State-owned Life Insurance Corp. of India, with its distinctive blue and yellow logo, is ubiquitous across the country of 1.4 billion people. LIC controls nearly two-thirds of the Indian market, with ... ( read original story ...)
Nikkei closes at 2-week high after retail sales data lifts Wall Street
Japan's Nikkei rose to its highest close in nearly two weeks on Wednesday, with technology heavyweights leading the rally, after Wall Street closed sharply higher overnight on strong retail sales data ... ( read original story ...)
Nikkei ends higher in 4-day rally on tourism recovery hopes
Tokyo stocks rose Wednesday, with the Nikkei index seeing a four-day winning streak, as some tourism-related shares were bought on ho ... ( read original story ...)
Central Japan water leak affects plants near Toyota hub
A major water leak in central Japan on Wednesday disrupted supply to more than 130 businesses near the production centre of Toyota Motor Corp. The accident in Japan's manufacturing heartland ... ( read original story ...)
Bank of Japan deputy vows to maintain monetary stimulus despite price pressures
The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices, corporate profits, jobs and wages, its deputy governor said on Tuesday, dismissing speculation ... ( read original story ...)
Japan nuclear regulator grants initial nod to Fukushima water release plan
Japan's Nuclear Regulation Authority (NRA) granted an initial approval on Wednesday for a Tokyo Electric Power's (Tepco) plan for releasing water from the destroyed Fukushima nuclear power plant into ... ( read original story ...)
Japan’s Nikkei hits highest in nearly 2 weeks after Wall Street’s jump
Japan's Nikkei rose on Wednesday to its highest in nearly two weeks, with technology heavyweights leading the rally, after Wall Street closed sharply higher overnight on strong retail sales data. ( read original story ...)
Japan’s quarterly economy contracts as energy prices soar
Japan’s economy shrank at an annual rate of 1% in the first quarter, as rising prices and COVID-19 restrictions deadened spending and investment. The Cabinet Office says Japan’s real gross ... ( read original story ...)
Coinbase Responds to Storm Shaking Crypto Market
The crypto trading platform had planned to triple its employee headcount, but suspended hiring as its stock fell sharply. ( read original story ...)
The Great Crypto Grift May Be Unwinding
But the indictment came during what is increasingly looking like the unwinding of the great crypto “bezzle.” The term comes from John Kenneth Galbraith’s classic account of the 1929 stock-market crash ... ( read original story ...)
Japan manufacturers’ mood slips to 15-month low in May – Reuters Tankan
May manufacturers' sentiment index +5 vs April +11 * Manufacturers' mood hits lowest since Feb 2021 * May service sector index +13 vs +8 in April . By Daniel Leussink . TOKYO, M ... ( read original story ...)
Japan’s Economy Shrinks on Trade Drag, Omicron Consumption Hit
Japan’s economy shrank in the first three months of this year as the omicron variant swept across the nation, with lingering supply snarls and soaring import prices adding to the unfavorable ... ( read original story ...)
Japan’s Q1 GDP shrinks as Ukraine, cost of living cloud outlook
Japan's economy fell for the first time in two quarters in the first three months of the year as COVID-19 curbs hit the service sector and the Ukraine war and surging commodity prices created new ... ( read original story ...)
Japan Cabinet OKs 2.7 tril. yen draft extra budget to fight inflation
Japan's Cabinet approved Tuesday a 2.7 trillion yen ($21 billion) draft extra budget for fiscal 2022 to ease the pain of surging ener ... ( read original story ...)
All Those Celebrities Pushing Crypto Are Not So Vocal Now
Crypto boosters such as Matt Damon, Reese Witherspoon and Gwyneth Paltrow have been criticized for hyping virtual currency without highlighting the risks. ( read original story ...)
Mark Cuban says that crypto is ‘going through the lull’ that the early internet saw — here are 3 simple ways to bet on a big bounce
In recent months, many new crypto investors have learned a hard lesson: Prices don’t always go up. For instance, Bitcoin — the largest cryptocurrency in the world — is down 37% year to date and 57% ... ( read original story ...)