News

Myntra's EORS 18 set to go live on June 1 with 2.1 mn fashion, beauty & lifestyle products Myntra, one of India's leading fashion, beauty and lifestyle destinations, said on Thursday that it is set to host the 18th edition of its flagship fashion extravaganza 'EORS' (End of Reason Sale) from June 1, with Early Access starting from May 31 for Myntra Insiders, members of its loyalty programme. The fashion carnival will be a mega bonanza for shoppers of fashion, beauty and lifestyle, where millions of users from across metro, tier 1/2 cities and towns and beyond can exp...
Myntra's EORS 18 set to go live on June 1 with 2.1 mn fashion, beauty & lifestyle products
Myntra's EORS 18 set to go live on June 1 with 2.1 mn fashion, beauty & lifestyle products
Source: IANS
26/05/2023 8:47:44 AM
Stalin meets industrialists in Singapore, pitches Tamil Nadu as investment destination Tamil Nadu Chief Minister M.K. Stalin, who is on a week-long two-nation tour of Singapore and Japan, met industrialists and business groups in Singapore and pitched his state as a safe investment destination. He is visiting the two countries to woo investments for the state as a prelude to the Global Investor Meet to be held in Chennai in January 2024. Stalin, in a series of tweets, said: "Had discussions and productive engagement with the heads of financial and industrial institut...
Stalin meets industrialists in Singapore, pitches Tamil Nadu as investment destination
Stalin meets industrialists in Singapore, pitches Tamil Nadu as investment destination
Source: IANS
24/05/2023 4:57:51 PM
South Korean experts set to begin on-site inspection of Fukushima nuke plant A team of South Korean experts is set to begin a two-day inspection of the planned release of radioactive water from the crippled Fukushima nuclear power plant in Japan on Tuesday, amid lingering concerns about the safety of the water. The 21-member team, headed by Nuclear Safety and Security Commission Chairperson Yoo Guk-hee, will visit the plant to examine the plant's custom purification system, known as ALPS, and assess whether the treated water is safe enough to be released into t...
South Korean experts set to begin on-site inspection of Fukushima nuke plant
South Korean experts set to begin on-site inspection of Fukushima nuke plant
Source: IANS
23/05/2023 10:49:30 AM
TCS partners Google Cloud to launch next-gen generative AI offering Tata Consultancy Services (TCS) on Monday announced an expanded partnership with Google Cloud, with launching 'TCS Generative AI' which leverages Google Cloud's generative AI services to design and deploy custom-tailored business solutions. This new offering is powered by Google Cloud's Generative AI tools -- Vertex AI, Generative AI Application Builder and Model Garden, and TCS' own solutions. TCS has developed a large portfolio of AI-powered solutions and intellect...
TCS partners Google Cloud to launch next-gen generative AI offering
TCS partners Google Cloud to launch next-gen generative AI offering
Source: IANS
22/05/2023 3:51:08 PM
Neeraj Chopra to begin Diamond League defence in Doha Reigning Olympic champion and world silver medallist Neeraj Chopra will begin his Diamond League title defence from Doha meeting on May 5. Due to injury, Chopra missed the 2022 Doha meet, where Grenada's two-time world champion, Peters, recorded the fifth-longest throw in history with his 93.07m attempt. The current Indian national record holder, who improved his lifetime best by almost two metres with a throw of 89.94m for second at last year's BAUHAUS-Galan in Stockholm, was c...
Neeraj Chopra to begin Diamond League defence in Doha
Neeraj Chopra to begin Diamond League defence in Doha
Source: IANS
13/04/2023 5:23:16 PM
Tokyo to face tight power supply this summer  Japan's Tokyo area is expected to sustain a tight supply-demand situation for electricity this summer, according to projections made by the government. According to the latest estimates released by the Ministry of Economy, Trade and Industry, the reserve power supply capacity ratio in the metropolitan area might hit the lowest level for maintaining stable supply by falling to 3 percent, if the region served by Tokyo Electric Power Company experiences excessive heat on a once-in-a...
