Japan Financial News
28.07 / 13:57
Asia
Value
equity
Unit trusts/OEICs
Harrington Cooper brings Japanese value fund to UK market
The portfolio is comprised of 30-40 holdings with a focus on the mid-cap space and has a constraint of around $600m due to opportunity set and universe liquidity.
28.07 / 13:57
markets
economics
inflation
Interest rates
Global
Bank of Japan keeps interest rates negative as it sets out flexible yield curve control plans
'In order to encourage the formation of a yield curve, the bank will continue with large-scale Japanese government bond purchases.'
28.07 / 13:35
28.07 / 13:33
28.07 / 13:33
Japan's central bank keeps its benchmark interest rate unchanged but pledges greater flexibility for bond purchases
Japan's central bank keeps its benchmark interest rate unchanged but pledges greater flexibility for bond purchases
28.07 / 13:33
UPS
CEO
Enterprise
Biogen
Biogen to bulk up rare disease treatments with $7 billion Reata acquisition
Alzheimer’s treatment developer Biogen is spending more than $7 billion to buy Reata Pharmaceuticals and bolster its rare disease treatments
28.07 / 12:17
28.07 / 12:17
UPS
Target
band
show
BOJ to carry out yield curve control with 'greater flexibility'
Investing.com — The Bank of Japan kept interest rates at ultra-low levels on Friday and said that while it will continue with its yield curve control (YCC) operations, it will adopt a less strict approach to keeping yields within its target range.
28.07 / 12:01
28.07 / 11:22
AXY
TCS
SENSEX
Drag
Sensex falls for second day, sheds 107 pts as IT, financials drag
Japan’s central bank opted to keep its benchmark interest rate at minus 0.1% but fine-tuned its bond purchases to allow greater flexibility. The BSE Sensex index ended 106 points or 0.16% lower at 66,160, while Nifty50 fell 14 points or 0.07% to settle at 19,646.
28.07 / 10:44
Lowe's
Reuters
NIFTY
SENSEX
end
Market Wrap: Sensex, Nifty end lower amid weak global cues; mid, smallcaps outperform
Nifty ended lower on Friday (July 28), extending losses into the second consecutive session, amid weak global cues. “Global shares paused for breath on Friday as investors digested monetary policy steps from Japan and inflation data on both sides of the Atlantic in the hope of more evidence to persuade central banks to end their rate hiking cycle," reported Reuters. As per media reports, the Bank of Japan has changed its approach to managing interest rates.
28.07 / 10:05
Blockchain
Adoption
Altcoin
Japanese Web3 developer HashPort Group raises $8.5M in funding round
Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round brings HashPort’s total funding to 2 billion yen ($14.2 million).
28.07 / 09:15
28.07 / 07:51
Provident
Waters
ICE
Discover
Glacier
cover
rock
IISc & Japanese scientists discover 600-million-year-old ocean water in Himalayas
Himalayas, scientists at the Indian Institute of Science (IISc) and Niigata University, Japan, have discovered droplets of water trapped in mineral deposits that were likely left behind from an ancient ocean which existed around 600 million years ago. Analysis of the deposits, which had both calcium and magnesium carbonates, also allowed the team to provide a possible explanation for events that might have led to a major oxygenation event in Earth's history, Bengaluru-based IISc said in a release on Thursday.
28.07 / 07:45
28.07 / 07:19
UPS
FIVE
Cooper
Manufacturing
Action
Strategy
electronic
India-Japan forge strategic ties to strengthen semiconductor manufacturing, supply chains
Yoshimasa Hayashi, also deliberated on enhancing cooperation in defence equipment and technology. The discussions took place as part of a two-day visit by Hayashi to the Indian capital, AP reported.
28.07 / 07:19
Waters
Volkswagen
Compilation
BMW
Mercedes-Benz
Highways
Ship carrying nearly 3800 vehicles including BMWs and Mercedes still ablaze off coast for second day
The Dutch coast guard, in charge of managing the situation, has reported that a cargo ship carrying nearly 3,800 cars and construction vehicles is expected to keep burning for several more days. The vessel, named Fremantle Highway, caught fire off the coast of the Netherlands during the early hours of Wednesday. Tragically, one crew member lost their life, and several others sustained injuries, being airlifted or taken by lifeboats for medical assistance.
28.07 / 07:19
UPS
Target
Reuters
Nikkei
show
Bank of Japan holds interest rates, makes yield curve control policy more flexible
Also Read: The US Fed rate hike leads to volatility in markets as indices decline 0.6% Japanese markets declined, with the Nikkei falling over 2% to around 32,275. However, the Tokyo Stock Exchange's banking index rose on the prospect of a steeper yield curve, which would revive profit from lending.
28.07 / 06:17
COST
UPS
Extreme
Manufacturing
Gap
Fine
Japan's central bank retains key interest rate while fine-tuning bond purchases for more flexibility
Japan's central bank opted Friday to keep its benchmark interest rate at minus 0.1% but said it will fine-tune its bond purchases to allow greater flexibility given «high uncertainties» for the economy and for prices. The Bank of Japan said it needed a more nimble approach to keep financial markets stable as it works toward a goal of keeping inflation near 2%. It said it would offer to buy 10-year Japanese government bonds at 1% each business day, instead of the upper limit of 0.5% that was imposed under its «yield curve control program.» After the BOJ's announcement, the yield on the 10-year government bond surged to 0.57%.
28.07 / 05:07
Target
MET
Cooper
Manufacturing
country
electronic
India and Japan look to collaborate in building semiconductors and resilient supply chains
India and Japan explored collaborating in critical technologies, including semiconductors and resilient supply chains, as part of plans to reach a target of $35.9 billion Japanese investment in the country by 2027, officials said on Friday. Foreign Ministers of India and Japan, S. Jaishankar and Yoshimasa Hayashi, met in New Delhi on Thursday and also discussed ways to deepen defense equipment and technology cooperation.
28.07 / 04:27
UPS
Manufacturing
CEO
expansion
TSMC
TSMC reassures commitment to Taiwan amid global expansion
TSMC reaffirmed its investment commitment to Taiwan on Friday as the world's largest contract chip maker ramps up expansion abroad. Speaking at a ceremony to open a massive global research and development center in Taiwan's chip hub of Hsinchu, CEO C.C.
breaking news about Japan
What is the current situation in Japan?
In Japan, the spotlight is on local government initiatives that affect the region’s daily life.
Where can I find reliable news about Japan?
We publish in-depth coverage about the situation in Japan, based on information from official representatives.
What shapes the media agenda in Japan?
The news landscape of Japan is shaped by major cultural and social events, reflecting its unique context.