Over recent weeks the warnings from Tokyo had been building. Descriptions of one-sided moves and moves out of line with fundamentals morphed into more explicit threats to intervene. Today those ...
Japan central bank acts to stem yen’s decline against dollar
Japan’s central bank took the unusual step Thursday of intervening in the market to stem the yen’s decline against the U.S. dollar. Earlier in the day, the dollar rose to 146 yen — a 24-year low — ...
Japan Moves To Support Slumping Yen In First Currency Market Intervention Since 1998
The dollar had its biggest one-day move against the yen in more than two years Thursday as Japan moved to strengthen its currency through direct foreign exchange market intervention.
Japan intervenes in currency market to halt slide of yen
The government and the Bank of Japan on Sept. 22 intervened in the foreign exchange market in Tokyo to prop up the yen after the Japanese currency hit its lowest level in 24 years.
Explainer: Japan intervenes in the currency market, now what?
Japan intervened in the currency market on Thursday to buy yen for the first time since 1998, in attempt to shore up the hard-hit currency after the Bank of Japan stuck with ultra-low rates.
Japan government intervenes to bolster cratering yen
Japan's finance ministry said Thursday it intervened in the currency market to bolster the yen, which has plummeted against the dollar in recent months on the widening policy gap between the US and ...
Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates
Japan intervened in the currency market on Thursday to shore up the battered yen for the first time since 1998.
How Binocs Promises To Help Keep Crypto Investors Out Of Trouble
Binocs believes its technology provides a solution to this issue. Investors plug their crypto accounts into Binocs’ app and it pulls in a read-only view of the underlying data i ...
Don’t believe the ‘maximalists’: bitcoin can’t be separated from crypto
It usually starts with something designed to appease — some kind of agreement that crypto is immoral, a scam, or some version of a Ponzi scheme. But then it quickly changes course, to explain that ...
Crypto tax reporting app Binocs helps users navigate regulations
Keeping up with tax compliance for cryptocurrency can be tricky, especially since many laws are new (or haven’t been written yet). That’s why Binocs was founded. Users integrate their exchanges and ...
SoftBank looks to form a ‘strategic alliance’ between Arm and Samsung
SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung Electronics to discuss a potential "strategic alliance" between the South Korean tech giant and chip ...
Salik Company PJSC successfully completes bookbuild for IPO raising over $1bn
Overwhelming demand with IPO oversubscribed more than 49x across all tranches highlighting strong confidence in Salik’s story; Offering attracted tremendous interest amongst the ...
Japanese stocks sink to two-month low after Fed, BOJ decisions
Japanese shares on Thursday closed at their lowest in more than two months, as investors reacted to the U.S. Federal Reserve's hawkish projections and the Bank of Japan's decision to maintain its ...
Is Ether A Security? How The Merge Reignited Questions Around Crypto Regulation
As the Ethereum merge fades into the background, and even the potential disruption caused by the ETHPoW has seemed to fizzle out, several questions have come back to forefront; how should crypto be ...
Crypto Exchange CoinFlex Floats Plan for Creditors to Own 65%
Cryptocurrency exchange CoinFlex has detailed a restructuring plan in which creditors will own 65% of the company, with a vote on the proposal coming over the next week.
Investors eye Tokyo markets, govt. and BOJ responses
Bank of Japan policymakers are expected to stick to their massive easing measures after they wrap up a two-day meeting on Thursday.