The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing stimulus. Higher AUD/USD?
Japan stocks higher at close of trade; Nikkei 225 up 0.49%
Japan stocks were higher after the close on Tuesday, as gains in the Glass, Chemical, Petroleum & Plastic and Banking sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.49%. The ...
Asia markets mixed as Japan GDP beats expectations, China July data disappoints
Japan saw its second quarter GDP rise by 6% on an annualized basis, while China saw its industrial output and retail sales figures for July.
Japan GDP grew 6%, easily beating expectations on robust exports
Economist surveyed by Reuters had expected the world's third-largest economy to post 3.1% growth in the April-June quarter.
Has Binance blown its chance to rule the crypto markets?
The exchange that looked best placed to benefit from last year’s collapse of FTX has instead found itself beset by regulatory setbacks ...
Japan’s Nikkei ends higher as chip shares track Wall Street gains
Investors' response to stronger-than-expected economic growth data was limited as the outcome was already expected, said Suzuki.
Japan to respond appropriately to excess forex moves: finance chief
TOKYO (Kyodo) -- Japan will take "appropriate" action in response to excessive forex moves and is closely watching market developments, Finance Minister Shunichi Suzuki said Tuesday after the yen ...
Japan’s Suzuki: Not targeting absolute levels on FX intervention
Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities are not targeting absolute currency levels when it comes to intervening in the market.Suzuki made the remark at a news confer ...
Japan yields follow Treasuries higher; weak demand at 5-year sale
The 10-year JGB yield rose 1 basis point (bp) to 0.625% as equivalent Treasury yields reached a nine-month high of 4.219% in Tokyo trading, ahead of the release of US retail sales and trade data later ...
USD/JPY retreats towards 145.00 as upbeat Japan statistics join US Dollar’s pullback ahead of Retail Sales
USD/JPY clings to mild losses around 145.50-45 heading into Tuesday’s European session as it prints the first daily loss in seven. In doing so, the Yen pair takes clues from the upbeat Japanese ...
Tokio Marine Southeast Asia Asset Sale Draws Japan Rivals, Sources Say
Japanese insurers Dai-ichi Life Holdings Inc. and Nippon Life Insurance Co. are among the firms considering bids for Tokio Marine Holdings Inc.’s life insurance business in Southeast Asia, according ...
Japan’s Goto highlights risk of global slowdown and effects of price hikes
After witnessing mostly upbeat economic data from Tokyo, Japan’s Economy Minister Shigeyuki Goto crossed wires, via Reuters, early Tuesday. The policymaker initially cited expectations of witnessing a ...
Coinbase launches independent pro-crypto policy group
Coinbase is launching an independent nonprofit organization for advancing pro-crypto legislation through Congress, hoping to build on recent legislative and legal wins for the digital asset industry.
Apple and Samsung to invest in SoftBank’s Arm at IPO
TOKYO: Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public offering (IPO), expected in September, Japan’s Nikkei newspaper reported on Tuesday.
Japan’s Nikkei tracks Wall Street higher; chip shares lead gains
Japan's Nikkei share average rose on Tuesday to track the overnight firm finish of Wall Street as investors scooped up stocks after sharp losses in the previous session, with chip-related shares ...
Japanese economic growth surges on strong exports and tourism
Japan's economic growth jumped at an annual pace of 6% in the April-June period, marking the third straight quarter of growth as exports and inbound tourism recovered ...