Bank of Japan Gov. Kazuo Ueda said he sees signs that the country’s inflation rate is heading toward target but isn’t yet confident enough to change monetary policy.
Bank of Japan chief defends monetary easing as yen keeps weakening
The chief of the Bank of Japan on Wednesday defended its policy of continuing with monetary easing as the yen briefly fell to a seven-and-a-half month low against the U.S. dollar in New York the same ...
Finance ministers of Japan and South Korea agree to resume currency swap agreement as ties warm
Japan and South Korea have agreed to revive a currency swap agreement for times of crisis. The move is the latest sign of warming ties as the countries work to smooth over historical antagonisms.
Foreigners turned sellers of Japan shares after 12 straight weeks of purchases
Foreign investors turned net sellers of Japanese equities after 12 straight weeks of purchases that helped propel shares to three-decade highs, official data showed on Thursday.
Japan, S. Korea finance talks to seek deeper ties, swap arrangement
Japan and South Korea on Thursday will discuss ways to deepen bilateral economic and financial cooperation at their first finance dialogue in seven years, with the revival of a currency swap agreement ...
Japan, S.Korea to discuss FX swap deal in first finance talks since 2016
Japan and South Korea will hold their first bilateral finance dialogue in seven years on Thursday, with both looking to mend strained ties as they face common geostrategic risks from an increasingly ...
Asia markets set to rise as Fed hints of more rate hikes ahead
Asia-Pacific shares are set to rise as investors continue to digest comments from Federal Reserve Chair Jerome Powell on more restrictive policies ahead.
Crypto losses halved in Q2 2023 to $204M
Without a major, industrywide push to emphasize protective measures and shake out bad actors, this problem won’t be fixed.
SBF loses bid to toss criminal charges, and Mastercard introduces token network: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...
Cava prices IPO at $22 per share, above stated range
Mediterranean fast-casual restaurant chain Cava priced its initial public offering at $22 per share. At that pricing level, the company is valued at roughly $2.45 billion. Cava opened its first ...
Why do Japan’s bank CEOs get paid a fraction of global rivals’ income despite record profits?
Mitsubishi CEO’s total compensation was US$1.8 million for the year ending in March, compared to JPMorgan Chase’s chief who was paid US$34.5 million last year.
Crypto in the land of geisha — the global Web3 community arrives in Kyoto
Geisha, kimono, tea ceremony — the Japanese city of Kyoto is a place rich in traditional culture. But as the national government pivots toward the cutting edge potential of digital assets and Web3, ...
Japan stocks higher at close of trade; Nikkei 225 up 2.02%
Japan stocks were higher after the close on Wednesday, as gains in the Chemical, Petroleum & Plastic, Transport and Mining sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 2.02% ...
Japan’s Nikkei jumps 2% on tech boost after 4 days of losses
TOKYO, June 28 (Reuters) - Japan's Nikkei share average surged 2% on Wednesday after four sessions of losses, as technology sector stocks surged tracking overnight gains in U.S. peers. The Nikkei ...
Japan bank CEOs are paid a fraction of what global rivals make
The chief executive officers of Japan’s deal-hungry megabanks are earning a fraction of their global peers, showing how the nation still frowns upon outsized pay packages even with profits forecast ...
Soaring Japan tech puts Nikkei on track to snap 4-day losing streak
TOKYO, June 28 (Reuters) - Japan's Nikkei share average rebounded strongly on Wednesday, putting it on course to snap a four-day losing streak as tech shared surged, tracking overnight gains in U.S.