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Tag: banking

Posted on 14/06/2024

Bank of Japan keeps interest rates unchanged in June, signals to reduce bond buying

Following the BOJ decision, the Nikkei 225 (NKY:IND) fell 0.34% to below 38,853 on Friday. The Japanese yen weakened toward 158.171 per dollar, hitting its lowest levels in six weeks.

Posted on 14/06/2024

Breaking: Bank of Japan leaves interest rate unchanged, as expected

The Bank of Japan (BoJ) is expected to maintain its short-term rate target between 0% and 0.1% on Friday, June 14, after concluding its two-day monetary policy review meeting for June.

Posted on 14/06/2024

Japan’s Suzuki aims to achieve primary balance goal

Japanese Finance Minister Shunichi Suzuki said on Friday that he aims to achieve the primary balance goal. He further stated that he will keep an eye on China's excess production on the Japanese ...

Posted on 14/06/2024

What Happened in Crypto Today? Donald Trump to Support Bitcoin Miners | Japanese Firms Buys BTC

Crypto market shrank by 2% on June 13,shedding over $58 billion in valuation, Donal Trumps, Ripple Labs and Metaplanet dominated the headlines.

Posted on 14/06/2024

Japan’s Kirin to buy remaining stake of skin care company Fancl for 210 billion yen: Nikkei

KIRIN Holdings will launch a tender offer of about 210 billion yen (S$1.8 billion) to buy remaining shares of skin care products maker Fancl it does not already own, the Nikkei newspaper reported on ...

Posted on 14/06/2024

Bank of Japan to keep ultra-low rates, may signal bond taper

The Bank of Japan is likely to keep interest rates ultra-low on Friday but consider whether to start reducing its huge balance sheet in a slow but steady retreat from its massive monetary stimulus.

Posted on 14/06/2024

Morning Bid: Caution at Fed, but what about the Bank of Japan?

The domestic scenario may be a little murkier with bond yields elevated and the yen still anchored at historically weak levels. But yields are off their highs and stocks have flat-lined for two months ...

Posted on 14/06/2024

The U.S. is losing crypto developers to other countries, report says

“The U.S. continues to lose developer share, down 14 points in the past five years; only 26% of crypto developers are US-based today,” Coinbase said in a new report.

Posted on 14/06/2024

Japan’s Nippon Life unveils framework for offering transition finance

Japan’s Nippon Life Insurance has launched a framework outlining its criteria for providing transition finance to companies in the steel and other industries that plan to cut their carbon dioxide ...

Posted on 14/06/2024

BoJ versus MoF: Who will win Japan’s monetary tug-of-war?

The weakness of the Japanese yen is becoming disorderly to the extent it is starting to worry the Ministry of Finance (MoF), prompting it not only to ask the Bank of Japan to intervene directly in the ...

Posted on 13/06/2024

Leak Reveals Joe Biden Could Be Planning A Crypto Coup Amid Bitcoin, Ethereum And XRP Price Swings

A potentially game-changing bill with a surprise crypto provision has been passed by a Senate committee, which could be the most important U.S. crypto policy ...

Posted on 13/06/2024

This is what needs to happen to spur mass adoption of crypto

Nelson kicked off the conversation by emphasizing the need for accessible entry points into the cryptocurrency market. He pointed out that the introduction of bitcoin and ethereum spot ETFs was a ...

Posted on 13/06/2024

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat

Asian shares mostly rose Thursday, as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week. The Bank of Japan is not expected to raise its ...

Posted on 13/06/2024

The Bank of Japan Faces an Impossible Challenge

Bank of Japan Governor Kazuo Ueda has in 14 months seen his odds of success go from bad to worse to near impossible. Ueda, 72, could be excused for wishing he’d said no when Prime Minister Fumio ...

Posted on 13/06/2024

Why an 89p metro ride is a recipe for ideological conflict

An IPO of the national treasure has been an ambition for a decade but risks facing a shift in shareholder priorities ...

Posted on 13/06/2024

Japan’s Nikkei reverses early gains ahead of BOJ’s policy decision

TOKYO: Japan’s Nikkei share average surrendered early gains to trade lower on Thursday ahead of the Bank of Japan’s policy decision due Friday. The Nikkei was down 0.12% to 38,831.36 by the midday ...

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