Shares in the Asia-Pacific traded lower on Monday following Fed Chairman Jerome Powell's speech at Jackson Hole on Friday.
Roundup: Tokyo stocks plunge on fears Fed’s rate hikes to hurt U.S. economy
Powell, during an annual policy speech at Jackson Hole, Wyoming on Friday, underscored the U.S. central bank's ongoing commitment to combating inflation, saying the central bank would use its tools ... ( read original story ...)
Tokyo shares dive after Fed pledge to hike rates
Tokyo shares sank on Monday after US Federal Reserve Chair Jerome Powell pledged to act "forcefully" against soaring inflation. ( read original story ...)
PM Modi said Japan’s Kaizen management concept was applied in Gujarat and now, at PMO – What is this business philosophy?
Japan’s Kaizen management system helped the nation rebuild after the devastation of World War II and is a business philosophy that PM Modi is known to embrace as well. What is Kaizen and how is it ... ( read original story ...)
Crypto and climate change: can web3 help get us to net zero?
New tech ventures want to use blockchain to clean up a messy carbon market — but critics fear more greenwashing ...
Singapore says retail investors ‘irrationally oblivious’ to crypto risks, plans tougher rules
Singapore is planning to roll out new regulations that will make it more difficult for retail investors to trade cryptocurrencies at a time when they seem to be "irrationally oblivious" about the ...
Singapore Mulls Crypto Consumer Suitability, Leverage Rules
The Monetary Authority of Singapore is considering more ways to protect consumers who trade cryptocurrencies, joining a push by policymakers and financial regulators across the globe aimed at ...
Japan’s Olympus to sell microscope unit to Bain for $3 billion
Olympus Corp said on Monday it has agreed to sell its microscope unit to private equity firm Bain Capital for 427.6 billion yen ($3.08 billion) as the Japanese company focuses its resources on medical ... ( read original story ...)
Nagoya champ Ichinojo moves up in rankings ahead of Autumn Grand Sumo Tournament
First-time champion Ichinojo was rewarded for his July triumph with a re-promotion to komusubi in the Japan Sumo Association’s rankings published on Monday ahead of the Autumn Grand Sumo Tournament ... ( read original story ...)
Australians stranded in Tokyo’s Narita airport after cancelled Jetstar flight
A group of Australians are stranded at Narita airport in Tokyo "without food or water", unable to leave due to Japan's strict COVID controls, after Jetstar cancelled their connecting flight from ... ( read original story ...)
JFE may build electric arc furnace to replace blast furnace in west Japan
JFE Steel, Japan's No.2 steelmaker, is considering building a new electric arc furnace (EAF) to replace the No.2 blast furnace at its Kurashiki plant in western Japan to reduce its carbon dioxide (CO2 ... ( read original story ...)
Bear Market for Japan Stocks Unavoidable Post-Powell, Citi Says
A bear market for Japanese stocks may be “all but unavoidable” as the latest speech from Federal Reserve Chair Jerome Powell pulls the rug from under a relief rally that markets have been enjoying ... ( read original story ...)
Japan’s Nikkei tracks Wall Street losses on U.S. rate caution
Japan's Nikkei share average sank to the lowest in more than two weeks on Monday, tracking declines on Wall Street after Federal Reserve Chair Jerome Powell said tight U.S. monetary policy would be ...
Japan’s Matsuno: We are keeping a careful eye on market movements with a sense of urgency
The policymaker initially mentioned that the government keeps a careful eye on market movements with a sense of urgency. It’s worth noting, however, that Japan’s Matsuno also talked down stock ...
Williams midfield in Japanese series
Williams was making his tenth appearance in the two-day World All-Star Jockeys Series, formerly known as the World Super Jockeys Series until 2015. The 45-year-old won the series in 2007 at Hanshin ... ( read original story ...)
‘No food or water’: Jetstar passengers stranded inside Tokyo terminal
Taipei | A group of Australian travellers were trapped in Tokyo’s Narita Airport overnight without food or water after their Jetstar Japan transit flight was cancelled, and they were banned from ... ( read original story ...)