The Nikkei stock average ended the day up 1.84% at 26,246.31, after gaining as much as 2.5% during the session. At the start of the week, the benchmark index had dipped to a low of 25,520.23 for the ... ( read original story ...)
Japan PM Kishida backs BOJ ultra-easy policy while yen worries mount
TOKYO :Japanese Prime Minister Fumio Kishida said on Tuesday the central bank should maintain its ultra-loose monetary policy, brushing aside opposition calls that the policy be tweaked to target ... ( read original story ...)
Government weighs fate of floundering Cool Japan Fund
Japan's government-backed Cool Japan Fund, an investment vehicle aimed at promoting the country's cultural exports and boosting inbound tourism, is attracting criticism for failing to achieve its ... ( read original story ...)
Crypto’s latest meltdown leaves punters bruised and bewildered
For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings - and earn some spending money from its double-digit interest rates along the way. ( read original story ...)
Cryptoverse: Crypto lenders face a DeFi drubbing
Crypto lending may not be down and out, but it's certainly on the ropes. Crypto lenders have boomed over the past two years, attracting tens of billions of dollars in bitcoin, ether and other coins ... ( read original story ...)
Workers at collapsed crypto operator Terraform Labs put on no-fly list
South Korean prosecutors have banned Terraform Labs employees from leaving the country as an investigation into the company and its co-founders deepens after the $40bn implosion of its cryptocurrency. ( read original story ...)
The Bank of Japan’s policy mix is ‘not really sustainable,’ says Goldman Sachs
Zach Pandl of the investment bank says that Japan, because of yield curve control, is "importing the volatility in the U.S. macroeconomy." ... ( read original story ...)
The Weak Yen Could Push Japan Further Into Stagnation
Japan is still trying to export its way out of stagnation by devaluing the yen, but it won't work. On the contrary, it may worsen the situation, as Japan is dependent on commodity imports to grow its ... ( read original story ...)
Japan’s Nikkei rebounds from 3-month low as cyclical stocks gain
TOKYO, June 21 (Reuters) - Japan's Nikkei climbed on Tuesday after falling to a three-month low in the previous session, as investors scooped up beaten-down cyclical stocks, while U.S. futures ... ( read original story ...)
Japan Finance Minister says to respond to FX moves appropriately if necessary
Japanese Finance Minister Shunichi Suzuki said on Tuesday that he was concerned about recent sharp yen weakening and would appropriately respond to the exchange market moves if necessary.Suzuki also t ... ( read original story ...)
Crypto investors’ hot streak ends as harsh ‘winter’ descends
As prices plunge It’s a dizzying turn of events for investments and companies that at the start of 2022 seemed to be at their financial and cultural apex. Crypto-evangelizing companies ran commercials ... ( read original story ...)
Japan on Alert for Greenwashing as It Lends $40 Billion for ESG
A Japanese government-backed bank is set to spend about $40 billion for sustainable purposes, and it will scrutinize the use of funds to ensure companies aren’t greenwashing. ( read original story ...)
Japan startups see Kishida’s ‘new capitalism’ as road without map
Japanese entrepreneurs striving to grow startups have joined economists, market participants and business leaders in wondering what Prime Minister Fumio Kishida's talk of "new capitalism" means for ... ( read original story ...)
Crypto has a trust problem. Here’s why brands need to win over consumers even as many slash their marketing budgets
Crypto needs to rebuild trust with consumers, but many companies are facing layoffs and budget cuts that will affect their ability to advertise effectively. ( read original story ...)
Roundup: Japan’s Nikkei closes at 5-week low on concerns over slowing growth as central banks hike rates
Japan's benchmark Nikkei stock index ended at a five-week low on Monday on mounting concerns that the U.S. Federal Reserve's continued aggressive monetary policy will slow economic growth. ( read original story ...)
CryptoCodex: Your Free Essential Briefing On What’s Driving The Day In The World Of Bitcoin And Crypto
Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex—A daily newsletter for traders, investors and the crypto-curious. ( read original story ...)