Tokyo to face tight power supply this summer
Tokyo to face tight power supply this summer
Source: IANS
2/04/2023 2:33:13 PM
Central banks in spotlight as US authorities focus on stability, First Republic  U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank, as central banks consider whether recent banking sector turmoil has reduced the need for interest rate rises. With market volatility easing, Wednesday's Federal Reserve meeting is in focus, with traders split over whether the U.S. central bank will be forced to pause its hiking cycle. The Fed, whose relentless rate hikes to rein in inflat...
Central banks in spotlight as US authorities focus on stability, First Republic
Central banks in spotlight as US authorities focus on stability, First Republic
Source: Reuters
22/03/2023 3:15:43 PM
Stock markets across Asia fall as global banking fears widen Stock markets across Asia fell on Thursday as troubles at international banking giant Credit Suisse intensified fears of a wider bank crisis. Major indexes in Japan, Hong Kong and Australia fell by over 1 per cent amid heavier losses in bank shares, the BBC reported. This comes as Credit Suisse said it would borrow up to $54 billion to shore up its finances. Shares in the bank plunged after it found "weakness" in its financial reporting. As a result, Japan's Nikkei 2...
Stock markets across Asia fall as global banking fears widen
Stock markets across Asia fall as global banking fears widen
Source: IANS
16/03/2023 12:47:55 PM
Average condo price in Japan hit record high in 2022 The average unit price of new condominiums across Japan hit a record high of 51.21 million yen ($382,000) in 2022, topping the previous record for the sixth year in a row, a think tank report revealed. The figure grew 0.1 per cent from the previous year due to surging costs of construction materials chiefly reflecting the yen's weakening as well as an upward trend spurred by the popularity of properties located near train stations, the Real Estate Economic Institute said in its report....
Average condo price in Japan hit record high in 2022
Average condo price in Japan hit record high in 2022
Source: IANS
22/02/2023 3:47:48 PM
Asia stocks hit 4-month high on reopening of Chinese economy A man on a bicycle stands in front of an electronic board showing Shanghai stock index, Nikkei share price index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan September 22, 2022. 
Asia stocks hit 4-month high on reopening of Chinese economy
Asia stocks hit 4-month high on reopening of Chinese economy
Source: Reuters
5/01/2023 8:40:57 AM
U.S. yields sink amid dovish Fed signals; HK stocks slip on COVID concerns U.S. long-term Treasury yields sank to a more than seven-week trough on Friday while the dollar drooped near recent lows against other major currencies peers as markets continued to digest dovish signals from the Federal Reserve. Expectations of a less aggressive pace of U.S. monetary tightening from as soon as next month continued to support some stock markets in Asia, but Hong Kong's Hang Seng dropped sharply as record COVID-19 infections in China dimmed the outlook. The 10-year T...
U.S. yields sink amid dovish Fed signals; HK stocks slip on COVID concerns
U.S. yields sink amid dovish Fed signals; HK stocks slip on COVID concerns
Source: Reuters
25/11/2022 9:13:29 AM
Marketmind: PMI, PMI baby A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are looking to round off the week on a positive note on Friday, with regional stocks on course to chalk up their fourth straight weekly rise. The relative calm may not last, however, if recession risks and fears accelerate. There are good reasons to believe this is in the cards. Indications from the initial batch of November purchasing managers index (PMI) data released so far show that private sector busines...
Marketmind: PMI, PMI baby
Marketmind: PMI, PMI baby
Source: Reuters
25/11/2022 8:56:52 AM
Uttar Pradesh minister Yogi Adityanath ready to cross shores for Global Investors` Summit Uttar Pradesh ministers will travel to 19 cities across 17 countries between December 9 and 19, ahead of the Global Investors' Summit (GIS) scheduled early next year. The road shows will work in simultaneous mode which means that more than one road show will take place per day. Sources said the schedule had been verbally approved by Chief Minister Yogi Adityanath who may travel separately closer to the event in January. The required paperwork for visa and other things has been initi...
