bank of japan

Asian markets rallied Friday, buoyed by hopes of US-Iran peace talks, though volatile oil prices and Strait of Hormuz concerns fueled inflation worries. Tokyo led gains as investor sentiment improved. Despite diplomatic optimism, rising crude prices prompted reassessment of global interest rate expectations, with the US Federal Reserve potentially hiking rates later this year.

Stock markets surged on Monday, with Sensex and Nifty crossing significant milestones. Easing West Asian tensions and falling crude oil prices fueled investor optimism, particularly after US President Trump indicated a deal with Iran was largely negotiated. Banking stocks led the rally, while global markets also saw gains.

A shocking case of betrayal has emerged as para-athlete Yash Khatik was arrested for murdering his mentor Chirag Tyagi. Yash allegedly killed Chirag over career sabotage fears, using a pistol procured with funds from the victim. He then attempted to flee with prize money, highlighting a tragic downfall.

Shree Jagannath Society Japan launched an online spoken Sanskrit learning centre, offering a six-month course for beginners. This initiative, in collaboration with Hindu Swayam Sevak Sangha Japan and WSSRC, aims to help NRIs connect with their culture and traditions. Designed by Prof Dambarudhar Pati, the classes will enrich spiritual and cultural understanding for both children and adults.

Standard Chartered will cut about 7,800 jobs by 2030, roughly 15 per cent of its corporate functions, with back-office hubs in Bengaluru, Chennai, Shenzhen and Warsaw hardest hit. CEO Bill Winters said the Asia-focused bank is replacing "lower-value human capital" with AI and automation, as StanChart targets an 18 per cent return on tangible equity by 2030 and higher income per employee.

The United States will officially unveil its 26-man squad for the 2026 FIFA World Cup during a live event in New York, with Mauricio Pochettino preparing for his first major tournament as USMNT manager. Leaked reports have already revealed much of the expected roster, including Christian Pulisic, Weston McKennie and Gio Reyna, ahead of the host nation’s highly anticipated World Cup campaign next month.

Indian equity benchmarks Sensex and Nifty closed lower on Tuesday after a late sell-off in heavyweight stocks like HDFC Bank and Reliance Industries erased early gains. Concerns over the rupee hitting a fresh record low and elevated crude oil prices also weighed on investor sentiment, though IT stocks provided some support.

The state has the highest share of people aged above 60 years, and that’s only set to go up. Rising healthcare costs to growing concerns around loneliness, the challenges are cut out for the new dept under the Cong-led UDF, which had made it a poll promise

Mauricio Pochettino and US Soccer turned the 2026 World Cup squad reveal into a major televised event in New York City, reflecting the growing profile of soccer in America ahead of a home World Cup. The announcement highlighted a squad built around experienced leaders like Christian Pulisic and Tyler Adams, while omissions such as Tanner Tessmann and Diego Luna quickly became major talking points.

Despite the bullish undertone in equities, several risk factors continue to keep investors on edge. The rupee touched a fresh record low after breaching the 95.8 mark against the US dollar for the first time.

Sixty years of leftism & quasi-leftism killed the city & state’s economic vitality. But a revival isn’t hard. Policy needs to build on moribund industrial bases & stock exchange. Plus, prioritise learning English

Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.

Global oil inventories are rapidly depleting due to the Iran war disrupting crude flows from the Persian Gulf, leading to concerns of price spikes and shortages. Asia faces immediate pressure, with some nations potentially experiencing shortages within a month as reserves hit multi-year lows. Strategic reserves are being deployed, but this further weakens the global safety buffer.