Copper hits 2-year high above $10,000 on China squeeze

asia.nikkei.com TOKYO -- Copper prices rose the highest in two years Friday amid signs of a tighter supply-demand relationship in China, the world's largest consumer of the metal.…

Japan launches $6bn-plus space fund to bolster private ventures

asia.nikkei.com TOKYO -- Japan has launched a 1 trillion yen ($6.43 billion) fund for private space development, planning to subsidize as much as 100% of R&D costs by startups and…

Japan's defense spending climbs to 1.6% of GDP

asia.nikkei.com TOKYO -- Japan's defense-related budget for fiscal 2024 has expanded to 1.6% of gross domestic product, steadily approaching the 2% threshold in line with Western economies.…

Honda goes all-in on EVs in U.S., Canada despite slowdown worries

asia.nikkei.com TOKYO/TORONTO -- With big plans for a North American electric-vehicle supply chain, Honda Motor is showing confidence in the outlook for the U.S. market for EVs despite some…

BlockDAG’s Initial Offering; Cardano’s Trading Figures Surge in XRP Prices

ambcrypto.com The buzz around BlockDAG has reached unprecedented levels as it unveiled a captivating moon-themed preview of an upcoming keynote, establishing a benchmark for innovation…

Top Democrats pressed for Rahm Emanuel to lead Biden campaign

semafor.com The Scoop At the low point of President Joe Biden’s polling this winter, top New York Democratic donors pushed to bring the legendary Democratic politico Rahm Emanuel back…

The CEO of a major airline is a former flight attendant

thestreet.com While the trope of a lowly employee climbing through the ranks to eventually become chief executive has fueled a number of Hollywood film plots, the aviation world has been…

Toyota to invest $1.4bn to bolster EV output in U.S

asia.nikkei.com TOKYO -- Toyota Motor announced Friday that it will invest $1.4 billion to start production of electric vehicles at its factory in the U.S. state of Indiana in 2026,…

Yen dives past 157 against dollar as BOJ stays put

asia.nikkei.com TOKYO -- Japan's currency fell past 157 yen to the dollar on Friday as a sell-off quickened following the Bank of Japan's decision to leave interest rates unchanged. Hitting…

JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again

zerohedge.com JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again Having already lost more than 10% of its value versus the US dollar this year, the yen plunged further…

Bank Of Japan Interest Rate Unchanged, Interest Outlook Surges

coingape.com Following its monetary policy meeting, the Bank of Japan opted to maintain its interest rate at 0%-0.1%. This decision was in accordance with expectations set by economists…

Soros family fund among investors in Japan electricity exchange startup

asia.nikkei.com TOKYO -- A group of 17 trading, power and gas companies, as well as Soros Capital Management, will invest 5 billion yen ($32 million) in a Japanese startup operating an…

Rapidly weakening yen threatens higher power bills

japantimes.co.jp The yen’s relentless decline risks pushing power prices higher for Japan’s households and businesses. Japan buys its fuel in U.S. dollars, and the weak yen makes it more…

Carlyle nears deal to buy KFC Japan's shares from Mitsubishi Corp

asia.nikkei.com TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan, the operator of the Kentucky Fried Chicken fast-food chain in the country, Nikkei has…

Blinken spars with China on Russia support, industrial overcapacity

asia.nikkei.com HONG KONG/TOKYO -- U.S. Secretary of State Antony Blinken on Friday said he pressed China over its support for Russia's military-industrial base, as he held "candid" talks…

Bank of Japan keeps low rates, sees inflation on track to hit target in coming years

theglobeandmail.com The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit its target of 2 per cent in…

Stock Market Today: Google surge powers tech as markets eye inflation data

thestreet.com Check back for updates throughout the trading day U.S. equity futures powered higher Friday, paced by outsized gains for tech heavyweights Alphabet and Microsoft, as…

Yen swoons in jittery trading in wake of BOJ standing pat

japantimes.co.jp The yen swung sharply from the day’s low to near its high amid jittery trading in the wake of the Bank of Japan’s decision to keep monetary policy unchanged. It traded down…

Yen Slumps on Good Day for Asian Stocks

barrons.com The Japanese yen fell to fresh 34-year lows against the U.S. dollar after the Bank of Japan decided to keep interest rates on hold. The currency briefly spiked to 154.97 per…

Carlyle nears to buy KFC Japan's shares from Mitsubishi Corp

asia.nikkei.com TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan, the operator of the Kentucky Fried Chicken fast-food chain in the country, Nikkei has…

BOJ stands pat, gives no hint of imminent tightening

asia.nikkei.com TOKYO -- The Bank of Japan kept its policy unchanged on Friday, holding off on additional action to deter further selling of the embattled Japanese currency. BOJ chief Kazuo…