Uttar Pradesh minister Yogi Adityanath ready to cross shores for Global Investors` Summit
Uttar Pradesh minister Yogi Adityanath ready to cross shores for Global Investors` Summit
Source: IANS
24/11/2022 10:27:12 AM
Asian shares subdued on rate-hike jitters, yen at 32-year lows  Asian shares slipped on Friday as the prospect of aggressive interest rate hikes from the Federal Reserve soured investor sentiment, while yen wilted to fresh 32-year lows, with markets on high alert for any sign of intervention. U.S. benchmark 10-year Treasury yields scaled fresh 14-year peaks, weighing on the equities market and pinning down gold prices. Sterling edged lower after a short-lived rally following the resignation of Britain's Prime Minister Liz Truss. Europea...
Asian shares subdued on rate-hike jitters, yen at 32-year lows
Asian shares subdued on rate-hike jitters, yen at 32-year lows
Source: Reuters
21/10/2022 9:03:30 AM
Neeraj Chopra 'spearheading' India's challenge in Birmingham As Indias ace javelin thrower and Tokyo 2020 gold medallist Neeraj Chopra aims to make history in the World Athletics Championships in Eugene, US, on Sunday, the 24-year-old will also be looking to corner glory at the Birmingham Commonwealth Games, which will commence less than a week after the global event. A gold medal at the World Championships will be historic for the country, much like the champion thrower's top-podium finish at the 2020 Olympic Games in Tokyo. Chopra will also be...
Neeraj Chopra 'spearheading' India's challenge in Birmingham
Neeraj Chopra 'spearheading' India's challenge in Birmingham
Source: IANS
23/07/2022 3:24:36 PM
Qosanov Memorial athletics: Dhanalakshmi clocks personal best to win 200m race; Dutee Chand comes third Tokyo Olympian Dhanalakshmi Sekar clocked her personal best time of 22.89s to win the 200m sprint at the Qosanov Memorial 2022 athletics meet, here on Sunday. Dhanalakshmi, who has been in good form this season, narrowly missed out on breaking a 20-year-old national record of 22.82s set by Saraswati Saha in 2002. Asian Games gold medallist Olga Safronova of Kazakhstan came second in 23.21s while Dutee Chand clocked 23.60s to finish third. However, Dhanalakshmi will be competing only in ...
Qosanov Memorial athletics: Dhanalakshmi clocks personal best to win 200m race; Dutee Chand comes third
Qosanov Memorial athletics: Dhanalakshmi clocks personal best to win 200m race; Dutee Chand comes third
Source: IANS
27/06/2022 4:21:02 PM
Ex-Japanese PM Yoshihida Suga calls on PM Narendra Modi Former Japanese Prime Minister Yoshihida Suga on Tuesday called on Prime Minister Narendra Modi in Tokyo, said an official statement issued here. During the meeting, Suga and Modi recalled their previous interactions, including their bilateral meeting on the sidelines of the first in-person Quad Leaders' Summit in Washington D.C. in September 2021. Modi appreciated Suga's contribution in deepening and strengthening India-Japan relations, said the statement. The two leaders ex...
Ex-Japanese PM Yoshihida Suga calls on PM Narendra Modi
Ex-Japanese PM Yoshihida Suga calls on PM Narendra Modi
Source: IANS
24/05/2022 4:23:07 PM
India, US sign new Investment Incentive Agreement in Tokyo India and the US on Monday signed an Investment Incentive Agreement, which supersedes the earlier such agreement signed between the two countries in 1997, an official statement said. The agreement was signed in Tokyo by India's Foreign Secretary Vinay Kwatra and US International Development Finance Corporation's Chief Executive Officer Scott Nathan. "Significant developments have taken place since the signing of the earlier IIA in 1997 including the creation of a new agency...
India, US sign new Investment Incentive Agreement in Tokyo
India, US sign new Investment Incentive Agreement in Tokyo
Source: IANS
24/05/2022 9:09:51 AM
'India, Japan natural partners': PM Narendra Modi chairs Business Roundtable in Tokyo Prime Minister Narendra Modi on Monday chaired a roundtable in Tokyo with Japanese business leaders, including top executives and CEOs of 34 companies which have investments and operations in India. The companies represented diverse sectors including automobiles, electronics, semiconductors, steel, technology, trading and banking and finance. Stressing that India and Japan are natural partners, he lauded the business community as brand ambassadors of the immense potential of bilateral t...
