Japan became the latest example of fame-seeking foreigners riling locals, as per an AFP report. The YouTuber known by the username Fidias posted a video over the weekend of the four riding trains and buses around Japan — in some cases without paying, AFP reported. In the video, Fidias hides in a toilet of a bullet train, pretends to be ill when confronted by a ticket collector, and then escapes to board another train where he pulls the same trick. Another clip shows him entering a hotel and pretending to be a guest in order to get free breakfast.

Billionaire Chris Ellison says governments must do more than offer debt finance to critical minerals projects, while pre-revenue explorers urged the Albanese government to avoid funnelling the $2 billion of new critical minerals funding to established miners who are already “printing money”.