Japan Financial News

Japan may never have children, a government institute said on Wednesday, in the latest data spelling an uphill battle to reverse a dwindling population in the world's third-largest economy. The National Institute of Population and Social Security Research (IPSS) estimated in a report that 33.4% of women born in 2005 would be childless. The most optimistic scenario had that number at 24.6% and the worst at 42%. Prime Minister Fumio Kishida in June promised to tackle the population crisis with «unprecedented» measures including bigger payouts for families with three or more children. A Kyodo News poll published shortly after, however, showed that about two-thirds of the public were not hopeful the policies would be effective. «With the rising cost of living, I don't think people feel they can afford to or comfortably say they want to have children,» 23-year-old Anna Tanaka told Reuters. The number of children in Japan has been falling for more than four decades as the appetite for marriage and parenting has waned and financial worries have grown, surveys show. The IPSS determines the expected percentage of childless women by taking into account factors such as age of marriage in estimating the fertility rate. Miho Iwasawa, the IPSS's director of population dynamics research, said people were getting married later, leading to a decline in births. In 2020, women got married for the first time at an average age of 29.4, or 3.9 years later than in 1985, government data shows.

B-1B bombers for joint drills with South Korea and Japan on Wednesday, as the three allies have stepped up responses to threats from North Korea. A U.S. B-1B flew alongside South Korean FA-50 jets and U.S.

However, the Japanese brokerage does not expect bank earnings to deteriorate due to risks emerging from their unsecured portfolio due to the large contingency provision buffers that these banks carry. Nomura analysts Parameswaran Subramanian, Ankit Bihani and Ajit Kumar, assumed 250 to 300 basis points of credit cost in personal loans and about 600 basis points for credit cards.

Global shares are mostly trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings

Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.

The EOS Network has secured whitelist approval from Japan's crypto regulator allowing EOS token to be traded against the Japanese yen on the regulated crypto exchanges of Japan.

Asian shares are trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings

The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country. 

Shah Rukh Khan-starrer Pathaan will release in Japan on 1 September. When released in India this January, it had made over Rs. 543 crore in domestic box office collections, emerging as the highest grossing original Hindi film till date.

reliance on China and Taiwan. Following his participation in the inaugural Republican primary debate, where his popularity saw a notable upswing, Ramaswamy articulated his foreign policy stance and proposed strategies on Tuesday. Ramaswamy criticized Nikki Haley, a fellow Indian American Republican presidential candidate, who had previously criticized him for his lack of experience in matters of foreign policy.

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Zomato jumped 5% to day's high of Rs 99.60 on a likely block deal in the pre-opening trade on Wednesday which saw 1.16% stake changing hands. ETNow reported at least six block deals involving 10 crore shares getting transacted. Japanese technology investor SoftBank Vision Fund is expected to have offloaded its shares in the food and grocery delivery company.

US jobs data reduced the chances of further Federal Reserve rate hikes. The US dollar index - which measures the currency against six developed-market peers including the yen and euro - was little changed at 103.57 after pulling back from as high as 104.36 overnight. On Tuesday, the rupee ended 8 paise lower at 82.71 a dollar.

dollar nursed its sharpest drop in a month and a half on Wednesday, as investors bet that softer-than-expected U.S. jobs data reduced the chances of further Federal Reserve rate hikes. The Japanese yen hovered around 146 per dollar following its overnight rebound from a 10-month trough at 147.375, as a drop in Treasury yields took away support for the U.S.

dollar wobbled as weak U.S. labour data bolstered bets that the Federal Reserve was likely done with its interest rate hikes, while beaten-down China stocks rose for a third straight day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.86% to a two-week top and is on a three-day winning streak.

"Market is moving in a range and we expect this trend to continue given the data-packed week and monthly derivatives expiry. Further, consistent selling by FIIs and poor monsoon in the month of August raised concern among investors, thus keeping the upside limited," said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 18 points, or 0.09 per cent, higher at 19,529, signaling that Dalal Street was headed for positive start on Wednesday.

A team investigating sexual assault allegations against the late founder of a talent agency for boy bands says it has found the charges credible and is calling for financial compensation for the victims

Benchmark U.S. crude oil for October delivery rose $1.06 to $81.16 a barrel Tuesday

Real estate stocks added 1.4%. Asia In Asian stock markets, Hong Kong’s Hang Seng Index climbed 2% at 18,484.03. China's Shanghai Composite jumped 1.2% at 3,135.89.

₹45,000 crore to double its production capacity from the existing 2.25 million units to 4 million units in the next seven years, with a new one million-unit facility in Haryana’s Kharkhoda besides another one million unit plant at a new, undecided location. “The era ahead of us is going to be very uncertain and challenging. Putting up the 2 million cars will cost us close to ₹45,000 crore, depending on how inflation increases.

Netflix UK gears up to offer subscribers a captivating array of entertainment options throughout September 2023. From riveting crime dramas to heartwarming animated series, the upcoming month promises an eclectic mix of content for viewers to enjoy.