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Posted on 05/09/2023

Japan bond yields stifled by BOJ’s heavy hand as investors hold out

The Japanese government bond market has frozen over, as investors hold out for higher yields while an overbearing Bank of Japan bond-buying programme drains supply. More than a month after the Bank of ...

Posted on 05/09/2023

Japan’s FY 2024 budget requests hit record 114.39 tril. yen

Budget requests by Japanese ministries and agencies for fiscal 2024 totaled a record 114.39 trillion yen ($779 billion), after higher ...

Posted on 05/09/2023

Japan’s budget requests for fiscal ’24 hit record ¥114.39T

Budget requests by Japanese ministries and agencies for fiscal 2024, which starts in April, total a record ¥114.39 trillion, after higher bond yields pushed up debt-servicing costs on top of increased ...

Posted on 05/09/2023

UPDATE 2-Japan’s ministries seek record $778 bln budget for FY2024/25

TOKYO, Sept 5 (Reuters) - Japan’s government ministries have requested a record 114.3 trillion yen ($778.40 billion) for next fiscal year’s budget, the finance ministry said on Tuesday, with rising ...

Posted on 05/09/2023

Stock market today: Asian shares fall back amid selling of China property shares

Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed. Hong Kong fell nearly 2% as Chinese property stocks ... ( read original story ...)

Posted on 05/09/2023

Cryptoverse: Venture capital still haunted by crypto chaos

Crypto investors remain haunted by the chaos that descended on the sector last year when the implosion of the FTX exchange and other major firms, including hedge fund Three Arrows Capital, sent ...

Posted on 05/09/2023

Kotani gets $2M pre-seed to help African workers send money home via crypto — without the internet

Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments startup ...

Posted on 05/09/2023

Crypto Casino Stake.com Allegedly Hit By $40M Security Breach — Here’s What Happened

Stake.com, an online casino and sportsbook founded in 2017 by Bijan Tehrani and Ed Craven, has recently become the target of an alleged security breach, purportedly resulting in a loss of around $40 ...

Posted on 05/09/2023

Japan Services PMI unchanged at 54.3 in August

The au Jibun Bank Japan Services PMI stood at 54.3 in August 2023, unchanged from a preliminary reading, and after a final 53.8 in July.It was the 12th consecutive month of growth ...

Posted on 05/09/2023

Japan’s Osaka prefecture to postpone casino project opening – Kyodo

Japan's Osaka prefecture will postpone the opening of a casino project to around autumn 2030 from autumn-winter of 2029, Kyodo news agency reported. ( read original story ...)

Posted on 05/09/2023

Tokyo stocks extend winning streak to 7th day, Topix at 33-year high

Tokyo stocks ended slightly higher Tuesday to extend the market's winning streak to seven days, with the Topix index rising to a fres ... ( read original story ...)

Posted on 05/09/2023

VOX POPULI: Latest ruling against Okinawa yet more proof of Tokyo’s coldness

In August 1996, then-Okinawa Governor Masahide Ota (1925-2017) read out a statement he had written at a Supreme Court session. ( read original story ...)

Posted on 05/09/2023

Japanese shares retreat from highs as traders lock in profits; JFE slides

TOKYO, Sept 5 (Reuters) - Japanese stocks retreated after reaching fresh highs on Tuesday, as the breaching of key levels spurred traders to lock in profits, while speculation about new share sales ...

Posted on 05/09/2023

Tokyo stocks fall in morning as gains locked in after 6-day rally

Tokyo stocks were slightly lower Tuesday morning as investors locked in gains after a six-day rally and amid a lack of fresh trading ... ( read original story ...)

Posted on 05/09/2023

Japan Aug service activity growth fastest in 3 months – PMI

Japan's service sector activity expanded at its quickest pace in three months in August, underpinned by robust consumer spending as inbound tourism regained momentum, a private-sector survey showed on ... ( read original story ...)

Posted on 05/09/2023

Demand for Japan’s Faltering Bonds to Be Tested in Key Auctions

The debt offerings come as investors watch how much the Bank of Japan is willing to let benchmark yields rise after tweaking its yield curve control program in late July. Traders are looking for signs ...

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