Latest news with #PrimeMinisterIshiba
Yahoo
22-07-2025
- Business
- Yahoo
Japanese yen-led dollar pullback to offer mild support to rupee at open
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to open slightly higher on Tuesday, supported by a retreat in the dollar index that was largely triggered by a post-election rally in the Japanese yen. The 1-month non-deliverable forward indicated the rupee will open in the 86.20-86.22 range, versus 86.2925 in the previous session. On Monday, the Indian rupee weakened to 86.35 per dollar, its lowest level in a month, extending its losing streak to four sessions. Bankers attributed the decline to sustained dollar demand from importers and positioning in the non-deliverable forward (NDF) market. A lack of equity inflows has added to the pressure on the currency. The trading range on USD/INR "has probably shifted higher," with the 86.00–86.10 now acting as a support zone, a currency trader at a Mumbai-based bank said. "Interbank is more inclined to buying dips than trying to call the top," the trader added. The rupee at open is likely to find some support from the drop in the dollar index, which slid 0.62% on Monday — its steepest fall in over a month. The decline was spurred by a 1% jump in the yen. While the ruling coalition lost its majority, Prime Minister Ishiba's remarks that he would stay offered comfort to the yen, analysts said. Outside the yen, other Asian currencies were mixed on Tuesday, with the focus squarely on any progress on trade talks before the August 1 deadline for countries to strike deals with the U.S. or face high tariffs. Focus will also be on the outlook for Federal Reserve rate cuts. Last week, Fed Governor Christopher Waller signalled he may dissent at next week's meeting, where policymakers are widely expected to keep rates unchanged. "Waller remains in the distinct minority of two. We'll likely need to see very soft data, especially on the labour market, to convince investors that early cuts are on the table," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.32; onshore one-month forward premium at 11.50 paisa ** Dollar index at 97.88 ** Brent crude futures down 0.8% at $68.6 per barrel ** Ten-year U.S. note yield at 4.38% ** As per NSDL data, foreign investors bought a net $90.7 million worth of Indian shares on July 18 ** NSDL data shows foreign investors sold a net $41.9 million worth of Indian bonds on July 18 Sign in to access your portfolio
Yahoo
22-07-2025
- Business
- Yahoo
Japanese yen-led dollar pullback to offer mild support to rupee at open
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to open slightly higher on Tuesday, supported by a retreat in the dollar index that was largely triggered by a post-election rally in the Japanese yen. The 1-month non-deliverable forward indicated the rupee will open in the 86.20-86.22 range, versus 86.2925 in the previous session. On Monday, the Indian rupee weakened to 86.35 per dollar, its lowest level in a month, extending its losing streak to four sessions. Bankers attributed the decline to sustained dollar demand from importers and positioning in the non-deliverable forward (NDF) market. A lack of equity inflows has added to the pressure on the currency. The trading range on USD/INR "has probably shifted higher," with the 86.00–86.10 now acting as a support zone, a currency trader at a Mumbai-based bank said. "Interbank is more inclined to buying dips than trying to call the top," the trader added. The rupee at open is likely to find some support from the drop in the dollar index, which slid 0.62% on Monday — its steepest fall in over a month. The decline was spurred by a 1% jump in the yen. While the ruling coalition lost its majority, Prime Minister Ishiba's remarks that he would stay offered comfort to the yen, analysts said. Outside the yen, other Asian currencies were mixed on Tuesday, with the focus squarely on any progress on trade talks before the August 1 deadline for countries to strike deals with the U.S. or face high tariffs. Focus will also be on the outlook for Federal Reserve rate cuts. Last week, Fed Governor Christopher Waller signalled he may dissent at next week's meeting, where policymakers are widely expected to keep rates unchanged. "Waller remains in the distinct minority of two. We'll likely need to see very soft data, especially on the labour market, to convince investors that early cuts are on the table," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.32; onshore one-month forward premium at 11.50 paisa ** Dollar index at 97.88 ** Brent crude futures down 0.8% at $68.6 per barrel ** Ten-year U.S. note yield at 4.38% ** As per NSDL data, foreign investors bought a net $90.7 million worth of Indian shares on July 18 ** NSDL data shows foreign investors sold a net $41.9 million worth of Indian bonds on July 18
NHK
03-07-2025
- Entertainment
- NHK
Japan Day celebrated at World Expo in Osaka
The 2025 World Expo in Osaka, western Japan, celebrated Japan Day on Thursday, with a presentation combining traditional and contemporary performing arts. Japan's Crown Prince Akishino, Prime Minister Ishiba Shigeru and representatives from various countries attended the event. The stage program included a performance of gagaku, or Imperial court music, and a projection mapping of manga featuring Myaku-Myaku, the 2025 World Expo official character. There was also a performance fusing contemporary dance and manga. Actor Fujiwara Norika, who serves as the honorary director of the Japan Pavilion, read out a message about the region's restoration from a major earthquake in 1995. The event ended with a live performance by popular Japanese singer Misia, who sang three songs. Following the ceremony, the Hello Kitty character, a popular regional mascot named Kumamon and people clad in kimono walked underneath the Grand Ring, a huge structure built as the symbol of the expo.
NHK
27-06-2025
- NHK
Japanese authorities execute serial killer
A death row inmate convicted of killing nine people was executed on Friday morning. The execution of Shiraishi Takahiro, who was 34 years old, was carried out at the Tokyo Detention House. It was the first in Japan since July 2022, and the first under the administration of Prime Minister Ishiba Shigeru. The remains of one man and eight women were discovered at Shiraishi's apartment in Zama City, Kanagawa Prefecture, south of Tokyo, in 2017. Investigators suspect that Shiraishi lured the victims via social media and killed them. He was indicted on multiple charges, including murder, robbery and sexual assault, and was sentenced to death at a district court in Tokyo. Shiraishi's defense counsel filed an appeal with the Tokyo High Court, but he later withdrew it himself, finalizing the sentence in 2021.
