Japan Financial News

«I would say at this point, wait. I know I think markets will react as they are, markets will just be markets and throw volatility at you just to excite you all the time. But I think at some point, we got to wait to get some reaction from the companies and see some numbers in the results,» says Deepak Shenoy, Founder, Capital Mind. Just wanted to get your views on the IT sector that we are trying to get the conversation going with. What is the view? Deepak Shenoy: So, I think we will wait for results. Basically, because the problem right now that you are seeing in the IT sector is that you are not really sure of the spends that are happening abroad. And a lot of places you are having issues, specifically in Japan and in Europe, you are having a different, more recessionary impulse there. America, you are having a different situation where spending has actually slowed down quite a bit and then they are not actually giving you big deals.

Sensex jumped 568.93 points, or 0.72%, to close at 79,243.18, while the Nifty 50 settled 175.70 points, or 0.74%, higher at 24,044.50.“The upmove in the markets has been gradual so far (except for the last 4 days) as participants are wary of the high valuations. They are also afraid of a sharp bout of profit taking which has not happened so far.

Baltasar Kormakur. Known for gripping films like 'Everest,' Kormakur now explores a poignant tale of human connection based on Olafur Johann Olafsson’s bestselling novel. "Touch" follows Kristofer, played by Egill Olafsson, a widower on a quest to rediscover lost love. Set across decades and continents, Kristofer embarks on a journey through memories and across the globe to reunite with someone he thought was gone forever. The film stars Koki, Palmi Kormakur, Masahiro Motoki, and Yoko Narahashi in pivotal roles, as reported by 'Collider.'

Netflix's animated series Terminator Zero will feature Rosario Dawson, Ann Dowd, André Holland and Sonoya Mizuno in voiceover roles. The series, produced by Production IG, premieres on August 29.

Benchmark U.S. crude oil for August delivery rose 7 cents to $80.90 per barrel Wednesday

NASA has awarded SpaceX an $843 million contract to build the vehicle that will bring the International Space Station out of its longtime orbit of Earth when its operating lifespan ends in a few more years

SEOUL : North Korea said it had successfully tested technology for raining down multiple nuclear warheads at once—a top weapons goal for Kim Jong Un and an increased threat to the U.S. and its allies. But, in an unusually pointed rebuke, South Korea denounced the self-declared achievement as a bluff.

Japan's Nikkei share average fell 1% on Thursday, giving up most of its gains from the previous session, as the yen's slide past the closely watched 160 per dollar level put traders on high alert for intervention. The Nikkei had dropped 1.05% to 39,248.88 by 0145 GMT, retaining just 75 points of Wednesday's rally.

South Korea, the United States and Japan kicked off major new military exercises on Thursday, Seoul's Joint Chiefs of Staff said, as the allies seek to counter growing threats from Pyongyang. The drills, dubbed «Freedom Edge», will focus on ballistic missile and air defences, anti-submarine warfare and defensive cyber training, among other areas, the JCS said in a statement. The three countries' leaders held a summit last year and agreed to conduct drills every year to demonstrate unity in the face of North Korea's nuclear threats and China's rising regional influence.

Global Liveability Index 2024. Find out which cities make the cut and why they shine as the best places to call home. For the third year in a row, Vienna, Austria, has been crowned the world's best city to live in. With flawless scores in stability, healthcare, and education, Vienna is lauded for its unparalleled mix of cultural vibrancy and top-notch public services. Meanwhile, according to the report, Pakistan’s Karachi, and Bangladesh’s capital Dhaka are amongst the least liveable cities in the world as they feature in the bottom 10 of the list.

bond yields spiked on nervousness about inflation on Thursday, while the yen's slide past 160-per-dollar had currency traders bracing for Japan to step in and steady it. The dollar made six-week highs on sterling and the kiwi and at 160.7 yen traded just shy of Thursday's 38-year peak. The jittery mood had frothy sectors of financial markets especially vulnerable and Nasdaq futures dropped 0.5%.

Also Read- Titan share price in focus as stock trades ex-dividend today. Details hereDr.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 27On Wednesday, the Indian stock market benchmark indices ended at record closing highs, with the Nifty 50 crossing 23,850 for the first time ever, led by banks and heavyweights.The Sensex jumped 620.73 points, or 0.80%, to close at 78,674.25, while the Nifty 50 settled 147.50 points, or 0.62%, higher at 23,868.80.“Overall optimism surrounding the Union Budget, increasing FII inflows, and robust domestic economic data contributed towards the positive movement in the market. We expect the ongoing uptrend to continue further," said Siddhartha Khemka, Senior Group VP, Head - Research, Broking & Distribution, Motilal Oswal Financial Services Ltd.Here are key global market cues for Sensex today:Gift Nifty was trading around 23,800 level, a discount of nearly 70 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.Also Read: Stock market today: 5 stocks in F&O ban list on June 27Asian markets traded lower on Thursday as the Japanese yen weakened to a near 38-year low and ahead of economic data in the region.Japan’s Nikkei 225 fell 0.93% while the Topix declined 0.36%.

South Korean university students appear to be turning to cryptoassets such as Bitcoin (BTC), with 40% saying they invest in tokens as well as overseas stocks.

Julian Assange who is the founder of the controversial Wikileaks has been set free by a US court in the Northern Mariana Islands. This has ended his long legal battle with the US. The Wikileaks founder has been accused of accessing classified information pertaining to the US and releasing them in an illegal manner. He has also been accused of recruiting individuals with access to this important information and illegally transmitting it to his servers. This information had damaged the relationship of the US with many of its partners including France, India and Japan among others.

Japanese Yen. The Japanese Yen dipped to its lowest level since 1986, and fell 0.4% to 160.39 per US Dollar. The month end has caused demand to spike up in crude oil and Brent prices were up 0.58% and were trading at $85.5

Benchmark U.S. crude oil for August delivery fell 80 cents to $80.83 per barrel Tuesday

Dr. Reddy’s said in the statement.The Hyderabad-based company will inherit the global nicotine replacement therapy (NRT) brand Nicotinell with a footprint in over 30 countries spanning Europe, Asia including Japan, and Latin America, along with the brand Nicabate, Habitrol and Thrive in markets outside of the US.“…The portfolio is attractive for its customer loyalty, its global nature, and the access it provides to key customers," said Israeli."We believe we can unlock more value, grow the portfolio further, and increase consumer access around the world to these global brands.

markets braced for a key U.S. inflation reading, while the yen lurked just shy of 160 per dollar level, keeping traders on alert for another round of intervention by Japanese authorities. Risk sentiment was also capped as hawkish comments from Federal Reserve officials kept near-term U.S. rate cut expectations in check in a boost to the dollar.

Japan issued an emergency alert following a suspected ballistic missile strike by North Korea on Tuesday (local time). The information was given by the Japan Prime Minister's Office on social media platform X. Minutes later, the Japan PMO said the emergency alert was being lifted as the 'suspected ballistic missile' from North Korea was not expected to reach Japan.

dollar was firm on Wednesday and trading on the precipice of the 160 yen barrier as investors turned cautious and counted down to the release of U.S. price data at the end of the week. The euro eased marginally overnight and was steady at $1.0708 in Asia trade. At 159.71 per dollar, the yen's level has markets on alert since that is only a whisker shy of where Japanese authorities likely stepped in to buy yen in April.