TOKYO: Japan’s Nikkei share average rose more than 2% on Thursday, led by exporters as the yen weakened against the dollar on prospects of slower-than-expected future rate cuts by the US Federal Reserve. The Nikkei had risen 2.6% to 37,317.39 by 0202 GMT.
Japan’s Nikkei average jumps 2.8% following U.S. rate cut
The benchmark Nikkei Stock Average rose to 37,394.52 at one point, up 1,014.35 points, or 2.8%. The broader Tokyo Stock Price Index traded at 2,631.88, climbing 66.51 points, or 2.6%.
As Fed Gears Up For Cuts, One Hedge Funder Is Focused On A Bigger Catalyst: Japan’s Central Bank
Whether the Federal Reserve will implement a 25-basis-point reduction or a 50-basis-point cut, is top of mind ahead of Wednesday’s meeting. But there’s an "even bigger question" to answer, Thomas ...
As Fed Gears Up For Cuts, One Hedge Funder Is Focused On A Bigger Catalyst: Japan’s Central Bank
Whether the Federal Reserve will implement a 25-basis-point reduction or a 50-basis-point cut, is top of mind ahead of Wednesday’s meeting. But there’s an "even bigger question" to answer, Thomas ...
How would Japan’s ruling party race affect BOJ rate hike timing?
Japan's ruling party leadership race, which will determine who becomes next prime minister, could complicate the central bank's plan to normalise ultra-loose monetary policy. Here are some details on ...
Moriaki Kida
Growing up in socially conservative Japan, Kida realized he was gay at 16 and found it difficult to come out. For the first 11 years of his career, he was silent about his sexuality and only came out ...
Crypto advocacy group mobilizes 100,000 voters as Election Day nears
Across the five swing states the group visited, 4 million total Americans own crypto, with 83% of them saying they are planning to cast their votes on Nov. 5.
Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
Former U.S. President Donald Trump continued his overtures to the cryptocurrency industry Wednesday when he sent a Bitcoin transaction during a stop at PubKey, a crypto-themed bar in New York.
What The Fed’s first interest rate cut in four years could mean for crypto
Bitcoin sentiment could improve as the Fed is expected to cut interest rates Wednesday for the first time since 2020 ...
Looking for cash, Trump launches a new family crypto project
As Trump launches a crypto project, he appears to be meandering from one get-rich-quick opportunity to the next, without regard for merit or dignity.
New details of Trump family crypto project released, including who can buy in
For over a month, the former president and his family have been pumping up a secretive family crypto project, promising that it will do many things at once.
The Trump Sons Really Love Crypto
I’m a proud crypto bro. You’re starting to become one of us, if not already,” Farokh Sarmad, a social-media influencer, said to former President Donald Trump during a livestream on X last night. According to the platform’s listener counter,
Vedanta says water storage breach in Odisha state impacts farm land
Stock Market LIVE Updates | On Friday, domestic benchmark indices Sensex and Nifty50 ended slightly lower, pressured by declines in FMCG and energy stocks. Despite this, they achieved their strongest ...
Reversing The Japan Carry Trade: Why Business Leaders Should Pay Attention To International Monetary Policy
One impact, though, of this BOJ rate hike is that Japanese debt is effectively no longer free (or almost free) from an interest perspective. One may argue that 0.25% is such a small amount, but take ...
Japan Exports Grew at Slower-Than-Expected Pace in August
TOKYO--Japan's exports rose at a slower-than-expected pace in August amid lower demand for cars, construction, and mining machinery, Ministry of Finance data showed Wednesday. Exports rose 5.6% in ...
Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
Arthur Hayes, chief investment officer of Maelstrom and co-founder of BitMEX, has made a bold statement that risk assets, including cryptocurrencies, could crash a few days after the first Fed rate cut, which is expected to be announced on Wednesday.