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Posted on 29/11/2024

Nikkei Rises 0.6%, Led by Electronics Stocks

Japanese stocks ended higher, led by gains in electronics stocks, as hopes for continuing Fed rate cuts help offset uncertainty over U.S. trade policy ...

Posted on 29/11/2024

Japan Cabinet to Approve $92 Billion Extra Budget, NHK Says

Japan will lean heavily on extra tax revenue in a ¥13.9 trillion ($92 billion) additional budget to finance Prime Minister Shigeru Ishiba’s stimulus package, according to state broadcaster NHK.

Posted on 29/11/2024

Japan to provide $600 million for housing subsidies to Ukrainians and IDP assistance

The World Bank has approved additional funding of $664 million for the "Investing in Social Protection for Inclusion, Resilience, and Efficiency" (INSPIRE) project. The Japanese government is funding ...

Posted on 28/11/2024

Hong Kong to offer crypto tax exemption for hedge funds and family offices

Hong Kong plans to waive tax on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity funds and certain family offices as the city strives to enhance its ...

Posted on 28/11/2024

North Korean hackers have stolen billions in crypto by posing as VCs, recruiters and IT workers

A venture capitalist, a recruiter from a big company, and a newly hired remote IT worker might not seem to have much in common, but all have been caught as imposters secretly working for the North ...

Posted on 28/11/2024

Crypto leaders press Trump to create federal bitcoin reserve

President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.

Posted on 28/11/2024

Japan’s Nikkei ends higher as investors step in after two-day slump

TOKYO - Japan's Nikkei share average reversed course to end higher on Thursday after two straight sessions of losses made stocks relatively cheaper. The Nikkei gained 0.56% higher to close at ...

Posted on 28/11/2024

Asian stocks subdued, dollar drifts ahead of US Thanksgiving

Asian shares were subdued on Thursday and the dollar was on the defensive after U.S. data showed progress in slowing inflation had stalled even as the economy remained resilient, raising doubt over ...

Posted on 28/11/2024

Japan police bust online gamblers for first time using crypto ‘tracking tool’

Japan police are now actively arresting users of overseas online casinos using a crypto “tracking tool” — a first for their government. On November 26 (JST) the Tokyo Metropolitan Police Department’s ...

Posted on 28/11/2024

Japan’s former top FX diplomat Kanda elected as next ADB chief

TOKYO (Reuters) -- The Asian Development Bank (ADB) has elected as its next president Japan's former top currency diplomat Masato Kanda, the bank said on Thursday. Kanda, now a special adviser to ...

Posted on 28/11/2024

Bank of Japan’s latent losses on JGBs hits record ¥13.66 trillion

JGB prices fell after the central bank ended its negative interest rate policy in March and raised interest rates in July.

Posted on 28/11/2024

Japan’s ex-top currency diplomat Kanda picked as next ADB chief

Former top Japanese currency diplomat Masato Kanda has been selected as the next president of the Asian Development Bank, the Manila-based international lender said Thursday. Kanda, 59, currently a ...

Posted on 28/11/2024

Chipmaker Kioxia files for IPO; sources say it’s targeting December

Bain Capital-backed Kioxia filed for an IPO on Friday and sources familiar with the matter said the Japanese chipmaker was targeting December for the offering. The IPO registration marks a fresh ...

Posted on 28/11/2024

Nikkei Slips 0.4%, Dragged by Electronics Stocks

Japanese stocks were lower, dragged by falls in electronics stocks, as concerns about U.S. trade policy continue.

Posted on 28/11/2024

Japan companies go for short-term commercial paper on BOJ hike concerns

Market expectations that the Bank of Japan may raise interest rates at its December policy meeting have led to concerns about rising rates for commercial paper, reducing demand for the longer-term ...

Posted on 28/11/2024

Nikkei May Fall on Concerns About U.S. Trade Policy

Japanese stocks may fall as concerns about U.S. trade policy continue.

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