Japan's currency intervention last week cost 2.84 trillion yen, the largest-ever amount spent to stem the yen's sharp slide against the U.S. dollar, Finance Ministry data showed Friday. The yen-buying ...
Japan and Korea have dumped billions of dollars defending the yen and the won against the strong US currency
Japan last week spent up to $19.35 billion to prop up its currency against the dollar but the greenback has nearly gained back its lost ground.
Consumer Complaints About Crypto on the Rise Amid Crypto Slump, Data Shows
Consumer complaints have again put the risks from the cryptocurrency trade in the spotlight, as thousands of complaints have flooded into the Consumer Financial Protection Bureau over the past two ...
Roundup: Japan’s Nikkei ends sharply lower on Wall Street’s drop, global slowdown woes
Japan's benchmark Nikkei stock index closed sharply lower on Friday following Wall Street's overnight slump amid mounting concerns that aggressive rate hikes by the Fed and other central banks will ...
Revealed: Top 10 most anti-crypto countries in the world
Despite the industry around crypto expanding there are still a significant number of nations that have not yet fully embraced cryptocurrency.
FTX: Could GameStop’s Crypto Partner Acquire Robinhood?
Crypto exchange FTX, which recently partnered with GameStop, is looking to acquire a retail trading platform. Could it make a bid for Robinhood?
Japan’s SBI applies for bank license to own majority of Shinsei
Japanese online financial conglomerate SBI Holdings Inc has filed its application for a bank holding-company license to own more than 50 per cent of Shinsei Bank, an SBI spokesperson said on Friday.Th ...
Japan spent almost $20bn in effort to defend tumbling yen
Japan spent ¥2.84tn ($19.7bn) in last week’s intervention to stem the yen’s plunge, although the currency is once again trading near levels before the government action was taken. Analysts say the ...
Japan Spent Record Of Nearly $20.0 Billion On Intervention To Support The Yen
Japan spent up a record 2.8 trillion yen ($19.7 billion) intervening in the foreign exchange market last week to prop up the yen, Ministry of Finance data showed on Friday, draining nearly 15% of ...
Japan Spent $19.7 Billion in September Forex Market Intervention
Japan spent a likely record daily amount to prop up the yen last week, leaving economists and investors wondering whether the government could intervene again despite skepticism over the impact of ...
Japan spent $19.7bn on intervention to support the yen
The figure was less than the 3.6 trillion yen estimated by Tokyo money market brokers for Japan's first dollar-selling, yen-buying intervention in 24 years to stem the currency's sharp weakening. The ...
Japan spent record $19 billion in intervention to stop yen plunge
Japan's currency intervention last week cost 2.84 trillion yen ($19 billion), the largest-ever amount spent to stem the yen's sharp s ...
Japan’s data surprises on the upside
Stronger-than-expected industrial production and solid labour market data suggest Japan's economy continued to recover in the current quarter. A ...
UPDATE 1-Bank of Japan boosts bond purchases in Oct-Dec quarter to curb yields
The Bank of Japan (BOJ) on Friday boosted its planned purchase of longer-ended government bonds in the next quarter, extending efforts to curb elevated yields against a global tide of rising yields.
Japan’s Nikkei on course for worst month since March 2020
Japanese stocks were set on Friday for their worst month since the COVID-19 pandemic first rocked markets two and a half years ago, after falling 1.67% in the morning session. The broader Topix fell 1 ...
Only about 30% of millennials are comfortable investing in crypto, down from about 50% in 2021: ‘The shine has come off these coins’
Millennials are significantly less comfortable with cryptocurrency investing than they were a year ago, according to a new Bankrate survey.