Japan Financial News

Benchmark U.S. crude oil for September delivery fell 43 cents to $81.37 a barrel Tuesday

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

Toyota’s profit for the first fiscal quarter jumped to 1.3 trillion yen, or $9 billion, hitting a quarterly record for Japan’s top automaker

Pfizer edged 1.2% lower after its quarterly revenue fell short of analysts’ expectations. European stocks declined on Tuesday, on shrinking factory activity in the euro zone. The pan-European benchmark STOXX 600 fell 0.9%.

Major cryptocurrency exchange Binance has announced the launch of a Japan-based arm roughly two years after receiving a warning from the country’s financial regulator.

Dubai's Virtual Asset Regulatory Authority (VARA) has granted an operating license to Laser Digital, the crypto division of the Japanese financial services giant Nomura.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

Warner Bros has issued an apology after the official Barbie Movie account responded to Barbenheimer memes featuring atomic bomb images. Some images portrayed Margot Robbie with a mushroom cloud hairstyle, to which the account replied, «This Ken is a stylist.» The movie Barbie is set to premiere in Japan on August 11, just five days after the 78th anniversary of the Hiroshima atomic bomb attack, causing the hashtag #NoBarbenheimer to trend on social media platforms in Japan for the past week with internet users flagging their concerns with the memes. Another meme image showing Cillian Murphy, who played Robert Oppenheimer, known as the «father of the atomic bomb,» carrying Ms Robbie through a burning city also sparked outrage. The official Barbie movie account replied, «It's going to be a summer to be remembered.»

Of the 12 funds which failed to delivered value, nine will apply lower annual management charges from the end of July 2023.

The rebrand does not affect the portfolio managers, the way funds are managed, or the investments of its clients.

When I was at Merrill, all through 2007 I was asked: “Where is this recession you’ve been calling for, Rosenberg?”

The crypto arm of Nomura has obtained an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA) amid the Japanese financial holding’s attempts to leave its mark in the digital asset space.

However, both the movies have created an uproar in Japan, all thanks to a meme. The Japanese chapter of Warner Bros condemned the ‘Barbenheimer’ meme and demanded the producers of both films to apologise. The meme is a viral fan-made poster shared by a film discussion Twitter account @DiscussionFilm.

Business Insider on 1 August, quoting a report from South China Morning Post. Incorporated on 20 July in Hangzhou city, the agrotech startup is called '1.8 Meters Marine Technology (Zhejiang) Co', said the report, adding Ma's off of investment holdings companies, Hangzhou Dajingtou No. 22 Arts and Culture Co., invested a 10% stake in the startup.

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Matterhorn mountain, precisely on Theodul Glacier in Zermatt. Through a meticulous forensic analysis, the remains were conclusively matched to the DNA of a German climber reported missing 37 years ago, affirming the climber's identity beyond any doubt. The climber, a 38-year-old German national, had initiated a trek up Matterhorn in September 1986, setting off a search and rescue mission that yielded no results.

Japanese bank DC Advisory has hired a second former Citigroup dealmaker for its technology team as it continues its recent hiring spree.

Homegrown self-tanner and skincare brand Bondi Sands has been offloaded to Japan’s chemical and beauty giant Kao Corporation in a cash deal estimated to be worth $450 million.

global financial crisis, rich-world central banks have bought trillions of dollars’ worth of bonds in an attempt to stimulate their economies. Now the bill is coming due. At the last count America’s Federal Reserve had a paper loss of $911bn on its $8.2trn securities portfolio.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — 1st August Japan’s Nikkei 225 gained 0.15%, while the Topix was flat. South Korea’s Kospi rose 0.66% and the Kosdaq added 0.48%. Hong Kong’s Hang Seng index futures traded around 270 points higher at 20,348, hinting a stronger open.

Marcus Blackmore, the major shareholder of vitamins group Blackmores, says he feels “bittersweet” as he receives $11.6 million from a special dividend being paid to all shareholders on Tuesday in the first step of Kirin Corp’s $1.9 billion buyout.