Japan Financial News

Nippon Steel Corp. is raising its capital commitment by more than $1 billion to spend on U.S. Steel's plants amid entrenched political and labor opposition to the Japanese company’s acquisition of the American steelmaker

Mint. This follows an aggressive expansion period for the banking technology startup, when the company targeted entering 30 countries and newer verticals after raising its first institutional funding of $250 million from SoftBank Vision Fund 2 at a valuation of $1.45 billion in 2021. "We have a razor-sharp focus on India.

economic data pared bets for aggressive Federal Reserve interest rate cuts. The euro languished close to a two-week low to the dollar as cooling inflation in Germany and Spain boosted the case for European Central Bank easing.

bullish futures bets to the September series on the expiry of the August contracts on Thursday as technical indicators are pointing to more upside in the near term, said analysts. Provisional trends, according to analysts, showed the rollover to the September derivatives series was higher than normal.

Sri Lanka's Debt Sustainability Agreement, Foreign Minister Ali Sabry has said resuming negotiations with the IMF could jeopardise its next tranche due in December and subsequent disbursements from the World Bank and the Asian Development Bank. The conditions for the Debt Sustainability Agreement (DSA) have now become part of the law and cannot be easily altered, Sabry said. He emphasised that renegotiating the deal could lead to further economic instability in the island nation, which is recovering from the worst-ever economic turmoil it suffered in 2022. Sri Lanka declared its first-ever sovereign default in mid-April 2022, having run out of its foreign exchange reserves. The halt to the debt services meant that the multilateral creditor nations and commercial lenders could not extend fresh financing to the country.

Asian shares are mostly lower as market attention turns to upcoming data on the U.S. economy after Nvidia reported its financial results

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...

My Hero Academia Season 7 continues with Episode 15, set to release on August 31, 2024. The series, available on Crunchyroll, has seen multiple breaks, but fans can now look forward to the upcoming episodes.

Hockey India named an 18-member Indian men's hockey team for the prestigious Asian Champions Trophy scheduled to begin in Hulunbuir, Inner Mongolia in China from September 8 to September 17. The tournament will see Asia's top hockey-playing nations India, Korea, Malaysia, Pakistan, Japan and hosts China vie for honours. The defending Champions India will be led by ace drag-flicker Harmanpreet Singh and will be supported by experienced midfielder Vivek Sagar Prasad as the vice-captain.

Maruti Suzuki’s dedication to achieving carbon neutrality, revealing that the company is actively exploring ways to accelerate the development of new technologies and products.The automaker is expected to leverage the technical expertise of Japan’s Suzuki Motor Corporation as it prepares to unveil its first-ever electric vehicle at the 2025 Bharat Mobility Global Expo, scheduled for January 17. This marks a significant step for Maruti Suzuki as it enters the electric vehicle market, albeit later than some of its competitors.The upcoming electric vehicle is expected to be based on the eVX concept, a compact electric SUV that has already been showcased in India and internationally.

Global equities edged higher ahead of a key earnings release from Nvidia Corp., the $3 trillion stock at the forefront of the global artificial intelligence frenzy. 

By Matthew Hayward, Senior Market Analyst at PrimeXBT

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Asian shares are trading mostly lower, despite a record high on Wall Street, as investors awaited a closely watched earnings report from Nvidia

Japan's Nikkei share average edged lower on Wednesday as a strengthening yen weighed on the index's many exporters, while looming earnings from AI darling Nvidia later in the day kept investors cautious. The Nikkei was down 0.3% at 38,167.80 as of 0019 GMT, continuing its narrow fluctuations since mid-month anchored around the psychological 38,000 mark.

Japan External Trade Organisation organised University Connect, an interactive event here to bring together Japanese businesses that are keen on hiring Indian talent and the best colleges of Karnataka. University Connect is a global campaign to connect with universities outside of Japan in order to encourage students to pursue employment opportunities in Japanese businesses. «This was the first one held in Bengaluru. Ten Japanese companies and seven Indian institutions attended. There was a more than anticipated exchange of view points and excitement. The Japan External Trade Organisation (JETRO) is determined to keep growing its network of universities in Karnataka actively and will do everything in its power to assist Japanese businesses in hiring skilled Indians,» said Toshihiro Mizutani, Director General of JETRO Bengaluru.

Asian stocks are mixed after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy

Two major hedge funds have cut portfolio managers in Asia. 

tech giants dragged down Wall Street, as focus shifted from the Federal Reserve’s policy outlook to Nvidia Corp.’s earnings later this week. Japanese and South Korean stocks turned slightly higher after earlier losses, with mild gains in Australia. Hong Kong futures pointed to a weak opening, while contracts for US peers were steady after some of the world’s largest tech names pushed US stocks lower.