Japanese companies in the service sector are setting their sights on Malaysia for increased investment, Malaysian National News Agency (Bernama) reported on Sunday.
Koichi Takano, managing director of Japan External Trade Organisation (Jetro), said (...)
The Bank of Japan (BOJ) contributed a record ¥2.17 trillion ($13.8 billion) to the government in fiscal year 2023, though rising interest rates raise concerns about the central bank's financial sustainability, the Nikkei Asia reported on (...)
Asian stocks tumbled on Thursday, extending losses from the previous session, as investors awaited key inflation data from the United States for clues on the future path of global interest rates, Reuters reported.
MSCI's broadest index of (...)
The European Commission is poised to announce higher tariffs on Chinese electric vehicles (EVs), sparking negotiations aimed at mitigating the impact on China's booming EV industry, Reuters reported on Wednesday.
These tariffs, expected by June 5, (...)
The US dollar gained ground Wednesday on expectations of delayed Fed rate cuts, while the Japanese yen tumbled to a four-week low near intervention levels at 157.255 per dollar, as reported by Reuters.
In April, the yen hit a 34-year low of 160.245 (...)
Turkey climbs to the 11th place globally in renewable energy capacity, reaching 58,462 megawatts, Xinhua reported on Wednesday citing Turkish Energy Minister Alparslan Bayraktar.
The country aims to add 5,000 megawatts annually, prioritising solar (...)
The Bank of Japan (BOJ) is signaling a potential shift in its ultra-loose monetary policy as a weakening yen raises inflation expectations, Reuters reported on Wednesday.
Board member Seiji Adachi warned that the central bank may raise interest (...)
Japan's nuclear regulator has approved the aging No. 3 and 4 reactors at the Takahama nuclear plant to operate for an additional 20 years, according to local media reports on Wednesday cited by Xinhua.
This decision will enable these reactors, (...)
Japan's net external assets hit a record 471.3 trillion yen ($3 trillion) in 2023, extending its reign as the world's top creditor for a sixth year, Reuters reported on Tuesday citing data released by the Ministry of Finance.
The surge is buoyed by (...)
The leaders of South Korea, China, and Japan emphasised their support for accelerating negotiations towards a trilateral Free Trade Agreement (FTA), potentially boosting economic ties in the region, Reuters reported on Monday.
In a joint declaration (...)
Asian stocks rose on Monday, with Taiwan hitting a record high, while the Japanese yen weakened further as investors awaited a key interest rate decision from the US Federal Reserve later this week, Reuters reported.
Regional markets upbeat:
* (...)
To introduce the allure and delight of sushi to a broader audience, the Japanese Embassy in Cairo hosted a special "Sushi Night" event at the Ambassador's residence on 23 May.
The evening commenced with a presentation by Ayumi Hashimoto, Director of (...)
The CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), Bassel Rahmy, recently met with a high-ranking delegation representing the Japan International Cooperation Agency (JICA) and the Embassy of Japan in Egypt.
The (...)
Thailand's exports rebounded in April, surpassing analysts' estimates with a notable surge in growth, according to Reuters citing data released by the Thai commerce ministry on Thursday.
Customs-based exports climbed by 6.8 per cent compared to the (...)
Asian stock markets fell on Thursday due to mixed signals from central banks and concerns about inflation, as geopolitical tensions between China and Taiwan added to the negative sentiment, Reuters reported.
Key benchmarks
* The CSI 300 index in (...)
Egypt has secured $38.8bm in development financing and grants over the past four years through partnerships with multilateral and bilateral development partners, the Ministry of International Cooperation told the House of Representatives' Foreign (...)
Japan's chief currency diplomat, Masato Kanda urged action to tackle structural issues and boost international competitiveness ahead of the G7 finance ministers and central bankers' meeting in Stresa, Italy, the Nikkei Asia reported on (...)
Asian shares rose on Wednesday as investors awaited strong earnings from chipmaker Nvidia and monitored interest rate outlooks in the US and UK, Reuters reported.
The broader MSCI index of Asia-Pacific shares outside Japan rose 0.4 per cent, (...)
Nearly 10 per cent of properties owned by leading Real Estate Investment Trusts (REITs) in the Asia-Pacific region are at high risk of climate change damage, particularly in coastal areas, according to a report cited by Reuters on Wednesday.
REITs, (...)
Russian steel production dropped by 5.7 per cent year-on-year to 6.2 million tons in April 2024, and the total output from January to April decreased by 2.5 per cent to 24.6 million tons, according to the World Steel Association (WSA), TASS reported (...)
Japanese government bond yields hit an eleven-year high on Wednesday, driven by investor expectations of a potential interest rate hike or reduction in bond purchases by the Bank of Japan, the Nikkei Asia reported.
The 10-year JGB yield rose to one (...)
The Egyptian Authority for Unified Procurement, Medical Supply, and the Management of Medical Technology (UPA) has finalized an agreement with JMS Japan, a leading blood bag manufacturer, for a new production facility in Egypt.
This came during a (...)
Asia's liquefied natural gas (LNG) prices surged to their highest level since late December, driven by robust demand from the region's importers gearing up for summer deliveries.
Traders familiar with the market told Bloomberg that the North Asian (...)
Asian stocks edged lower on Tuesday as investors awaited the release of the Federal Reserve's latest policy meeting minutes, Reuters reported. The minutes are expected to shed light on the central bank's stance on potential interest rate cuts this (...)
US private equity giant Carlyle Group is bulking up its Japan presence with a new record-breaking fund of 430 billion yen ($2.8 billion), Nikkei reported on Tuesday.
This latest Japan-focused fund, nearly 70 per cent larger than its 2020 (...)