Crypto criminals may not be the only ones trying to hide their illicit fund movements across blockchains. According to analytics company ...
BlockDAG’s $57.6M Presale Boom Rocks 2024 Crypto World; More On Polygon dApp Volume & Solana Rebound
Despite recent market swings, Polygon dApp volume remains a vital indicator, hinting at underlying market forces that might predict future trends. Concurrently, tokens based on Solana are recovering ...
SoftBank’s Paytm stake falls to under 1% from 18% in IPO
The Masayoshi Son-led Japanese investment giant, which had infused over $1 billion into Paytm and held about 18% stake in the firm at the time of its IPO in 2021, has been trimming its shareholding in ...
Japan’s Nikkei Closes Lower, With Markets Affected by U.S. Tech Stock Selloff
Japanese stocks ended lower, dragged by falls in electronics and financial stocks, as U.S. tech stock selloffs overnight led to sharp drops in bond yields. Tokyo Electron Ltd. lost 6.2% and Dai-ichi Life Holdings shed 4.
Finance Minister meets State Minister at Japanese Foreign Ministry
Minister of Finance and Economic Planning, Dr. Jibril Ibrahim, met on Friday, in the presence of the Chargé d'Affairs of the Embassy of Sudan in Tokyo, Ali Mohamed Ahmed Osman, with Mr. Kiyoto Tsuji, ...
Japan consumer inflation to quicken as BOJ weighs interest rate hikes: Reuters poll
Japan's core consumer inflation probably picked up in June for a second straight month, a Reuters poll of 18 economists showed, keeping the central bank under pressure to raise interest rates.Separate ...
BOJ likely conducted rate checks in euro/yen, Nikkei says
The Bank of Japan conducted rate checks with banks on the euro against the yen on Friday, the Nikkei newspaper reported, citing several sources.
Will yen weakness force Bank of Japan’s hand?
Although the yen’s long-term weakening has root causes that monetary policy cannot address, in the short term, it is driven in part by the differential between the Bank of Japan’s interest rate and ...
Japan’s Yen Hands Back Some Gains After Likely Intervention
It looks like Japan has intervened again to prop up its currency— but the effect seems to be fading away quickly. The yen weakened back ...
Yen Bounces, Traders Wary of More Japan Intervention
The euro was last down 0.3% at 172.04 yen. Japan's Ministry of Finance was not immediately available for comment when contacted by Reuters. Daily operations data earlier in the day suggested the Bank ...
Yen Surges Amid Speculation of Japanese Intervention
Speculation was further fueled by the Bank of Japan's daily operations data showing the possibility that up to 3.57 trillion yen was spent on Thursday's intervention. While Tokyo's top currency ...
Japan may have spent 3.37-3.57 trillion yen on July 11 intervention, BOJ data suggests
Bank of Japan data suggested on Friday (Jul 12). The Ministry of Finance appears to have spent around 3.37-3.57 trillion yen intervening in the market on Thursday to support the Japanese currency, the ...
Japan may have spent over $22 billion in FX intervention
Bank of Japan data suggested on Friday. The Ministry of Finance appears to have spent around 3.37-3.57 trillion yen intervening in the market on Thursday to support the Japanese currency, the data ...
Japan’s government set to trim economic growth forecast, sources say
Japan is expected to slightly cut its forecast for economic growth of 1.3% in the fiscal year ending March 2025 as consumption takes a hit from rising import costs due to a weakening yen, two ...
Japan steps up yen warnings, data suggest intervention
data released later on Friday suggested Japan may have spent up to 3.57 trillion yen ($22.4 billion) intervening in the foreign exchange market to prop up the sagging currency. Masato Kanda, who is ...
Japan policymakers step up yen warnings after spike but stay mum on intervention
The yen surged nearly 3 per cent on July 11 in its biggest daily rise since late 2022 Read more at straitstimes.com.