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Posted on 07/02/2023

Japan’s Nikkei rises on yen weakness; bank shares gain

Japan's Nikkei index edged up on Tuesday as sentiment was buoyed after the yen weakened, while banking shares led gains on expectations that the Bank of Japan (BOJ) may be on track to normalize its ...

Posted on 07/02/2023

Japan buys record 5.6 bil. yen in covert October intervention

Japan's Finance Ministry says the government and the central bank conducted a record single-day yen-buying against the dollar in October. The aim was to stop the sharpest drop in the value of the ...

Posted on 07/02/2023

A glance at the world’s deadliest earthquakes since 2000

June 22, 2022: In Afghanistan, more than 1,100 people die in magnitude 6.1 earthquake. Aug. 14, 2021: In Haiti, a magnitude 7.2 earthquake kills more than 2,200 people. Sept. 28, 2018: A magnitude 7.5 earthquake hits Indonesia, ( read original story ...)

Posted on 07/02/2023

Countries send rescue teams, aid to Turkey and Syria after devastating earthquake

About 100 Los Angeles County firefighters and structural engineers were en route to Turkey with trained dogs to help with rescue, part of a huge international response. ( read original story ...)

Posted on 07/02/2023

First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan’s SBI Building a Metamask Competitor for Yen-Denominated NFT Trading

Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments.

Posted on 07/02/2023

Japan confirms record interventions to support yen

Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48 billion) to support the yen currency, Ministry ...

Posted on 07/02/2023

Binance acquires majority stake in Korean crypto exchange GOPAX

Binance, the world largest cyrpto exchange, has acquired a majority stake in GOPAX, a South Korea-based crypto trading platform.

Posted on 07/02/2023

Here’s what you need to know if you want a job in crypto

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 unique stories from the ever-changing crypto industry.

Posted on 07/02/2023

Japan Government to Present BOJ Governor, Deputy Candidates Next Week – Sources

The government initially planned to present the nominees around Feb. 10, but the schedule has been delayed, the sources said on condition of anonymity due to the sensitivity of the matter. BOJ ...

Posted on 07/02/2023

Japan conducted “stealth” currency interventions twice in October

Japan carried out "stealth" foreign exchange interventions twice in October with a record 5.62 trillion yen ($42 billion) spent on one of the days to stem the yen's rapid fall against the U.S. dollar, ...

Posted on 07/02/2023

Japan Stepped Into Forex Market Twice in October to Prop Up Yen

Japan stepped into the foreign exchange market three times in total last year, according to a fuller picture of the government’s latest intervention strategy to counter the yen’s historic fall.

Posted on 07/02/2023

Japan Dec Real Wages Post First Rise in 9 Months on 26-Year-High Nominal Growth

Japan's real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years with robust winter bonuses. The market closely ... ( read original story ...)

Posted on 07/02/2023

Crypto exchange Binance will suspend U.S. dollar transfers

Binance will suspend U.S. dollar withdrawals and deposits for international customers beginning Feb. 8, the company said. Last month, Binance banking partner Signature Bank raised transaction minimums ...

Posted on 07/02/2023

Winklevoss twins’ crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery

Gemini, the crypto exchange controlled by the Winklevoss twins, will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis.

Posted on 07/02/2023

Bank of Japan’s yield targeting suppresses speculation in JGB futures

The Bank of Japan's aggressive market operations to defend its policy band for yields has not only sapped liquidity in the government bond market but also drastically limited scope for speculation in ...

Posted on 07/02/2023

Yen hits 1-month low vs. dollar on report over new Bank of Japan governor

The yen hit a one-month low around the mid-132 range against the U.S. dollar on Monday after a report over the next Bank of Japan chi ...

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