Japan said it intervened in currency markets to sell dollars and buy yen, the first such intervention in 24 years, in a bid to stem the recent sharp fall of the currency. ( read original story ...)
Japan intervened in forex market to stem weak yen – top currency diplomat Kanda
The Japanese government has intervened in the foreign exchange market to sell dollars for yen to stem the Japanese currency's recent sharp falls, top currency diplomat Masato Kanda said on Thursday. ( read original story ...)
Videos have circulated in reports about Japan typhoon destruction since 2018, not filmed in 2022
Three videos have been shared repeatedly in Korean-language social media posts and news reports alongside claims they show Typhoon Nanmadol slamming into Japan in September 2022, leaving at least two ... ( read original story ...)
How Binocs Promises To Help Keep Crypto Investors Out Of Trouble
Binocs believes its technology provides a solution to this issue. Investors plug their crypto accounts into Binocs’ app and it pulls in a read-only view of the underlying data i ...
Don’t believe the ‘maximalists’: bitcoin can’t be separated from crypto
It usually starts with something designed to appease — some kind of agreement that crypto is immoral, a scam, or some version of a Ponzi scheme. But then it quickly changes course, to explain that ...
Crypto tax reporting app Binocs helps users navigate regulations
Keeping up with tax compliance for cryptocurrency can be tricky, especially since many laws are new (or haven’t been written yet). That’s why Binocs was founded. Users integrate their exchanges and ...
SoftBank looks to form a ‘strategic alliance’ between Arm and Samsung
SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential "strategic alliance" between the South Korean tech giant and chip ...
Salik Company PJSC successfully completes bookbuild for IPO raising over $1bn
Overwhelming demand with IPO oversubscribed more than 49x across all tranches highlighting strong confidence in Salik’s story; Offering attracted tremendous interest amongst the ...
Japanese stocks sink to two-month low after Fed, BOJ decisions
Japanese shares on Thursday closed at their lowest in more than two months, as investors reacted to the U.S. Federal Reserve's hawkish projections and the Bank of Japan's decision to maintain its ...
Osaka pulls out in Tokyo with abdominal pain
Naomi Osaka's title defence at her home Pan Pacific Open ended on Thursday when the former world number one withdrew ahead of her second-round match against Beatriz Haddad Maia due to abdominal pain. ( read original story ...)
Honda to cut car output by up to 40% at Japan plants on supply snags
Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for early next month because of ongoing supply chain and logistical problems. ( read original story ...)
Yen slides after Bank of Japan sticks to dovish monetary policy
The Bank of Japan said it was sticking to its ultra-loose monetary policy after the US Federal Reserve unveiled a third consecutive large interest rate increase, sending the yen to a new 24-year low. ( read original story ...)
Japan ‘most certainly’ will intervene in FX market if needed -top FX diplomat
Japan has not intervened in the currency market yet but will "most certainly" do so when necessary, the country's top currency diplomat, Masato Kanda, said on Thursday. ( read original story ...)
Is Ether A Security? How The Merge Reignited Questions Around Crypto Regulation
As the Ethereum merge fades into the background, and even the potential disruption caused by the ETHPoW has seemed to fizzle out, several questions have come back to forefront; how should crypto be ...
Crypto Exchange CoinFlex Floats Plan for Creditors to Own 65%
Cryptocurrency exchange CoinFlex has detailed a restructuring plan in which creditors will own 65% of the company, with a vote on the proposal coming over the next week.
Investors eye Tokyo markets, govt. and BOJ responses
Bank of Japan policymakers are expected to stick to their massive easing measures after they wrap up a two-day meeting on Thursday.