From dazzling the market early in 2024, Solana meme coins like WIF and POPCAT have seen a downturn in fortunes as the year progressed, mirroring the fluctuating forecasts for RNDR’s price. Amid this ...
Biden officials open crypto line
Plus: RFK Jr. social media ad sparks blowback from CNN’s Jake Tapper {beacon} Technology Technology The Big Story Biden administration opens line with crypto industry The move ...
Crypto Markets Entangled With $100B In Illicit Funds Since 2019: Report
Fresh data by on-chain analytics firm Chainalysis found that nine figures worth of illicit funds have found their way into the digital asset space.
Singapore’s Keppel DC REIT enters Japan with US$145mil data centre purchase
SINGAPORE: Singapore-listed data centre real estate investment trust Keppel DC REIT and sponsor Keppel are set to buy a data centre in Tokyo for 23.4 billion yen ($145 million), in the REIT's first ...
Japan warns recent exchange rate moves out of line with fundamentals
Japan’s top currency diplomat Masato Kanda said on Thursday (Jul 11) he was concerned about recent exchange rate moves that have become dominated by speculation and were out of line with fundamentals, ...
Japan rolls out new banknotes for the first time since 2004, but only 30% of the country’s many vending machines can accept them
and it will continue to play a significant role,” Bank of Japan Governor Kazuo Ueda said Wednesday morning, echoing comments by Finance Minister Shunichi Suzuki the previous day. Prime Minister Fumio ...
Japan’s yen surges after U.S. inflation data as traders monitor possible intervention
The yen has been combating sustained pressure since the Bank of Japan ended its monetary policy of negative interest rates in March. Japanese Finance Minister Shunichi Suzuki has backed the need for ...
Trump’s pro-crypto stance pressures Biden to adapt
With Republican National Committee's pro-crypto stance, Trump and Biden navigate the new political landscape ahead of 2024 election.
Asia markets mostly advance, Japan’s Nikkei crosses 42,000 mark, eyes on US CPI report
Pacific equity market mostly rose, as a rally on Wall Street overnight buoyed sentiment, as shares of US big tech soared amid greater confidence on Fed rate cuts this year. Investors await US CPI data ...
Japan’s Nikkei smashes past 42,000 mark to all-time highs as Asia markets rally on rate cut optimism
In Asia, investors will be watching for any spillover optimism in the region's tech stocks, particularly in Japan.
Japan’s public pension fund steps up as BOJ mulls bond cuts
The BOJ is expected to release a plan to substantially reduce its debt buying at the next policy decision later this month. The nation’s largest lenders this week called on the central bank to make ...
Japan’s key capex gauge falls again, clouding outlook for sustainable recovery
Japan's core machinery orders unexpectedly fell for a second straight month in May, government data showed on Thursday, highlighting the fragility of the economy.The volatile yet leading indicator of ...
Japan’s Nikkei Closes at Record High
Japan's Nikkei Stock Average rose 0.9% to close at a record high of 42224.02 on broad-based gains. The Nikkei has been an outrunner lately, said Yeap Jun Rong, market analyst at IG in a commentary, noting the benchmark index's recent stellar performance.
Japan’s 40-Year Government Bond Yields Hit 3% for First Time
Japan’s 40-year government bond yield touched 3% for first time since this maturity was first issued in 2007.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ...
SoftBank forms AI healthcare JV in Japan with Tempus
Cancer remains the biggest cause of death in Japan, according to Son ... raised nearly $411 million at a valuation of more than $6 billion via its IPO. Its valuation, however, has not stood up: it's ...
Japan’s Nikkei crosses 42,000 points as Wall Street rally spurs sentiment
Japan's Nikkei share average surged to another record high during morning trade on Thursday, as a rally in U.S. stocks overnight boosted investor sentiment. The Nikkei was up 0.83% to 42,179.84 by the midday break,