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Tag: finance

Posted on 25/07/2024

Ola Electric IPO expected in August; to raise $740 million via fresh issue, OFS: Report

Bhavish Aggarwal-led Ola Electric is expected to launch its widely-anticipated initial public offering as early as in the first fortnight of August. According to a report in Moneycontrol, through the ...

Posted on 25/07/2024

Japan’s Nikkei closes at one-month low on mixed US tech earnings

Japan’s Nikkei share average closed lower for a sixth consecutive session on Wednesday (Jul 24), as mixed earnings from major US tech firms and the yen’s continued rally weighed. Read more at The ...

Posted on 25/07/2024

Analysis-Japan’s novel FX intervention throws off investors

By Amanda Cooper and Brigid Riley LONDON/TOKYO (Reuters) -Japanese official buying to defend the yen is fast becoming a standard feature of the FX landscape in 2024, but authorities in Tokyo have ...

Posted on 24/07/2024

Nikkei 225 index diverges with yen ahead of BoJ decision

The Nikkei 225 index has recoiled in the past few weeks. It is nearing a technical correction as it dropped by 8% from the year-to-date high of ¥42,438 to the current ¥39,154, its lowest swing since ...

Posted on 24/07/2024

Japan’s Nikkei closes at one-month low on mixed US tech earnings, yen rally

Japan's Nikkei closes lower for the sixth consecutive day due to mixed U.S. tech earnings and yen's rally. Topix also falls. Market cautious ahead of Bank of Japan and Federal Reserve meetings. Big ...

Posted on 24/07/2024

Investors foxed by Japan’s revamped FX intervention blueprint

Japanese official buying to defend the yen is fast becoming a standard feature of the FX landscape in 2024, but authorities in Tokyo have switched up their methods, making it even trickier for ...

Posted on 24/07/2024

Japan’s Nikkei slides as Wall Street losses, yen rally weigh

The Nikkei slid 0.22% to 39,508.84 by the midday break, while the broader Topix was down 0.37% at 2,822.91. Wall Street ended slightly lower on Tuesday, while earnings from Alphabet and Tesla, the ...

Posted on 24/07/2024

Some members on Japan panel urge BOJ to raise rates to counter weak yen

The Bank of Japan must raise interest rates to prevent excessive declines in the yen, private-sector members of a key government council said at a meeting last week where Governor Kazuo Ueda was ...

Posted on 24/07/2024

Bank of Japan to weigh rate hike next week: RTRS

THE BOJ PLANS TO HALVE BOND BUYING IN THE COMING YEARS. Steven Englander of the bank discusses the outlook for interest rates in Japan and the United States. Media coverage of the US presidential ...

Posted on 24/07/2024

Asia markets open lower as traders assess Japan, Aussie business activity data and U.S. tech earnings

Australia saw its private sector activity expand at a slower pace in July, with the composite purchasing managers index at 50.2 compared to 50.7 in June, according to Juno Bank. The region will also ...

Posted on 24/07/2024

Ukraine Expects Japan To Continue Budgetary Support – Finance Minister

This was emphasized by the Minister of Finance of Ukraine, Sergii Marchenko, who met with Japan's Ambassador to Ukraine, Matsuda Kuninori and Senior Vice President of the Japan International ...

Posted on 24/07/2024

Exploring Value Opportunities On The Japanese Exchange In July 2024

Amid a backdrop of global market fluctuations, Japan's stock markets have recently shown signs of vulnerability, particularly within the technology sector due to heightened U.S. trade restrictions.

Posted on 24/07/2024

SET welcomes the listing of a holding company investing in chicken processor and distributor “FM”

The Stock Exchange of Thailand (SET) will list Food Moments pcl, a holding company with investment in manufactures and distributors of butchered and processed cooked chicken parts, on July 25, 2024 ...

Posted on 24/07/2024

Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings

Investors in Asia will also look at tech stocks to see if there is any spillover effect on EV stocks after Tesla earnings missed estimates.

Posted on 24/07/2024

Blackstone Bets on Growth in Private Credit Business Outside US

Blackstone Inc. is “doubling down” on opportunities in its international credit business, as it targets growth in a broader array of debt including local-currency investments, according the firm’s ...

Posted on 24/07/2024

Japan’s July Factory Activity Slips, Service Sector Solid, PMI Shows

The au Jibun Bank flash Japan composite PMI, which combines both manufacturing and service sector activity, rose to 52.6 in July from 49.7 in June.

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