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Category: FINANCE

Posted on 30/04/2024

Ripple Collaborates HashKey DX To Facilitate XRPL Solutions In Japan

Ripple Labs today announced that it is merging forces with Haskey DX to streamline XRPL-powered solutions within the Japanese market. XRP price jumps.

Posted on 30/04/2024

Bank of Japan Upbeat on Consumption, Service Price Outlook

TOKYO (Reuters) - Japanese service prices are rising and bumper pay hikes offered by firms will boost household income later this year, the Bank of Japan said, underscoring its conviction the economy ...

Posted on 30/04/2024

JGB yields drop in sympathy with US peers amid dovish BOJ

Japanese government bond yields dropped sharply on Tuesday, catching up with a slide in U.S. Treasury yields as Japanese markets reopened following a national holiday. The 10-year JGB yield declined 5 ...

Posted on 30/04/2024

BOJ Data May Help Show Whether Japan Intervened in Forex Market

The Bank of Japan is set to release data tonight that may help solve the mystery of whether authorities intervened in the currency market on Monday after the yen plunged beyond 160 per dollar.

Posted on 30/04/2024

Japan Govt to Respond Firmly to Excessive FX Movements, Top Currency Official Says

Japan’s top currency official said it was the government’s job to respond firmly to excessive movements in the currency market driven by speculators because these movements exerted a negative effect ...

Posted on 30/04/2024

DOJ wants to send ‘strong message’ with sentencing for Binance founder

A sentencing recommendation for Binance crypto exchange founder Changpeng “CZ” Zhao following financial crimes includes years in prison.

Posted on 30/04/2024

Sign of intervention? Japan’s yen jumps against dollar

The yen jumped against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities as a trigger for the bounce in a currency languishing at levels last seen over three decades ago.

Posted on 30/04/2024

New bill would grant regulatory power over crypto mining to three North Carolina counties

A new bill in the North Carolina legislature would allow Henderson, Polk, and Rutherford Counties to prohibit or regulate crypto mining. Republican Sen. Tim Moffit, who represents the three counties,

Posted on 30/04/2024

Yen Traders See Uphill Battle for Japan to Halt Currency’s Slide

Currency traders warned Japan’s government that it will need to repeatedly act to buoy the beleaguered yen given economic forces likely merit further depreciation.

Posted on 30/04/2024

Japan’s Debt Dilemma May Doom Any FX Intervention, Brooks Says

To Robin Brooks, the former chief currency strategist at Goldman Sachs Group Inc., Japan’s massive government debt — for now at least — is likely to doom any efforts to prop up the yen.

Posted on 30/04/2024

Crypto Investment Products Saw Outflows for a Third Consecutive Week

Interest in digital assets continues to wane, with crypto investment products seeing outflows for a third consecutive week.

Posted on 30/04/2024

Bank of Japan Intervention: What to Know as Yen Crisis Starts to Force Panic

A weakening yen has finally triggered Bank of Japan intervention. Here is what could happen next -- be warned. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of ...

Posted on 30/04/2024

Japan’s currency falls to its weakest since 1990 against the dollar as the yen keeps yelping

The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. dollar. The yen has been so weak ...

Posted on 30/04/2024

Ono Pharmaceutical acquires cancer-focused biopharma Deciphera for $2.4bn

Ono will gain access to Deciphera’s kinase inhibitor pipeline, which includes the CSF-1 inhibitor vimseltinib and ULK inhibitor DCC-3116.

Posted on 30/04/2024

Japan will struggle to rescue its plummeting currency

In early trading, as Asian markets opened on April 29th, the currency plummeted to a 34-year low of 160 to the dollar, adding to its hefty fall against the greenback over the past three years (see ...

Posted on 30/04/2024

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Eminem is narrating a new Crypto.com commercial. Are celebrity ambassadors prepared to put 2022 behind them?

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