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ONGC will take a 50 per cent stake in two joint ventures with Japan’s Mitsui OSK Lines (MOL) to enter specialised ethane shipping.The joint ventures will each own a very large ethane carrier (VLEC), with ONGC and MOL holding equal equity. The vessels, with a combined cost of about $370 million, will transport ethane from…
Korean boy band Seventeen has concluded a landmark Japanese tour spanning the nation’s four premier dome venues, attracting a combined audience of 420,000 fans across 10 performances, according to Yonhap News and their agency Pledis Entertainment’s official statement released December 22.The tour finale at Fukuoka PayPay Dome on December 20-21 marked the completion of a…
Shriram Finance Limited (SFL) has entered into a definitive agreement with MUFG Bank Ltd., Japan’s largest bank and a part of Mitsubishi UFJ Financial Group (MUFG), for an investment of Rs 39,618 crore, the company informed stock exchanges in a regulatory filing on Friday.According to the filing, the Board of Directors of Shriram Finance approved…
MUMBAI: Japan’s second-largest alloy maker JFE Steel Corporation will buy a 50% stake in the steel business of Bhushan Power & Steel for Rs 15,750 crore, ramping up its play in India’s metal sector.Bhushan Power & Steel was acquired by JSW Steel in 2021 for Rs 19,350 crore through the bankruptcy process. JFE has been…
Masayoshi Son, SoftBank Group CEO, has revealed that the company’s decision to sell its substantial stake in Nvidia was a painful, though necessary, step taken to fund its aggressive new investments in artificial intelligence (AI), including a major commitment to OpenAI. Addressing the November disclosure that SoftBank had completely unloaded its shares worth $5.83 billion…
Japanese beer giant Asahi on Thursday delayed the release of its full-year financial results as it continues to grapple with a major cyberattack that began in late September.“While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal…
Asian stocks rose for a second straight session on Thursday, extending this week’s global rally as investors grow increasingly confident that the US Federal Reserve will deliver a third consecutive interest rate cut next month.The renewed optimism has pushed concerns over stretched valuations into the background for now, allowing risk appetite to strengthen across global…
Takaichi vs Xi: Taiwan at the center (AI-generated image used for representation) When Sanae Takaichi stood in the Diet on November 7 and said that force used against Taiwan could trigger Japan’s right to “collective self-defence,” Beijing’s reaction came fast and furious. TL;DR: Driving the news In her first month as Japan’s Prime Minister, Sanae…
The Japanese tradition of Ōsōji, or “big cleaning,” is a ritual that extends far beyond ordinary housekeeping, serving as a deliberate preparation for the New Year. Conducted in late December, the practice involves thoroughly tidying, decluttering, and refreshing homes, workplaces, and communal spaces, creating a sense of order and readiness for the months ahead. Ōsōji…
Image: Youtube/Screengrab Logan Paul walked off the set of his Impaulsive podcast when co-host Mike Majlak and guest Tana Mongeau referenced his 2017 “suicide forest” video. The exchange left Paul visibly uncomfortable and revived controversy surrounding a scandal he has been trying to put behind him for years. How the moment unfolded on air The…
