Japan Financial News

Japanese government officials sought understanding from fisheries groups for the release of treated radioactive wastewater from the wrecked Fukushima nuclear plant into the sea and pledged to support their livelihoods throughout a process that will tak...

New Delhi: State-owned Power Finance Corporation (PFC) on Monday said it has signed a loan agreement with Japan Bank for International Cooperation (JBIC) for JPY 1.85 billion or $1.28 million for a waste-to-energy project in Karnataka. The agreement was signed under the long-term facility of JPY 30 billion provided by JBIC to PFC.

Sony PS5 standard disc edition at ₹47,490 only at participating retailers. The discount will be applicable from August 24, 2023 through September 2nd, 2023. As announced by the company, the ₹7,500 off PS5 promotion will be available at Amazon, Flipkart, Shopatsc, Reliance, Croma, Vijay Sales & select retailers The PS5 gaming console has two editions- the Standard and the Digital Edition.

Asian markets stumbled on Monday after China delivered a smaller cut to lending rates than markets had counted on, continuing Beijing's run of disappointing stimulus steps. China's central bank trimmed its one-year lending rate by 10 basis points and left its five-year rate unmoved, a surprise to analysts who had expected cuts of 15 basis points to both. Disappointment at the meagre move saw Chinese blue chips ease 0.3%, while the Australian dollar took a dip as a liquid proxy for China risk.

Indian stock market is expected to open on a flat note Monday following mixed global cues. The domestic benchmark equity indices ended lower for the fourth consecutive week, the longest stretch of weekly declines in over a year. A sharp spike in domestic retail inflation, weak industrial production for June, worries over likely another interest rate hike by the US Federal Reserve, depreciation in rupee against US dollar, FII outflow, rising US bond yields and slowing China’s economy weighed on investors sentiment.

The investor pushing to stop Whitehaven Coal’s acquisition of two major BHP mines in a multibillion-dollar deal is secretive London hedge fund Bell Rock Capital Management, The Australian Financial Review can reveal.

IT hardware industry is increasingly concerned about what could be New Delhi’s definition of “trusted hardware”, with the Centre stressing that imposition of import curbs on laptops, tablets and servers is primarily due to national security reasons. Industry executives say that while the government has been successful in restricting Chinese players Huawei and ZTE from participating in India’s 5G rollout after adoption of the “trusted sources” approach, replicating the same for IT hardware won’t be feasible. That’s because unlike telecom equipment, laptops/tablets are consumer devices. More importantly, more than 80% of the market is controlled by non-Chinese firms belonging to the US, Japan, South Korea and Taiwan, which are already trusted trade partners of India, said industry executives. Lenovo is the only Chinese firm. Under India’s new rules for security of mobile networks, telcos are mandated to buy network equipment only from entities labelled by the National Cyber Security Coordinator as a ‘trusted source’ and product designated as a ‘trusted’ one.

By Alasdair Pal

Captain Olga Carmona scored the winner in the first half as Spain won the Women’s World Cup for the first time by beating England 1-0 in the final in front of 75,784 fans at Stadium Australia on Sunday.

pharma industry sees an abatement in price erosion, which is in single digits, say industry analysts. This has also started to show in sales from India to the US, India’s biggest market rising 6.2% to $7.5 billion last fiscal year, shows government data. ICICI Securities Ltd, in its Q1FY24 pharma sector preview report, highlighted that growth in Q1FY24 will be driven by volumes in the US market: “Aggregate US sales of coverage universe (companies covered by the firm) is likely to grow...

One Piece is currently ablaze with excitement as Gear 5 takes the spotlight, adding an electrifying edge to the ongoing saga. The clash between Luffy and Kaido has turned out to be a true standout, arguably the series' most exhilarating showdown to date. As fans remain on the edge of their seats, the burning question looms: Will Luffy finally emerge victorious against his formidable adversary? Amidst this intense thrill, the Wano Country Saga has also unveiled its darker shades, shedding light on the brutal personalities of Kaido and Orochi.[Spoliers Ahead] In a surprise move, Eiichiro Oda, the creator of this epic tale, introduced a lighthearted twist by humorously depicting Gear 5 in the style of classic cartoons like Tom & Jerry, much to the delight of the fandom.

semiconductors and electronics in the one year since President Joe Biden signed off on a law that promotes the sector. In June, US-based Intel said it would invest $33 billion in Germany to expand in Europe. The number of semiconductor fabs processing 300-mm wafers globally is projected to jump from 138 in 2020 to 180 in 2023 and 233 in 2027.

paperboard surged by 39 per cent at 409,000 tonnes in the first quarter of 2023-24 against 294,000 tonnes in the year-ago quarter, according to an industry body. In value terms, imports rose by 28 per cent to Rs 3,153 crore in the first quarter of FY2023-24 compared to the year-ago period, Indian Paper Manufacturers Association said citing Directorate General of Commercial Intelligence and Statistics data. The surge in imports comes on the back of a 25 per cent increase in paper and paperboard imports in FY2022-23 over the previous fiscal, according to the official trade data. In FY23, paper and paperboard worth Rs 12,531 crore were imported. In the April-June period of FY24, imports from ASEAN jumped nearly three-fold and from China by 37 per cent in volume terms. Imports of all grades of paper accelerated in the first quarter with the highest jump of 214 per cent seen in imports of uncoated writing & printing paper, 28 per cent in coated paper and paperboard, 15 per cent in kraft paper and 65 per cent in tissue paper imports. The top import sources of uncoated writing & printing paper are Indonesia, Singapore and China. The top import sources of coated paper and paperboard are China, Japan and South Korea, the Indian Paper Manufacturers Association stated in a statement.

Japan and Australia are planning a joint navy drill in the South China Sea off the western Philippines this week to underscore their commitment to the rule of law in the region after a recent show of Chinese aggression in the disputed waters, Filipino security officials said Sunday. On Aug. 5, Chinese coast guard ships used water cannons against Philippine vessels in the contested waterway where disputes have long been regarded as a potential flashpoint and have become a fault line in the rivalry between the U.S.

Fumio Kishida made a brief visit to the tsunami-wrecked Fukushima nuclear plant on Sunday to highlight the safety of an impending release of treated radioactive wastewater into the Pacific Ocean, a divisive plan that his government wants to start soon despite protests at home and abroad. His trip comes hours after he returned home Saturday from a summit with U.S.

Sweden isn't the place that connoisseurs would define as prime wine country and its commercial vineyards are still tiny compared to France, Italy or Spain

Japanese Prime Minister Fumio Kishida will make a brief visit to the tsunami-wrecked Fukushima nuclear plant on Sunday to highlight the safety of an impending release of treated radioactive wastewater into the sea, a divisive plan that his government w...

Benchmark U.S. crude oil for September delivery rose 86 cents to $81.25 a barrel Friday

Japanese Prime Minister Fumio Kishida says he will visit the tsunami-wrecked Fukushima nuclear plant on Sunday before setting a release date for its treated radioactive wastewater, as his government continues working to promote understanding over the c...

A Japanese town says it has agreed to a geological study to determine its suitability as an interim storage site for spent nuclear fuel

food and beverage packaging industry that is growing by 14.8 per cent annually is expected to reach USD 86 billion in 2029, following rapid urbanisation, rising disposable incomes and evolving consumption patterns, All India Food Processors Association said on Saturday. «Post-Covid-19, the demand for natural food ingredients has surged. FSSAI's new regulations for nutraceuticals and organic foods are driving growth in the sector.