Japan Financial News

Japanese giant Suntory will merge its two drinks businesses in Australasia to create a $3 billion-a-year company that will see alcohol brands including Jim Beam and the No.2 ready-to-drink spirits brand -196 brought under the same roof as non-alcohol products.

Russell Crowe and directed by Julius Avery, premiered in theaters worldwide earlier in 2023. Now, it is scheduled to come to Netflix in the United States through the Sony Picture first window output deal. However, viewers in other regions will have to wait a bit longer before it becomes available on the platform. The movie, ‘The Pope’s Exorcist’ is based on the real-life files of Father Gabriele Amorth, who investigated a young boy's frightening possession. Alongside Crowe, the film features actors Daniel Zovatto, Alex Essoe, and Franco Nero. Reviews for the movie have been mixed, with Moviehole comparing it to a blend of The Da Vinci Code and The Exorcist, praising Crowe's performance as the standout factor. The Pope's Exorcist debuted in the United States on April 14th, 2023, while international regions showcased it a week earlier on April 7th. It grossed over $75 million at the box office and received mostly positive feedback from audiences, though critics' ratings on RottenTomatoes stand at 45%.

Spirited Away," is set to captivate audiences in London. The highly acclaimed production will grace the London Coliseum, the largest West End theater, for a thrilling 12-week run starting in April 2024. Director John Caird expressed his pride and delight in presenting the original Japanese stage production of «Spirited Away» at the Coliseum Theatre. The show, created in 2022, promises to transport British audiences into the magical world crafted by Hayao Miyazaki.

Liverpool and Bayern Munich are against each other in a pre-season friendly match at the Singapore National Stadium on August 2, 2023. Both teams will use the opportunity to assess new signings and gain crucial match minutes ahead of the upcoming season.

The major crypto exchange Binance has officially entered the Japanese market with the launch of Binance Japan K.K.

August has a history of being a somewhat quiet month in the financial world.

By Harry Robertson and Rae Wee

Fujikawa was also a director of the board of BlackRock Japan, and a member of the executive committee.

Homegrown swimwear brand Seafolly has been sold by its private equity owner, US retail specialist L Catterton, to an Asian strategic buyer in a deal valuing the famous label at about $70 million.

Binance has declined to comment on a media report that CEO Changpeng Zhao almost shuttered the crypto trading platform's arm in the United States in an effort to protect its global company.

The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya, with the government halting all local activity associated with it.

Japanese shares slid on Wednesday to their biggest one-day percentage drop this year, as caution prevailed across Asia after a surprise cut on the U.S. credit rating weighed on sentiment. Japan's benchmark Nikkei average closed down 2.30% at 32,707.69 in its sharpest one-day drop since Dec.

RIT cited difficult market conditions, persistent inflation and rising interest rates as some of the reasons for its results.

typhoon slammed Okinawa and other islands in southwestern Japan Wednesday with high winds injuring more than 20 people as it moved west making its way toward mainland China. Typhoon Khanun, which means jackfruit in Thai, was heading west at speeds of 10 kph (6 mph), packing surface winds of up to 180 kph (111 mph). It was at sea southwest of Okinawa's main island, according to the Japan Meteorological Agency.

dollar struggled to make headway on Wednesday after a cut on the U.S. government's top credit rating by Fitch raised questions about the country's fiscal outlook, though it drew some support from a relatively resilient run of economic data. Rating agency Fitch on Tuesday downgraded the United States to AA+ from AAA in a move that drew an angry response from the White House and surprised investors, coming despite the resolution two months ago of the debt ceiling crisis.

Asian stocks traded lower while U.S. Treasury yields declined on Wednesday, after ratings agency Fitch unexpectedly downgraded the United States' top-tier sovereign credit rating.MSCI's broadest index of Asia-Pacific shares fell 0.5%. Japan's Nikkei slid by 1.2%, while Australian shares edged down 0.5%.

Overall, we expect the market to consolidate in a range with a positive bias as we move further into the earning season," 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 negative startGIFT Nifty on the NSE IX traded 23 points, or 0.12 per cent, lower at 19,779, signaling that Dalal Street was headed for negative start on Wednesday.

Read here: Fitch cuts US credit rating to AA after debt limit standoffs Meanwhile, a report from the Institute for Supply Management said that in July manufacturing contracted at a slightly worse pace than economists expected, but not as badly as it did in June. A separate report from S&P Global also said US manufacturing is continuing to decline. In Japan, the Nikkei 225 declined 1.48%, while the Topix fell 1.11%.

Australia’s ambitions to develop a green hydrogen industry have suffered only a temporary setback from the US Inflation Reduction Act, and enjoy positive prospects at the hands of state and federal policies, funding support, and demand from key Asian trading partners.

Fitch lowered the country's top credit rating. The 10-year Treasury note declined about 3.2 basis points (bps) to 4.015% as of 0017 GMT, retracing part of its 9 bps rise from Tuesday.

hiring platform for students and graduates, on Tuesday said it has raised $5 million from Japan-based human resources firm Mynavi, online education provider Coursera and others. The Delhi-based startup is Coursera’s first India-based investment. Unstop will use the capital to enhance its technology, marketing, product and sales functions, as per a statement.