A "perfect storm of negatives" has crashed the bitcoin price ahead of Fed chair Jerome Powell's interest rate decision
Australia and Japan markets set to slip as Fed decision looms, most Asian markets closed
Australian and Japanese markets are set to fall Wednesday as investors brace for the U.S. Federal Reserve's rate decision, due early Thursday in Asia. Investors will also keep an eye on the yen, which ...
Japan Should Leave the Yen Bazooka at Home
The root cause of yen weakness lies in the US, not Japan. That makes the latter's options very limited. Sovereignty only goes so far. Kanda & Co. need to pick their shots carefully, and with discretion. Never mind the bazooka. Just a few bullets will suffice.
Japan’s ruling party loses key by-elections in blow to scandal-tainted PM Kishida
The conservative Liberal Democratic Party (LDP) lost the House of Representatives seats for Shimane, Tokyo and Nagasaki to the main opposition Constitutional Democratic Party of Japan (CDPL) led by leftist lawmaker Kenta Izumi.
Hideo Kojima and Mads Mikkelsen Will Be at Osaka Comic Con 2024
Death Stranding Director Hideo Kojima and Mads Mikkelsen will attend Osaka Comic Con 2024, and the event will feature a talk between them. ( read original story ...)
Landlord In Little Tokyo Gentrification Battle Says New Tenant Will Be Another Restaurant
When he made the move last year to evict a beloved Little Tokyo restaurant, landlord Tony Sperl went from relative obscurity to Public Enemy No.1 with neighborhood activists. Hundreds of people petitioned or rallied against the displacement of Suehiro Cafe ... ( read original story ...)
Japan’s factory activity falls slow, PMI shows
Japan's factory activity shrank at a slower pace in April as declines in output and new orders eased, a private-sector survey showed on Wednesday. Inflationary pressure continued but firms found ... ( read original story ...)
Bank of Japan Unlikely to Change Interest Rates Rapidly, IG Says
Hebe Chen, market analyst at IG, talks about the yen and Bank of Japan policy. Japan likely conducted its first currency intervention since 2022 to prop up the yen on Monday, according to a Bloomberg ... ( read original story ...)
Quake-hit Japan businesses at risk of losing many foreign interns
The Noto Peninsula, battered by a strong earthquake on New Year's Day, is bracing for another blow as many of the foreign te ... ( read original story ...)
Latest biotech cuts hit pioneering DNA sequencing company, Verily’s eye-focused joint venture
Twenty/Twenty Therapeutics LLC — a joint venture between Alphabet's (NASDAQ: GOOG) Verily Life Sciences unit and Santen Pharmaceutical Co. Ltd. of Osaka — will be shuttered, the company said in a ... ( read original story ...)
Yen retreats after U.S. data as eyes turn from Tokyo to Fed
NEW YORK >>The yen stumbled against the dollar today, relinquishing some of its sharp gains in the prior session sparked by suspected intervention by Japanese authorities, while a flurry of U.S. ( read original story ...)
Japanese town to build screen blocking Mount Fuji view in bid to fend off tourists
Fujikawaguchiko, Japan, known for its photo spots, began constructing a screen to block the view of Mount Fuji; foreign tourists have triggered complaints from residents. ( read original story ...)
Why the presidency isn’t the most important election for crypto in 2024
With several key races heating up, the CEO of the Chamber of Digital Commerce outlined what's at stake for the crypto industry.
How to Include Crypto in Your Retirement Portfolio
For retirement investors with limited knowledge of crypto who hope to include it in their portfolio, think small. Start with a 5% to 10% portfolio allocation, use diversified products such as ETFs, stick with reputable coin exchanges and wallets and regularly review your overall portfolio.
CoinFund’s Ginns on Crypto, Real Yields Correlation
CoinFund Managing Partner and Head of Liquid Investments Seth Ginns says anything short of an interest rate increase is likely to drive some degree of a Bitcoin relief rally. He talks about the correlation between real yields and crypto in an interview with Sonali Basak and Tim Stenovec on ".
Crypto advocates explain how bitcoin’s technology base can unleash untapped value
Bitcoin is recognized as a digital currency and a store of value, but beneath its surface lies a technological framework that many believe has vast untapped potential.