Japan's Nikkei share average suffered its biggest one-day percentage drop in a month on Thursday as worries that U.S. interest rates would stay at elevated levels rattle investors. The Nikkei closed down 1.
IPO Rebound in the US Fuels 2024 Optimism From Paris to Tokyo
Bankers and investors are optimistic that a string of initial public offerings will cap off a quiet year for new issuance before things accelerate in 2024.
Japan’s Nikkei hits one-month low on Fed’s higher-for-longer rate woes
Japan's Nikkei share average hit a one-month low on Thursday, as worries that the Federal Reserve's interest rates would stay at elevated levels crimp risk appetite. The Nikkei was down 1.73% at ...
Japan Finance Minister Suzuki Reiterates Warning Against Excessive FX Volatility
TOKYO (Reuters) - Japan won't rule out any options to deal with excessive currency volatility, Finance Minister Shunichi Suzuki said on Thursday, reiterating a warning against speculative moves on the ...
Binance tames up with Japan’s biggest lender to launch stablecoins
Binance Japan is planning to launch stablecoins denominated in the dollar, euro, and yen in Japan in 2024. The crypto exchange aims to introduce these tokens, and possibly more, through its ...
Japan insurers to report inappropriate practices after internal probes -Nikkei
Japan's four biggest casualty insurers found inappropriate business practices in dealings with more than 100 corporate clients combined after conducting internal probes on alleged price fixing, the ...
Bank of Japan’s July debate highlights rift in view on rate-hike timing
TOKYO, Sept 27 (Reuters) - Bank of Japan policymakers agreed on the need to maintain ultra-loose monetary settings but were divided on how soon the central bank could end negative interest rates, ...
Japan considers Tokyo, Osaka, others for English-only finance zones
Tokyo, Osaka, Fukuoka prefecture and Sapporo city -- as candidate for special business zones that Prime Minister Fumio Kishida wants to lure foreign asset management companies to open for business, ...
Japan considers Tokyo, Fukuoka, Osaka, Sapporo for special zones
TOKYO -- Japan will weigh up four municipalities -- Tokyo, Osaka, Fukuoka prefecture and Sapporo city -- as candidate for special business zones that Prime Minister Fumio Kishida wants to lure foreign ...
Crypto’s Wild D.C. Ride: From FTX at the Fed to a Scramble for Access
FTX’s demise and its leader’s upcoming trial haven’t stopped a major lobbying push by the industry this week, but the events have changed its tone.
Japan’s Nikkei recoups losses, ends higher on dividend hunting
TOKYO, Sept 27 (Reuters) - Japan’s Nikkei share average closed higher on Wednesday, rebounding from a one-month low as investors scooped up stocks to secure rights for dividend payouts which expire ...
Japan’s Fukushima cools on solar energy, pushing project providers to ‘give up’ to preserve environment
Fukushima city is starting to resist mega-solar energy projects as concerns grow about their impact on residents and the environment.
Japan’s FM Hints at Intervention as USD/JPY Breaks 149
The USD/JPY pair crossed the 149 mark on Tuesday, marking the yen’s worst level against the greenback since October 2022. The yen’s slide came on the same day when Japan’s finance minister issued his second warning to forex investors in just several hours.
China’s blueprint to dodging the Japan pitfall
China faces a crossroads in its modern economic history. Amid the turmoil and turbulent growth, it is at the cusp of potentially falling into the same trap that ensnared Japan decades ago. However, as ...
Klaviyo valued at $9.2 billion after pricing IPO above range
Marketing automation company Klaviyo secured a valuation of $9.2 billion in its initial public offering (IPO) on Tuesday, after pricing the share sale above its indicated range, according to ...
Japan’s MUFG Bank, two others lead $290 mln Sierra Space fundraising
MUFG Bank is among three Japanese firms leading a $290-million fundraising round for U.S. spaceship company Sierra Space, spearheading a commercial "spaceport" project in the southwestern region of ...