The Bank of Japan (BOJ) bought a monthly record of 23.69 trillion yen (182 billion U.S. dollars) worth of Japanese government bonds in January, the central bank's data showed Wednesday. The purchase ...
MUFG, Japan’s largest bank, launches $100M fund for Indonesian startups
MUFG, Japan’s largest bank by market cap, announced today the launch of a $100 million fund focused on Indonesian startups. The fund, a collaboration between MUFG subsidiaries MUFG Innovation Partners ...
Bank of Japan breaks monthly record for govt. bond purchases
The Bank of Japan broke its monthly record for purchases of long-term Japanese government bonds in January. It has been on a massive bond-buying spree to curb a rise in interest rates to stimulate the ...
Japan central bank buys record $182bn of bonds in January
The Bank of Japan bought 23.69 trillion yen of bonds in January, the largest amount on record, topping the previous high of 16.2 trillion yen reached in June last year. TOKYO (Reuters) -- The Bank of ...
Nomura’s Q3 Profit Grows Despite Investment Banking Slump
Nomura's wholesale division, which houses its investment banking trading and businesses, logged a pretax loss of 1.9 billion yen ($14.58 million), its first loss since the April-June quarter of 2021.
Tokyo’s Nikkei Index Ends Flat As Fed Meets
Tokyo stocks trimmed earlier gains and ended nearly flat Wednesday as investors waited for the US Fed to conclude its policy meeting.
Like FTX, Bankrupt Crypto Lender Celsius Used QuickBooks
The use of QuickBooks is redolent of the collapse of another bankrupt crypto firm, FTX. On Tuesday, it was revealed that Celsius, a New Jersey-based crypto lender that declared bankruptcy last summer,
Bankrupt Crypto Firm Celsius Says Some Users Can Withdraw Assets
Some users of bankrupt crypto lender Celsius Network’s Custody program will be able to withdraw 94% of their eligible assets, according to a court filing.
Nikkei hits 1-1/2-month high, Fed nerves cap gains
Japan's Nikkei share average touched a 1-1/2-month high on Wednesday, buoyed by broad Wall Street gains overnight, although caution before a crucial Federal Reserve policy decision later in the day ...
Japan’s SMFG looks outside traditional banking for growth: CEO
Sumitomo Mitsui Financial Group will maintain a focus on international markets and target nonbanking businesses to lead growth amid a rapidly changing banking environment, the company's CEO told ...
Asia-Pacific shares poised to trade mixed as investors gear up for Fed rate hike decision
Asia-Pacific shares are set to climb, taking the lead from Wall Street's gains while investors also looked ahead to some economic data in the region.
Crypto Braced For A $250 Billion Bitcoin And Ethereum Price Earthquake
Bitcoin, ethereum and other major cryptocurrencies have rocketed higher in the first month of 2023, adding $250 billion to the combined crypto ...
LVMH, L’Oreal and Shiseido Are All Vying to Buy a Stake in Aesop
The Australian cosmetics brand is known for its luxe skin, body and hair care—and may be valued at $2 billion.
Japan’s GDP rebounds 2.3% in Q4, analysts estimate
Japan's economy staged a recovery in the fourth quarter on the strength of consumer spending and exports after a decline during the previous three months, a Nikkei survey of private-sector economists ...
Is there a fix for Japan’s markets mess?
Missteps could see Japan’s economy grind to a halt and a return to deflation. They could also roil global markets. Mr Kuroda is said to have returned from the World Economic Forum in Davos more ...
January was bitcoin’s best month since 2021, but crypto isn’t ready for a ‘rocket ship rally’ yet
Bitcoin is rounding out its best month in more than a year. It's already recovered more than half of its 2022 losses and some say it's found a bottom in this crypto winter. For some investors, however, its strong month isn't necessarily a green light to ...