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Category: FINANCE

Posted on 03/07/2023

Bitcoin Rises as Crypto Traders Brush Off BlackRock ETF Fears

Cryptos dropped last Friday following a report that the SEC called high-profile applications for Bitcoin ETFs inadequate. Traders now don't seem phased.

Posted on 03/07/2023

World stocks firm, Nikkei closes at 33-year peak

World stocks rose to a two-week peak on Monday, with Japan's Nikkei closing at its highest level in 33 years, drawing support from signs that cooling inflation might temper central banks' appetite to ...

Posted on 03/07/2023

Japan’s Nikkei ends at 33-year high as BOJ’s tankan survey signals recovery

Japan's Nikkei share average closed at its highest level in 33 years on Monday, led by machinery makers, as a quarterly survey by the central bank signalled a recovery in corporate activities. The ...

Posted on 03/07/2023

Japan stocks higher at close of trade; Nikkei 225 up 1.70%

Investing.com – Japan stocks were higher after the close on Monday, as gains in the Shipbuilding, Textile and Retail sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 1.70% to hit ...

Posted on 03/07/2023

Japan’s top lenders in fresh drive to win US investment banking deals

Japan's top lenders aim to carve out a larger presence in U.S investment banking as they look to make better use of their massive balance sheets by winning a bigger slice of deals, executives say.

Posted on 03/07/2023

Panasonic needs four more EV battery plants to meet capacity target, executive says

The battery arm of Japan's Panasonic will need to build around four more factories to meet a plan to sharply boost annual capacity of batteries for electric vehicles by 2031, its head of technology ...

Posted on 03/07/2023

UPDATE 1-Panasonic needs four more EV battery plants, executive says

The battery arm of Japan's Panasonic will need to build four more factories to reach its target for a sharp boost in annual capacity of batteries for electric vehicles by 2031, its technology chief ...

Posted on 03/07/2023

Japan’s Tax Income Hits Record, Surplus Will Help Fund Defence Plan

Japan's government raked in record tax income last fiscal year, the finance ministry said on Monday, which could help Prime Minister Fumio Kishida's ruling party forego the politically unpopular tax ...

Posted on 03/07/2023

First Mover Asia: Bitcoin Maintains $30K as Prospective Issuers Refile ETF Applications

PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can’t help but feel that something is amiss.

Posted on 03/07/2023

Japan’s Nikkei rises as BOJ’s tankan survey signals recovery

Japan's Nikkei share average jumped on Monday, tracking Wall Street's strong finish on Friday, with sentiment buoyed by a Bank of Japan (BOJ) survey which signalled the domestic economy is on track ...

Posted on 03/07/2023

Improving Japan business mood signals steady economic recovery

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japanese business sentiment improved in the second quarter as raw material costs peaked and removal of pandemic curbs lifted consumption, a ...

Posted on 03/07/2023

Nikkei leads Asia higher, China struggles to keep up

Asian shares edged higher on Monday as demand for tech stocks buoyed Japan's market, while a data-packed week promises to be pivotal in the outlook for the Chinese economy and U.S. interest rates. "As ...

Posted on 03/07/2023

Nikkei May Rise on Slowing U.S. Inflation; Tankan in Focus

Japanese stocks may rise on slowing U.S. consumer inflation and as fears ease about the Fed’s aggressive tightening.

Posted on 03/07/2023

Japan business sentiment improves in second quarter, Bank of Japan survey shows

Japanese business sentiment improved in the second quarter as easing supply constraints and the removal of pandemic curbs lifted factory output and consumption, a central bank survey showed, a sign ...

Posted on 03/07/2023

Japan factory activity slips back into contraction in June on soft orders

Japan's factory activity contracted in June after expanding for the first time in 7 months in May, a private survey showed on Monday, dragged down by weak orders for cyclical goods amid a global ...

Posted on 03/07/2023

Japan big manufacturers sentiment improves for first time in 7 qtrs – BOJ tankan

TOKYO, July 3 (Reuters) - Japan's big manufacturers' business sentiment improved to plus 5 in the June quarter, rising from 1 seen in the previous quarter and marking the first increase in seven ...

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