Japan downgrades Q4 GDP on service sector weakness

Japan's economic rebound was softer than initial estimates in the final quarter of 2021, revised data showed on Wednesday, as the pickup seen in consumer and business spending was weaker than first ... ( read original story ...)

Swiggy hires JP Morgan, I-Sec for $1 billion IPO

Swiggy had closed a $700 million funding round led by asset manager Invesco, and a host of new investors such as Baron Capital Group, Sumeru Ventures, IIFL AMC Late Stage Tech Fund, Kotak, also ... ( read original story ...)

How did Japan become so cheap?

Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, ... ( read original story ...)

Japan GDP worse than expected, yen unfazed

On a quarter-on-quarter basis, GDP rose 1.1%, lower than the initial reading of 1.3% and median forecast for a 1.4% increase. USD/JPY trades around 0.12% higher on the day at 115.76. The Gross ... ( read original story ...)

An ancient demon spirit may be loose in Japan

A volcanic rock known as the "killing stone" that legend says contained a demonic spirit and killed anyone who touched it was found split in two in Japan on Monday, The Guardian reports. According to ... ( read original story ...)