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Category: FINANCE

Posted on 12/05/2023

Nikkei ends at 1-1/2 year-high amid shareholder return boosts

Japan's Nikkei closed at a 1-1/2-year high on Friday, led by gains in chip-related heavyweights, as investors cheered announcements of domestic firms' shareholder returns at the peak of the earnings ...

Posted on 12/05/2023

Nikkei ends at 1.5-year high on solid earnings

The Nikkei stock index closed at the highest point since November 2021 on Friday, driven by solid earnings and optimistic forecasts from some major Japanese firms, although sentiment was hurt by ...

Posted on 12/05/2023

Japan Core CPI Likely Re-Accelerated in April Despite Energy Subsidies Reuters Poll

Japan's core consumer inflation likely re-accelerated in April, a Reuters poll of 19 economists showed, as a flurry of retail price hikes offset the effect of the government's energy subsidies.

Posted on 12/05/2023

G7 finance heads face tricky trade-off in debating steps to counter China

Finance leaders of the Group of Seven (G7) advanced economies will debate this week the idea of implementing targeted controls on investments to China, which analysts see as a double-edged sword that ...

Posted on 12/05/2023

Japan government’s crypto czar touts nation’s Web3 capabilities

Japan was an early believer in blockchain and cryptocurrencies until exchange hacks brought a crackdown. But that was then. Now the government has become a crypto cheerleader.

Posted on 12/05/2023

Nikkei hits 1-1/2 year-high amid shareholder return boosts

Japan's Nikkei share average hit its highest in 1-1/2 years on Friday, led by gains in chip-related heavyweights, as investors cheered announcements of domestic firms' shareholder returns at the peak ...

Posted on 12/05/2023

Asian Shares Tentative on Global Growth Concerns, Japan Surges

Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from U.S. and China magnified concerns of a global slowdown, although ...

Posted on 12/05/2023

G-7 finance chiefs to check bank risks, supply chains with partners

TOKYO (Kyodo) -- The finance chiefs of the Group of Seven nations on Friday will discuss ways to protect financial stability from bank runs caused by the widespread use of message apps and online ...

Posted on 12/05/2023

Bitcoin falls below $27,000 as U.S. regulatory crackdown pressure crypto’s biggest market makers

Crypto prices slid on Thursday as investors weighed Jane Street and Jump Crypto's pull back from U.S. trading.

Posted on 12/05/2023

Crypto Risks Still Loom Large One Year After TerraUSD, Luna Collapse

In this edition of the Bloomberg Crypto newsletter, Michael P. Regan reflects on the unlearned lessons from the Terra implosion, one year later: ...

Posted on 12/05/2023

Robinhood crypto revenue drops in Q1, and IRS claims billions from FTX bankruptcy: 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 ...

Posted on 12/05/2023

Japan pledges to mobilise US$1 billion to help nations around Ukraine accept refugees

NIIGATA: Japan will unveil a plan on Thursday (May 11) to mobilise US$1 billion to help countries surrounding Ukraine accept refugees from the war-torn country, Finance Minister Shunichi Suzuki said on Thursday.

Posted on 12/05/2023

Media: Japan to provide $1 billion to Ukrainian refugee aid

Japan's Finance Minister announced on May 11 that his country would provide $1 billion in financial aid to Ukraine's neighboring countries that have taken in refugees, CNN reported.

Posted on 12/05/2023

Biden Calls For End To Tax Loopholes That Benefit ‘Wealthy Crypto Investors’

President Joe Biden tweeted out an infographic that suggested that Congress should cut "Tax Loopholes That Help Wealthy Crypto Investors ($18 billion)" ...

Posted on 12/05/2023

BlockFi Crypto Customers Lose Fight Over Disputed Coin Transfers

BlockFi Inc. customers who tried to reclaim nearly $300 million in crypto after the company froze transfers last year don’t have a right to the digital assets, a judge ruled, handing potential losses ...

Posted on 12/05/2023

Elon Musk Triggers Surprise 5,000% Bitcoin Rival Crypto Price Surge

Tesla billionaire and Twitter owner Elon Musk has a long history of boosting the price of various cryptocurrencies—not least his "fav" bitcoin rival dogecoin that's been overshadowed ...

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