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Tag: banking

Posted on 28/06/2024

Japan’s Nikkei backpedals as yen intervention risks weigh

TOKYO: Japan’s Nikkei share average fell on Thursday, giving up much of its gains from the previous session, as the yen’s slide past the closely watched 160 per dollar level put traders on high alert ...

Posted on 28/06/2024

Nikkei Closes Higher as Japanese Investors Turn Focus to U.S. Data

Japanese stocks ended higher, led by gains in machinery makers, trading houses and banks as a weak yen raises hopes for earnings growth. Itochu gained 2.6%, Fanuc added 2.1% and Mitsubishi UFJ ...

Posted on 28/06/2024

Crypto Hacks and Frauds Surge to $509M Q2, Immunefi Reports

Centralized crypto institutions were the prime targets, accounting for two-thirds of successful attacks, according to the Immunefi report. The findings also highlighted that Ethereum was the most ...

Posted on 28/06/2024

Bitcoin Eclipsed by Ether, Solana in Crypto Bets Tapping ETF Hype

Bitcoin’s performance is starting to be overshadowed by the Ether and Solana tokens as hype around US cryptocurrency exchange-traded funds shifts to the two smaller digital assets.Solana surged the ...

Posted on 28/06/2024

Naver-Backed Webtoon Shares Rise 9.5% After $315 Million IPO

Webtoon Entertainment Inc. shares climbed as much as 14% in the online comics company’s debut after a US initial public offering that raised $315 million, priced at the upper end of a marketed ...

Posted on 28/06/2024

Japan Names New Currency Czar as Yen Continues Its Slide, Nikkei Reports

Japan is getting a new currency czar just as the yen trades near its weakest levels in almost four decades, the nation’s finance minister said. The Finance Ministry appointed Atsushi Mimura as its new ...

Posted on 28/06/2024

Japan appoints Atsushi Mimura as top currency diplomat as yen falls

TOKYO -- Japan's government has decided to make Atsushi Mimura its top currency diplomat, replacing Masato Kanda, Nikkei learned on Friday. Mimura, director-general of the Finance Ministry's ...

Posted on 28/06/2024

Japan Will Take Appropriate Action Against Excessive Yen Moves, Finance Minister Says

Japanese Finance Minister Shunichi Suzuki said the government would take appropriate action against excessive yen moves, although he declined to comment on whether he thinks the recent weakening of ...

Posted on 28/06/2024

Tokyo Inflation Quickens, Keeping BOJ on Track for Rate Hike

(Bloomberg) -- Inflation in Tokyo picked up in June on the back of higher energy ... Cracking Sackler Shield China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks Bolivia’s President Arce ...

Posted on 28/06/2024

Tokyo Inflation Quickens, Keeping BOJ on Track for Rate Hike

(Bloomberg) -- Inflation in Tokyo picked up in June on the back of higher energy ... Cracking Sackler Shield China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks Bolivia’s President Arce ...

Posted on 28/06/2024

Tokyo CPI up slightly in June; underlying inflation lags

Investing.com-- Tokyo consumer price index inflation rose slightly more than expected in June as consumer spending picked up some pace, although a key core inflation reading remained largely subdued.

Posted on 28/06/2024

Tokyo CPI up slightly in June; underlying inflation lags

Investing.com-- Tokyo consumer price index inflation rose slightly more than expected in June as consumer spending picked up some pace, although a key core inflation reading remained largely subdued.

Posted on 28/06/2024

Naver-Backed Webtoon Shares Rise 9% After IPO Priced at Top

Webtoon Entertainment Inc. shares climbed as much as 14% in the online comics company’s debut after a US initial public offering that raised $315 million, priced at the upper end of a marketed range.

Posted on 28/06/2024

Post IPO, WEBTOON Executives Talk Future Plans And Market Trends

That’s why we are number one across all apps, even game apps, in Japan. It’s a very significant market and we believe that, with the IPO, we will be able to strengthen our position in Japan. JK: Only ...

Posted on 28/06/2024

Japan chipmaker Kioxia to file preliminary listing application, sources say

Kioxia said it has no update on its initial public offering (IPO) plans and declined to comment on its listing procedures. Bain, which led a consortium that acquired the memory unit of Toshiba in 2018 ...

Posted on 28/06/2024

Japan households ramp up overseas investments, weighing down yen

TOKYO -- Japanese households are snapping up more overseas assets as they shift their focus from saving to investing, a trend seen potentially leading to a further weakness in the yen.

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