'India, Japan natural partners': PM Narendra Modi chairs Business Roundtable in Tokyo
'India, Japan natural partners': PM Narendra Modi chairs Business Roundtable in Tokyo
Source: IANS
24/05/2022 8:09:06 AM
PM Narendra Modi to visit Tokyo to attend Quad Summit Prime Minister Narendra Modi will visit Tokyo to attend the 4th Quad Summit on May 24, it was announced on Thursday. During this visit, Modi will also hold bilateral meetings with his Japanese, and Australian counterparts, Fumio Kishida and Scott Morrison, and US President Joe Biden on the same day, Ministry of External Affairs spokesperson Arindam Bagchi said. "The summit in Tokyo is the fourth interaction of Quad leaders since their first virtual meeting in March 2021, the in-per...
PM Narendra Modi to visit Tokyo to attend Quad Summit
PM Narendra Modi to visit Tokyo to attend Quad Summit
Source: IANS
20/05/2022 11:13:20 AM
148, including 20 new athletes, included in first list of TOPS for 2024 Games A total of 148, including 20 new athletes in seven Olympic and six Paralympic disciplines, have been identified for support under the Target Olympic Podium Scheme (TOPS) at a meeting of the Mission Olympic Cell (MOC) of Sports Ministry here on Monday. The MOC approved lists in cycling, sailing, shooting, swimming, table tennis, weightlifting, and wrestling as well as para-sports (archery, athletics, badminton, shooting, swimming, table tennis). Archery, athletics, badminton, boxing, equ...
148, including 20 new athletes, included in first list of TOPS for 2024 Games
148, including 20 new athletes, included in first list of TOPS for 2024 Games
Source: IANS
14/12/2021 12:43:51 PM
Nissan raises profit outlook as sales rebound from pandemic slump TOKYO  - Nissan Motor Co on Tuesday raised its full-year operating profit outlook by 20% as sales rebounded from a pandemic slump and tight supplies of vehicles allowed it to lower incentive payments and boost margins. Nissan like other big global carmakers has been forced to cut output because of a shortage of semiconductors and other components. But demand for cars in key markets such as China and the United States is growing. Nissan raised its full-year profit forecast to 180 bi...
Nissan raises profit outlook as sales rebound from pandemic slump
Nissan raises profit outlook as sales rebound from pandemic slump
Source: Reuters
9/11/2021 2:37:50 PM
Paralympics: Nagar, Yathiraj help India end Tokyo 2020 campaign with 19 medals India ended the Tokyo 2020 Paralympic Games with 19 medals -- five gold, eight silver, and six bronze, a dramatic and historic rise for the country that had collected only 12 medals while participating in 11 editions of the Games from 1968 till 2016. On Sunday, the final day of the Tokyo Paralympic Games, India claimed two medals -- a gold and a silver in badminton -- and finished 24th among 162 nations in the overall medal tally on the basis of gold medal count, while it is placed 20th ba...
Paralympics: Nagar, Yathiraj help India end Tokyo 2020 campaign with 19 medals
Paralympics: Nagar, Yathiraj help India end Tokyo 2020 campaign with 19 medals
Source: IANS
5/09/2021 5:09:51 PM
Paralympic shooting: Babu misses spot in final by 0.2 points Sidhartha Babu missed out on a spot in the final of the R6 - Mixed 50m Air Rifle Prone SH1 by 0.2 points as India ended its campaign in the shooting competitions at the Tokyo 2020 Paralympic Games with five medals on Sunday. Babu finished ninth in the qualifying stage with a score of 617.2 while China's Dong Chao took the eighth and last qualifying spot with a score of 617.4 points. Babu, a kickboxing instructor and a black belt in the sport who suffers from paraplegia as the result...
