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Category: FINANCE

Posted on 16/08/2024

Divergence on BOJ Policy Emerges Among PM Candidates in Japan

As Japan’s race for a new premier heats up, candidates will be scrutinized for their views on monetary policy, with the shake-up coming at a pivotal moment when the economy is just emerging from ...

Posted on 16/08/2024

Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge

Bitcoin bull signal flashes for the first time since November 2023 as analysts are eying a potential two-fold Bitcoin rally.

Posted on 16/08/2024

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

The blame this time can't be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.

Posted on 16/08/2024

Nikkei rises over 3% as Japan stocks lead gains in Asia markets ahead of U.S. inflation data

Asia-Pacific markets were mixed, after a choppy session overnight in the U.S. as investors awaited key inflation data.

Posted on 16/08/2024

Crypto Hacks Double to $1.6 Billion as Prices Jump, Report Shows

The value of crypto hacks almost doubled to $1.6 billion in the first seven months of 2024, inflated by a jump in digital-asset prices, according to Chainalysis Inc.

Posted on 16/08/2024

It’s ‘Over’—Leak Sparks Serious U.S. Crypto Crackdown Fears As The Bitcoin Price Bounces Back

The bitcoin price has topped $61,000 this week, bouncing back from last week's huge price crash that sent bitcoin under $50,000, as one legendary trader predicts the bitcoin price could soon soar to $1 million.

Posted on 15/08/2024

Key Highlights from Crypto For Harris: Lawmakers Eye AI-Inspired Crypto Rules

Chuck Schumer emphasized the urgency of implementing crypto regulations during a "Crypto for Harris" town hall meeting.

Posted on 15/08/2024

Lineage raises $4.4 billion in year’s largest IPO to date

Lineage Inc. priced its initial public offering at $78 a share late Wednesday, raising $4.4 billion in the largest IPO so far this year. The price was on the higher end of the company’s ...

Posted on 15/08/2024

Effissimo Buys The Dip Amid Japan Market Turmoil, Filings Show

Effissimo Capital Management Pte took advantage of last week’s historic market meltdown in Japan to boost its stakes in a handful of stocks including UACJ Corp. and Sanken Electric Co.

Posted on 15/08/2024

Battle to replace Kishida as Japan PM kicks off

told reporters that she has a "mission" with her fellow lawmakers to pass on a strengthened and richer Japan to the next generation. Former Economic Security Minister Takayuki Kobayashi, a fourth-term ...

Posted on 15/08/2024

Japan Set for Highly Competitive PM Race as Kishida Bows Out

Japan’s next prime minister will face challenges from inflation, volatile financial markets, a worsening security environment and the transition to a new president in the US, Tokyo’s most important ...

Posted on 15/08/2024

Hang Seng Japan TOPIX 100 Index (0P0001T86C.HK)

As of August 14 at 4:00 AM GMT+8. Market Open. Funds like FSLBX, RPFGX and FIDSX are expected to gain as the Fed is likely to keep interest rates higher for a longer period owing to stubbornly high ...

Posted on 15/08/2024

Japan GDP

Q2 ...

Posted on 15/08/2024

Bank of Japan will take longer to hike rates given the yen’s rapid strengthening, BMI says

Following market turbulence, BOJ's Deputy Governor Uchida Shinichi released a statement affirming that the bank would not raise rates amid market instability.

Posted on 15/08/2024

Japan’s economy grew last quarter on healthy consumer spending and business investment

Japan’s economy grew at an annual rate of 3.1% last quarter, rebounding from the contraction in the previous quarter ...

Posted on 15/08/2024

Bitcoin (BTC) Crosses $61,000 Mark as Crypto Market Shows Positive Signs of Recovery

Bitcoin surpassed $61,000 on August 14, 2024, leading a modest crypto market recovery, while traders remain cautious due to upcoming economic data and lingering effects of the yen carry trade unwind.

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