Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8%, to $93.54 a barrel at 0406 GMT. The December […]
Tag: Japan
Japan PM Fumio Kishida surprises with comfortable election win
By Administrator_India Capital Sands Japanese Prime Minister Fumio Kishida on Monday prepared to tackle major policy decisions, including trying to pass an extra budget, after leading his ruling party to an unexpectedly strong election win to solidify his status in a fractious party. Stocks surged to a one-month high on relief the Liberal Democratic Party […]
Japan seeks to end COVID-19 state of emergency this month: Minister
By Administrator_India Capital Sands The Japanese government will seek advisers’ approval to lift the state of emergency in all regions on Oct. 1 as the number of new coronavirus cases falls and the strain on the medical system eases, Economy Minister Yasutoshi Nishimura said on Tuesday. If approved by a panel of government advisers, Japan […]
Japan gathering information on Nomura, MUFG losses linked to U.S. client
By Administrator_India Capital Sands 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 estimated […]
Nearly 40 feared dead as torrential rains hit southwest Japan
By Administrator_India Capital Sands Nearly 40 people were feared dead as torrential rains continued to hit Japan’s southwestern island of Kyushu, with river banks at risk of bursting on Monday morning and new evacuation orders put in place. Flooding and mudslides that began at the weekend have killed 21 people so far. A further 18 […]
Japan lifts coronavirus travel curbs to help economy bounce back
By Administrator_India Capital Sands Japan lifted all coronavirus-related curbs on domestic travel on Friday, with Prime Minister Shinzo Abe calling on people to go sightseeing or attend concerts and other events to help the nation’s economy bounce back from a pandemic recession. Japan began lifting its pandemic lockdown in May as coronavirus infections fell. The […]
Japan will resume fiscal reform once economy out of deflation
By Administrator_India Capital Sands Japan will resume efforts to improve its fiscal health once the economy emerges from deflation and overcomes the hit from the coronavirus pandemic, Prime Minister Shinzo Abe said on Monday. “Japan’s economy is battling a crisis, so the priority now is to use all available means to put it on a […]