Japan Financial News

Zoho Corporation expects India to become the company's largest market in the next decade, driven by the country's rapid growth and demographic dividend. «India is the fastest growing market. Even when I reported the September slowdown, our fastest growth is in India. That's very helpful. But globally, there is a substantial slowdown particularly you are seeing in the US...,» said Sridhar Vembu, founder and chief executive of the Chennai-based firm. India is currently the third-largest market for Zoho after the US and European Union.

Resources Minister Madeleine King says fresh outbreaks of conflict overseas underline Australia’s importance as a trusted supplier of gas, as she pushed back on industry concerns that the Albanese government was more focused on destroying demand for gas than stoking investment in new supply.

With the unfortunate events over the weekend triggering a “risk off” response in the markets, and key US data to come later in the week, both the Japanese yen, still deemed by many as a haven currency, and the US dollar will be in focus this week. Additionally, there is the potential for further Japanese intervention given that the USD/JPY trades not too far from the 150.00 level, where it met some notable resistance, apparently by Japanese authorities, last week.

Gold prices rose more than 1% on Monday as the military conflict between Israeli forces and Palestinian Islamist group Hamas raised political uncertainty in the Middle East, prompting safe-haven buying of investments like bullion. Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks in its history when gunmen from Hamas rampaged through Israeli towns on Saturday. Gold is used as a safe investment during times of political and financial uncertainty. Spot gold jumped almost 1% to $1,849.10 per ounce by 1132 GMT, having hit its highest level in a week. U.S.

Oppenheimer' a great film, veteran filmmaker Spike Lee said it would have been better if its director Christopher Nolan had showed the impact of the nuclear bombs on the Japanese people during World War II. Fronted by Cillian Murphy, 'Oppenheimer' is a 180-minute-long sprawling biographical drama on the titular American theoretical physicist, which was released in theatres on July 21. It has emerged as one of the biggest-grossing films of the year.

NHSRCL) on Monday said it has completed 100 per cent land acquisition in Gujarat for the Mumbai-Ahmedabad bullet train project. The corporation in a release said the last parcel of land in Gujarat was acquired at Kathore village in Surat district in September. In all, 951.14 hectares of land needed to be acquired in eight districts of Gujarat for the project, it said. With the latest acquisition, 99.95 per cent of land has been acquired for the project across Gujarat, Maharashtra and the Union Territory of Dadra and Nagar Haveli, Daman and Diu, the release said. Out of 429.71 hectares acquired for the project in neighbouring Maharashtra, 99.83 per cent of the process has been completed, while a total of 7.90 hectares were acquired in the UT, the NHSRCL said. In Gujarat, 133.29 hectares were acquired in Ahmedabad, 110.25 hectares in Kheda, 52.59 hectares in Anand, 142.30 hectares in Vadodara, 140.32 hectares in Bharuch, 160.52 hectares in Surat, and 88.93 hectares in Valsad, the release said. The operational control centre will be located at Sabarmati in Ahmedabad, and there will be three depots, two in Gujarat — Surat and Sabarmati — and one in Maharashtra at Thane, it stated. The government aims to run the first phase of the bullet train between Surat and Bilimora in south Gujarat by 2026. Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe launched the project in Ahmedabad on September 14, 2017.

By Wayne Cole

LONDON (Reuters) -Oil surged, along with European defence stocks, while airline shares plunged after Israel pounded the Palestinian enclave of Gaza in retaliation for one of the bloodiest attacks in its history, unleashing fears of a wider Middle East conflict.

Investing.com — The safe-haven U.S. dollar gained in early European trade Monday as the escalation of the conflict in the Middle East hit risk sentiment, following on from last week’s strong payrolls report.

By Joice Alves and Rae Wee

Advances in shipping mean that liquid hydrogen will become the preferred form of the energy source, trumping hydrogen converted from ammonia, according to Jason Crusan, vice president of new energy solutions at Woodside.

Mitsubishi, one of Japan’s biggest investors in Australian resources, has called on the Labor government to ensure a stable investment environment, warning the clean energy transition needs to be approached with caution.

The chief executive of the $24 billion oil and gas group Santos says the world will always need fossil fuels in some form, and there will be a large role for gas beyond 2050.

Telstra is well-placed to land up-for-grabs cybersecurity play Versent.

chipmakers, diamond processors and software-services providers. Saturday’s assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in China’s economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East region remains acute. “The Israel-Hamas conflicts over the weekend may escalate geopolitical tensions in the Middle East region, causing risk-off trades,” Tina Teng, an analyst at CMC Markets wrote in a note. “Markets will be concerned about the rippling effects to the region.” The MSCI Asia Pacific Index treaded water as markets in Japan, South Korea and Taiwan were closed for a holiday, while trading in Hong Kong was halted due to a typhoon. Here are some global themes to watch: Technology Chip stocks from Nvidia Corp.

Middle East boosted oil and Treasuries, while the sizzling September U.S. jobs report raised the rate stakes for inflation figures later in the week. Holidays in Japan and South Korea made for thin conditions but the initial bid was for bonds and the safe harbours of Japanese yen and gold, with the euro the main loser. «The risk is higher oil prices, a slump in equities, and a surge in volatility supports the dollar and yen, and undermine 'risk' currencies,» said analysts at CBA in a note. In particular, there was a chance oil supplies from Iran might be disrupted, they added. «Given the tightness already facing physical oil markets in Q4 2023, an immediate reduction in Iran's oil exports risks pushing Brent futures above $US100/bbl in the short term.» Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks in its history when Islamist group Hamas killed 700 Israelis and abducted dozens more. The danger of disruptions to supply was enough to drive Brent up $4.24 to $88.82 a barrel, while U.S.

Sensex and Nifty 50, ended over half a percent higher each after the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained a status quo on repo rates and policy stance, in line with expectations. RBI's MPC unanimously decided to keep the repo rate unchanged at 6.5 per cent on Friday. The central bank also retained its policy stance as the "withdrawal of accommodation" with five out of six MPC members voting in favour of this.

Titan Titan Co has clocked 20% year-on-year growth in its revenues for the second quarter ended September 2023. A total of 81 stores were added in this period, taking the group’s retail presence to 2,859 stores. PB Fintech Japanese tech giant SoftBank has offloaded partial stake in PB Fintech through block deals on Friday.

BHP chief executive Mike Henry says an unprecedented era of government funding for “critical minerals” ventures risks distorting markets, and governments could achieve a broader benefit by speeding up project approvals rather than giving “sugar hits” to individual projects.

BHP chief executive Mike Henry says stronger uranium prices will boost the business case for an expansion of South Australia’s Olympic Dam copper precinct, which would in turn allow BHP to grow its uranium output.

Fast food chain Guzman y Gomez will have two chief executives running the company as it prepares for an initial public offering which founder Steven Marks says could happen late next year.