World shares tumbled Friday, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy. The declines followed a retreat on Wall Street after weak ...
Japan’s finance minister hopes yen rebound will lower import costs
Japan is closely monitoring foreign exchange movements and hopes the recent rebound in the yen can push down import costs, Finance Minister Shunichi Suzuki said on Friday. After languishing at 38-year ...
Nikkei stock index tumbles in morning on US recession fears
TOKYO (Kyodo) -- Japan's Nikkei stock index briefly slid over 2,000 points Friday morning to a six-month low, in a global market rout stirred by concerns over a recession in the United States after weaker-than-expected economic data. The 225-issue Nikkei ...
Japan’s Suzuki: Will analyze the impact of forex volatility on economy, respond appropriately
Japan Finance Minister Shunichi Suzuki said on Friday that they “will analyze the impact of forex volatility on the economy, respond appropriately.” Will continue to closely monitor forex movements.
Japan closely watching financial market developments: finance chief
TOKYO (Kyodo) -- The government is closely monitoring developments in financial markets after the yen rose sharply and stocks tumbled following the Bank of Japan's interest rate hike, Finance Minister ...
Bitcoin Keeps Weekly Loss as ‘Anti-Risk’ Yen Strengthens After BOJ Rate Hike
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.
Bitcoin Investors Are Watching Bank of Japan Moves Ahead of Fed Rate Decision
The Federal Reserve isn’t expected to lower interest rates Wednesday, but the Bank of Japan’s move could have consequences for crypto prices.
Bank of Japan Raises Rates, Driving Up Yen
The Bank of Japan raised key interest rates and decided to reduce government bond purchases, taking another step toward unwinding massive monetary stimulus.
BoJ provides more fuel for Japan’s dramatic bank rally
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Stock market today: World shares are mostly lower as Tokyo sinks on stronger yen
Global markets were mostly lower and Japan’s stock index tumbled Thursday as the U.S. dollar sank against the yen after the head of the Federal Reserve suggested a cut to interest ...
‘This Is Huge’—Billionaire Mark Cuban Issues ‘Amazing’ Bitcoin And Crypto Prediction Amid Price Drop
Billionaire investor Mark Cuban has called a California plan to digitize 42 million car titles using blockchain "an amazing step forward" and "huge" for ...
Japan diaper material maker plans $110m expansion at Indonesia plant
OSAKA -- Nippon Shokubai, the world's largest supplier of absorbent material for disposable diapers, will spend $110 million to expand production capacity in Indonesia by more than 50%, Nikkei has learned. The Osaka-based company will install more ...
BellaDati, IoT Framework and advanced analytics software producer has been acquired by Hagiwara Electric Group, Tokyo Stock Exchange listed Company
SINGAPORE, Aug. 1, 2024 /PRNewswire/ -- "Acquisition of all BellaDati shares by Hagiwara Electric Group (Tokyo Stock Exchange listed company) is an amazing step ahead for BellaDati on its mission to ...
Japan’s Nikkei slump more than 3%
The Nikkei average briefly plunged over 3 percent before ending 2.49 percent lower at 38,126.33, dragged down by auto, electronic and real estate stocks. The broader Topix index settled 3.24 percent lower at 2,
Asian shares extend global rally, Nikkei an outlier as yen surges
Asian shares rallied on Thursday, tracking a huge revival in global tech stocks helped by Meta and Nvidia, while prospects of imminent policy easing in the U.S. boosted global bonds and commodities.
Nikkei stock index plunges over 3% as yen rises further
The Nikkei stock index sank over 3 percent Thursday morning to below the 38,000 mark, as exporters took a hit from the yen's brief ri