Paralympic shooting: Babu misses spot in final by 0.2 points
Paralympic shooting: Babu misses spot in final by 0.2 points
Source: IANS
5/09/2021 10:16:31 AM
Tokyo Paralympics: Thangavelu fails to defend title, wins silver  Two Indian para-athletes came to Japan hoping to win their second successive gold medal in the Paralympic Games. One of them, Devendra Jhajharia, had to contend with silver after losing to Sri Lankan Dinesh Priyantha Herath in javelin throw T46 on Monday. The other, Mariyappan Thangavelu, too had to be satisfied with a silver medal as American Sam Grewe outjumped him in the Men's High Jump T63 at the Olympic Stadium here. Mariyappan, who like Jhajharia had won the gold meda...
Tokyo Paralympics: Thangavelu fails to defend title, wins silver
Tokyo Paralympics: Thangavelu fails to defend title, wins silver
Source: IANS
1/09/2021 9:40:05 AM
Armaan Malik, Papon hail Avani Lekhara for winning gold at Paralympics Singers Armaan Malik and Papon have congratulated Indian rifle shooter Avani Lekhara for creating history by winning gold at the Tokyo 2020 Paralympics. Avani won a gold medal in the 10 m air rifle event at the games. Armaan tweeted: "Congrats Avani Lekhara on creating history! The first Indian woman to win a Paralympics gold medal!! Putting India on the map and how Hundred points symbol #Gold #Paralympics #Tokyo2020 #AvaniLekhara." Papon tweeted: "A champion through a...
Armaan Malik, Papon hail Avani Lekhara for winning gold at Paralympics
Armaan Malik, Papon hail Avani Lekhara for winning gold at Paralympics
Source: IANS
31/08/2021 3:09:19 PM
Olympics: Indian scullers finish sixth and last in semifinals India's woes at the Tokyo Olympic Games continued with the men's lightweight double sculls rowing team of Arjun Lal Jat and Arvind Singh falling short of making the medals round at the Sea Forest Waterway, finishing sixth and last in the semifinals on Wednesday. Only the top-three from each semifinal make it to the finals of the event, while the Indian scullers clocked 6:24.41 to end at the bottom of the six-boat race. World champions Fintan McCarthy and Paul O'donovan of Ir...
Olympics: Indian scullers finish sixth and last in semifinals
Olympics: Indian scullers finish sixth and last in semifinals
Source: IANS
28/07/2021 11:44:56 AM
Olympics: Fewer than 1,000 to watch opening ceremony in stadium: official Only about 950 people, including officials and reporters, will be allowed to watch Friday's opening ceremony of the Tokyo Olympics  in the main stadium, a senior official from the organising committee said on Thursday. Hidemasa Nakamura, chief of Tokyo 2020 main operation centre, told a press briefing that apart from the above-mentioned group, the rest allowed into the stadium are performers and athletes participating in the event, reports Xinhua. The Tokyo 2020 organising comm...
Olympics: Fewer than 1,000 to watch opening ceremony in stadium: official
Olympics: Fewer than 1,000 to watch opening ceremony in stadium: official
Source: IANS
23/07/2021 12:14:00 PM
India at Tokyo Olympics: Huge expectations, high aspirations The 127-member Indian contingent will enter the Tokyo Olympic Games with soaring expectations of returning with their best medal haul ever even as the pandemic plays havoc with their preparations and mental health. . The Games are being held in an environment of fear with athletes having to constantly monitor their health and also focus on the task at hand as Covid-19 cases continue to rise in the Games Village. Amid the negativity of a majority of the Japanese citizens giving the thumbs ...
India at Tokyo Olympics: Huge expectations, high aspirations
India at Tokyo Olympics: Huge expectations, high aspirations
Source: IANS
23/07/2021 11:03:07 AM
Olympic countdown: Manpreet, the backbone of the Indian team Manpreet Singh has had a successful stint as Indian skipper in the last few years, helping the team win the Asia Cup 2017, Asian Champions Trophy in 2018, FIH Series Final in 2019, and reaching the quarterfinals of the 2018 World Cup in Bhubaneswar. The Jalandhar-born 29-year-old halfback was also part of the team that won the Asian Games gold medal in 2014 at Incheon and bronze at the Jakarta Asian Games four years later; two silver medals in the Champions Trophy and a silver medal at t...
