It said losses this fiscal year may swell to $12.8 billion, triple an estimate made less than a month ago. Read more at straitstimes.com.
Mexican Food Chain Guzman Y Gomez Soars After Australia’s Biggest IPO of 2024
SYDNEY—Guzman y Gomez, a Mexican food chain that says it wants to operate as many restaurants in Australia as McDonald’s, began trading on Australia’s stock exchange following the country’s biggest ...
Guzman Y Gomez surges 37% in hottest Australian IPO in three years
It was the biggest first-day gain by a large Australian company since 2021 and the country's third-best performing IPO in five years ... It also has outlets in Japan, Singapore and the United States.
Japan’s Nikkei falls as heavyweight stocks track European stocks
TOKYO: Japan’s Nikkei share average fell on Thursday, tracking declines in European stocks in the previous session, with heavyweight stocks dragging the index lower. The Nikkei fell 0.64% to 38,324.1 ...
Japan Post Bank to buy more bonds in light of BOJ taper plan
Japan Post Bank has ramped up investment in JGBs with the balance of holdings totaling ¥5.15 trillion as of March, expanding 1.5-fold from levels in December last year.
Tokyo Shares Lower In Morning Trade
Tokyo stocks opened lower on Thursday as European markets drifted downwards overnight, while Wall Street was closed.
Century-old Japanese bank sends warning to world on higher-for-longer rates
Norinchukin Bank warned that losses this fiscal year may swell to 1.5 trillion yen (S$12.8 billion). Read more at straitstimes.com.
JGBs Edge Higher; Focus on Reports of Japan’s Debt-Issuance Duration-Shortening Plan
0028 GMT — JGBs edge higher in the morning Tokyo session, with traders digesting reports of Japan’s debt-issuance duration-shortening plan. Media reported on the contents of a proposal by a Ministry of Finance study group on sovereign debt management ...
Japan’s Eneos, Mitsubishi to expand alliance into hydrogen, decarbonised fuels
TOKYO, June 18 (Reuters) - Japan's top oil refiner, Eneos Holdings (5020.T ... quarter room revenue in the UK as weekend bookings were slightly lower. Sustainable Finance & Reportingcategory Musk plans stock option grants to Tesla's high-performers ...
Japan’s Century-Old Bank Sends Warning to World on Higher-for-Longer Rates
While Norinchukin and the Japanese government have expressed confidence in the bank’s ability to weather the losses, the episode is a reminder of the dangers still lurking in the financial system 15 ...
Germany to push for Chinese contributions to climate finance
Germany will push China to contribute to global climate finance to help poor countries with their mitigation and adaptation measures, State Secretary Jennifer Morgan told Nikkei Asia on Wednesday ...
Pantera’s $200 million AI bet signals a seismic shift in crypto investments
With a $200 million investment in AI, Pantera Capital leads the way in merging crypto and artificial intelligence.
Get Amped with BlockDAG: Crypto Earnings Like Never Before; Calling All GALA & ONDO Traders!
In recent developments within the cryptocurrency sector, the vibrant and evolving digital currency market is attracting investors by offering significant returns and the potential to revolutionize the financial framework.
Nikkei May Decline as Caution Continues About BOJ Policy Outlook
Japanese stocks may decline as concerns continue about the Bank of Japan’s policy outlook and borrowing costs.
With Donald Trump’s rumored memecoin, the presidential crypto circus has begun—and it’s only going to get worse
Recent speculation around Trump's blockchain plans shows why crypto will be an agent of chaos for the upcoming elections.
Japan’s stock market revival could hold lessons for Singapore despite fundamental differences
SINGAPORE’S stock market has been languishing in recent years amid low liquidity and a dearth of new listings. Read more at The Business Times.