Japan Financial News

Alimentation Couche-Tard made a proposal to take over much larger rival and 7-Eleven owner Seven & i Holdings Co, in what would be the biggest foreign takeover of a Japanese company. A merger would create the world's top operator of roughly 100,000 convenience stores. Valued at the equivalent of $31 billion before news of the offer emerged, Seven & i shares jumped 23% on Monday. The company said the bid was preliminary and non-binding, without disclosing terms. A special committee of independent outside directors will make a «prompt, careful and comprehensive review of the proposal,» Seven & i said in a statement Monday. Couche-Tard confirmed it made a «friendly, non-binding proposal» but gave no details, and said it's not certain an agreement will be reached.

Ben Affleck and Jennifer Garner, for years have remained notable for their genuine and loving approach towards their children. They are described as ‘best friends exes’ and perfect examples of how good exes can be when co-parenting. Jennifer Garner has posted photos on Instagram of her vacation in Japan. This relatively recent family trip to Japan, during which they were allegedly seen quietly and inconspicuously feasting and ‘partying’ Ben Affleck’s birthday in a low-key manner, according to Fox News Digital. She shared images of serene temples, delectable food, and a Japanese Wolverine poster. Garner could be seen in a few of the pictures, she wasn't travelling alone. In all probability, it is believed that Ben Affleck accompanied Garner and their kids, Violet, Seraphina and Samuel on this lovely vacation. Also Read :Democratic National Convention: When and where to watch Joe Biden’s speech at DNC 2024?

Japan sent out its first-ever megaquake warning following an earthquake of 7.1 magnitude on the Richter scale that occurred on the southern island of Kyushu. It wasn't the main concern, even though the shaking didn't produce much ramifications but the largest tsunami wave it produced would have reached one’s knee. Instead, seismologists were worried that the earthquake would cause tension that might set off a bomb that was ticking away offshore in Japan, near the Nankai trough, which is probably the most dangerous fault in the nation. The Japanese government estimates that the subduction zone has the capacity to produce tsunami waves up to 100 feet tall and kill almost a third of a million people. As quoted in a report by NBC News, Harold Tobin, Washington state’s seismologist, stated, «We don't have such a protocol» in the United States. However, the Cascadia subduction zone has equally dangerous faults. The Cascadia fault's 9.0 magnitude earthquake and the fatal tsunami, according to the Federal Emergency Management Agency, would kill 14,000 people in Oregon and Washington. Tobin has been considering this scenario for years: What justifies raising the alarm if he discovers evidence, even if it's slight, that a catastrophic earthquake is more likely to occur? Part of Tobin's dilemma stems from this peculiar period in his field: In the world's most seismically hazardous areas, researchers believe they are narrowing in on the causes or precursors of earthquakes, but the science is far from conclusive.

My Hero Academia" season 7 has so far released 13 episodes and fans are curious to know release dates of all episodes of the popular anime. «My Hero Academia» season 7 episode 13 was released on August 17. Episode 14 will be released on August 24. There are a total of 21 episodes. Next batch of episodes will be released on August 31, September 7, September 14, September 21, September 28, October 5, and October 12, as per a report on Dexerto.

Two Days Opening the Door to Web3 Industry UtilizationWebX2024 is a global Web3 conference organized and managed by CoinPost, Japan’s largest cryptocurrency and Web3 media outlet.

(Bloomberg) — Circle K operator Alimentation Couche-Tard Inc. made a proposal to take over much larger rival and 7-Eleven owner Seven & i Holdings Co., in what would be the biggest foreign takeover of a Japanese company. A merger would create the world’s top operator of roughly 100,000 convenience stores.

market regulator intends to expand the scope of its sustainable finance framework to include more products, a potential boost to ESG-labeled instruments in Asia. The Securities and Exchange Board of India will consult on introducing social bonds, along with sustainable and sustainability-linked bonds, to the current suite of environmental, social and governance debt. Plans also include adding eligible asset-backed securities and a requirement for independent external reviews of all ESG debt, according to a consultation paper released Friday.

Nifty opened higher on Monday, driven by gains in banking and energy stocks. This positive momentum followed an upswing in Asian markets, which rose after U.S. data eased fears of a recession in the world's largest economy. The BSE Sensex was trading 191 points, or 0.24%, higher at 80,627, while the Nifty50 was up 65 points, or 0.27%, at 24,605 around 9:20 am.

Solomon Baek in the critically acclaimed series, takes a moment to reflect on his connection with his character. Based on Min Jin Lee's novel, Pachinko is a multigenerational saga that spans over six decades, chronicling the lives of the Baek family from their emigration from Korea to Japan in the 1930s to the family's struggles and triumphs in the 1980s. As Solomon embarks on a new chapter in his life, Jin Ha revisits his earlier thoughts on how deeply intertwined his own experiences are with those of his character, as per a report by Movieweb.

Attack on Titan's conclusion approaches, the beloved anime is set to make a dramatic return with a special event. In addition to an anticipated DVD and Blu-ray release, fans will be treated to Attack on Titan: The Movie: THE LAST ATTACK, a compilation film of the final chapters of the series. The film is slated for release in Japanese theaters later this year, with a worldwide screening yet to be confirmed, as per a report by Collider.