Olympic countdown: Manpreet, the backbone of the Indian team
Olympic countdown: Manpreet, the backbone of the Indian team
Source: IANS
13/07/2021 11:58:01 AM
Djokovic undecided about Olympic participation Serbia's world No. 1 Novak Djokovic said he is still undecided about his participation at the Tokyo Olympic Games, adding that it was a "50-50" thing as there are going to be "a lot of restrictions within the (Games) Village". Djokovic, who bagged the singles bronze at the 2008 Beijing Olympics, defeated Italy's Matteo Berrettini in the final on Sunday to clinch his sixth Wimbledon title and 20th Grand Slam crown overall. By winning the title, the Serb joined Ro...
Djokovic undecided about Olympic participation
Djokovic undecided about Olympic participation
Source: IANS
12/07/2021 4:17:58 PM
Olympic countdown: Sindhu aiming to get one better in Tokyo PV Sindhu has many firsts to her name. First Indian woman to win a silver medal at the Olympics, first Indian to win the Badminton World Championships and first Indian to win the BWF World Tour Finals. One won't be surprised if Sindhu upgrades her silver from Rio 2016 to gold in Tokyo. Since clinching a bronze medal at the World Championships in 2013, Sindhu has jumped, screamed, fist-pumped and smashed her way into the hearts of badminton followers. The daughter of former volleybal...
Olympic countdown: Sindhu aiming to get one better in Tokyo
Olympic countdown: Sindhu aiming to get one better in Tokyo
Source: IANS
10/07/2021 12:45:08 PM
Tokyo Olympics can still be held without spectators: Organisers Organisers of the Tokyo Olympic Games said here on Friday that it was still possible that the postponed Games would be held without spectators because of the worsening COVID-19 situation. "It's still unclear what the COVID-19 situation will look like since it changes from day to day, but the organising committee will be prepared to hold the games without spectators," said Seiko Hashimoto, the president of the organising committee, at a press conference, report Xinhua. Hash...
Tokyo Olympics can still be held without spectators: Organisers
Tokyo Olympics can still be held without spectators: Organisers
Source: IANS
3/07/2021 11:07:17 AM
Six Laos athletes to compete in Tokyo Olympic Games Athletes, trainers and National Sports Committee of Laos (NOCL) officials will travel to Japan on July 15 to participate in the Tokyo Olympic Games, which are set to start on July 23. The group will be led by Sengdeuane Lachanthaboun, president of the NOCL and of the National Paralympics Committee of Laos, said local daily Vientiane Times, reports Xinhua. Making the journey to Tokyo will be four trainers, five NOCL officials, and six athletes who will compete in athletics, swimming, jud...
Six Laos athletes to compete in Tokyo Olympic Games
Six Laos athletes to compete in Tokyo Olympic Games
Source: IANS
1/07/2021 1:46:54 PM
Olympics: Men's 4x400m relay team improves chances of qualifying Indian men's 4x400m relay team on Friday enhanced its chances of qualifying for the next month's Tokyo Olympic Games by clocking 3 minutes 01.89 seconds on the opening day of the National Inter-State Athletics Championships here. This timing is likely to improve India's world ranking from 16th to 13th before the qualification deadline of June 29. Only top 16 world ranking teams are eligible to compete in the Olympics. Muhammed Anas Yahiya, Amoj Jacob, Arokia Rajiv, and Noah ...
Olympics: Men's 4x400m relay team improves chances of qualifying
Olympics: Men's 4x400m relay team improves chances of qualifying
Source: IANS
26/06/2021 12:12:35 PM
SAI, IOA start sensitisation prog for Olympic bound athletes The Sports Authority of India (SAI) and the Indian Olympic Association (IOA) on Friday started a series of sensitisation programmes for Tokyo bound Indian contingent. The interactive programme is designed to help athletes and support staff understand Covid-19 protocols, Japanese culture and anti-doping rules. According to Prem Verma, deputy Chef-de-Mission of the Indian contingent, a number of issues raised by the IOA, including quarantine period for the Indian athletes, has been addres...
