Tag: finance

Banking stocks, which have been driving the rally in Japanese equities, suffered the biggest drop since March 2020, as investors moved to take profit following the Bank of Japan’s rate hike.

TOKYO -- Japanese stocks extended losses Friday morning following a sell-off in U.S. stocks overnight. The benchmark Nikkei Stock Average plunged to 36,107.29 at one point, down 2019.04 points, or 5%, from the previous day's closing, marking a fresh ...

Japan's Finance Minister Shunichi Suzuki expressed optimism that the yen's recent rebound could help reduce import costs, highlighting the government's close monitoring of foreign exchange movements.

Japanese stocks fell sharply as the yen strengthened following the Bank of Japan’s rate increase this week and as signs of cooling U.S. economy hit shares on Wall Street overnight.

NIPPON SHOKUBAI CO., LTD. (hereinafter "Nippon Shokubai") headquartered in Osaka, Japan, hereby announces that the company resolved, at its board meeting held on July 30, 2024, to give approval to an ...

World shares tumbled Friday, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy. The declines followed a retreat on Wall Street after weak ...

Japan is closely monitoring foreign exchange movements and hopes the recent rebound in the yen can push down import costs, Finance Minister Shunichi Suzuki said on Friday. After languishing at 38-year ...

TOKYO (Kyodo) -- Japan's Nikkei stock index briefly slid over 2,000 points Friday morning to a six-month low, in a global market rout stirred by concerns over a recession in the United States after weaker-than-expected economic data. The 225-issue Nikkei ...

Japan Finance Minister Shunichi Suzuki said on Friday that they “will analyze the impact of forex volatility on the economy, respond appropriately.” Will continue to closely monitor forex movements.

TOKYO (Kyodo) -- The government is closely monitoring developments in financial markets after the yen rose sharply and stocks tumbled following the Bank of Japan's interest rate hike, Finance Minister ...

The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.

The Federal Reserve isn’t expected to lower interest rates Wednesday, but the Bank of Japan’s move could have consequences for crypto prices.

The Bank of Japan raised key interest rates and decided to reduce government bond purchases, taking another step toward unwinding massive monetary stimulus.

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Global markets were mostly lower and Japan’s stock index tumbled Thursday as the U.S. dollar sank against the yen after the head of the Federal Reserve suggested a cut to interest ...

Billionaire investor Mark Cuban has called a California plan to digitize 42 million car titles using blockchain "an amazing step forward" and "huge" for ...