Japan Financial News
15.06 / 02:23
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G7 tackles migration, economy & more, but differs on abortion
artificial intelligence, economic security and migration on the second and final day of their summit Friday, as their delegations worked on a comprehensive joint communique touching on many of the world's major geopolitical and social challenges. The gathering in a luxury resort in Italy's southern Puglia region also discussed other major topics, such as financial support for Ukraine, the war in Gaza, climate change, Iran, the situation in the Red Sea, gender equality as well as China's industrial policy. The second day opened with a session on migration, a key issue to host Italy, which lies on one of the major routes into the EU for people fleeing war and poverty in Africa, West Asia and Asia.
15.06 / 02:17
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travelers
Traffic
Jefferies' Wood picks GMR Airports, reduces weights in three banks
Jefferies' global equity strategist Chris Wood said GMR Airports Infrastructure is being added to its India portfolio. Wood said, in his weekly Greed & Fear newsletter, that the airport operator's introduction into its portfolio will be at the expense of the reduction of weights in ICICI Bank, HDFC Bank and Axis Bank.
15.06 / 01:55
MET
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G7 Summit: PM Modi has 'delightful conversation' with leaders of Turkey, UAE, Brazil; also meets Jordan King
G7 Summit in Italy, Prime Minister Narendra Modi interacted with the leaders of Turkey, the UAE, Brazil and Jordan and struck a pose for the camera along with them on Friday. PM Modi had a «delightful conversation» with Turkish President Recep Tayyip Erdogan, UAE President Mohammed bin Zayed Al Nahyan, as well as the President of Brazil Luiz Inacio Lula da Silva. All the four leaders also posed for the camera and got a picture clicked at the Summit as well, which PM Modi shared on X, saying, «The interactions in Italy continue...Delightful conversation with President @LulaOficial, President @RTErdogan and His Highness Sheikh @MohamedBinZayed»
15.06 / 01:55
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PM Modi, Japan's Kishida discuss Mumbai-Ahmedabad high speed rail project on sidelines of G7 Summit
Narendra Modi held a bilateral meeting with Japanese PM Fumio Kishida on the sidelines of the G-7 Summit in Apulia, Italy and discussed the Mumbai-Ahmedabad High Speed Rail project with a targeted 5 trillion yen worth of investment in India. Highlighting India-Japan relations, the Prime Minister's office said on X, «Boosting India-Japan relations! PM @narendramodi held a productive bilateral meeting with Japanese Prime Minister @kishida230 in Italy on the sidelines of the G7 Summit.»
15.06 / 01:55
MET
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Celebrity
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'Pleased...': PM Modi after meeting UN chief Guterres on sidelines of G7 Summit
Narendra Modi met United Nations Secretary General Antonio Guterres in Italy on the sidelines of the G7 Summit here on Friday night. In a post on X, PM Modi said, «Pleased to meet the United Nations Secretary General, Antonio Guterres, in Italy.» Earlier, PM Modi met also US President Joe Biden and Canadian PM Justin Trudeau on the sidelines of the G7 Summit.
14.06 / 21:15
Boxing
wellness
film
War
Oscar
audience
Godzilla film to release after 'Godzilla Minus One', 'Godzilla x Kong: The New Empire'?
Godzilla has been a fans' favourite monster since 1950s. The latest additions to the popular Godzilla filmography are Japanese film "Godzilla Minus One", and "Godzilla x Kong: The New Empire". Both movies were received well by the global audience as well as viewers in the North America.
14.06 / 15:49
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International
rowing
Is Kanye West in financial crisis? Rapper seen flying economy class with Bianca Censori post-billionaire status
Bianca Censori and Kanye West astonished everyone by boarding a regular commercial airplane. Last week, Brandon Doggett, a TikTok user, posted a video of the well-known rapper and fashion designer seated in the first row of a small aircraft, reports 'Page Six'. They were in the front row, but they were not in business class.
14.06 / 11:45
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Food
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Food guide: Eat like a chef
Lounge’s guide based on this game reveals where and how chefs eat out—street food abounds, and there is just a handful of premium restaurants. There’s Mumbai, Amritsar, Kolkata, Melbourne and Bangkok, among others, with insider tips on where to find early breakfast, freshly prepared local snacks and steaming bowls of noodles. "Bengaluru does a better dosa than Chennai," says Hussain Shahzad, executive chef, Hunger Inc.
14.06 / 07:41
14.06 / 07:39
UPS
economy
social
gatherings
Features
Videos
Rishi Sunak's awakward hug while greeting Italian PM Meloni at G7 Summit goes viral: Video
G7 Summit hosted by Italy's Prime Minister Giorgia Meloni, British Prime Minister Rishi Sunak's arrival was marked by a warm, albeit slightly awkward, greeting. The event, taking place in Borgo Egnazia, Apulia, Italy, from June 13 to 15, 2024, saw leaders from the world's major economies gather to discuss critical global issues. As Sunak walked up to Meloni, she welcomed him with a hug and a kiss on the cheek. The moment, captured on video and shared widely online, quickly went viral. While the interaction seemed cordial, internet users were quick to point out an awkwardness, with some suggesting that Meloni appeared to pull back slightly. One social media user humorously noted, «Rishi Sunak being greeted by Giorgia Meloni at G7 looked a lot like he went in for a snog and she pulled back. There was then a real 'eurgh, smelly breath' energy.» Another quipped, «Don't lean in, Rishi!»
