News near Tokyo Japan
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Pramod Bhagat wins gold and silver at Japan Para Badminton International in Tokyo
Pramod Bhagat won gold in men's singles SL3 and silver in men's doubles SL3-SU5 at the Japan Para Badminton International in Tokyo on Sunday. Sukant Kadam reached 100 career medals, taking silver in men's singles SL4 and men's doubles. India also won several other medals, including a gold for Chirag Baretha and Singapore's Wei Ming Tay in men's doubles SU5.
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Tokyo shares fall as oil tops US$100 and Japan bond yields hit 3%
Tokyo stocks closed lower on Friday, with the Nikkei briefly dropping more than 3 percent, as crude oil climbed above US$100 a barrel on Middle East supply worries and Japan's 10-year bond yield touched 3 percent. The Nikkei ended down 1,259.61 points at 64,011.34, while the Topix fell 26.28 points to 4,028.30.
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IHH unit's RM5.7bil claim against Daiichi Sankyo dismissed in Tokyo
The Tokyo District Court dismissed a damages claim by Northern TK Venture, IHH Healthcare's Singapore-based unit, against Japanese drugmaker Daiichi Sankyo. The claim, which grew from ¥20 billion to about ¥200 billion, arose from IHH's stalled plan to raise its stake in India's Fortis Healthcare. IHH said it disagrees with the ruling and is reviewing its legal options.
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Nikkei falls 0.8% as oil tops US$100 on wider Middle East war
Japan's Nikkei share average dropped 0.8 per cent to 64,597.46 in Tokyo as oil rose above US$100 a barrel amid an escalating Middle East conflict, with Iran reporting attacks on 10 ships near the Strait of Hormuz. Expectations of faster Bank of Japan rate tightening and caution ahead of US inflation data and central bank decisions also weighed on the market.