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Tag: finance

Posted on 03/06/2024

Japan to Finalise Long-Term Fiscal Roadmap as Early as June 21, Sources Say

TOKYO (Reuters) - Japan's government will finalise this year's long-term fiscal and economic roadmap as early as June 21, three government and ruling party sources told Reuters on Monday.

Posted on 03/06/2024

Markets in 2 Minutes: Japan Is Where Central Bank Matters Most

Paul Dobson and Kriti Gupta break down today's key themes for analysis and investors on "Bloomberg Markets Today." Love Island host Maya Jama defends the new line-up as she pleads with viewers not to ...

Posted on 03/06/2024

Japan confirms 9.8 tril. yen market intervention

Japan's Finance Ministry has confirmed that the country funneled nearly 9.8 trillion yen into the currency market over the past month to prop up the yen. Ministry officials revealed on Friday that the ...

Posted on 03/06/2024

Japan stocks higher at close of trade; Nikkei 225 up 1.16%

Japan stocks were higher after the close on Monday, as gains in the Gas & Water, Chemical, Petroleum & Plastic and Finance & Investment sectors led shares higher. At the close in Tokyo, the Nikkei 225 ...

Posted on 03/06/2024

Japanese Exchange DMM Bitcoin Suffers Significant Hack, Over $300M Stolen From Wallet

Japanese cryptocurrency exchange DMM Bitcoin announced on Friday that over $300 million worth of Bitcoin (BTC) was stolen from its primary wallet.

Posted on 03/06/2024

Japan’s Nikkei tracks Wall Street higher on broad-based rally

TOKYO: Japan’s Nikkei share average rose on Monday, buoyed by a stellar performance on Wall Street as investors held onto hopes for US interest rate cuts this year. The Nikkei was up 0.9% at 38,849.65 ...

Posted on 03/06/2024

Nikkei May Rise on Weaker Yen, Easing Borrowing Cost Concerns

Japanese stocks may rise on a weaker yen and as concerns ease about borrowing costs.

Posted on 03/06/2024

KKR Weighs Entering Private Credit in Japan to Challenge Banks

KKR & Co. is considering entering the private credit market in Japan to provide an alternative to bank loans. “It will be a medium to long-term initiative,” Hiro Hirano, the head of KKR Japan said in ...

Posted on 03/06/2024

Sharp Corp. Shares Rise on Plan to Set Up Data Center Using Nvidia Chips

Sharp Corp. shares rose sharply after news that it plans to set up a data center in Osaka using Nvidia chips along with Japanese tech start-up Datasection and telecoms firm KDDI. Shares of electronics ...

Posted on 03/06/2024

Japan Post Goes Slow in Buying Longest Bonds After BOJ Rate Hike

Japan Post Insurance Co. is holding off from buying most domestic super-long bonds, due to concern that the central bank’s reduction of debt purchases may weigh on the market.Most Read from ...

Posted on 03/06/2024

Japan’s May factory activity expands for first time in a year, PMI shows

Japan's factory activity expanded for the first time in a year in May, a private-sector survey showed on Monday, but overall growth was modest and demand was still subdued while a weak yen raised the ...

Posted on 03/06/2024

USD/JPY Forecast: Japanese Capital Spending and PMI Impact on the Yen

With Japan’s capital investment softening and PMI modestly up, the Yen’s trajectory hangs on BoJ forward guidance amid evolving economic signals.

Posted on 03/06/2024

Japan’s capital spending up 6.8% in Jan.-March

Capital spending by Japanese companies in the January-March quarter increased 6.8 percent from a year earlier, the Finance Ministry s ...

Posted on 03/06/2024

Indonesian social commerce startup Evermos eyes IPO in 2 years

TOKYO -- Indonesian social commerce startup Evermos is eyeing an initial public offering in two years, co-founder Iqbal Muslimin said in an interview with Nikkei Asia, as the five-year-old company ...

Posted on 03/06/2024

Japan stocks higher at close of trade; Nikkei 225 up 1.27%

Japan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Manufacturing and Transportation Equipment sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 1.27% ...

Posted on 03/06/2024

Rakuten Group Leads Trio Of High Insider-Owned Growth Stocks On Japanese Exchange

As global markets navigate through a period of mixed signals and cautious optimism, Japan's stock market exhibits a nuanced landscape with the Nikkei 225 Index experiencing slight declines while the ...

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