Overnight in the U.S., the S&P 500 and Nasdaq Composite reached their highest intraday levels since April 2022, with the S&P ending up 1.22% up and the Nasdaq gaining 1.15%. The Dow Jones Industrial ...
Asia, Middle East gamblers to cash in on wave of legalisation in Thailand, Japan, UAE, pressuring Macau
The establishment of new gaming centres would pose a major challenge for Macau, the world’s largest gambling hub which has gaming revenue six times that of the Las Vegas Strip.
Japan increases support for domestic EV battery output
Japan raised support for the production of storage batteries to up to $2.2 billion, the government said, pledging nearly $1 billion in new subsidies for Toyota and other manufacturers as part of a push towards greater economic supply chain security. ( read original story ...)
US, Japan, Philippines agree to strengthen security ties amid tensions over China, North Korea
The national security advisers of the United States, Japan and the Philippines have held their first joint talks and agreed to strengthen their defense cooperation ( read original story ...)
Japan passes watered-down LGBT understanding bill
Japan on Friday passed a much-contested bill to promote understanding of the LGBT community amid criticism that the legislation provides no human rights guarantees and may tacitly encourage some forms of discrimination. ( read original story ...)
Where Is Jack Ma? Alibaba Founder ‘Alive,’ Now Teaching In Tokyo Amid China’s Crackdown
Chinese e-commerce giant Alibaba claims its founder Jack Ma is still alive and now teaching at a university in Japan, following years of his public absence. ( read original story ...)
How to buy Bitcoin, stocks, indices and commodities in 1 trusted place?
The first step to buying Bitcoin, global stocks, commodities, indices, and more on eToro is to create an account. The process is straightforward and can be completed in a matter of minutes. To get ...
FTSE 100 Live: Tesco sales up 8.8% as Travis Perkins warns on profit
Tesco’s latest sales update and a profit warning by Travis Perkins are among key developments in the City today.The FTSE 100 index is higher after US markets maintained their strong run last night on ...
Two Thai firms to light up SE Asia’s IPO market with listings worth US$2.5 billion: sources
TWO Thai companies aim to raise as much as US$2.5 billion combined from initial public offerings (IPO) on the Bangkok stock exchange, said two people with direct knowledge of the planned listings, ...
China is losing out to India and Japan as strained ties with US hurt deals, exit prospects for private equity funds, EY says
Private equity deal value in Greater China slumped 53 per cent in 2022, shrinking its share in Asia-Pacific to a nine-year low while India's cake expanded Funds are excited about values in Japan, ...
Bank of Japan’s Easy Money Pushes Yen Down
The currency Kazuo Ueda oversees has fallen considerably in the two months since he became Bank of Japan governor, but he isn’t hurrying to raise interest rates to prop it up. The yen fell as low as ...
Yen falls after BOJ stands pat; hawkish ECB and soft US data dent dollar
The yen lost ground after the Bank of Japan on Friday maintained ultra-low interest rates and its forecast that inflation will slow later this year - a dovish stance that runs counter to hawkish ...
Examining The Crypto Road Ahead: Will ECON Kill MiCA In Europe?
In a remarkable twist of events, the European Parliament Committee on Economic and Monetary Affairs (ECON) has proposed alterations to the fundamental principles of the recently unveiled MiCA regulations,
Stock market today: Asian shares track Wall Street rally, Tokyo’s benchmark at 33-year high
Tokyo’s Nikkei 225 index closed at a 33-year high, advancing 0.7% to 33,706.08 after the Bank of Japan wrapped up a policy meeting by keeping its ultra-lax monetary stance unchanged, as expected. It ...
UPDATE 1-Japan’s finance minister says sharp forex moves are undesirable
Japanese Finance Minister Shunichi Suzuki on Friday, when asked about the yen's recent weakening, said sharp currency movements are undesirable.
Sapporo education board sacks teacher for leaking student info to media
The Sapporo Municipal Board of Education has dismissed a teacher at a public junior high school for leaking personal information on student ... ( read original story ...)