It is aimed at pushing back against China and countering the disruption caused by Russia's invasion of Ukraine. Read more at straitstimes.com.
Japan’s 10-year yields fall to near 4-1/2-month low
Japan's 10-year government bond yields fell to near four-and-a half-month low on Friday, tracking U.S. Treasury yields which declined overnight after U.S. economy contracted again in the second ...
Japan eyes response to FX moves as item for consideration in FY23 budget
Japan has included measures to respond to currency moves as items for consideration in its fiscal 2023 budget to be drawn up late this year, the budget guideline showed on Friday, in a sign of a ...
Crumbling Tower of ‘Babel’ Traded $280 Million of Users’ Crypto, Lost It All
The crypto lending platform temporarily suspended withdrawals in June, but reports say it suffered big losses trading customer’s funds.
Crypto Rebound: Forget Bitcoin, Ethereum Is the Real Deal
Admittedly, we are still very far from the $3 trillion reached in November in the midst of crypto mania, but it is much better than the thresholds of $700 billion and $800 billion to which the market ...
Japan’s Sakhalin-2 LNG buyers told to pay bank inside Russia
Japan imports 10% of its LNG yearly from the Sakhalin-2 project in Russia's Far East. An LNG port at Sakhalin-2 is shown here. TOKYO -- Japanese importers of liquefied natural gas from Russia's ...
Japan’s Mizuho Financial reports 36% drop in Q1 net profit
Mizuho Financial Group Inc , Japan's third-largest lender by assets, reported on Friday a 36% drop in first-quarter net profit from a year ago when earnings were boosted by tax-related gains.
Apple’s App Store Comes Under the Spotlight for How It Handles Fake Crypto Apps
Apple's App Store is now coming under the spotlight for how it handles fake crypto apps that scam investors who think they're investing ...
‘Axie Infinity’ CEO moved $3 million in crypto tokens before disclosing massive hack
In response to the massive theft, Axie developer Sky Mavis disabled token withdrawal — but apparently not before its CEO moved $3 million worth of Axie's main token, AXS, into Binance. According to ...
Why Graham Stephan Believes the Most Recent Crypto Crash Is ‘Different’
Graham Stephan believes the recent crypto crash is only the tip of the iceberg as there are fundamental problems within the industry. Read on to learn more.
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex has become the latest victim of the ongoing crypto crash after running into liquidity problems that it blames on troubled crypto lenders Babel Finance and Celsius Network.
Crypto Unfiltered: What Are Liquidity Pools?
In this week's episode we will talk about 'Liquidity Pools' and how they impact the world of crypto. Liquidity is a fundamental part of both the crypto and financial markets. It is the manner in which ...
Japan’s Nikkei gives up gains as Denso outlook sours sentiment
Shares of Denso, a major supplier to Toyota Motor Corp, slipped 5.2% after the company lowered its operating profit forecast for the current business year by 14%.Toyota edged up 0.56% but rival Honda ...
Japan: monthly activity data suggests GDP will rebound in the second quarter
Monthly activity data for June came as a surprise to the market. Better-than-expected industrial production supports a rebound in manufacturing ...
Japan’s Inflation Not Mainly Caused by Weak Yen, ADB’s Asakawa Says
It goes a step too far to say a weak yen is the main reason for explaining why prices in Japan are rising, Asian Development Bank (ADB) President Masatsugu Asakawa said on Friday. The major factors ...
Japan’s Suzuki: Closely watching fx moves with sense of urgency while working with BOJ
Japanese Finance Minister Shunichi Suzuki said on Friday that they are closely watching fx moves with a sense of urgency while working with the Bank of Japan (BOJ). He declined to comment on ...