So far this year, foreign investors have bought ¥3.8trn ($27bn) more in Japanese stocks than they have sold, the most since 2013. Beneficiaries include Japan’s cheaply priced value stocks, such as the five sogo shosha (general trading companies) that Mr Buffet has bought stakes in.
5 things to know for June 7: Pence, Hazardous air, Virginia shooting, Ukraine, Crypto
Many Americans are living paycheck to paycheck with little to no savings to cushion the blow of a job loss, medical emergency, or an unexpected event. If you ever find yourself in this type of ...
Japan stocks lower at close of trade; Nikkei 225 down 0.85%
Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Machinery and Marine Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.85%.
IPO Update: Solowin Seeks IPO Despite Declining Revenue
Solowin Holdings has filed proposed terms to raise $15 million in a U.S. IPO. The firm provides securities brokerage and related services to Chinese investors. SWIN has produced declining revenue ...
Japan’s Nikkei falls for second day as tech rally loses steam; Eisai jumps
TOKYO, June 8 (Reuters) - Japan's Nikkei share gauge edged lower on Thursday after a steep selloff in the previous session, as tech shares pared recent gains and energy-related stocks climbed on ...
Chinese Investors Flock to Japan ETFs as Local Market Slumps
China’s mom-and-pop investors are rushing to buy Japanese equity products as the stock market at home shows little sign of a revival.
Japan’s GDP revised sharply higher, grew 2.7% in the first quarter on robust spending
Economists surveyed by Reuters had expected to see growth of 1.9%. The Japanese yen strengthened by 0.14% to 139.98 against the U.S. dollar shortly after the release, while the Nikkei 225 rose 0.17% ...
South Korea plans to discuss bilateral FX swap with Japan, Finance Minister says
South Korea will discuss with Japan re-establishment of their bilateral foreign exchange swap line that expired in 2015, its finance minister said on Thursday. "Current economic issues, including ...
Japan upgrades Q1 GDP as business spending picks up
Japan's economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in domestic spending and company restocking helped offset the hit to ...
Crypto: 24-hour cooling-off period included in ad overhaul
Crypto companies must offer customers a 24-hour "cooling-off period" in sweeping changes to how the digital assets can be marketed in the UK. New investors will have to wait a full day before they can ...
Crypto crackdown: UK follows US lead with new rules and regulations
As part of a package of measures designed to ensure those who buy crypto understand the risk, ‘refer a friend’ bonuses will also be banned.
First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst
Bitcoin retreats below $26.5K amid wider crypto decline as Binance, Coinbase-related fears linger. Insights: The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin ...
Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019
Years before he began taking on Binance as head of the SEC, Gary Gensler offered to advise the company, according to the crypto exchange's lawyers.
Japan Overall Bank Lending Rises 3.4% On Year In May
Overall bank lending in Japan was up 3.4 percent on year in May, the Bank of Japan said on Thursday - coming in at 602.335 trillion ...
Japan upgrades Q1 GDP on solid capex
March, revised data showed on Thursday, as a post-pandemic pickup in corporate and consumer spending helped offset the hit to exports from slowing global demand. With inflation running at a ...
Japan’s current account in black for third straight month
Japan posted a current account surplus for the third month in April as the trade deficit narrowed and income gains from overseas investment grew, government data showed, easing worries about declines ...