CashNews.co Stay informed with free updates Simply sign up to the Japanese business & finance myFT Digest — delivered directly to your inbox. Over the past 10, eye-straining years, annual Japanese imports of contact lenses have soared by more than 60 per cent. Smartphone saturation and a fashion-led shift away from glasses are the propellants on […]
CashNews.co TOKYO — Sumitomo Mitsui Banking Corporation will begin providing same-day loans to companies in several Asian locations as early as next year, Nikkei has learned, aiming to compete with major Western banks already established in the field of supply chain finance. These loans target cases in which the bank makes a payment on behalf […]
CashNews.co (Bloomberg) — After two straight years seeing bets on a yen rebound turn into the cold reality of further declines, some strategists reckon the third time will be the charm for Japan’s beleaguered currency. Most Read from Bloomberg The likelihood of a series of interest-rate hikes from the Bank of Japan and further cuts […]
CashNews.co SINGAPORE (Reuters) – Investors are betting a slide in the yen (JPY=X) will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise as soon as next month. Markets are paying attention because Japan’s last rate hike 3-1/2 months ago — against […]
CashNews.co (Bloomberg) — Japan’s exports picked up more than expected in October as demand from China and the rest of Asia held firm even in the face of mounting uncertainties in overseas markets. Most Read from Bloomberg Exports rose 3.1% from a year ago, led by strong growth in shipments of chip-making equipment, especially sales […]
CashNews.co The Japanese government plans to introduce biofuels for automotive use by the end of the decade, as part of a broader strategy to cut the country’s greenhouse gas emissions, according to local reports. Biofuels are derived from plants such as corn and sugar cane, which absorb carbon dioxide during their life cycles – offsetting […]
CashNews.co NHKCountries in crisis plea for ‘climate finance’ at COP29UN Climate talks in Azerbaijan are tense as the developed and developing worlds spar over funding. NHK World’s Ide Mizuha brings us more,….2 hours ago Read More #cashnews #Japan #finance
CashNews.co High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do […]
CashNews.co TOKYO (AP) — Japan racked up a trade deficit in October for a fourth straight month as a weak yen and the rising price of energy kept import costs high. The trade deficit, which amounts to a nation’s imports subtracted from its exports, totaled 461 billion yen ($3 billion) in red ink last month, […]
CashNews.co (Bloomberg) — Elliott Investment Management reported a major stake in Tokyo Gas Co, the latest example of activist investors trying to unlock hidden value in Japanese firms. Most Read from Bloomberg The fund now holds 5.03% of the utility and may make important proposals to the company, it said in a filing Tuesday to […]