Japan Financial News

MUMBAI : SoftBank’s Svf Growth (Singapore) Pte. Ltd is set to divest a 1.17% stake in Zomato Ltd on 30 August. The deal is expected to fetch ₹940 crore ($114 million) for the Japanese investor.

US Federal Reserve, has reiterated the Fed’s commitment to bringing down inflation to its preferred level of 2%. “We must keep at it until the job is done," Powell said on Friday, implying that interest rates will remain high until the Fed is confident that it has a firm grip on bringing down inflation. The Fed tries to control inflation by raising the federal funds rate, the interest rate at which banks in the US lend money to each other on an overnight basis.

International Day Against Nuclear Tests is being observed on Tuesday, August 29 across the world. The main aim of observing this day is to increase awareness about the impacts of nuclear tests and nuclear explosions. It also aims to increase awareness about a nuclear-weapon-free world. The U.S.A. is the only country to have used nuclear weapons. It dropped nuclear bombs on the Japanese cities of Nagasaki and Hiroshima during World War II. Though no nuclear weapon has been used since then, many more countries have developed nuclear weapons.

Solana is a high-performance blockchain that aims to provide fast, scalable, and low-cost transactions. Solana uses a novel consensus mechanism called Proof of History, which allows Solana network to process thousands of transactions per second. Solana has attracted a lot of attention from developers and users, especially in the fields of decentralized finance (DeFi) and non-fungible tokens (NFTs).

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'We should not dismiss the fact a window of opportunity may be opening to exit deflation,' Japan's government said.

Meta on Tuesday said it purged thousands of Facebook accounts that were part of a widespread online Chinese spam operation trying to covertly boost China and criticize the West. The campaign, which became known as «Spamouflage», was active across more than 50 platforms and forums including Facebook, Instagram, TikTok, YouTube and X, formerly known as Twitter, according to a Meta threat report. «We assess that it's the largest, though unsuccessful, and most prolific covert influence operation that we know of in the world today,» said Meta Global Threat Intelligence Lead Ben Nimmo. «And we've been able to link Spamouflage to individuals associated with Chinese law enforcement.» More that 7,700 Facebook accounts along with 15 Instagram accounts were jettisoned in what Meta described as the biggest ever single takedown action at the tech giant's platforms. «For the first time we've been able to tie these many clusters together to confirm that they all go to one operation,» Nimmo said. The network typically posted praise for China and its Xinjiang province and criticisms of the United States, Western foreign policies, and critics of the Chinese government including journalists and researchers, the Meta report says. The operation originated in China and its targets included Taiwan, the United States, Australia, Britain, Japan, and global Chinese-speaking audiences. Facebook or Instagram accounts or pages identified as part of the «large and prolific covert influence operation» were taken down for violating Meta rules against coordinated deceptive behavior on its platforms. Meta's team said the network seemed to garner scant engagement, with viewer comments tending to point out bogus claims. Clusters of fake accounts were run

By Patrick Wingrove

By Tom Westbrook

TOKYO (Reuters) -Japan threatened on Tuesday to take China to the World Trade Organization to seek a reversal of Beijing's ban on all of its seafood imports after the release of treated radioactive water from the stricken Fukushima Daiichi nuclear power plant.

Asian shares are mostly rising as markets shift their attention from the U.S. Federal Reserve to earnings and economic reports

By Yoshifumi Takemoto

Rare earths play Northern Minerals, which counts Iluka as an offtaker, and nickel junior Ardea Resources, which is negotiating a joint venture with a Japanese investor trio, rounded off Tuesday’s follow-on raisings on the ASX.

All 28 vehicle assembly lines at Toyota’s 14 auto plants in Japan have shut down over a problem in its computer system that deals with incoming auto parts

Japanese Prime Minister Fumio Kishida has asked China to urge its citizens to halt acts of harassment, including crank calls and stone throwing at Japanese diplomatic facilities and schools, in response to Japan's release of treated radioactive wastewa...

Toyota has halted operations at most of its assembly plants in Japan due to a malfunction in the company's production system. Operations were halted on Tuesday morning and a company spokesman said it wasn't clear whether they would resume in the afternoon shift.

Kim Jong Un called for his military to be constantly ready for combat to thwart plots to invade his country, as he accused the U.S. of conducting «more frantic» naval drills with its allies near North Korea, state media reported Tuesday. The U.S. and South Korean militaries are holding joint summer exercises that North Korea views as an invasion rehearsal.

Gold prices gained on Tuesday as the dollar and Treasury yields retreated from recent highs ahead of crucial U.S. inflation and jobs data this week that could define the outlook for interest rates. FUNDAMENTALS * Spot gold was up 0.1% at $1,921.69 per ounce by 0113 GMT, having hit its highest since Aug.

Asian stocks broadly rose after US equities moved higher, with traders awaiting a raft of economic figures over the next few days for clues on the outlook for global central bank policy. An Asian equity gauge climbed 0.5%, supported by gains in Hong Kong, Japan and Australia. Shares in mainland China fell at the open, before heading into positive territory.

Also Read: 5 things that changed for market overnight: Gift Nifty, US stocks, Japan's jobless rate to global cues for Sensex today Here’s what to expect from Nifty and Bank Nifty today: Nifty remained sideways throughout the day on Monday before closing with a Doji formation. “Although the trend remains weak, the failure to fall below 19,245 on a closing basis may lead to a short-term pullback in the market. The RSI has shown a bullish crossover.

Indian stock market is expected to open on a strong footing Tuesday led by positive global cues as Asian markets traded higher, while the US stocks also gained overnight. Investors await the release of key economic data this week that will guide the market going ahead. On Monday, the domestic benchmark equity indices Sensex and Nifty ended higher, snapping two-day losing streak, amid largely positive global cues after China announced steps to give a boost to its market.