Japan Has Become A Growth Market For Cricket Amid Asian Games Excitement

Japan's factory output unexpectedly increased in October, alongside a rebound in retail sales, signaling a potential recovery in the manufacturing sector. This development suggests that Japan's economy may be gaining momentum despite previous concerns about stagnation.

Core consumer prices in Tokyo rose by 2.8% year-on-year in November, reflecting a steady inflationary trend in Japan's capital. This increase slightly exceeded forecasts, indicating a stable economic environment as consumer prices continue to rise.

Starlink and Kyivstar have launched a direct-to-cell service in Ukraine, providing a vital communication link as Russian strikes continue to disrupt the country's power grid. This satellite-based service aims to keep Ukrainians connected during ongoing conflicts and infrastructure challenges.

Naver has announced its acquisition of Dunamu, a leading South Korean cryptocurrency exchange, in a deal valued at $10 billion, marking a significant move in the fintech sector. This acquisition is expected to enhance Naver's offerings, integrating payments, cryptocurrency, and stock trading services under one umbrella.

Asahi has reported that a ransomware attack in September potentially exposed the data of 1.5 million customers, significantly disrupting its operations in Japan and leading to a shortage of drinks.

Bank of America (BofA) has raised its GDP estimates for Japan, indicating a positive outlook for the country's economic growth. This adjustment comes amid expectations of gradual tightening by the Bank of Japan (BOJ), reflecting a shift in monetary policy as inflationary pressures persist.

Japan and the United States are reportedly considering the establishment of a public-private partnership to develop a memory chip manufacturing plant. This initiative aims to bolster semiconductor production capabilities amid increasing global demand and supply chain challenges.

Human Made, a Tokyo streetwear label backed by Pharrell Williams, has successfully completed an IPO that was heavily oversubscribed, signaling strong investor interest. The brand, founded by DJ-turned-designer Nigo, aims to expand its presence in international markets following this financial milestone.