Bitcoin jumps while Japan holiday dulls most currencies

Bitcoin jumps while Japan holiday dulls most currencies

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

Quad summit to announce joint coast guard exercises, other initiatives

Quad summit to announce joint coast guard exercises, other initiatives

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

Number of Japanese companies in south India is increasing, says Consul General of Japan in Chennai

Number of Japanese companies in south India is increasing, says Consul General of Japan in Chennai

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

India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura

India major gainer of China+1, exports to soar to 5 billion by 2030: Nomura

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

India to become USD 4 trillion economy in FY25: Sanjeev Sanyal

India to become USD 4 trillion economy in FY25: Sanjeev Sanyal

New Delhi: India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become the world’s fourth largest economy, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said on Thursday. Sanyal further said that a 7 per cent economic growth rate will be a ‘very … Read more

Ahead of elections, Biden calls India, China, Russia and Japan ‘xenophobic’

Ahead of elections, Biden calls India, China, Russia and Japan ‘xenophobic’

Washington: US President Joe Biden has called two of his QUAD partners – India and Japan – and two of his adversaries – Russia and China – “xenophobic” nations, asserting that none of these countries, unlike the United States, welcome immigrants. “This election is about freedom, America and democracy. That’s why I badly need you. … Read more

Japan unveils next-generation passenger plane project

Japan unveils next-generation passenger plane project

Japan announced plans on Wednesday to develop a next-generation passenger jet over the next decade after the last struggling attempt, led by a private company, was scrapped a year ago. The new public-private project aims to use “new environmental technologies” such as hydrogen or hybrid electrics,a statement from the ministry of economy, trade and industry … Read more

Japan Moon lander put to sleep after surviving lunar night

Japan Moon lander put to sleep after surviving lunar night

This image provided by the Japan Aerospace Exploration Agency (JAXA)/Takara Tomy/Sony Group Corporation/Doshisha University shows an image taken by a Lunar Excursion Vehicle 2 (LEV-2) of a robotic moon rover called Smart Lander for Investigating Moon, or SLIM, on the moon. File. | Photo Credit: AP Japan’s Moon lander has been put back to sleep … Read more

Aging Japan ends iconic thousand-year-old ‘Somin-sai Naked Men festival’

Aging Japan ends iconic thousand-year-old ‘Somin-sai Naked Men festival’

In a solemn acknowledgment of shifting demographics and cultural evolution, Japan‘s iconic ‘Somin-sai’ festival (Naked Men festival) in Iwate bid its final farewell on February 17. As reported by Asahi Shimbun, a longstanding tradition that spanned a millennium reached its conclusion, marking the end of an era. For generations, this peculiar festival has drawn crowds … Read more