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Japanese Vice Minister of Finance warns that they are ready to intervene in the oil market.

01/05/2026

The top Japanese foreign exchange official said that Tokyo authorities are prepared to intervene in the crude oil futures market as speculative trading is affecting the movement of the yen. Jun Mimura, the Vice Minister of Finance for International Affairs, stated on Friday, "In general, we are always prepared to take action against crude oil futures trading."

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2 m ago

Sumitomo Corporation announced that it will sell 54.17% of its shares in the Ambatovy nickel mining project in Madagascar in the first half of the fiscal year ending in March 2027. The company expects to book approximately 70 billion yen in asset impairment losses in the first quarter due to this transaction, while the income tax expense will decrease. The overall impact on net profit is expected to be limited.

4 m ago

China Postal Life Insurance saw an 83% increase in long-term dividend insurance premiums in the first quarter. The general manager stated that the movement of deposits to the insurance sector is limited.

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Protests sparked again over US military aircraft conducting training exercises for takeoff and landing on land in Japan.

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Modern Car India Limited: In April, the domestic sales in India were 51,902 vehicles, an increase of 17% compared to the same period last year.

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Lynk & Co: Lynk & Co 04 global sales reached 16,650 units in April.

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