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Japan’s Makino opposes Nidec’s unsolicited takeover bid

April 10, 2025

Japan’s top brokerages warn on Trump uncertainty after jump in profits
TOKYO — Four of Japan’s largest brokerage groups reported a combined 57% increase in net profit for the year ended March 31, but there are signs that U.S. policy is having a chilling effect on the activities that drove these gains. Nomura Holdings, Daiwa Securities Group, SMBC Nikko Securities and Mitsubishi UFJ Securities Holdings logged…
Mitsui O.S.K. forecasts 60% net profit drop as Trump tariffs bite
TOKYO — Mitsui O.S.K. Lines now sees net profit plunging 60% in the fiscal year ending March 2026, the Japanese marine shipping company said Wednesday, as the risk to the global flow of goods by U.S. President Donald Trump’s tariffs becomes more apparent. The company’s revised projection of 170 billion yen ($1.19 billion) falls short…
Free E-Bike scheme 2025 in Punjab; Complete details here
Free E-Bike scheme 2025 in Punjab; Complete details here The Punjab Chief Minister’s Free E-Bike Scheme 2025 has officially entered Phase 2, and online registration is now open. This initiative aims to support students across Punjab by providing them with free electric bikes, making transportation more accessible and affordable. Punjab CM Free E-Bike Scheme Online…
Jeep, Peugeot maker Stellantis readies broad price cuts in Japan
TOKYO — European automaker Stellantis will on Thursday lower prices in Japan by as much as 500,000 yen ($3,500) for models across six major brands including Jeep and Peugeot, hoping to boost sales as slowing demand for electric vehicles and U.S. tariffs weigh on other markets. The move, which applies only in Japan, is the company’s…
‘Pakistan to give decisive response to any misadventure’
‘Pakistan to give decisive response to any misadventure’ Deputy Prime Minister Ishaq Dar, in a press conference alongside DG ISPR Lieutenant General Ahmed Sharif, gave a clear response to India, stating that Pakistan has no connection to the Pahalgam incident. The minister’s remarks come amidst heightened tensions following the Pahalgam attack in Indian Illegally Occupied…
Mishi Khan slams Barkha Dutt’s criticism on India-Pakistan post-Pahalgam
Mishi Khan slams Barkha Dutt’s criticism on India-Pakistan post-Pahalgam Indian journalist Barkha Dutt visited Pakistan. She suggested India should no longer play cricket with Pakistan. Pakistani actress and TV personality Mishi Khan criticized Dutt’s hypocrisy. Indian journalist Barkha Dutt recently visited Pakistan along with other Indian media professionals. During the visit, they were warmly welcomed…
Sindh announces public holiday on May 1
Sindh announces public holiday on May 1 All public and private schools will remain closed across Pakistan tomorrow, Thursday, on account of the Labour Day (May 1). The government has issued a notification in this regard while the private schools have communicated the parents about the closure of schools. Earlier, the State Bank of Pakistan…
Japan’s MUFG projects record profit as rising rates boost loan margins
TOKYO — Mitsubishi UFJ Financial Group expects record net profit for the year ended March under revised guidance it announced on Wednesday, as interest rate hikes by the Bank of Japan lift long-slumping loan interest margins. Consolidated net profit is now projected to reach 1.86 trillion yen ($13 billion), MUFG said, up 25% from the…
Pak Army war exercises continue following Indian false flag Pahalgam attack
Pak Army war exercises continue following Indian false flag Pahalgam attack The Pakistan Army’s war exercises continue in the wake of the Indian false flag Pahalgam attack. Sources said that both light and heavy modern weaponry — including tanks, artillery, and infantry units are participating in the exercises. The milit exercises are being conducted in…