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Tag: banking

Posted on 25/06/2024

Japan will respond appropriately to excessive FX moves, says finmin

Japanese Finance Minister Shunichi Suzuki said on Tuesday the authorities will continue to respond appropriately to excessive moves in the foreign exchange market. Speaking to reporters in Seoul, ...

Posted on 25/06/2024

Japan’s Mitsui to build ammonia plant in UAE, starting production in 2027

Mitsui has also signed a loan agreement with the Japan Bank for International Cooperation (JBIC) to finance the development of the project, it said in a statement. Mitsui's partners are TA'ZIZ, which ...

Posted on 25/06/2024

Solana Memecoin Dogwifhat (WIF) Drops Out of Top 50 Crypto Momentarily

"Many people are talking about how WIF is in their accumulation zone, but I just checked the chart, and it doesn’t seem like anyone is accumulating," remarked pseudonymous crypto trader Blockgraze in ...

Posted on 25/06/2024

Solana Memecoin Dogwifhat (WIF) Drops Out of Top 50 Crypto Momentarily

"Many people are talking about how WIF is in their accumulation zone, but I just checked the chart, and it doesn’t seem like anyone is accumulating," remarked pseudonymous crypto trader Blockgraze in ...

Posted on 25/06/2024

AI Crypto Tokens Surge Despite Nvidia’s Market Cap Plunge

Artificial intelligence-related crypto tokens have soared over the past week, even as Nvidia, a key player in the AI space, experienced a significant drop in its market capitalization. Nvidia's stock ...

Posted on 25/06/2024

Bank of Japan opens door for a hawkish double surprise

The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rate hike, as it steps up a steady ...

Posted on 25/06/2024

Crypto VC Anticipates 30% Dip in Ethereum Price After Spot ETH EFTs Launch

Andrew Kang, a founder and partner at Mechanism Capital, a crypto-focused venture capital firm, has warned about a potential Ethereum dip. Kang says Ether could drop to a low of $2,400 following the ...

Posted on 25/06/2024

Mizuho hiring bankers for U.S. expansion after Greenhill takeover

The Tokyo-headquartered bank has recruited dealmakers from bulge-bracket competitors for its leverage finance business, and it’s hiring more in industry verticals including financial institutions, ...

Posted on 25/06/2024

Japan’s Nikkei shakes off chip slump as value shares rally

Japan's Nikkei share average edged higher during the morning session on Tuesday, as investors shifted focus to value stocks over semiconductor and other high-tech shares, while a yen on the back foot ...

Posted on 25/06/2024

Japan’s Aeon to take on 4,000 skilled foreign workers by fiscal 2030

TOKYO -- Leading Japanese retailer Aeon will take on 4,000 skilled foreign workers groupwide by fiscal 2030 amid severe labor shortages in Japan's food service sector, Nikkei has learned. The Aeon ...

Posted on 25/06/2024

Exploring Undervalued Gems on the Tokyo Stock Exchange in June 2024

Amid a backdrop of uncertainty regarding the Bank of Japan's monetary policy and a slight downturn in the Nikkei 225 and TOPIX indices, investors might find potential opportunities in undervalued ...

Posted on 25/06/2024

25-Year Weak Yen Obsession Is Blowing Up On Tokyo

Currency traders betting on a rebound in the yen would be wise to look past the officials currently in charge and listen instead to policy veteran ...

Posted on 25/06/2024

Japan ready to intervene in FX markets, finance ministry says

Japan’s top currency official said today (June 24) that authorities are ready to intervene as the yen hovered around a 34-year low against the dollar.

Posted on 25/06/2024

Fake Elon Musk livestreams promoting crypto scams keep popping up on YouTube

While Musk and Tesla are most commonly utilized to push these YouTube livestream crypto scams, scammers have altered the strategy a bit at times. For example, in April, Mashable reported on a SpaceX ...

Posted on 25/06/2024

Bitcoin Briefly Falls Below $60,000 For First Time Since Early May: ‘Crypto Bears Have Become Louder’

Bitcoin fell by nearly 7% by 6:30 p.m. Greenwich Mean Time, or 2:30 p.m. ET, trading at about $59,800 before recovering to about $60,200 shortly after (crypto price movements are typically measured in ...

Posted on 25/06/2024

Coinbase may be facing regulatory action over its accounting for crypto assets

Coinbase Global Inc. may be at risk of a regulatory enforcement action over its accounting for crypto assets, according to accounting experts, who ...

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