Netflix, Hulu and Apple TV Plus are releasing new shows this week for OTT streaming platforms subscribers. The list of shows include documentary, novel-based series. A new documentary series on Netflix follows the origin story of the new global girl group KATSEYE. Cameras followed wannabe singers for one year as they trained the K-pop way, with rigorous classes in dance and vocals, to secure a spot in the group. “Pop Star Academy: KATSEYE” premieres Wednesday. “Reasonable Doubt” debuts its second season on Thursday on Hulu. The series has an all-Black writers room and has been praised for reflecting a true Black experience. Emayatzy Corinealdi plays Jax Stewart, a defense attorney who often colors outside the lines when it comes to legal ethics. Morris Chestnut joins the show for season two. Recording artist Kandi Burruss of the R&B group Xscape and a former cast member of “The Real Housewives of Atlanta,” will also have a recurring role.

Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed. Foreign portfolio investors (FPIs) infused funds in these two months on the expectation of sustained economic growth, continued reform measures, better-than-expected earnings season and political stability.

India's holding of US government securities touched a high of USD 241.9 billion in June as the country continued to increase its exposure for the third straight month. Japan was the top holder with securities worth over USD 1.11 trillion followed by China at the second spot with a holding valued at USD 780.2 billion in June, according to the latest data released by the US Treasury Department. At the third place was the United Kingdom with an exposure of USD 741.5 billion ahead of Luxembourg at the fourth position with a holding to the tune of USD 384.2 billion. Among the countries and jurisdictions, India was at the 12th place owning American government securities worth USD 241.9 billion in June, higher than USD 237.8 billion value recorded in May.

Global Compounders fund has outperformed the S&P 500 by a wide margin by keeping limited exposure to megacaps. «This positioning has insulated us from the recent drawdown and volatility. The megacaps, including not only the big tech names but also companies like Eli Lilly and Costco, have been bid up to extremely high valuations due to their certainty around growth and earnings delivery in near term,» says Arindam Mandal, Portfolio Manager at Marcellus Investment Managers.

Nifty managed to end with 1% gains in the holiday-shortened week, led by IT and consumer durables. When markets resume trading on Monday, a host of important domestic and global events lined-up during the holiday-truncated week are likely to impact them. On Friday, Nifty ended with an uptick of 400 points or 1.7% at 24,541.

Jujutsu Kaisen Chapter 266 release date and time are almost here and it's time for the manga fans to read the latest chapter of the manga. The shonen manga was not coming out due to the holiday in Japan. Finally, the chapter 266 of Jujutsu Kaisen is releasing this weekend. Jujutsu Kaisen Chapter 266 will be released on Sunday, August 18 at 11 am (ET).

“Defence and railway stocks which are largely in the public sector had become very overvalued and a lot of the future execution was already factored in. So, they were due for a correction. We have seen very good results coming through and there is a growth on the top line and bottom line. But the valuations have gone into multi-year, this kind of growth continuing. So, it was quite viable that we would see some amount of consolidation, a breather for a few months and then the next leg up starts as the execution comes in,” says Ajay Bagga, Chairman, Elyments Platforms. ET Now: Because the damage was coming from the macro front, tell us that since the US recession worries cools off, US seems to be on a disinflationary path, the kind of economic data coming in, talks are about Fed taking a rate cut in September and so are the expectations building up for other central banks only. But in such a scenario, what could be the possible and, of course, this is a good news for the markets, but then I wanted to understand how would FIIs approach the emerging markets in such a scenario when rate cuts are going to take place?

AM/NS India — the joint venture between ArcelorMittal and Japan's Nippon Steel — will be looking at opportunities for acquisitions coming its way, said Dilip Oommen, the chief executive officer. It is one of the few steelmakers in the country that has grown by a series of deals in the past few years. «For sure we will be looking at (it), if there are any good opportunities coming our way, we are definitely interested and we will study it,» he told ET in an exclusive interaction. «It has to be viable,» he emphasised.

Blue Lock season 2 was revealed on March 25, 2024, to continue its successful run. Blue Lock has become the most well-known sports anime and viewers are incredibly excited for the sequel. On June 24, 2024, the anime's official website announced that Blue Lock's second season would premiere on October 5, 2024, on Crunchyroll, as quoted in a report by Screen Rant.

Japanese stocks are leading gains in world markets after Wall Street close to its record heights as data showed the U.S. economy is holding up better than expected

Flights and trains in the Tokyo area were canceled as warnings were issued for strong winds and heavy rainfall from Typhoon Ampil, expected to reach waters near Tokyo in the evening and then continue north, bringing stormy conditions to the northern Kanto and Tohoku regions on Saturday. It had sustained winds of 162 kph (101 mph) with higher gusts Friday morning and was moving north at 15 kph (9.3 mph), the Japan Meteorological Agency said. Ampil was not expected to make landfall and could weaken to a tropical storm by Sunday.