The US rate hikes have caused the yen to slide to its lowest level against the dollar in over three decades, while the Bank of Japan sticks to its longstanding monetary easing policies.
Japan’s Nikkei slips below 27,000 on recession angst, chip stocks limit losses
Japan's Nikkei share average slid below the key 27,000 mark on Friday, tracking overnight Wall Street losses amid worries that U.S. Federal Reserve's aggressive rate hikes could trigger recession.
Texas regulators have their eyes on one of the most powerful players in the crypto world
The big news in crypto this week came via a court filing in Texas. FTX, the crypto giant that is led by arguably the most powerful person in the industry, is under investigation by Texas regulators ...
Japan’s consumer inflation hits 8-year high in test of central bank’s dovish policy
Japan's core consumer prices rose 3.0% in September from a year earlier, data showed on Friday, marking the fastest pace in eight years.
USD/JPY teases Tokyo intervention near 32-year high above 150.00 despite strong Japan inflation, yields
USD/JPY picks up bids to renew intraday high near the multi-year top marked on Thursday. Yields remain firmer amid fears of high inflation, and recession. Japan’s Core CPI jumped to the highest in ...
As intervention threat grows, Japan says FX speculators dealt with ‘strictly’
Japanese Finance Minister Shunichi Suzuki said on Friday that authorities were dealing with currency speculators "strictly", as an extended sell-off of the yen kept markets on heightened alert for ...
Japan Finance Minister Reiterates Concerns Over Yen’s Rapid Fall
By Megumi Fujikawa Japan's finance minister on Friday reiterated concerns about the yen's rapid falls and his readiness to intervene in the ...
Japan’s consumer inflation hits 8-year high, stays above BOJ target
Japan's core consumer prices rose 3.0% in September from a year earlier, data showed on Friday, marking the fastest pace in eight years and exceeding the central bank's 2% target for the sixth ...
Japanese yen slumps to 32-year low vs. U.S. dollar, Nikkei ends lower on U.S. recession woes
The Japanese yen dropped past the psychologically important 150 level versus the U.S. dollar on Thursday, marking the first time the currency has dropped to this level since 1990. Market analysts here ...
Crypto Price Check: Bitcoin Flat; Aptos Has a Rocky Launch
Bitcoin at last check was barely moved the needle to $19,044.37, according to data firm CoinGecko. Ether, the native currency of the ethereum blockchain, was flat at $1,284.83, while dogecoin was up ...
Although the crypto hype is fading, 3 VCs say there’s still ‘low-hanging fruit’ opportunities in Web3 security and compliance. Here’s why.
VCs told Insider that Web3 security and compliance are in their infancy, as illustrated by recent crypto hacks.
Crypto Lawyer Kyle Roche Exits Firm Weeks After Controversial Video Leak
Roche Freedman cut ties with its founding partner days after a judge said the firm carried too much “metaphorical baggage.” ...
‘People were sucked into schemes’: Inside Molly White’s campaign against crypto
Crypto winter had just started when software engineer Molly White launched her blog, Web3 is going just great. She’s now one of the most influential blockchain skeptics.
Dividend recaps surge amid IPO standstill
Borrowers in Asia Pacific ex-Japan have raised $1.49bn year-to-date from five dividend recap deals, shows Dealogic. In comparison, two deals worth $853m were sealed in 2021, and $782m from four deals ...
BOJ conducts emergency bond buying to underpin debt market, but yields keep rising
Japan's central bank on Thursday said it would hold emergency bond-buying operations, offering to buy some $667 million in government debt, a move designed to put a floor under bond prices. The ...
Japanese yen hits 150 against the U.S. dollar, weakest levels not seen since August 1990
The Japanese yen weakened past 150 against the U.S. dollar, a key psychological level, reaching levels not seen since August 1990.