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Category: FINANCE

Posted on 28/11/2024

Japan’s ex-top currency diplomat Kanda picked as next ADB chief

Former top Japanese currency diplomat Masato Kanda has been selected as the next president of the Asian Development Bank, the Manila-based international lender said Thursday. Kanda, 59, currently a ...

Posted on 28/11/2024

Chipmaker Kioxia files for IPO; sources say it’s targeting December

Bain Capital-backed Kioxia filed for an IPO on Friday and sources familiar with the matter said the Japanese chipmaker was targeting December for the offering. The IPO registration marks a fresh ...

Posted on 28/11/2024

Nikkei Slips 0.4%, Dragged by Electronics Stocks

Japanese stocks were lower, dragged by falls in electronics stocks, as concerns about U.S. trade policy continue.

Posted on 28/11/2024

Japan companies go for short-term commercial paper on BOJ hike concerns

Market expectations that the Bank of Japan may raise interest rates at its December policy meeting have led to concerns about rising rates for commercial paper, reducing demand for the longer-term ...

Posted on 28/11/2024

Nikkei May Fall on Concerns About U.S. Trade Policy

Japanese stocks may fall as concerns about U.S. trade policy continue.

Posted on 28/11/2024

DBS inks MOU with Japan partner to help Japanese SMEs expand into Singapore, key Asian markets

JAPANESE small and medium-sized enterprises (SMEs) can now receive financing support to expand into key Asian markets including Singapore, under a new partnership by DBS and Japan Finance Corporation ...

Posted on 28/11/2024

Yomiuri Newspaper to Introduce New Stock Index as Alternative to Nikkei and Topix

Japan’s largest newspaper by print circulation plans to introduce a new stock index next March that it sees as an alternative to the widely followed Nikkei 225 index and Japan Exchange Group’s Topix ...

Posted on 28/11/2024

Japan’s Remixpoint to invest $3.2M in Bitcoin amid growing adoption frenzy

Japanese firm RemixPoint plans a $3.2M Bitcoin investment to expand its crypto portfolio, citing US elections, inflation, and rising institutional demand.

Posted on 28/11/2024

Huge $15 Trillion Bitcoin Price Bet Helps Stem Sudden Crypto Sell-Off

Novogratz predicted the bitcoin price could drop back to around $80,000 per bitcoin but said he didn't expect it to fall under this level— where it was trading ahead of Trump's presidential election ...

Posted on 27/11/2024

This Crypto ETF Could Soar 100% Next Year, According to Wall Street Investment Firm Bernstein

Based on analysis from Wall Street investment firm Bernstein, the iShares Bitcoin Trust could soar another 100% in 2025. The iShares Bitcoin Trust, unlike traditional ETFs, only invests in a single ...

Posted on 27/11/2024

Japan’s 5 major banks mull financing Seven & i management buyout

The move comes as the founding family is trying to raise funds for one of the biggest management buyout deals in Japan, estimated to be around 9 trillion yen ($59 billion), amid Alimentation ...

Posted on 27/11/2024

Bitcoin Bulls Lose Steam, Aussie-Yen Dips, Hinting at Broad-Based Risk Aversion Ahead

Bitcoin's (BTC) bullish momentum has hit a snag this week for several reasons, including a weaker stateside demand. Now, the Australian dollar-Japanese yen exchange rate or the AUD/JPY pair, the ...

Posted on 27/11/2024

Japan’s Financial Intelligence Unit Says Crypto Poses Significant Money Laundering Risk – Report

As mentioned in the report from Chainalysis, this encouraging sign points to the continued “adoption of crypto globally.” According to the report from Chainalysis, these global trends are reflected in ...

Posted on 27/11/2024

Japan’s Nikkei ends lower on Trump’s tariff pledge, stronger yen

Japan's Nikkei share average ended lower on Wednesday, with automakers leading the losses, amid concerns about the impact of U.S. President-elect Donald Trump's tariff pledges and a stronger yen.

Posted on 27/11/2024

Asian stocks slide amid Trump tariff worries, yen gains

TOKYO (Reuters) -Asian stocks fell on Wednesday and currencies were volatile as investors fretted over whether other countries could be targeted for tariffs under incoming U.S. President Donald Trump, ...

Posted on 27/11/2024

Asian stocks weak amid Trump tariff worries; yen firm

Asian stocks were heavy on Wednesday as investors fretted over what countries could be targeted for tariffs under incoming U.S. President Donald Trump, a day after he pledged new levies on Canada, ...

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