China’s mom-and-pop investors are rushing to buy Japanese equity products as the stock market at home shows little sign of a revival.
Japan’s GDP revised sharply higher, grew 2.7% in the first quarter on robust spending
Economists surveyed by Reuters had expected to see growth of 1.9%. The Japanese yen strengthened by 0.14% to 139.98 against the U.S. dollar shortly after the release, while the Nikkei 225 rose 0.17% ...
South Korea plans to discuss bilateral FX swap with Japan, Finance Minister says
South Korea will discuss with Japan re-establishment of their bilateral foreign exchange swap line that expired in 2015, its finance minister said on Thursday. "Current economic issues, including ...
Japan upgrades Q1 GDP as business spending picks up
Japan's economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in domestic spending and company restocking helped offset the hit to ...
Crypto: 24-hour cooling-off period included in ad overhaul
Crypto companies must offer customers a 24-hour "cooling-off period" in sweeping changes to how the digital assets can be marketed in the UK. New investors will have to wait a full day before they can ...
Crypto crackdown: UK follows US lead with new rules and regulations
As part of a package of measures designed to ensure those who buy crypto understand the risk, ‘refer a friend’ bonuses will also be banned.
First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst
Bitcoin retreats below $26.5K amid wider crypto decline as Binance, Coinbase-related fears linger. Insights: The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin ...
Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019
Years before he began taking on Binance as head of the SEC, Gary Gensler offered to advise the company, according to the crypto exchange's lawyers.
Japan Overall Bank Lending Rises 3.4% On Year In May
Overall bank lending in Japan was up 3.4 percent on year in May, the Bank of Japan said on Thursday - coming in at 602.335 trillion ...
Japan upgrades Q1 GDP on solid capex
March, revised data showed on Thursday, as a post-pandemic pickup in corporate and consumer spending helped offset the hit to exports from slowing global demand. With inflation running at a ...
Japan’s current account in black for third straight month
Japan posted a current account surplus for the third month in April as the trade deficit narrowed and income gains from overseas investment grew, government data showed, easing worries about declines ...
Visitors to 2025 Expo in Osaka can take ride on ‘spacecraft’ train
OSAKA--A futuristic-looking subway train featuring an exterior that resembles a spacecraft will provide a wow factor for the 2025 Osaka Kansai Expo. Osaka Metro Co. unveiled the design for the new ...
Don’t Bailout This IPO ‘CAVAstrophe’
Cava Group (CAVA), the Mediterranean focused fast-casual restaurant filed its S-1 on May 19, 2023. The company has not provided share price information yet, but the business is expected to be ...
Syngenta’s IPO is more relief than triumph
But it still sits on $17 billion of net debt, its prospectus shows. The company has earmarked 30% of the IPO proceeds to further shrink that liability. A smooth relisting in China’s mainland ...
Japan stocks lower at close of trade; Nikkei 225 down 1.82%
Japan stocks were lower after the close on Wednesday, as losses in the Banking, Transportation Equipment and Power sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 1.82%. The ...
Crypto is Gen Z’s most common investment. That may be risky, experts said
Crypto is the predominant investment among young investors, a report found. It generally shouldn't be more than a sliver of one's portfolio, experts say.