Japan Financial News

By Leika Kihara

Also read: Aussie sailor, dog rescued after 2 months at sea, survives on a diet of ‘raw fish and rainwater’ Toco answered a number of questions in a video that was posted last year, in which he said “had a vague dream of becoming an animal" ever since he was a child. He chose to become a collie due to the negligible size difference between humans and the breed.

(Reuters) — A look at the day ahead in European and global markets from Wayne Cole.

Maruti Suzuki India Ltd, the largest passenger vehicle manufacturer in the country, is set to announce its Q1 results today. The auto major is likely to see its net profit more than double in the first quarter of FY24 as compared to the same period last year. During Q1FY24, the automobile industry overall witnessed higher realization led by price hikes and improved volume driven by a strong order book, new product launches, and increased demand for personal mobility.

shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings and earnings updates from mega caps Amazon and Apple, though rising Japanese bond yields were a risk. The early impetus for shares was positive following Friday's U.S. data showing an easing in wage costs and core inflation, which fuelled hopes the Federal Reserve was done tightening.

Gold prices were bound to post their biggest monthly rise in four on Monday, helped by growing expectations that major central banks may be nearing the end of current monetary policy tightening cycles in their fight to rein in inflation. FUNDAMENTALS * Spot gold was down 0.2% at $1,956.02 per ounce by 0110 GMT, while U.S. gold futures slipped 0.3% to $1,955.40 per ounce.

Also Read: Gift Nifty, rally in Asian markets and US stocks to Japan’s policy tweak - key triggers for Indian stock market today The Nifty rollover was near 84%, which is significantly higher compared to last month and its three months average of 76.87%. The high rollover along with high roll premiums (~181 points) suggests that long positions which were built in July series are getting carried forward into the August series, ICICI Direct said. Nifty declined on Friday, but showed decent upside recovery to close the day off the lows at 19,646.05 level.

By Rae Wee

TOKYO (Reuters) — Japan's factory output rose 2.0% in June from the previous month, government data showed on Monday.

inflation data from across the region this week. US markets ending higher on Friday also improved sentiment. China is set to release its July purchasing managers index on Monday, while the US ISM surveys on manufacturing and services, the July payrolls report and European inflation due this week will also be eyed.

Canara Bank expects its mutual fund and insurance joint ventures to apply for their IPOs over the next 18 months as the other shareholders have agreed in principle to the listing plan, its managing director K Satyanarayana Raju has said. In an interview with Atmadip Ray, Raju also said the bank's move to spin off its credit card business will help grow this business by leaps and bounds. Edited excerpts:You earlier told ET that the bank's management decided to list Canara HSBC Life Insurance and Canara Robeco Asset Management. How far have you progressed in this direction? We have spoken to the other shareholders and advised the respective management in these subsidiaries to prepare a road map for listing.

By Leika Kihara

By Wayne Cole

NEW YORK (Reuters) — A look at the day ahead in Asian markets from Stephen Culp, financial markets columnist.

India is expected to send a senior diplomat to represent the country at a peace summit seeking to find a way to end the conflict between Russia and Ukraine organised by Saudi Arabia in Jeddah in early August, ET has learnt. India, Brazil and South Africa have been invited to attend the meet of 30 nations as part of Saudi efforts to initiate deal between Ukraine and Russia.

New Delhi: External affairs minister S. Jaishankar on Sunday called on businesses to “optimize globalization" as global supply chains become more distributed. “There is already a debate underway on the downside of globalization.

Standard Chartered Bank said. The boost in income will help the country to become a middle-income economy with a GDP of $6 trillion and half of it will be coming from household consumption, the research added. Since 2001, the per capita GDP grew from $460 to $1,413 in 2011 to $2,150 in 2021.

Olympic champion Katie Ledecky achieved an extraordinary feat on Saturday, surpassing Michael Phelps' record for the most individual world swimming titles. At the World Aquatic Championships in Fukuoka, Japan, Ledecky secured her 16th world title by dominating the 800-meter freestyle, her favored distance, in an impressive time of 8:08.87. This historic victory marked her sixth consecutive win in this event, setting the longest streak ever seen in the championships' history.

per capita income is likely to grow by nearly 70 per cent to USD 4,000 by FY 2030 from USD 2,450 in fiscal 2023, helping it become a middle-income economy with USD 6-trillion GDP, stated a report. According to the report, the major growth driver will be external trade which may nearly double to USD 2.1 trillion by 2030 from USD 1.2 trillion in fiscal 2023 when the GDP printed in at USD 3.5 trillion. Furthermore, household consumption will also play a key role.

During his address at the Semicon India Conference on Sunday, India’s External Affairs Minister S Jaishankar called on businesses to optimise globalisation as global supply chains become more distributed. “There is already a debate underway on the downsides of globalisation. But in the technology and manufacturing worlds, this is a reality that cannot be reversed.

Japan’s Foreign Minister Yoshimasa Hayashi says that Sri Lanka's strategic location in the Indian Ocean makes it a key partner in realizing a free and open Indo-Pacific