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Category: FINANCE

Posted on 12/04/2024

Japan finance minister: Govt. will act on excessive yen weakness

Japan's Finance Minister Suzuki Shunichi has issued another veiled warning to the currency markets. He has reiterated that the government will not rule out any action to deal with what it calls ...

Posted on 12/04/2024

ET Exclusive: Japan’s MUFG set to pick 20% stake in HDFC Bank arm HDB Financial for $2 bn

Bank of Tokyo-Mitsubishi UFJ (MUFG) is set to buy a 20% stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank, at a valuation of $9-10 billion. The decision is expected to take place ...

Posted on 12/04/2024

Japan’s industrial output falls more than initially anticipated to 0.6% in February

Industrial production in Japan declined by 0.6% month-over-month in February 2024, compared with flash data of a 0.1% drop, following a 6.7% plunge a month earlier which was the steepest decrease ...

Posted on 12/04/2024

Japan’s Nikkei rises as tech shares track US peers, Fast Retailing weighs

Japan's Nikkei share average rose on Friday as technology stocks tracked the strength in their U.S. peers overnight, although a decline in Uniqlo-parent Fast Retailing limited the gains. The Nikkei ...

Posted on 12/04/2024

Tokyo stocks rise in morning on firm tech issues, weak yen

Tokyo stocks rose Friday morning, as technology issues tracked overnight gains by their U.S. counterparts and some export-oriented issues were lifted by the yen's weakness against the U.S. dollar. The ...

Posted on 12/04/2024

Bitcoin price can hit $1 million with surprise use case, says crypto VC

Yat Siu, the founder of a $5.9 billion venture capital firm, outlined a novel path toward a nine-figure bitcoin price.

Posted on 12/04/2024

Japanese language interpreter charged with bank fraud targeting MLB star Shohei Ohtani

The U.S. Justice Department said on Thursday it charged a Japanese language interpreter with bank fraud after allegations he had illegally transferred more than $16 Million from Major League Baseball ...

Posted on 12/04/2024

Weak yen may actually deter Bank of Japan from hiking rates soon

The yen's fresh slide to a 34-year low complicates the Bank of Japan's deliberations on the timing of a next interest rate hike, as a resulting rise in import costs pushes up inflation but also hurts ...

Posted on 11/04/2024

They’re ‘Desperate’—Leak Reveals A Huge China ETF Game-Changer Could Be About To Hit The Bitcoin Price And Crypto Market

A leak has revealed China could be poised to permit people to buy into bitcoin spot exchange-traded funds (ETFs) in Hong ...

Posted on 11/04/2024

Buying crypto for your kids? Here’s how to ensure they get it when when you pass on

Crypto beneficiaries, exactly like those receiving traditional money or real estate, must be stated in your will, and if you wish to nominate a guardian to access any private keys, but not inherit the ...

Posted on 11/04/2024

Africans Don’t Need U.S. Crypto ETFs As Much As They Need African-Specific Regulation

U.S. EFTs do not need to be the proof point for digital currency investment in Africa. Instead Africans can be served by African companies abiding by African Regulations.

Posted on 11/04/2024

Investors Rally Behind BEFE Coin: April’s Trending Crypto Phenomenon

The attraction of meme coins continues to captivate the crypto community, with investors eyeing the next big opportunity. Shiba Inu (SHIB) and Dogecoin(DOGE) have turned many early crypto investors ...

Posted on 11/04/2024

Exclusive: Adidas quietly steps into crypto gaming partnership

Between the lines: Adidas' partnership with Crypto: The Game comes with little fanfare, but a spokesperson at the company confirmed its participation with Axios, saying little else.

Posted on 11/04/2024

Thailand Authorities Target Crypto Peer-to-Peer (P2P) Trading Regulations to Combat Online Fraud

Thailand agencies want more scrutiny of P2P trades to tackle the rampant cases of online fraud and related scams in the country.

Posted on 11/04/2024

Crypto trading concentration a ‘considerable concern’, EU watchdog says

The high concentration in crypto trading on a handful of exchanges, with Binance alone accounting for about half the market, raises concerns about the impact of a failure on the sector, the EU's ...

Posted on 11/04/2024

Tokyo and Washington may be in sync, but the dollar-yen currency gap is growing

The yen fell as low as ¥153.24 to the dollar after a key U.S. price gauge showed inflation in March was faster than expected.

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