SAI, IOA start sensitisation prog for Olympic bound athletes
SAI, IOA start sensitisation prog for Olympic bound athletes
Source: IANS
26/06/2021 12:06:28 PM
Oil prices slip as coronavirus gloom festers TOKYO  - Oil prices dropped on Friday as concerns about the patchy roll-out of anti-coronavirus vaccinations around the globe tempered optimism earlier in the week that demand for fuels was recovering from the depths of the pandemic. Brent crude was down 29 cents, or 0.4%, at $71.02 a barrel by 0057 GMT, after falling 4 cents on Thursday following a gain to the highest since May 2019. The contract is on track for a gain of nearly 2% this week. U.S. oil also fell 29 cents, or 0.4%, ...
Oil prices slip as coronavirus gloom festers
Oil prices slip as coronavirus gloom festers
Source: Reuters
4/06/2021 8:34:43 AM
Japan may see inflation perk up in post-COVID era, says BOJ board member TOKYO  - A post-coronavirus pandemic world could offer an opportunity for Japanese firms to raise prices and help the central bank achieve its 2% inflation target, Bank of Japan board member Seiji Adachi said on Wednesday. While restaurants and hotels may need to continue shouldering the cost of steps to prevent the spread of the virus, consumers may become more willing to pay more for value-added services, Adachi said in a speech. "This could offer firms a chance to charge mo...
Japan may see inflation perk up in post-COVID era, says BOJ board member
Japan may see inflation perk up in post-COVID era, says BOJ board member
Source: Reuters
2/06/2021 12:18:26 PM
Asia`s factories sustain expansion, supply chain woes cloud outlook TOKYO - Asia's factory activity continued to expand in May thanks to an ongoing recovery in global demand, surveys showed on Tuesday, though rising raw material costs and supply chain constraints clouded the outlook. A spike in COVID-19 infections in countries like Taiwan and Vietnam could disrupt semiconductor output and supply chains, posing a headache for manufacturers and weighing on Asia's export-driven recovery, analysts say. Japan and South Korea saw an expansion in facto...
Asia`s factories sustain expansion, supply chain woes cloud outlook
Asia`s factories sustain expansion, supply chain woes cloud outlook
Source: Reuters
1/06/2021 8:32:46 AM
Decision on local fans at Oly to be made after lifting of emergency Tokyo Olympics organising committee chief Seiko Hashimoto said on Friday that the decision on how many local fans will be allowed into venues will be made after the state of emergency is lifted next month. Japanese Prime Minister, Yoshihide Suga, officially extended the state of emergency over Covid-19 in Tokyo and other eight prefectures by three weeks to June 20 amid the slow declining pace of infections. Hokkaido, which will host the Olympic marathon and walking races in its capital Sap...
Decision on local fans at Oly to be made after lifting of emergency
Decision on local fans at Oly to be made after lifting of emergency
Source: IANS
29/05/2021 11:53:13 AM
Oil steady near week high as prospect of Iran supply glut wanes TOKYO - Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as prospects of an early return of oil exporter Iran to international crude markets lessoned. Brent crude futures were down 6 cents at $68.40 a barrel by 0039 GMT, having jumped 3% on Monday. U.S. West Texas Intermediate futures fell 8 cents to $65.97 a barrel, after gaining 3.9% the previous session. Indirect negotiations between the United States and Iran are d...
Oil steady near week high as prospect of Iran supply glut wanes
Oil steady near week high as prospect of Iran supply glut wanes
Source: Reuters
25/05/2021 8:24:01 AM
As Iran eyes end of oil export sanctions, will former Asia clients buy? TOKYO  - As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they'll wait for the U.S. green light before investigating terms under which they might buy Iran's oil again. Iran's president said on Thursday that the United States was ready to lift sanctions, and Indian refiners plus at least one European refiner are already reassessing purchases to make room for Iran's oil in second-...
As Iran eyes end of oil export sanctions, will former Asia clients buy?
As Iran eyes end of oil export sanctions, will former Asia clients buy?
