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Month: February 2024

Posted on 01/02/2024

Japanese bank tanks over 20% after flagging losses tied to U.S. commercial property

The Japanese lender said it now expects a net loss of 28 billion yen for the fiscal year ending March 31, after previously forecasting a net profit of 24 billion yen.

Posted on 01/02/2024

Japanese stocks see first weekly foreign outflow in three

(Reuters) - Foreign investors were net sellers of Japanese stocks in the week ended Jan. 26, reacting to indications that an end to the Bank of Japan's negative interest rates could be nearing. These ...

Posted on 01/02/2024

Takeda Announces Chief Financial Officer Succession

Takeda (TOKYO:4502/NYSE:TAK) today announced that Costa Saroukos, chief financial officer, has decided to leave Takeda to return to his home-country of Australia to be closer to family. Mr. Saroukos ...

Posted on 01/02/2024

ANA planes collide at Osaka airport, no one hurt

Two All Nippon Airways airplanes experienced a minor collision on Thursday at an airport straddling Osaka and Hyogo prefectures in we ... ( read original story ...)

Posted on 01/02/2024

Two ANA planes clip wings at Osaka airport, no injuries reported

TOKYO: The wing tips of two passenger jets "scratched" each other at a Japanese airport on Thursday (Feb 1), an airport operator said, the latest in a string of aviation mishaps in the country. Report ... ( read original story ...)

Posted on 01/02/2024

Japan’s SMFG reports solid Q3 profit on brisk lending in Japan

Japan's second-largest bank, on Thursday reported a 10.7% increase in third-quarter net profit thanks to brisk loan demand at home. ( read original story ...)

Posted on 01/02/2024

Tokyo’s fish market opens long-awaited seafood restaurants and spa to attract more visitors

Tokyo's fish market has opened a long-awaited outer section ... Market officials and experts expect Toyosu Senkyaku Banrai (which means “thousands of customers, bustling business”) to continue to ... ( read original story ...)

Posted on 01/02/2024

Japan’s SMFG reports 10.7% rise in Q3 profit on brisk lending in Japan

Japan's second-largest bank, on Thursday reported a 10.7% increase in third-quarter net profit thanks to brisk loan demand at home. ( read original story ...)

Posted on 01/02/2024

One month on, Japan quake survivors, businesses struggle to rebuild

Kenji Kusunoki still does not know how to go about rebuilding his life after his izakaya (pub) was completely destroyed in the powerful earthquake that hit central Japan one month ago, taking the ... ( read original story ...)

Posted on 01/02/2024

US Property Losses Trigger 20% Drop in Japanese Bank Aozora

Japan’s Aozora Bank Ltd. became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening concerns about ... ( read original story ...)

Posted on 01/02/2024

Fatigue Sets in for Japan Earthquake Survivors Facing Long Road to Recovery

Earthquake evacuee Yoshimi Tomita plays with her cat Raito after surviving an earthquake that hit on New Year’s Day, at a pet-friendly evacuation centre in Suzu, Ishikawa Prefecture, Japan, January 31 ... ( read original story ...)

Posted on 01/02/2024

Bitcoin worth £1.4bn seized after ex-takeaway worker tried to buy £23m mansion, court hears

trading in diamonds and antiques in countries including Japan, Thailand and China, the prosecutor said. The pair travelled extensively throughout Europe, selling Bitcoin and buying fine jewellery, ...

Posted on 01/02/2024

Tokyo Plast Standalone December 2023 Net Sales at Rs 15.87 crore, down 3.76% Y-o-Y

Net Sales at Rs 15.87 crore in December 2023 down 3.76% from Rs. 16.49 crore in December 2022. Quarterly Net Profit at Rs. 0.18 crore in December 2023 up 119.72% from Rs. 0.90 crore in December 2022.

Posted on 01/02/2024

Nikkei snaps 3-day winning streak as early US rate cut hopes recede

TOKYO (Kyodo) -- The Nikkei stock index snapped a three-day winning streak ... "There appears to be some (short-term) correction happening since both U.S. and Japanese stocks have rallied recently," ...

Posted on 01/02/2024

US aircraft carriers lead ‘large deck’ exercises with Japan east of Taiwan

A dozen United States and Japanese warships, including two US aircraft carriers, have been putting on a show of military might this week in the Philippine Sea east of Taiwan. ( read original story ...)

Posted on 01/02/2024

Black smoke rising from Japan thermal power plant after explosion -NHK

An explosion was heard and black smoke was reported rising from the Taketoyo thermal power station in Aichi prefecture in central Japan, public broadcaster NHK reported on Wednesday. ( read original story ...)

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