14.06 / 06:59
Strategy
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Chris Wood of Jefferies picks GMR Airports, trims stake in 3 bank stocks
Jefferies' Global Head of Equity Strategy Chris Wood has added GMR Airports Infrastructure to his India long-only portfolio while reducing stakes in ICICI Bank, HDFC Bank and Axis Bank. «An investment in GMR Airports Infrastructure will be introduced in the India long-only portfolio with a 4% weighting. This will be paid for by reducing the investments in ICICI Bank and HDFC Bank by one percentage point each and by shaving the investment in Axis Bank by two percentage points,» Wood wrote in his GREED & fear newsletter.
14.06 / 05:15
markets
COST
IPO
BLOCK
Manufacturing
Platform
Pharmaceuticals
Suven Pharmaceuticals share price rises 5% on announcement regarding CDMO firm Sapala Organics acquisition
Suven Pharmaceuticals share price gained more than 5% in the morning trades on Friday post its announcement regarding acquisition of Hyderabad based CDMO firm Sapala Organics on Thursday post market hours.Suven Pharma share price that opened at ₹695.00, higher than previous close of ₹667.95, gained further more to ₹705 levels in the NSE, marking gains of more than 5%.Suven Pharmaceuticals announcement on the exchanges said that that it has executed definitive agreements on June 13, 2024, for acquiring 100% of equity shares (on a fully diluted basis) in Sapala Organics Private Limited.Also Read- Kotak Institutional raises target price for Adani Ports and SEZ to ₹1,650, says outperformance can continue for longThe Hyderabad based Sapala Organics is contract development and manufacturing organizations (CDMO) that is focused on Oligo drugs and nucleic acid building blocks including Phosphoramidites & Nucleosides, drug delivery compounds (including GalNAc), Pseudouridine, amongst others.Suven Pharmaceuticals in its presentation highlighted that Sapala Organics sales stood at ₹67 Crore with more than 45% Ebitda margins in FY24. Ebitda stands for Earnings before, Interest, Tax, Depreciation and amortisation.Sapala Organics has a customer-base across the US, European Union and Japan; partnering on their New Chemical Entity (NCE) programs across project lifecycle.
14.06 / 02:47
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Asian stocks
Asian stocks slide, yen wobbles ahead of BOJ verdict
Asian stocks fell on Friday as investors pondered the outlook for U.S. rates after the Federal Reserve tempered its rate-cut views even as inflation came in softer than expected, while the yen was shaky before the Bank of Japan's policy meeting. The dollar was hovering near a one-month high on the back of the hawkish tone from the Fed this week, while political uncertainty in Europe kept the euro under pressure.
14.06 / 02:27
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Reuters
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jobless claims
Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US jobless claims to treasury yields
Sensex gained 204.33 points, or 0.27%, to close at 76,810.90, while the Nifty 50 settled 75.95 points, or 0.33%, higher at 23,398.90.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 14“Nifty made another new high at opening on June 13, gave up some of these gains and remained rangebound through the day. The fact that the Nifty keeps making new highs every day is assuring, but it is not able to hold on to the entire gains.
13.06 / 20:35
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose 12 cents to $78.62 per barrel Thursday
13.06 / 20:35
13.06 / 20:31
Extreme
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Brand-new space telescope launched in 2023 has 'damaged doors', says NASA
aperture door installed in an expensive space telescope is currently jammed, giving scientists and observers at NASA and Japan Aerospace Exploration Agency (JAXA) research centers, a bulk-load of trouble.
13.06 / 18:17
Provident
security
Southern
President
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rights
The Latest | Italy hosts the Group of Seven summit with global conflicts on the agenda
Italy is hosting the summit of the Group of Seven industrialized nations in the wake of the European Parliament election that saw a surge in support for the far right in places like G7 members France and Germany
13.06 / 15:33
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economy
Trade
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country
International
What to know about the G7 Summit, and why it matters
The heads of the Group of 7 nations — Britain, Canada, France, Germany, Italy, Japan and the United States — started their annual summit Thursday at a luxury hotel in Puglia on the southern Italian coast, overlooking the Adriatic Sea. The wars in Ukraine and the Gaza Strip and the threats posed by China's economic rise are high on the agenda.
13.06 / 08:41
markets
ETF
CEO
BlackRock
track
Headlines
International
Nifty goes global! Blackrock launches Nifty ETF in Japan
Japan has launched a new ETF on Nifty50, which will be an addition to the four passive funds that track the headline index, NSE CEO Ashish Chauhan said on Thursday. “Happy to share that Blackrock Japan has launched an ETF on Nifty 50 in the month of June 2024. In the current Financial year, already four new passive funds tracking Nifty indices launched in international markets (3 in Japan and 1 in South Korea),” Chauhan said. In 2023, seven passive funds were launched in Japan and South Korea which tracked Nifty indices. Six of these seven passive funds tracked Nifty 50, while one tracked the Nifty50 2x leverage index.
13.06 / 03:45
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose 60 cents to $78.50 per barrel Wednesday
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