Japan intervened in the currency market on Thursday to buy yen for the first time since 1998, in attempt to shore up the hard-hit currency after the Bank of Japan stuck with ultra-low rates.
Japan government intervenes to bolster cratering yen
Japan's finance ministry said Thursday it intervened in the currency market to bolster the yen, which has plummeted against the dollar in recent months on the widening policy gap between the US and ...
Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates
Japan intervened in the currency market on Thursday to shore up the battered yen for the first time since 1998.
Japan holds tight to ultra-low rates, defying global tightening race
The Bank of Japan kept ultra-low interest rates on Thursday and vowed to hold them there to support economic growth as it bucked a global tide of monetary tightening by central banks fighting to rein ... ( read original story ...)
Yen rallies after Japan intervenes for first time in 24 years
The dollar dropped sharply against the Japanese yen on Thursday, in the first intervention since 1998, after the Bank of Japan bucked the trend of ... ( read original story ...)
Japan Intervenes in Currency Market to Support Yen
Japan said it intervened in currency markets to sell dollars and buy yen, the first such intervention in 24 years, in a bid to stem the recent sharp fall of the currency. ( read original story ...)
Japan intervened in forex market to stem weak yen – top currency diplomat Kanda
The Japanese government has intervened in the foreign exchange market to sell dollars for yen to stem the Japanese currency's recent sharp falls, top currency diplomat Masato Kanda said on Thursday. ( read original story ...)
Videos have circulated in reports about Japan typhoon destruction since 2018, not filmed in 2022
Three videos have been shared repeatedly in Korean-language social media posts and news reports alongside claims they show Typhoon Nanmadol slamming into Japan in September 2022, leaving at least two ... ( read original story ...)
How Binocs Promises To Help Keep Crypto Investors Out Of Trouble
Binocs believes its technology provides a solution to this issue. Investors plug their crypto accounts into Binocs’ app and it pulls in a read-only view of the underlying data i ...
Don’t believe the ‘maximalists’: bitcoin can’t be separated from crypto
It usually starts with something designed to appease — some kind of agreement that crypto is immoral, a scam, or some version of a Ponzi scheme. But then it quickly changes course, to explain that ...
Crypto tax reporting app Binocs helps users navigate regulations
Keeping up with tax compliance for cryptocurrency can be tricky, especially since many laws are new (or haven’t been written yet). That’s why Binocs was founded. Users integrate their exchanges and ...
SoftBank looks to form a ‘strategic alliance’ between Arm and Samsung
SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential "strategic alliance" between the South Korean tech giant and chip ...
Salik Company PJSC successfully completes bookbuild for IPO raising over $1bn
Overwhelming demand with IPO oversubscribed more than 49x across all tranches highlighting strong confidence in Salik’s story; Offering attracted tremendous interest amongst the ...
Japanese stocks sink to two-month low after Fed, BOJ decisions
Japanese shares on Thursday closed at their lowest in more than two months, as investors reacted to the U.S. Federal Reserve's hawkish projections and the Bank of Japan's decision to maintain its ...
Osaka pulls out in Tokyo with abdominal pain
Naomi Osaka's title defence at her home Pan Pacific Open ended on Thursday when the former world number one withdrew ahead of her second-round match against Beatriz Haddad Maia due to abdominal pain. ( read original story ...)
Honda to cut car output by up to 40% at Japan plants on supply snags
Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for early next month because of ongoing supply chain and logistical problems. ( read original story ...)