Aug 04 (Bloomberg Markets and Finance) - Nomura Holdings Inc., Japan's largest brokerage, reported a 97% plunge in profit. Gains from fixed income trading were unable to make up for weaknesses elsewhere. Russell Ward reports on Bloomberg Television.
Japan's Nomura Reports 97% Slump in Profit on Deal Drought
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Fuji TV held a press conference on January 27 at 4 p.m. to address allegations reported in the media that an employee was involved in a dispute between TV personality Nakai and a woman. Fuji TV explained that investigating Nakai at this stage might negatively impact the woman’s mental health and risk further harm if Nakai attempted to contact her.
Starting January 27, Osaka City has implemented a citywide ban on smoking in public areas, including heated tobacco products, as part of preparations for the Osaka-Kansai Expo set to open in April.
A man has been arrested in connection with the stabbing of three individuals in front of JR Nagano Station in Nagano City, where one person was killed and two others sustained injuries of varying severity.
Japan is facing critical questions about how to navigate its relationship with the United States following the inauguration of Donald Trump as the 47th president.
The Bank of Japan (BOJ) has decided to raise its policy interest rate from an annualized 0.25 percent to 0.5 percent. This marks the first rate hike in six months and appears aimed at correcting the historically weak yen.
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Leaders of Fuji Television announced their resignations on Monday amid growing pressure on the Japanese broadcaster over a major scandal involving a TV personality. (NHK)
The world's two largest electric vehicle makers want to make bigger inroads into Japan's struggling EV market. America's Tesla and China's BYD both have plans to roll out new SUVs in April. (NHK)
The Bank of Japan (BOJ) has decided to raise its policy interest rate from an annualized 0.25 percent to 0.5 percent. This marks the first rate hike in six months and appears aimed at correcting the historically weak yen.
Japan is facing significant challenges in its food supply chain as new laws and rising prices create widespread concern among farmers and consumers. The recently introduced Food Supply Crisis Management Law, set to take effect on April 1, will prohibit farmers from leasing unused farmland, with severe penalties for violations.
Japan is facing an unprecedented rice shortage, with recent data highlighting alarming supply-demand imbalances in the domestic market. The Agricultural Newspaper reported on January 10 that the DI (Demand-Supply Index), a measure of rice market balance, reached a record high of 80. This figure indicates a critical shortfall in rice availability, surpassing even last year's levels when supermarket shelves were emptied.
A partnership agreement was signed on January 20th to promote cargo transportation using electric aircraft based at Kitakyushu Airport. A test flight to Miyazaki Airport is planned for this summer.
Nissan Motor announced on Wednesday that it will construct a new battery plant for electric vehicles (EVs) in Kitakyushu, signing an agreement with the city and Fukuoka Prefecture.