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Asian stocks experienced a significant surge, with Japan's Nikkei 225 index leading the gains, following a record-setting rally on Wall Street after the Federal Reserve's substantial interest rate cut. The Bank of Japan maintained its current policy stance, contributing to the positive market sentiment across Asia.
Asian markets experienced a significant uptick following the Federal Reserve's decision to implement its first interest rate cut in over four years. This move aims to bolster the U.S. economy and prevent a potential recession, reflecting a broader shift in global financial dynamics.
Asian shares experienced moderate gains as investors look ahead to the U.S. Federal Reserve's anticipated interest rate cut, the first in over four years. This development has sparked optimism in regional markets, including Japan and South Korea, reflecting a broader trend of cautious optimism among investors.
Two Delta planes collided on a taxiway at Atlanta's airport, resulting in the tail of a smaller regional jet being knocked off. The incident highlights safety concerns and operational challenges at busy airports. The Federal Aviation Administration is expected to investigate the collision.
The parent company of the Japanese 7-Eleven convenience store chain has rejected a takeover offer from Canadian retailer Alimentation Couche-Tard. This decision highlights the strategic direction of Seven & I Holdings as it continues to focus on its operations in Japan and globally.
Asian shares are trading mixed as investors remain cautious ahead of a pivotal U.S. employment report that could influence the Federal Reserve's interest rate decisions. The report is highly anticipated due to its potential impact on financial markets and economic forecasts.
The Brazilian soccer club Corinthians has controversially rejected the green colors of the Green Bay Packers and Philadelphia Eagles, citing a long-standing rivalry with Palmeiras. This decision comes as the club prepares to host the first NFL game in South America at its stadium, highlighting the deep-seated soccer loyalties in Brazil.
The Tokyo Metropolitan Government has launched its “GX-Related Foreign Company Tokyo Market Entry Support Program” for FY 2024, inviting applications from foreign firms with advanced technological capabilities in Green Transformation (GX) sectors. The program aims to promote innovation and sustainable recovery by facilitating the entry of foreign companies into Tokyo’s market. Applications are open until July 12, 2024.
The Tokyo Metropolitan Government has launched the "Access to Tokyo" support desk in Bengaluru, India, aimed at fostering collaboration between local startups and Tokyo-based firms. This initiative is part of TMG's strategy to position Tokyo as a global financial hub and facilitate innovation in the region.
The Tokyo Metropolitan Government has selected a prospective operator for the Tsukiji District Development Project, aiming to create a cultural hub that promotes sustainable growth through diverse exchanges. The operator, a consortium named ONE PARK × ONE TOWN, includes prominent companies such as Mitsui Fudosan and Toyota Motor Corporation. The project is set to enhance the appeal of Japanese culture and cuisine while revitalizing the iconic Tsukiji area.