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Month: August 2024

Posted on 30/08/2024

Japan FSA to Examine Bank Risks in ‘World With Interest Rates’

Japan’s financial regulator plans to examine how major banks manage risks tied to securities investment and foreign-currency liquidity as they adjust to “a world with interest rates.” ...

Posted on 30/08/2024

Naomi Osaka crashes out of US Open with second-round loss to Karolina Muchova

Osaka committed 21 unforced errors in a 6-3, 7-6 (5) loss to unseeded Czech Karolina Muchova under the lights at Arthur Ashe Stadium. In her first U.S. Open since 2022 — Osaka took time off to give ...

Posted on 30/08/2024

Cboe buys stake in Japanese proprietary trading system firm

The deal for 14.8% of Japannext is the second Cboe has made under a memorandum of understanding with SBI Holdings.

Posted on 30/08/2024

Slow tropical storm dumps heavy rain around Tokyo after causing floods in southern Japan

A slow-moving tropical storm is having a far-reaching impact in much of Japan, dumping heavy rain around Tokyo and flooding roads and riverside areas in the south. ( read original story ...)

Posted on 30/08/2024

Nearly 40,000 people died home alone in Japan this year, report says

Almost 40,000 people died alone in their homes in Japan during the first half of 2024, a report by the country’s police shows.Of that number, nearly 4,000 people were discovered more than a month after they died, ( read original story ...)

Posted on 30/08/2024

Japan’s military to spend on AI, automation, perks to combat recruitment crisis

Japan's defence ministry on Friday said it will invest in AI, automation and improving troop conditions to address a worsening recruitment shortfall that has left its forces understaffed amid a build up aimed at countering China's growing military power. ( read original story ...)

Posted on 30/08/2024

Japan start-up aims to launch world’s first steady-state fusion reactor in 2034

Japanese start-up Helical Fusion aims to launch the world's first steady-state nuclear fusion reactor in 2034 and to begin commercial operations in the 2040s, its CEO told Reuters. ( read original story ...)

Posted on 30/08/2024

Japan’s defence ministry seeks record budget amidst growing Chinese threat

Japan's Defence Ministry Friday sought a record 8.5 trillion yen (USD 59 billion) budget for the next year to fortify its deterrence on southwestern islands against China's increasing threat, while ... ( read original story ...)

Posted on 30/08/2024

Japan’s defence ministry seeks record budget amidst growing Chinese threat

Japan's Defence Ministry Friday sought a record 8.5 trillion yen (USD 59 billion) budget for the next year to fortify its deterrence on southwestern islands against China's increasing threat, while ... ( read original story ...)

Posted on 30/08/2024

Japanese shares end higher after economic data

The Nikkei average settled 0.74 percent higher at 38,647.75, marking its highest level since July 31. The broader Topix index gained 0.73 percent to close at 2,712.63. ( read original story ...)

Posted on 30/08/2024

Peach Aviation launches direct Singapore-Osaka flights starting Dec 5 with one-way fare as low as S$164.20

SINGAPORE: Peach Aviation, a Japanese low-cost carrier, will begin direct flights from Singapore to Osaka on Dec 5, 2024. This marks the first time in 14 years that a Japanese airline has launched a direct service on this route. ( read original story ...)

Posted on 30/08/2024

Japan’s defense ministry seeks record budget as it faces growing threat from China

TOKYO (AP) — Japan’s Defense Ministry Friday sought a record 8.5 trillion yen ($59 billion) budget for the next year to fortify its deterrence on southwestern islands against China’s increasing threat, while focusing on unmanned weapons and AI to make up for the declining number of servicemembers as a result of the country's shrinking population. ( ...

Posted on 30/08/2024

Japan’s Two-Year Sovereign Note Auction Sees Solid Demand Despite Low Yield

The average bid-to-cover ratio for the debt rose to 5.54, the highest since 2019 for the Ministry of Finance’s sale of ¥2.6 trillion ($18 billion) in bonds maturing in September 2026. The lowest price ...

Posted on 30/08/2024

Japan’s Defense Ministry Seeks Record $59 Billion in Next Budget

Japan’s Defense Ministry is requesting a record budget allocation for next fiscal year as it aims to ramp up its military capabilities at a time of heightened regional tensions.Most Read from ...

Posted on 30/08/2024

Japan data in line with expectations, investment management firm says

Ed Rogers, CEO at Rogers Investment Advisors, discusses the outlook for the Japanese economy and currency. How big is the average Social Security check of a middle-class retiree? Peanuts by Charles Sc ( read original story ...)

Posted on 30/08/2024

After Chinese Incursions, Japan Plans a $2 Billion Defensive Satellite Network

The network would help Japan monitor an increased Chinese presence in the air and sea around its islands without having to rely on the U.S. ( read original story ...)

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