Market turmoil extended into Wednesday’s trading session in Asia, as stocks across the region faced renewed downward pressure amid the impending imposition of significantly higher taxes on imports to the United States. Benchmark indexes in Japan and Hong Kong opened down more than 3 percent on Wednesday morning, following a day on Wall Street when … Read more
The F-35, a fifth-generation fighter, was developed in partnership with eight countries, making it a model of international cooperation. When President Trump introduced its successor, the F-47, he praised its strengths — and said the version sold to allies would be deliberately downgraded. That made sense, Mr. Trump said last week, “because someday, maybe they’re … Read more
Tokyo: As signs emerged that President Joe Biden was gearing up to stop Japanese steel-maker Nippon Steel from acquiring Pittsburgh-based US Steel, top Japanese officials repeatedly warned that quashing the merger would hinder economic ties between the allies.In September, Japan’s biggest business lobby, Keidanren, said America’s investability would be tarnished if Nippon Steel’s $15 billion … Read more
Tokyo: Japanese chipmaker Kioxia will be listed on the stock exchange next month in an initial public offering valuing the company at $4.8 billion, its filing to the Tokyo Stock Exchange said Friday. Formerly the semiconductor unit of Japanese engineering giant Toshiba, the company is the world’s third-largest producer of NAND flash memory chips. It … Read more
South Korea’s First Vice Foreign Minister Kim Hong-kyun, centre, poses for photos with United States Deputy Secretary of State Kurt Campbell, right, and Japan’s Vice Foreign Minister Masataka Okano during their trilateral meeting at the Foreign Ministry in Seoul Wednesday, Oct. 16, 2024. | Photo Credit: AP The United States, Japan and South Korea on … Read more
Friendship marriages are emerging as a notable trend in Japan, where the total population decreased for the 15th consecutive year in 2023. The population fell by more than half a million people due to aging and low birth rates. Additionally, the number of marriages dropped below 500,000 for the first time since the 1930s. This … Read more
Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve‘s super-sized rate cut last week, while the yen and most other major currencies stagnated with Japanese markets on holiday. The dollar strengthened against the yen last week after policy meetings in both the United States … Read more
Indian Coast Guard and Japan Coast Guard ships line up during a joint exercise. The U.S. Coast Guard will welcome Indian, Australian and Japanese coast guards on board its vessel in the Indo Pacific, with other countries then taking turns to host, a Biden administration official said | Photo Credit: The Hindu A Coast Guard … Read more
N. Ravi, Director, Kasturi and Sons Limited, Takahashi Muneo, Consul General of Japan in Chennai and other dignitaries at the reception in Chennai on Monday. | Photo Credit: B. VELANKANNI RAJ The Indo-Japan Chamber of Commerce and Industry (IJCCI) on Monday hosted a reception for Takahashi Muneo, the newly appointed Consul General of Japan in … Read more
New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India’s exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for … Read more