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Posted on 29/07/2022

COVID-19 tracker: Tokyo logs 36,814 new cases

The health ministry said Friday the number of severely ill patients nationwide rose by 30 from the previous day to 376. ( read original story ...)

Posted on 29/07/2022

After Tokyo Olympics, Commonwealth Games piques interest of brands for emerging sports

Names including Reliance Industries, JSW Inspire, Herbalife Nutrition India and Adidas India have come on board as sponsors for CWG 2022. IOS Sports and Entertainment, the marketing partner of the ... ( read original story ...)

Posted on 29/07/2022

Japan rules out travel curbs despite resurgence of new Covid-19 cases in Tokyo

Tokyo reported an unprecedented 40,406 new cases of Covid-19 on July 28 eclipsing the previous daily record made last week, as new more contagious omicron subvariants emerge. Despite the resurgence of ... ( read original story ...)

Posted on 29/07/2022

Japan sticks to projection of balancing budget by FY2026

Japan kept the expected timing for achieving a primary balance surplus unchanged at fiscal 2026, suggesting that the government will not meet its goal of realising a surplus by fiscal 2025 despite ... ( read original story ...)

Posted on 29/07/2022

Japan Urges Regions To Mount COVID Fight As Variant Spreads

Japan is encouraging regional authorities to take steps to contain a new coronavirus variant that has sent cases to record levels, but there is no plan for sweeping national measures. ( read original story ...)

Posted on 29/07/2022

Heavy rain hits Toyota Japan supply chain and output

Heavy rainfall is disrupting Toyota production in Japan. Toyota has said around 5,200 units of production have been cut due to ‘adjustments to some domestic plants due to the difficulty of procuring ... ( read original story ...)

Posted on 29/07/2022

China’s Property Bubble Burst Could Be Far Worse Than Japan’s

The decline in property sales comes at a time when some homebuyers refuse to repay loans for unfinished properties, magnifying the liquidity problem of the industry. ( read original story ...)

Posted on 29/07/2022

Japan’s Nikkei gives up gains as Denso outlook sours sentiment

Shares of Denso, a major supplier to Toyota Motor Corp, slipped 5.2% after the company lowered its operating profit forecast for the current business year by 14%.Toyota edged up 0.56% but rival Honda ...

Posted on 29/07/2022

Japan: monthly activity data suggests GDP will rebound in the second quarter

Monthly activity data for June came as a surprise to the market. Better-than-expected industrial production supports a rebound in manufacturing ...

Posted on 29/07/2022

Japan’s Inflation Not Mainly Caused by Weak Yen, ADB’s Asakawa Says

It goes a step too far to say a weak yen is the main reason for explaining why prices in Japan are rising, Asian Development Bank (ADB) President Masatsugu Asakawa said on Friday. The major factors ...

Posted on 29/07/2022

Japan’s Suzuki: Closely watching fx moves with sense of urgency while working with BOJ

Japanese Finance Minister Shunichi Suzuki said on Friday that they are closely watching fx moves with a sense of urgency while working with the Bank of Japan (BOJ). He declined to comment on ...

Posted on 29/07/2022

Tokyo reports 36,814 COVID cases on July 29

Japan's capital reported 36,814 coronavirus cases on July 29 after recording 40,406 the day before, the Tokyo Metropolitan Government announc ... ( read original story ...)

Posted on 29/07/2022

Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net

TOKYO (Reuters) -Japan's second-largest bank ... profit as improved economic conditions helped boost its main lending business. Profit was 252.4 billion yen ($1.90 billion) in the April-June ... ( read original story ...)

Posted on 29/07/2022

Crypto Must Overcome Its Perceived Illegitimacy To Scale

In recent weeks, near unprecedented bitcoin volatility has sparked a firestorm of debate as pundits and investors argue about the value, monetary and otherwise, of cryptocurrency.

Posted on 29/07/2022

Nintendo Supplier Withdraws Outlook Citing Chips Uncertainty

Hosiden Corp., a major assembler of Nintendo Co.’s Switch console, withdrew its fiscal year sales forecast citing difficulties procuring electronic components.Most Read from BloombergRockstar Games ...

Posted on 29/07/2022

Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net profit

Sumitomo Mitsui Financial Group Inc , Japan's second-largest bank, reported on Friday a 24.2% increase in first-quarter net profit as improved economic conditions helped boost its main lending ...

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