Japan's Nikkei 225 index tumbles 4.6%, hit by losses for technology shares and expected impacts of a strong yen ... ( read original story ...)
Japan’s economy likely rebounded in Q2 on consumption pick-up: Reuters poll
TOKYO, Aug 2 (Reuters) - Japan's economy likely rebounded in the April-June period after shrinking in the previous quarter thanks to a pick-up in factory output and consumption, a Reuters poll showed, ... ( read original story ...)
Yokohama Tire breaks ground on P3.5B Clark plant expansion
YOKOHAMA Tire Philippines Inc. (YTPI) has started construction on a P3.5 billion expansion of its tire plant in Clark. The project, set for completion by the end of 2025, will increase YTPI's daily ... ( read original story ...)
Four Seasons hotel opens in Osaka high-rise
The Four Seasons Hotel Osaka has opened, occupying part of the One Dojima high-rise in Osaka's Dojima neighborhood. The 28th floor is home to the hotel's Gensui floor, which showcases what Four ... ( read original story ...)
Asian shares tumble, led by 4.5% drop in Tokyo following a tech-driven retreat on Wall St
The Nikkei 225 in Tokyo lost 4.6% to 36,367.97 and the Hang Seng in Hong Kong dropped 2.1% to 16,950.59. Shares in other Asian markets also sank. Japanese shares have been pummeled after the central ... ( read original story ...)
Nikkei stock index tumbles in morning on US recession fears
TOKYO (Kyodo) -- Japan's Nikkei stock index briefly slid over 2,000 points Friday morning to a six-month low, in a global market rout stirred by concerns over a recession in the United States after weaker-than-expected economic data. The 225-issue Nikkei ...
Japan’s Suzuki: Will analyze the impact of forex volatility on economy, respond appropriately
Japan Finance Minister Shunichi Suzuki said on Friday that they “will analyze the impact of forex volatility on the economy, respond appropriately.” Will continue to closely monitor forex movements.
Japan closely watching financial market developments: finance chief
TOKYO (Kyodo) -- The government is closely monitoring developments in financial markets after the yen rose sharply and stocks tumbled following the Bank of Japan's interest rate hike, Finance Minister ...
Tokyo tanks as Asian markets track Wall St down on recession fears
All three main indexes tumbled in New York, with the Nasdaq more than two percent off. And Asia fared just as poorly, with Tokyo the standout. The Nikkei 225 tanked more than 5 percent at one point ... ( read original story ...)
The Snoop Olympics: Paris proving a boon to NBC after interest waned in Tokyo and Beijing Games
Less than a week in, the Paris Olympics are turning out to be a good story for NBC. Ratings are significantly up after the Tokyo and Beijing Games, and the network has already set a record for ... ( read original story ...)
BMX ace Sakakibara in shape to banish Tokyo memories
Australia's BMX racing superstar Saya Sakakibara has made an emphatic statement at the start of her redemption Olympics as she raced to three clinical victories to power into the semi-finals as top ... ( read original story ...)
Tokyo: Stocks down 5% after US falls
TOKYO stocks fell more than five per cent on Friday after Wall Street shares tumbled over concerns about the US economy. The benchmark Nikkei 225 index was down 5.02 per cent, or 1,913.16 points, to ... ( read original story ...)
Bitcoin Keeps Weekly Loss as ‘Anti-Risk’ Yen Strengthens After BOJ Rate Hike
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.
Bitcoin Investors Are Watching Bank of Japan Moves Ahead of Fed Rate Decision
The Federal Reserve isn’t expected to lower interest rates Wednesday, but the Bank of Japan’s move could have consequences for crypto prices.
Gabby Thomas Was Thrilled With Bronze in Tokyo. Now Only Gold Will Do
Like all Olympic sprinters, American 200-m star Gabby Thomas ramped up her training in July, in the weeks prior to the Paris Games. She did reps on successive days, to mimic the three rounds she’ll have to run, ( read original story ...)
Bank of Japan Raises Rates, Driving Up Yen
The Bank of Japan raised key interest rates and decided to reduce government bond purchases, taking another step toward unwinding massive monetary stimulus.