Source: Reuters
21/05/2021 2:06:57 PM
Stocks rebound as Fed officials calm inflation fears TOKYO  - Japanese shares led a rebound in Asian markets on Friday, building on the lead from investors on Wall Street snapping up stocks that would benefit most from an economic recovery. The rally interrupted a three-day rout for stocks globally, as market jitters over accelerating U.S. inflation were calmed by Federal Reserve officials reiterating that price pressures from the reopening of the economy would prove transitory. Japan's Nikkei jumped 1.3%, while MSCI's broade...
Stocks rebound as Fed officials calm inflation fears
Stocks rebound as Fed officials calm inflation fears
Source: Reuters
14/05/2021 8:55:41 AM
Vistara to launch non-stop flights between Delhi and Tokyo Full-service carrier Vistara on Monday announced special, non-stop flights between Delhi (DEL) and Tokyo (HND) starting June 16, 2021. The airline will fly once a week between the two capital cities under India's travel bubble agreement with Japan. The airline will use its newly acquired Boeing 787-9 Dreamliner aircraft with three-class cabin configuration to serve the route. This makes Vistara the only Indian carrier to offer the choice of flying Premium Economy class in addition t...
Vistara to launch non-stop flights between Delhi and Tokyo
Vistara to launch non-stop flights between Delhi and Tokyo
Source: IANS
10/05/2021 3:30:18 PM
Belief of winning Olympic medal motivates us: Hockey captain Manpreet With 75 days to go for the Tokyo Olympic Games, India hockey captain Manpreet Singh has said that despite the setback of a postponed European tour due to the Covid-19 pandemic, the team believes it has a good chance to win a medal. "We are extremely disappointed at not being able to travel to Europe for the FIH Pro League Games against Germany and Spain. Those matches would have certainly helped in our preparations. But we understand these are unprecedented times," said Manpreet,...
Belief of winning Olympic medal motivates us: Hockey captain Manpreet
Belief of winning Olympic medal motivates us: Hockey captain Manpreet
Source: IANS
9/05/2021 4:45:21 PM
Japan firms brace for further COVID hit amid fears of new wave of infections: Reuters poll TOKYO  - Japanese companies think the country will suffer a fourth round of coronavirus infections, with many bracing for a further blow to business, a Reuters monthly poll showed. Japan has so far seen far fewer COVID-19 cases than many Western countries, but concerns about a new wave of infections are rising fast. A delay in vaccinations versus other Group of Seven advanced countries and a lacking sense of crisis among the public will trigger a new wave of infections, some firms ...
Japan firms brace for further COVID hit amid fears of new wave of infections: Reuters poll
Japan firms brace for further COVID hit amid fears of new wave of infections: Reuters poll
Source: Reuters
19/04/2021 10:55:09 AM
North Korea opts out of Tokyo Olympics North Korea does not plan to take part in this year's Tokyo Olympic Games because of the coronavirus pandemic, according to a media report. Pyongyang's Olympic Committee made the decision on March 25, according to the website Sport in the Democratic People's Republic of Korea, which reports on sports in North Korea, according to DPA news. The committee reportedly said the decision was to "protect our athletes from the global health crisis" caused by the coronavirus...
North Korea opts out of Tokyo Olympics
North Korea opts out of Tokyo Olympics
Source: IANS
6/04/2021 2:08:09 PM
Japan gathering information on Nomura, MUFG losses linked to U.S. client TOKYO  - Japan is looking into the financial losses incurred by MUFG and Nomura through deals related to an unnamed U.S. client, and will gather and share information on the matter with the Bank of Japan and overseas authorities, the finance minister said. Taro Aso's comments come after Mitsubishi UFJ Financial Group (MUFG) estimated a loss of around $270 million and Nomura Holdings Inc, Japan's largest investment bank, warned of a possible $2 billion loss - both linked to the...
Japan gathering information on Nomura, MUFG losses linked to U.S. client
Japan gathering information on Nomura, MUFG losses linked to U.S. client
Source: Reuters
2/04/2021 11:21:20 AM