TOKYO/LONDON: The dollar slid on Tuesday as US treasury yields paused in a relentless climb higher, providing brief relief to share markets and helping the euro and sterling move further off multi-year lows. The Australian dollar was also in focus, sinking about 1% after the nation’s central bank surprised markets with a smaller-than-expected interest rate...
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Category: Japan
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Watch: North Korea missile warnings sound in Japan
Missile warnings sounded across parts of Japan as North Korea launched a ballistic missile over the country. Sirens wailed and announcements called on people to take cover in buildings or underground. It is the first North Korean missile launch over Japan since 2017.
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South Korea condemns North’s missile launch over Japan
Share: South Korea on Tuesday strongly condemned North Korea for firing a ballistic missile and warned Pyongyang of stronger sanctions and other consequences, local media reported. In a statement after a National Security Council (NSC) meeting chaired by President Yoon Suk-yeol, the South Korean presidency said North Korea’s action is a violation of the UN...
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Markets rally, dollar dips as US data tempers rate fears
HONG KONG: Asian markets rallied Tuesday and the dollar eased after weak US factory data sparked optimism that a series of big interest rate hikes were taking their toll, allowing the Federal Reserve to ease its foot off the pedal. Oil also continued to rise on expectations OPEC and other major producers will slash output...
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PlayStation eyes new investment for PC, mobile push
TOKYO (Reuters) – Sony Group Corp’s (6758.T) gaming business is looking at fresh investment to bolster its push into PC and mobile, a senior executive said, as the PlayStation 5 maker competes for talent with deep-pocketed rivals and as industry dealmaking heats up. “Further investments in areas that will strengthen the expansion on to PC,...
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Nobel Physics Prize could focus on light
Last year, 12 men and one woman won Nobel Prizes, with all of the science nods going to men. – AFP Stockholm: Bending and manipulating light to make objects invisible or harnessing it more efficiently to produce electricity are among the discoveries tipped to win the Nobel Physics Prize on Tuesday. The Royal Swedish Academy of...
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Best places to visit in Japan before swarms of tourists arrive – Daily Times
After almost three years of Covid-induced border closures, Japan is finally opening up to vaccinated tourists from most countries, with no need for quarantine, PCR tests or visas. And with the yen making hotels, restaurants and shopping more affordable, demand is sure to be high. Airlines are ramping up flights and businesses are getting to...
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Iran, US strike prisoner exchange deal: Iranian media
Tehran and Washington have reached a prisoner exchange deal that includes the unfreezing of funds of Iran abroad, Iranian media reported Monday. Four people held in Iran will be released under the agreement, in exchange for the release of four people held in the United States, news agency Nournews reported. There was no immediate confirmation from Washington. It follows...
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North Korea conducts longest-range missile test yet over Japan
SEOUL/TOKYO: Nuclear-armed North Korea fired a ballistic missile over Japan for the first time in five years on Tuesday, prompting a warning for residents to take cover and a temporary suspension of train operations in northern Japan. The Japanese government warned citizens to take cover as the missile appeared to have flown over and past...
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Japan’s Nikkei jumps 3% on Wall Street strength, bargain-buying
TOKYO: Japan’s Nikkei jumped 3% on Tuesday to record its best session in more than six months, as investors scooped up beaten-down heavyweights and growth stocks after Wall Street closed sharply higher overnight. The Nikkei share average advanced 2.96% to 26,992.21 in broad-based buying, marking its biggest daily gain since March 23, and posting its...