Hang Seng Gains on Tech Earnings, Nikkei Up as BoJ Stands Firm

asiafinancial.com Asia’s major stock indexes ended the week in the green thanks to a big tech earnings-fuelled rally on Wall Street and positive forecasts for China’s markets. Google-owner…

Toyota to invest $1.4 bn to bolster EV output in U.S

asia.nikkei.com TOKYO -- Toyota Motor announced Friday that it will invest $1.4 billion to start production of electric vehicles at its factory in the U.S. state of Indiana in 2026,…

Yen dives past 156.80 during Ueda news conference

asia.nikkei.com TOKYO -- The Japanese currency fell sharply past 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening threats of government…

Carlyle leads in race to acquire KFC's Japan operator

asia.nikkei.com TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan, the operator of the Kentucky Fried Chicken fast-food chain in the country, Nikkei has…

China tells Blinken that U.S. should 'stop hyping' industry overcapacity

asia.nikkei.com HONG KONG/TOKYO -- China on Friday demanded that the U.S. "stop hyping up" concerns about its industrial capacity as U.S. Secretary of State Antony Blinken met Foreign…

Toyota invest $1.4 bn to bolster EV output in U.S

asia.nikkei.com TOKYO -- Toyota Motor announced Friday that it will invest $1.4 billion to start production of electric vehicles at its factory in the U.S. state of Indiana in 2026,…

Celebrate "Bleach: Brave Souls" Reaching Over 90 Million Downloads Worldwide with "The Future Society Zenith Summons: Cyber" Featuring New Versions of…

benzinga.com TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has reached a total of 90 million downloads worldwide. See the ( )…

Benefit One to be removed from JPX-Nikkei Index 400

asia.nikkei.com TOKYO -- Nikkei and JPX Market Innovation & Research will remove Benefit One, an employee benefits provider in Japan, from the JPX-Nikkei Index 400 on May 7 due to the…

Yen dives to 156, fresh 34-year low after BOJ policy decision

asia.nikkei.com TOKYO -- The Japanese currency fell sharply to 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening threats of government…

BOJ stands pat, keeps accommodative financial conditions

asia.nikkei.com TOKYO -- The Bank of Japan kept its policy unchanged on Friday, holding off on additional actionto deter further selling of the embattled Japanese currency. The Japanese…

Asian stocks rise as tech tracks bumper US earnings; BOJ underwhelms

investing.com Investing.com-- Most Asian stocks rose on Friday, buoyed by gains in the technology sector as investors cheered strong earnings from Microsoft and Alphabet, although…

Toyota invest $1.4 billion to bolster EV output in U.S

asia.nikkei.com TOKYO -- Toyota Motor announced Friday that it will invest $1.4 billion to start production of electric vehicles at its factory in the U.S. state of Indiana in 2026,…

Bank of Japan keeps monetary policy unchanged, sees slightly higher inflation in fiscal 2024

cnbc.com A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. The Bank of Japan kept its policy rate unchanged Friday after its monetary policy…

BOJ stands pat as yen falls to 34-year low

asia.nikkei.com TOKYO -- The Bank of Japan kept its policy unchanged on Friday, as expectations mount for central bank action to deter further selling of the embattled Japanese currency.…

Tokyo inflation slows sharply as education subsidy cuts outlays

japantimes.co.jp Price growth in Tokyo decelerated sharply to a pace below 2% in April, in an outcome largely distorted by the start of education subsidies, as the Bank of Japan gathers to…

‘Shogun’ Star Hiroyuki Sanada Delves Into Finale’s Deeper Message: “We Need the Hero Who Brings About Peace”

hollywoodreporter.com [This story contains major spoilers from the season finale of FX’s Shōgun.] It’s easy to picture Japanese actor Hiroyuki Sanada gazing toward the horizon with a beatific…

Wang warns Blinken that negatives in U.S.-China ties are 'building'

asia.nikkei.com HONG KONG/TOKYO -- U.S. Secretary of State Antony Blinken emphasized the need to avoid "miscalculations" as he met Chinese Foreign Minister Wang Yi in Beijing on Friday,…

JGBs Slip Ahead of BOJ Meeting's Outcome

wsj.com JGBs slipped in the morning Tokyo session ahead of the BOJ’s two-day meeting’s outcome due later in the day

Tokyo inflation slows for 2nd straight month, falls under BOJ goal

asia.nikkei.com Core inflation in Japan's capital slowed for a second month in April to fall below the central bank's 2% target, data showed on Friday, complicating its decision on how soon…

