Japanese Finance Minister Shunichi Suzuki on Friday, when asked about the yen's recent weakening, said sharp currency movements are undesirable.
Investors want crypto, but not without TradFi backing: Nomura survey
Nomura’s crypto venture division has surveyed institutional investors with an overwhelmingly positive reaction to the crypto asset class.
US clampdown has crypto kings looking abroad
After years on the sidelines, financial regulators in the United States are throwing the book at the free-wheeling cryptocurrency industry, with angry entrepreneurs threatening to take their business ...
BlackRock files for bitcoin ETF in push into crypto
BlackRock, the world's biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, as the asset class comes ...
Bank of Japan leaves rates unchanged, holding them at ultra low levels
The Bank of Japan's short-term interest rate target has been held at -0.1% since it first adopted negative rates in 2016.
Japan’s finance minister says sharp forex moves are undesirable
Japanese Finance Minister Shunichi Suzuki on Friday, when asked about the yen's recent weakening, said sharp currency movements are undesirable."Currency levels should be set by markets, reflecting ...
Japan parliament enacts law to create defense funds pool
Japan's parliament on Friday enacted a law to create a pool of funds to cover part of a substantial increase in defense spending to p ...
Japan’s Finance Minister Shun’ichi Suzuki excessive moves in fx are ‘undesirable’
Japan's Finance Minister Shun'ichi Suzuki has stated in trade today that excessive moves in fx are ‘undesirable’ and that fx should move stably reflecting fundamentals. Separately, he stated that he ...
Japan’s Nikkei advances as chip shares gain
TOKYO, June 15 (Reuters) - Japan's Nikkei share average traded higher on Thursday led by gains in heavyweight chip related stocks, with investor sentiment staying broadly positive on strong appetite from foreign investors. The Nikkei index gained 0.34% to ...
Japan stocks lower at close of trade; Nikkei 225 down 0.05%
Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Pharmaceutical Industry, Power and Marine Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.05%. The best performers of the session ...
Asia markets headed for mixed open ahead of Bank of Japan rate decision
Overnight in the U.S., the S&P 500 and Nasdaq Composite reached their highest intraday levels since April 2022, with the S&P ending up 1.22% up and the Nasdaq gaining 1.15%. The Dow Jones Industrial ...
Takeda and HUTCHMED Announce Publication of Phase 3 FRESCO-2 Results in The Lancet
OSAKA, Japan & CAMBRIDGE, Mass. & HONG KONG & SHANGHAI & FLORHAM PARK, N.J., June 16, 2023--Takeda (TSE:4502/NYSE:TAK) and HUTCHMED (China) Limited (Nasdaq/AIM:HCM, HKEX:13) (HUTCHMED) today announced ...
It’s a bird, it’s a plane, no, it’s a crypto whale
I took a look at what some major crypto whales’ wallets were doing, where they parked their funds and how their activity signals movement in the broader market. The wallets are worth almost half a ...
BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian
The firm filed an application with the Securities and Exchange Commission to launch the iShares Bitcoin Trust.
Morning Bid: After the hawks, here comes the Bank of Japan dove
The BOJ remains the outlier among major central banks, promising to maintain its loose policy until it is sure inflation meets the 2% target. Polls, sources and market moves all suggest no move on ...
Glitch on local tax portal site in Japan causes $211K in erroneous payments
A system glitch on Japan's local tax portal site in May this year apparently caused 636 erroneous multiple payments topping 29.8 million yen ...