Japan's benchmark Nikkei stock index ended marginally higher Thursday as investor sentiment was bolstered by remarks made by U.S. Federal Reserve Chair Jerome Powell indicating that inflation was ...
Japan shares higher at close of trade; Nikkei 225 up 0.20%
Japan equities were higher at the close on Thursday, as gains in the Mining, Gas & Water and Insurance sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 0.20%. The biggest ...
Japan’s biggest bank Mitsubishi UFJ reports 61% drop in Q3 profit
Mitsubishi UFJ Financial Group Inc on Thursday reported a 61.2% drop in third-quarter net profit due to a loss related to the sale of U.S. unit MUFG Union Bank, which would be mostly offset by an ...
A Trader’s Guide to Betting on the Next Bank of Japan Governor
Investors are readying for the final stretch in the race to replace Bank of Japan Governor Haruhiko Kuroda, a decision that could whipsaw markets from the yen to Treasuries.
The Bank of Japan should stop defending its cap on bond yields
Lifting the cap has only increased bets against it. Since December the Bank of Japan has had to defend the higher cap by buying bonds worth a staggering $240bn, nearly 6% of Japan’s gdp and about ...
Mitsubishi UFJ, Mizuho report strong Q3 results on solid loan demand
Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group on Thursday reported strong third-quarter profits in their core businesses thanks to an economic rebound in Japan and solid loan demand ...
The Top 5 Bitcoin News Stories Of The Week
Advice, insight, profiles and guides for established and aspiring entrepreneurs worldwide. Home of Entrepreneur magazine.
Bitcoin Hovers Near Highest Since August in Post-Fed Crypto Jump
Bitcoin hovered near the highest since August as investors took Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary-policy backdrop lies ...
Japan: 25 years of adding liquidity and counting
Even as its liquidity provision passes its 25th year, the Bank of Japan looks unlikely to tighten monetary policy in step with other central banks until deflation is beaten and the Ministry of Finance ...
Bitcoin Jumps to Highest Since August in Post-Fed Crypto Rally
Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead ...
Crypto exchange Bittrex lays off more than 80 employees
Prominent cryptocurrency exchange Bittrex laid off employees Wednesday. The Bellevue, Wash.-based company slashed 83 positions, according to a Washington state filing. “Unfortunately, due to market ...
Japan’s Nikkei rises as tech stocks track Nasdaq higher
Japan's Nikkei share average rose slightly on Thursday, led by technology heavyweights after the Nasdaq jumped overnight, while a stronger yen weighed on exporters and limited the index's advance.
Zopa Raises $92 Million as SoftBank Sits Out Funding Round
IAG Silverstripe – which in 2019 provided an eleventh-hour injection for Zopa to secure its banking licence – led the equity round, with participation from U.S. hedge fund Davidson Kempner and venture ...
Crypto is now toxic on Wall Street and an overwhelming majority of traders refuse to touch it this year, according to a JPMorgan survey
A JPMorgan survey of institutional traders found that 72% don't plan on trading cryptocurrencies or digital assets this year.
Record $3.8 billion stolen in crypto hacks last year, report says
A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by North Korean-linked hackers, according to a report Wednesday from ...
Crypto hacks stole record $3.8 billion in 2022, led by North Korea groups
Chainalysis, a U.S.-based blockchain analytics firm, said in a report that North Korea-linked hackers stole an estimated $1.7 billion worth of crypto in multiple attacks last year, ...