Huawei retakes crown in China handset market as Apple sinks to fifth

asia.nikkei.com TAIPEI/TOKYO -- Huawei has returned to the top of China's smartphone market after staging an aggressive comeback in the face of an ongoing U.S. crackdown, with Apple falling…

Japan's NTT Data set to tap tech chief as president amid digital push

asia.nikkei.com TOKYO -- Japan's NTT Data Group plans to appoint Chief Technology Officer Yutaka Sasaki as its next president, aiming to jump-start an expansion of its digital business that…

Japan, U.K. and Italy aim for next-gen fighter prototype in 2026

asia.nikkei.com TOKYO -- Japanese legislators on Thursday began discussing a treaty to establish a management body for a next-generation fighter jet being developed by Japan, the U.K. and…

Japan's NTT Docomo picks former Recruit employee as new president

asia.nikkei.com TOKYO -- Japanese mobile carrier NTT Docomo has decided on the appointment of Vice President Yoshiaki Maeda -- previously of human resources giant Recruit -- as its new…

Japan's Renesas learns to weather downturns in semiconductors

asia.nikkei.com TOKYO -- Once highly susceptible to volatility in the semiconductor market, Japan's Renesas Electronics has succeeded in building a more resilient business that remains…

Japan and EU to unify subsidy rules for EVs, solar panels

asia.nikkei.com TOKYO/BRUSSELS -- Japan and the European Union will agree as early as May to create common rules on government subsidies and procurement targeting electric vehicles and…

Soros fund among investors in Japan electricity exchange startup

asia.nikkei.com TOKYO -- A group of 17 trading, power and gas companies, as well as George Soros's Soros Capital Management, will invest 5 billion yen ($32 million) in a Japanese startup…

Bybit Web3 IDO Launchpad Hosts IDO for Decentralized Payment Protocol Slash (SVL) Ahead of Spot Listing

cryptopotato.com [PRESS RELEASE – Tokyo, Japan, April 25th, 2024] Leading crypto trading platform Bybit is hosting the Initial DEX Offering (IDO) for Slash (SVL), a decentralized payment…

Russian military planes intercepted by US ally

newsweek.com Japanese fighter jets were scrambled twice on Thursday against Russian military aircraft conducting suspected reconnaissance activities, Japan's defense ministry said. A…

Short Shorts Film Festival ＆ Asia 2024: About 270 Films Selected From 4,936 Submissions Including Official Competition Nominated Films Leading Up To The…

benzinga.com The festival's special website and online venue opened today, and tickets are now on sale Short films produced entirely with live AI images, and special screenings include…

IMAX Corporation Reports First Quarter 2024 Earnings Results

benzinga.com Global entertainment platform delivers Revenue of and strong profitability, including Net Income of up 33% YoY and Total Adjusted EBITDA Margin(1) of 40.5% up more than 300…

Stock Market Today: Meta plunge pulls stocks lower; Google, Microsoft on deck

thestreet.com Check back for updates throughout the trading day U.S. equity futures moved firmly lower Thursday, while the dollar held steady against its global peers, as investors…

MEDIROM Healthcare Technologies Inc. Announces March 2024 Key Performance Indicators (KPIs)

benzinga.com TOKYO, April 25, 2024 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. MRM, a holistic healthcare company based in Japan (the "Company"), today announced its major…

Nikkei Slides as US Tech Drags, Hang Seng Lifted by Market Bets

asiafinancial.com Asian shares were mixed on Thursday as a tech slump, fired by downbeat earnings forecasts from Facebook parent Meta Platforms, weighed in most corners, while positive bets…

Stocks and yen struggle as tech troubles weigh

investing.com LONDON/SINGAPORE (Reuters) - World stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook (NASDAQ: ) and Instagram parent Meta…

Blinken's Shanghai visit sets friendly tone amid U.S.-China strains

asia.nikkei.com HONG KONG/TOKYO -- U.S. Secretary of State Antony Blinken began his three-day visit to China on a light note by taking in a basketball game, strolling through Shanghai's Yu…

Netflix Dates Studio Ponoc Animated Feature ‘The Imaginary’

variety.com “The Imaginary,” an upcoming hand-drawn animated fantasy film from Japan’s Studio Ponoc that will play in competition at this year’s Annecy International Animation Film…

The cost-benefit analysis of hosting the Olympics

theweek.com The French capital is abuzz as Paris prepares to host the 2024 Summer Olympic Games. With the opening ceremony just three months away, France is preparing to welcome the…

More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction

abcnews.go.com More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction In Tokyo, long lines circle around blocks, and waiting an hour for your ramen is…