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Tag: finance

Posted on 07/05/2024

Bank of Japan to scrutinise yen moves in guiding policy: Governor Ueda

BANK of Japan governor Kazuo Ueda said on Tuesday (May 7) the central bank will scrutinise recent yen moves in guiding monetary policy as they could significantly affect the economy and prices. Read ...

Posted on 07/05/2024

US crypto super PACs have raised more than $100 million, report says

Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to ...

Posted on 07/05/2024

It Took Decades, but Japan’s Working Women Are Making Progress

Employers have taken steps to change a male-dominated workplace culture. But women still struggle to balance their careers with domestic obligations.

Posted on 07/05/2024

Japan Tells US That Biden’s ‘Xenophobia’ Comment Is Regrettable

TOKYO (Reuters) - Japan has described as "regrettable" U.S. President Joe Biden's comment that "xenophobia" is stifling the Asian nation's economic growth, the top government spokesperson said on ...

Posted on 07/05/2024

Many Banks in Japan Raise Deposit Rates after BOJ Action

"The importance of gathering deposits as resources of our business operations will increase further," Masahiro Kihara, president of Mizuho Financial Group Inc., one of Japan's top three banking groups ...

Posted on 07/05/2024

Japan warns of action over volatile currency, notes other nations too share the concerns

Japan is reluctant to intervene in the currency market considering its limited available dollar cash reserves and US Treasury Secretary Janet Yellen's comments that such moves were acceptable only in rare circumstances, said Hideo Kumano, chief economist at Dai-ichi Life Research Institute.

Posted on 07/05/2024

Japan may have spent US$23.59-billion in latest attempt to prop up yen: central bank data

On Wednesday, the yen was trading at around 157.55 per dollar when it suddenly spiked, strengthening as far as 153 over the following half-hour

Posted on 07/05/2024

Australia seeks client data from crypto exchanges in tax crackdown

Australia's tax office has sought from crypto currency exchanges the personal data and transaction details of up to 1.2 million accounts as it looks to crack down on users who may be failing to pay their taxes amid a rising interest in digital tokens.

Posted on 07/05/2024

Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month

Crypto venture capital funding has exceeded $1 billion, signaling sustained investor interest in the industry. In April, a total of $1.02 billion was raised across 161 investment rounds, slightly lower than the $1.09 billion recorded in March from 186 rounds.

Posted on 07/05/2024

Japan’s Nikkei closes at 3-week high on US rate-cut outlook, tech boost

TOKYO, May 7 (Reuters) - Japan's Nikkei share average jumped more than 1% on Tuesday, as investor sentiment brightened on higher bets of U.S. interest rate cuts this year while technology shares ...

Posted on 07/05/2024

Rainbow Robotics participates in ICRA 2024 in Yokohama, Japan: Bimanual Mobile Manipulator ‘RB-Y1’ debuts overseas

It would benefit the crypto industry in the long run if more people would acknowledge many big blockchains are failures. Apple cofounder Steve Wozniak's space data startup, Privateer, has raised $56.5 ...

Posted on 07/05/2024

Japan’s Nikkei climbs on Fed rate-cut outlook, tech boost

TOKYO, May 7 (Reuters) - Japan's Nikkei share average jumped more than 1% on Tuesday, as investor sentiment brightened on higher bets of U.S. interest rate cuts this year while technology shares ...

Posted on 07/05/2024

Japan’s service activity extends gains on solid demand, PMI shows

Japanese service sector activity grew at the fastest pace in eight months in April thanks to solid business and consumer spending, a private survey showed on Tuesday, results that should keep the ...

Posted on 07/05/2024

Japan warns of action over rapid currency moves

Japan may have to take action against any disorderly, speculative-driven foreign exchange moves, the government's top currency diplomat Masato Kanda said on Tuesday, reinforcing Tokyo's readiness to ...

Posted on 07/05/2024

Japan vows to respond appropriately to disorderly yen moves

Japan will respond appropriately to excessive volatility in the foreign exchange market, its top currency diplomat said Tuesday in a ...

Posted on 07/05/2024

SEC warns Robinhood that its crypto business faces lawsuit

The US Securities and Exchange Commission warned Robinhood Markets Inc. that it faces enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its ...

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