Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.
Japan’s Nikkei reclaims 39,000 level for first time since April
TOKYO: Japan’s Nikkei share average rose more than 1% on Monday, hitting 39,000 points for the first time in a month as a record closing high on Wall Street continued to fuel positive investor sentiment. The Nikkei was 1.44% higher at 39,346.92 by the ...
Japan closely monitoring weak yen and bond market, Finance Minister says
TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about the negative implications of the current weakness in the yen and its effect on incentives to increase ...
Dollar steady; ether fuels crypto rally
The dollar was firm on Tuesday while the yen struggled on the weaker side of the 156 level, though trade was mostly rangebound as investors generally stuck to their views of the expected timing and ...
Nikkei retakes 39,000 level for first time since mid-April
TOKYO: Japan’s Nikkei share average rose on Monday, hitting 39,000 points for the first time in a month, as higher expectations for US interest rate cuts continue to keep market sentiment upbeat. The ...
Japanese regional bank operator to come under state control
Jimoto Holdings Inc., which operates two regional banks in northeastern Japan, is set to effectively come under state control after s ...
Crypto Prices Jump on Ether ETF Approve Hopes
Crypto prices jumped Monday afternoon after the Securities and Exchange Commission took what some investors interpreted as a positive step toward the potential introduction of the first U.S. exchange-traded funds holding ether.
Why crypto VCs are fretting about distributions: ‘Let them see the green’
Finance reporter Leo Schwartz here, filling in for Allie while she’s on her honeymoon. I’m still recovering from Fortune ’s Future of Finance conference in Midtown Manhattan last Thursday, a revival of a series that has been dormant since the pandemic, with the last confab hosted in Montauk in 2019.
Top 3 Japanese Exchange Growth Companies With High Insider Ownership In May 2024
Japanese equities are showing resilience with the Nikkei 225 Index gaining 1.5% despite economic headwinds and a range-bound yen. This backdrop sets an intriguing stage for investors looking at growth companies with high insider ownership,
What’s Up with Inflation Expectations in Japan?
Both actual inflation and inflation expectations increased recently in Japan after decades of being undesirably low. An estimate based on nominal and real Japanese bond yields adjusted for liquidity and other risk premiums confirms that investors’ long-term inflation expectations have also increased.
These are the must-watch crypto games for 2024
The final recommendation is Gunzilla's Off the Grid game, a popular battle royale game which has garnered attention from mainstream gamers and influencers alike. "When it is released, it'll be on ...
Crypto lender tied to FTX ordered to repay users $2 billion
A $2 billion settlement has been reached between New York Attorney General Letitia James and failed crypto lender Genesis to repay their investors. The settlement is said to be the largest against a ...
To Avoid Danger, U.S. Must Lead on Crypto and Blockchain | Opinion
My fellow Democrats aren't trying to smother the emerging industry being born from artificial intelligence—they're trying to establish wise and fair rules.
As bitcoin rallies past $67K, this is why the crypto is still ‘king’
With bitcoin trading at a price above $67,000 at the time of writing, bitcoin's current market value does not appear to factor in the significant milestones it has recently achieved, Arnold added.
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.
Top CEO Bets On A Shock Biden Crypto Flip As Congress Hurtles Toward A ‘Crucial’ Vote That Could Blow Up The Price Of Bitcoin, Ethereum And XRP
U.S. lawmakers are on the brink of a landmark crypto vote that some of the biggest crypto companies have called "crucial" for the future of the U.S.