Japan Financial News

U.S. stocks are hanging near their records following a wild start to the week for financial markets in Asia

Japan’s Prime Minister Fumio Kishida will resign Tuesday, handing over leadership to his successor Shigeru Ishiba, who says he plans to call a snap election for Oct. 27

An investigation focused on three of the world’s largest shrimp producers claims that as big Western supermarkets make windfall profits, their aggressive pursuit of ever-lower wholesale prices is causing misery for people on the bottom end of the suppl...

critical minerals this week, two Indian government sources said, as the two countries try to bolster trade ties despite diplomatic hiccups. They are expected to sign an agreement to partner and cooperate in the area of critical minerals during Indian trade minister Piyush Goyal's visit to Washington, the sources said. Goyal is scheduled to be in the U.S. this week to discuss ways to deepen overall bilateral trade ties, according to one of the sources, weeks before the White House's preparation for a leadership change following the presidential election later this year.

Vinay Paharia, CIO, PGIM India MF, says some of the sectors with many of these high growth companies include the healthcare sector, consumer discretionary sector, some companies within the financial services, particularly the private sector banks, and high growth NBFCs. Wherever we are seeing companies with the ability to grow on a sustainable basis at a higher rates of growth, those companies would materially outperform.

Japan's benchmark Nikkei share average tumbled more than 4% on Monday in reaction to a sharply stronger yen after perceived monetary policy hawk Shigeru Ishiba won the contest to become the country's prime minister. The Nikkei traded 4.11% lower at 38,191.13 as of 0020 GMT, while the broader Topix index shed 2.9%.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Policy push by various countries and stricter emission norms are fuelling electric vehicle sales every year across key global markets, shows data from the International Energy Agency. However, penetration of hybrids (including strong hybrids and plug-in hybrids), driven purely by consumer choice, are climbing up at a faster pace. Since 2021, hybrid vehicle sales have been rising steadily in China, Japan, Korea, UK, France, and US, underscoring growing consumer preference for this technology, shows data collated by Nomura Research Institute. China leads the trend with a nearly fourfold surge in hybrid penetration levels to 19.9% in the first half of 2024 from 5.3% in 2021. Korea too has seen a big jump — to 25.2% from 11.8% in the same period. Other markets have shown a similar growth trajectory.

Subscribe to enjoy similar stories. It is a bruising ownership fight in South Korea over the world’s largest zinc smelter. Fueling the dispute: fears the company could one day fall into China’s hands.

Subscribe to enjoy similar stories. Bengaluru: Dragon Fund, which has backed prominent Indian startups including Meesho and Zepto, will ramp up its pace of investments in India and is likely to deploy more than half of its $500 million global fund it raised in 2023 by the end of this year, a top executive told Mint. “India will undoubtedly be one of our largest markets.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Subscribe to enjoy similar stories. Three scenes from the world of Japanese museums: Odawara, Japan: You walk along a level daylight-filled corridor, some 300 feet long, one side lined with glass, the other with volcanic stones pockmarked by fossilized insects. Nearing the end, as trees and plantings fall away, you reach a balcony overlooking the mists of Sagami Bay.

China introduced significant policy measures, including a 20bp OMO rate cut, a 30bp MLF rate cut, and adjustments to the prime loan rates. Deposit rates will decrease by 20-25bp, and a 50bp RRR cut will inject around RMB 1 trillion in liquidity, with further cuts possible. The PBOC will also reduce mortgage rates by 50bp, lower the down payment ratio for second homes, and explore options for banks to purchase land from developers. Additionally, an RMB 500bn liquidity program for non-bank financial institutions and a re-lending initiative for share buybacks were announced. The Chinese stock markets surged following the announcements, with the CSI 300 rising 15% and the Shanghai Composite up 12%. Some economic commentators suggested that these measures could help China curb slowing GDP growth and shift the economy from investment to consumption. However, with India's weight in the MSCI AC World Investable Market Index recently surpassing China's, some are concerned that foreign investors may now reallocate more funds to China.

My Hero Academia Season 7 is heading towards its final episodes. In My Hero Academia, there is a huge destruction in Japan which is caused by Tomura Shigaraki, All For One and other criminals, who are roaming freely in the country. Dexerto reported that All For One is currently hiding with Spinner and is planning to steal Star’s Quirk which will result in fulfilling his aim of world domination.

Jr NTR's much-anticipated film Devara: Part 1 at Beyond Fest 2024. The film, which premiered today, September 27, in multiple languages, marks Jr NTR's return to the big screen as a solo lead after six years.

Subscribe to enjoy similar stories. The recent slew of collaborations between homegrown designers and international brands can be taken as a sign of India’s growing influence in the global fashion and luxury industry. These partnerships, like Sabyasachi x Estée Lauder, Anamika Khanna x H&M, and Rahul Mishra x Tod’s, also showcase the power of Indian creativity and craftsmanship on a global scale.

Stocks in Asia are mostly higher, boosted by moves by China to rev up its economy

Linc on Thursday announced two joint ventures (JV) — with Japan's Mitsubishi Pencil Company where it has a 49% shareholding and an equal ownership JV with Turkey's Silka Kirtasiye Imalat Sanayi Ve Ticaret Ltd Sirketi (SILKA), as per company's disclosures to the stock markets. Incidentally, Mitsubishi Pencil also holds a 13.45% stake in Linc. The promoter and promoter group owns 59.5% in the company

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Japan finds out its next leader on Friday when the ruling party of outgoing Prime Minister Fumio Kishida picks his replacement in a key vote that could affect the country’s political stability in coming months

Jhumpa Lahiri has declined to accept an award from the Noguchi Museum in Queens in protest after it fired three employees who had worn kaffiyehs in solidarity with Palestinians in Gaza. «Jhumpa Lahiri has chosen to withdraw her acceptance of the 2024 Isamu Noguchi Award in response to our updated dress code policy,» the museum said in a statement on Wednesday. «We respect her perspective and understand that this policy may or may not align with everyone's views,» The New York Times cited the statement as saying of Lahiri. «We remain committed to our core mission of advancing the understanding and appreciation of Isamu Noguchi's art and legacy while upholding our values of inclusivity and openness.»