Japan Financial News

Narendra Modi to hold more than 15 bilateral meetings with world leaders, ANI reported citing sources. As reported by ANI, “On 8th September, PM will hold bilateral meetings with leaders of Mauritius, Bangladesh and USA.

Manmohan Singh and HD Deve Gowda have also been invited to the G20 Summit dinner, according to ANI news agency report. The national capital is all decked up magnificently to hold the G20 Summit on September 9 and 10. Meanwhile dignitaries from across the world have started arriving in Delhi to participate in the mega event.

China’s exports are faltering and its consumers are spending less at home, the country is flooding the world with cars. Overseas demand for inexpensive vehicles made in China, mostly gasoline-powered models that Chinese consumers now shun in favor of electric cars, is so great that the biggest obstacle to selling more abroad is a lack of specialized ships to carry them. Chinese automakers have leaped to dominance in Russia since war began in Ukraine, transporting cars by train. The companies have also captured large shares of markets in Southeast Asia, Australia, South America and Mexico.

Toronto International Film Festival opened on Thursday with "The Boy and the Heron" by famed Japanese director Hayao Miyazaki, the first time an animated feature has taken the coveted spot. Although there was a dearth of star power on the red carpet due to the Hollywood actors strike, festival-goers can look forward to some 50 films over 11 days, including Craig Gillespie's «Dumb Money,» «Lee» which stars Kate Winslet and Taika Waititi's «Next Goal Wins». The festival will also include directorial debuts for Patricia Arquette with «Gonzo Girl» and for Kristin Scott Thomas with «North Star». Studio Ghibli executive Junichi Nishioka said it was an honour for «The Boy and the Heron» to have been chosen as the opener for the festival. «It shows that animation and live-action films don't need to be differentiated anymore,» he said. The film, a semi-autobiographical story of a young boy struggling with the death of his mother, is expected to Miyazaki's swan song. The 82-year-old director, known for works such as «Spirited Away» and «My Neighbor Totoro», did not attend the opening. The Writers Guild of America and the Screen Actors Guild- American Federation of Television and Radio Artists (SAG-AFTRA) have been on strike since May over pay and the use of artificial intelligence. «Gonzo Girl» stars Arquette, Camila Morrone and William Dafoe were among the few actors gaining union approval to promote their films. «I am lucky to be here, but a lot of people are unable to attend the festival,» Morrone told Reuters, calling the strike «essential» and stressing that it was important to be resolved. Over 150,000 actors and 65,000 writers across the United States have refused to resume shooting or promote films.

Benchmark U.S. crude oil for October delivery fell 67 cents to $86.87 a barrel Thursday

Kumamoto, a city in Japan, is taking innovative steps to address the rising issue of truancy among students. In a bid to encourage absentee children to engage in remote learning and eventually return to school, the city is introducing robot assistants into its classrooms.

tech shares tumbling on deepening Sino-U.S. tensions, while the dollar was set to seal its longest winning streak in nine years as investors braced for U.S. interest rates to stay higher for longer. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2% in early trade and is down 1.4% for the week.

Asian markets go into the final trading day of the week unable to escape the downbeat mood rooted in worries over high U.S. bond yields, a rampant dollar, China's economic funk and now the potential inflationary impact from spiking oil prices. Brent crude oil is now higher than it was a year ago, the first time since January that year-on-year price changes have been positive.

Bangladesh Prime Minister Sheikh Hasina, a close ally of India, is visiting India as a G20 invitee and her meeting with Prime Minister Narendra Modi on Friday assumes significance ahead of the parliamentary election in her country in January 2024. Over the past decade India has launched several cross-border connectivity and energy projects to boost the Bangladesh economy, complementing efforts undertaken by the Hasina government. Bangladesh is emerging as a link to landlocked Northeast India. Japan, Bangladesh and India have formed a trilateral to connect Northeast India via Bangladesh to the Bay of Bengal.

Indian stock market is expected to open on a cautious note following weak global cues amid a drop in shares of tech companies in the US. The Asian markets traded mixed, while the US stock market indices also ended mixed overnight. On Thursday, the Indian equity indices ended over half a percent higher each, extending the rally for the fifth consecutive session.

music industry and the scandal, which emerged fully earlier this year, has horrified the country. Julie K. Fujishima, 57, bowed deeply as she faced reporters, and apologised for the abuses, saying she stepped down on Tuesday.

India's drug regulator has started collating and compiling the profiles of pharmaceutical plants in the country. The Drug Controller General of India (DCGI) has asked drug companies to provide details of each of their units operational in the country.

By Jamie McGeever

By Yoshifumi Takemoto and Leika Kihara

TOKYO (Reuters) — Japanese real wages extended their fall to a 16th consecutive month in July, government data showed on Friday, as salaries failed to keep up with rising prices.

Indian Prime Minister Narendra Modi says his country is “becoming the voice of the Global South."

U.S. News & World Report's annual Best Countries rankings. This marks Switzerland's second consecutive year at the pinnacle and its sixth time overall as the No.

Joe Biden, UK Prime Minister Rishi Sunak, Canada Prime Minister Justin Trudeau, Japanese Prime Minister Fumio Kishida are among the leaders to attend the G-20 meeting. The Chinese foreign ministry announced that President Xi Jinping will not attend the G20 Summit in New Delhi and the delegation will be led by Premier Li Qiang.

Anil Valluri, managing director of India & SAARC, Palo Alto Networks, India, said the world’s most populous nation saw a 75% increase in cybersecurity budget allocation for 2023 compared with the previous year, marking it one of the highest increases in the APAC region.

(Reuters) — Founders behind defunct self-driving startup backed by Ford (NYSE:F) and Volkswagen (ETR:VOWG_p) launched a new autonomous trucking firm, Stack AV, on Thursday with investment from Japan's SoftBank (TYO:9984) Group.

By Marc Jones