Tokyo stocks fell more than two percent in morning trade on Thursday, weighed down by a sharp surge in the yen's value following Japanese and US central bank decisions.
Crypto startups to see $12 billion of venture capital funding in 2024
Crypto startups are poised to gain $12 billion from venture capital investments this year, according to DL News, with the sector already recording $5.5 billion in investments so far in 2024.
Could a Crypto App Be the Answer for Struggling Restaurants?
Ben Leventhal, the co-founder of Eater and Resy, is currently building a platform with the goal of reversing this trend: a loyalty app called Blackbird, which he hopes will make restaurants more ...
Yen Jumps After Bank of Japan Lifts Rates
The yen surged, after the Bank of Japan raised interest rates, signaled further policy tightening is likely, and and cited concerns about the historically weak c ...
Japan’s central bank should gradually hike rates to 1%, Suntory CEO says
The Bank of Japan should continue to gradually increase its interest rates up to the level of 1% by next year, Suntory Chief Executive Takeshi Niinami said on Wednesday.
ASML, Tokyo Electron Dodge New US Chip Export Rules, For Now
Tokyo Electron Ltd. and ASML Holding NV led a worldwide rally in semiconductor stocks after Reuters reported the Biden administration planned to exempt chip-equipment makers in Japan, the Netherlands ...
Japan’s Nikkei 225 rises as its central bank raises benchmark rate; Aussie shares hit all-time closing high
The Bank of Japan is expected to raise its benchmark interest rate and detail its plan to trim its rate of bond buying.
Yen surges to 150 per dollar after Bank of Japan hikes rates
The Japanese yen rallied to its strongest level to the U.S. dollar in more than four months after the Bank of Japan on Wednesday surprised the majority of economists by delivering an interest rate ...
Tokyo Steel Manufacturing Co., Ltd. (TOKSF)
July's market turmoil has hit some stocks harder than others, notably the big ones. And during that time the Russell 2000 small-cap index has roared back. Shares of Microsoft (MSFT) are falling more ...
Japan confirms $36.8 billion currency intervention as weak yen pushes BOJ to hike interest rates
Japanese authorities spent 5.53 trillion yen ($36.8 billion) to shore up the yen in July, official data published Wednesday showed.
Bank of Japan lifts rates as Fed inches towards cut
The Bank of Japan is expected to detail plans to taper its huge bond buying on Wednesday and debate whether to raise interest rates, signalling its resolve to steadily unwind a decade of massive ...
ASML, Tokyo Electron Shielded From US Chip Export Rules, For Now
Tokyo Electron Ltd. and ASML Holding NV led a worldwide rally in semiconductor stocks after Reuters reported the Biden administration planned to exempt chip-equipment makers in Japan, the Netherlands ...
Japan’s central bank raises its benchmark rate to 0.25%, aiming to halt the yen’s slide against the U.S. dollar
Japan's central bank raises its benchmark rate to 0.25%, aiming to halt the yen's slide against the U.S. dollar ...
Bank of Japan to debate rate hike, outline bond taper plan
The Bank of Japan is expected to detail plans to taper its huge bond buying on Wednesday and debate whether to raise interest rates, signalling its resolve to steadily unwind a decade of massive ...
Bank of Japan hikes key interest rate to 0.25%
The Bank of Japan addressed the weakening yen by raising its key interest rate to 0.25%. The move briefly strengthened the yen and boosted Tokyo's sto ...
Mizuho posts 17.9% Q1 earnings increase, bolstered by Japan’s end to deflation
Japan's third-largest lender by assets, Mizuho Financial Group , reported 17.9% growth in first-quarter profit on Wednesday as the long-awaited end of negative interest rates lifted profit margins on ...