26 stories tagged #Tokyo

  1. Japan Issues Stern Warning on Yen Speculation, Hints at Further Intervention
    finance

    Japan Issues Stern Warning on Yen Speculation, Hints at Further Intervention

    Japan's top currency diplomat warns of persistent speculative moves against the yen, signaling readiness for more intervention after a rare market action.

    last mo. 1 min read
  2. Elliott Management Discloses Nippon Express Stake, Shares Surge
    finance

    Elliott Management Discloses Nippon Express Stake, Shares Surge

    Activist investor Elliott Management revealed a 5.04% stake in Nippon Express Holdings, causing the logistics firm's shares to jump significantly.

    last mo. 1 min read
  3. Nissan Reverses Forecast: Sees Profit Instead of Loss
    finance

    Nissan Reverses Forecast: Sees Profit Instead of Loss

    Nissan Motor revises its full-year earnings forecast, expecting a 50 billion yen operating profit, a significant turnaround from a previously projected loss.

    last mo. 1 min read
  4. Japan's Inflation Dips Below BoJ Target Amidst Fuel Subsidies
    finance

    Japan's Inflation Dips Below BoJ Target Amidst Fuel Subsidies

    Japan's core inflation fell below the Bank of Japan's 2% target in March, primarily due to government fuel subsidies mitigating energy price shocks.

    last mo. 1 min read
  5. Activist Investor Elliott Takes Stake in Daikin, Demands Higher Returns
    finance

    Activist Investor Elliott Takes Stake in Daikin, Demands Higher Returns

    Elliott Investment Management reveals a stake in Daikin Industries, urging the air conditioner manufacturer to enhance margins, boost shareholder returns, and divest non-core assets.

    last mo. 1 min read
  6. Olympic Champion Viktor Axelsen Retires Due to Back Injury
    sports

    Olympic Champion Viktor Axelsen Retires Due to Back Injury

    Danish badminton star Viktor Axelsen, a double Olympic gold medalist, announced his retirement from professional play citing persistent back issues following surgery.

    last mo. 1 min read
  7. Fast Retailing Reports Strong Q2 Profit Surge, Boosts Full-Year Outlook
    finance

    Fast Retailing Reports Strong Q2 Profit Surge, Boosts Full-Year Outlook

    Uniqlo's parent company, Fast Retailing, announces a 29.4% jump in Q2 operating profit, exceeding analyst expectations and raising its annual forecast.

    last mo. 1 min read
  8. Metaplanet Acquires 5,075 Bitcoin, Becomes Third Largest Treasury Holder
    crypto

    Metaplanet Acquires 5,075 Bitcoin, Becomes Third Largest Treasury Holder

    Japanese firm purchases nearly $400 million in BTC, surpassing MARA Holdings in global bitcoin treasury rankings.

    2mo ago 1 min read