The BOJ is expected to hold its benchmark policy rate at 0%-0.1%, but investors will look if the bank addresses the weakening yen.
Swiatek, Gauff through in Madrid Open as Osaka falls
World No 1 Iga Swiatek beat Wang Xiyu 6-1, 6-4 to reach the third round of the Madrid Open on Thursday as she bids to win the competition for the first time. and she's off 💨@iga_swiatek is into the next round after defeating Wang Xiyu 6-1, 6-4. ( read original story ...)
Tokyo Inflation Slows Sharply on Education Subsidy Impact
Price growth in Tokyo decelerated sharply to a pace below 2% in April, in an outcome largely distorted by the start of education subsidies, as the Bank of Japan gathers to decide policy. ( read original story ...)
Little Tokyo seniors unite for exercise and friendship
Senior citizens in Little Tokyo are gathering each week for exercise and fun times at Terasaki Budokan, a multi-purpose sports and activities center. ( read original story ...)
Japan is concerned about weak yen’s negative effects, Finance Minister says
Japanese Finance Minister Shunichi Suzuki said on Friday he is concerned about negative effects of the weak yen as the currency has continued to slide this year. The dollar hovered around 155.58 yen ... ( read original story ...)
Inflation in Japan’s capital slows more than expected, slides below BOJ goal
Core inflation in Japan's capital slowed much more than expected in April and fell below the central bank's 2% target, data showed on Friday, complicating its decision on how soon to raise interest ... ( read original story ...)
Property market recovery on the horizon
When it comes to Chinese real estate, John Lam is a lone wolf. The UBS analyst shocked markets three years ago with a rare “sell” rating on China Evergrande Group, 11 months before it defaulted and ... ( read original story ...)
Morning Bid: Bank of Japan Center Stage, US Tech Supports
Asia's market spotlight on Friday falls on the Bank of Japan's policy announcement, as the cat-and-mouse game of when or if Tokyo intervenes in the currency market continues, and investors digest the ...
Japan’s Big Bet on Interest Rates May Not Pay Off
William Sposato is a Tokyo-based journalist who has been a contributor to Foreign Policy since 2015. He has been following Japan’s politics and economics for more than 20 years, working at Reuters and ... ( read original story ...)
Forever Young looks to give Japan first Kentucky Derby win. Why he could be colt to do it
Forever Young, the unbeaten colt looking to give Japan its first Kentucky Derby win, is "very unique." Is he the country's best shot at a Derby win? ( read original story ...)
Japan’s Renesas learns to weather downturns in semiconductors
TOKYO -- Once highly susceptible to volatility in the semiconductor market, Japan's Renesas Electronics has succeeded in building a more resilient business that remains profitable even in the face of ... ( read original story ...)
Bitcoin Surges Globally, Yen Hits Record Low Against Cryptocurrency
In a stunning financial shift, the Japanese yen has reached a 34-year low against Bitcoin, which also hit all-time highs in 14 countries, fueled by optimism surrounding new spot Bitcoin ETFs. Yen Hits ...
Japan’s Hayashi: Won’t comment on forex levels or forex intervention
Won't comment on forex levels or forex intervention. Important for currencies to move in stable manner reflecting fundamentals. Rapid FX moves undesirable. Closely watching FX moves. Will be ready to ...
After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin
The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon ...
Crypto Isn’t Just “Becoming Institutionalized” – It’s Offering New Blueprints for Traditional Finance
The institutionalization of crypto is undoubtedly the headline story of this bull market. This isn’t just a one-way street - we’re seeing signs that features and functionality of the digital asset ...
SEC sued over Ethereum, crypto firm asks court to state token is not a security
The lawsuit was filed by MetaMask maker Consensys, which is seeking an injunction to block the SEC from investigating Ethereum.