Currency traders' growing confidence that Japanese authorities will not step in to prop up the yen helped drive the currency to a fresh 24-year low Wednesday, with further declines expected. By ...
Bitcoin Now Braced For Two Huge Earthquakes After $1 Trillion Crypto Price Crash Tanked Ethereum, BNB, XRP, Solana, Cardano And Dogecoin
Traders are braced for the European Central Bank (ECB) to follow the Fed in hiking interest rates on Thursday and the latest U.S. inflation data next ...
Crypto Crash: Market Under $1 Trillion, Bitcoin Under $19,000
Cryptocurrencies which have been evolving for several months in tandem with the stock market are also in decline. Market valuation thus fell back below $1 trillion to $983 billion, down 6.1% in the ...
With Declining Crypto Prices And Mounting Competition, What’s Next For Coinbase?
Cryptocurrency exchange Coinbase stock (NASDAQ: COIN) has declined by close to 27% over the past month after seeing a strong recovery through the month of July, although the stock still remains down ...
Tech, crypto, emerging markets ETFs hit historic lows during this latest stock market downturn
The Nasdaq Composite is down for 7 straight sessions (down 8.6%), its longest losing streak since a 9-day losing streak in Nov. 2016.
Rich more bullish on crypto in Indonesia than Singapore, Hong Kong
The survey of investment attitudes of 450 high net worth individuals across Singapore, Hong Kong, Japan, Thailand, the Philippines, Indonesia, Taiwan and Australia showed that close to 40% of those ...
Japan shares lower at close of trade; Nikkei 225 down 0.71%
Japan equities were lower at the close on Wednesday, as losses in the Services, Machinery and Transport sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 fell 0.71% to hit a new ...
Investor Who Made 1,700% on Mt. Gox Crash Circles Crypto Again
Thomas Braziel didn’t have much of an interest in Bitcoin. But as an investor in obscure distressed assets, his sport, as he called it, was bankruptcies — and there was nothing quite as enticing as ...
Japanese stocks fall as slowdown concerns eclipse exporter boost
Japanese stocks fell nearly 1% on Wednesday, as investor concerns over a COVID-ravaged economy overshadowed strong performances by exporter shares, which gained on a weaker yen.
Japan warns of action if “one-sided” currency moves continue
The Japanese government said Wednesday it stood poised to intervene in the currency markets if the yen continues its rapid depreciation owing to "one-sided" currency moves. The Japanese yen hit a ...
Ether Plans to Lose Proof-of-Work While Crypto Miners Lose Their Minds
With the Bellatrix upgrade activated, Ether could move to proof-of-stake in just over a week, but there are more than a few players who are hedging their bets.
BOJ to keep low rates even as inflation seen hitting 3% – ex-central bank policymaker
The Bank of Japan (BOJ) will likely maintain its massive stimulus even as inflation is seen reaching 3 per cent in coming months, to ensure domestic demand strengthens enough to offset a hit from ...
Japan Finance Minister Suzuki Says Recent Yen Moves ‘Somewhat Rapid, One-Sided’ -Jiji
Recent yen moves in the currency market are "somewhat rapid and one-sided," Jiji news agency quoted Japanese Finance Minister Shunichi Suzuki as saying on Wednesday, using more strongly worded ...
Japan concerned about ‘rapid, one-sided’ moves in FX market – top spokesperson
Japan's government wants to act if "rapid, one-sided" moves seen in the currency market recently continue, the country's top government spokesperson warned on Wednesday after the yen slid to a fresh ...
URGENT: Japan finance chief says recent yen moves rapid, one-sided
Japanese Finance Minister Shunichi Suzuki said Wednesday that recent movements of the yen are "rapid" and "one-sided," after the yen tumbled to a fresh 24-year low at the 143 level against the U.S.
Japanese luxury-home developer plans U.S. IPO
Tokyo-based Lead Real Estate Co. Ltd., a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via ...