"The reaction to yesterday's rally could intensify" if the Nikkei falls below its 200-day moving average of 27,600, a market participant at a domestic securities firm said. The market was taking a ...
Bank of Japan raises inflation forecast, keeps policy steady
The Bank of Japan raised its inflation forecast on Thursday, but maintained ultra-low interest rates and warned of risks to the economic outlook.
Bank of Japan Sees Inflation Hitting 2.3% This Fiscal Year
The Bank of Japan said inflation would likely rise above the bank’s 2% target this fiscal year, but it kept ultralow interest rates unchanged to support the nation’s economic recovery from the ...
Hong Kong shares slip around 1% as Asia markets are mixed; Bank of Japan rate decision ahead
Shares in the Asia-Pacific region were mixed on Thursday as investors look ahead to the Bank of Japan rate decision.
Bank of Japan maintains ultralow rate policy as expected
The Bank of Japan on Thursday kept its ultralow rate policy intact at the end of a two-day meeting in a widely expected move, despite ...
Japan logs biggest half-year trade deficit on energy price hikes
Japan posted its biggest half-year trade deficit of 7.9 trillion yen ($57 billion) in the first half of 2022 due to soaring energy prices and the yen's depreciation, government data showed on Thursday ...
Japan posts $10 billion trade gap in June as energy imports surge
Japan ran a trade deficit for the 11th straight month in June as high energy and other commodity costs pushed up imports, highlighting growing economic pressures from a sharply declining yen and ...
Bitcoin tops $24,000 as hopes of softer Fed action fuel crypto relief rally
Bitcoin topped $24,000 Wednesday for the first time since mid-June. Traders took comfort from the prospect of a softer than expected rate hike from the Federal Reserve. Ether climbed above $1,600 amid ...
Will Crypto Recover? Here’s What You Should Know
Is the crypto market recovering? Let’s explore some of the factors driving down the price of Bitcoin, Ethereum and altcoins (any cryptocurrency other than Bitcoin) right now and whether or not the ...
FBI Crypto Crime Alert: Fraudsters Posing As Banks Took $43 Million From Investors
A new alert from the FBI warns investors that cyber criminals are offering fraudulent cryptocurrency investment services, which the cyber criminals have used with increasing success to scam investors ...
Gov’t picks new Bank of Japan board members in sign of less dovish central bank
The government said Tuesday it will appoint Hajime Takata, an economist who has warned of the side effects of bold monetary easing, a ...
Crypto bill cosponsors say regulation bill won’t get a vote because too many senators are ignorant about DeFi and also they don’t really care to learn
Sens. Lummis (R-Wyo.) and Gillibrand (D-N.Y.) said their fellow lawmakers need more time to understand such a complicated topic.
Japan regulators argue that the crypto self-regulation experiment has failed
Regulators and authorities in Japan have said that the self-regulation “experiment” for the crypto sector in Japan is not working.
Crypto Is Straining the Power Grid. Congress Wants to Rein It In
Senator Elizabeth Warren and others are recommending regulations for crypto-mining operations as carbon emissions and consumer electricity bills soar in the US.
Coinbase says it has no exposure to collapsed crypto firms Celsius, 3AC and Voyager
Coinbase said in a blog post that it had "no financing exposure" to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital.
How to save for college with crypto, without gambling away a child’s future
Many parents saving for college say crypto is a part of their financial plan. Here's what to know about the risky investment and higher education funding.