Meanwhile, the Nikkei newspaper reported that the Bank of Japan conducted rate checks with banks on the euro against the yen on Friday, citing several sources. Finance minister Suzuki declined to ...
Japan finance chief refuses to comment on possible forex intervention
Finance Minister Shunichi Suzuki on Friday declined to say whether Japan had intervened in the currency market overnight to shore up ...
Japan’s finance minister declines comment on possible yen intervention
Japan Finance Minister Shunichi Suzuki on Friday declined to comment on whether Japanese authorities had intervened in the currency market overnight t ...
Finance Minister Suzuki mum on whether Japan intervened in currency market
Japan’s Finance Minister Shunichi Suzuki on Friday voiced concerns over the yen’s weakness but declined to comment on whether the government intervened to prop up the yen on Thursday.
Japan policymakers threaten action against weak yen but stay mum on intervention
Japan's top currency diplomat said on Friday authorities would take action as needed in the foreign exchange market, resuming his jawboning after the yen's spike overnight raised market speculation ...
Japan’s Megabanks Are Said to Seek Deep Cuts to BOJ Bond Buying
Japan’s largest banks called on the Bank of Japan to make deep cuts to its monthly bond purchases during hearings of market participants at the central bank, according to people who attended. One ...
Asia-Pacific markets set for mixed open amid suspected yen intervention; U.S. inflation cools more than expected
Investors in Asia will also look toward the Fed decision on Wednesday night stateside, which will come after the country’s May inflation report on Wednesday ...
Major Crypto Updates: BlockDAG Targets $5M Daily in Presale! Solana Meme Coins Slide, RNDR’s Forecast Wavers
From dazzling the market early in 2024, Solana meme coins like WIF and POPCAT have seen a downturn in fortunes as the year progressed, mirroring the fluctuating forecasts for RNDR’s price. Amid this ...
Biden officials open crypto line
Plus: RFK Jr. social media ad sparks blowback from CNN’s Jake Tapper {beacon} Technology Technology The Big Story Biden administration opens line with crypto industry The move ...
Crypto Markets Entangled With $100B In Illicit Funds Since 2019: Report
Fresh data by on-chain analytics firm Chainalysis found that nine figures worth of illicit funds have found their way into the digital asset space.
Singapore’s Keppel DC REIT enters Japan with US$145mil data centre purchase
SINGAPORE: Singapore-listed data centre real estate investment trust Keppel DC REIT and sponsor Keppel are set to buy a data centre in Tokyo for 23.4 billion yen ($145 million), in the REIT's first ...
Japan warns recent exchange rate moves out of line with fundamentals
Japan’s top currency diplomat Masato Kanda said on Thursday (Jul 11) he was concerned about recent exchange rate moves that have become dominated by speculation and were out of line with fundamentals, ...
Japan rolls out new banknotes for the first time since 2004, but only 30% of the country’s many vending machines can accept them
and it will continue to play a significant role,” Bank of Japan Governor Kazuo Ueda said Wednesday morning, echoing comments by Finance Minister Shunichi Suzuki the previous day. Prime Minister Fumio ...
Japan’s yen surges after U.S. inflation data as traders monitor possible intervention
The yen has been combating sustained pressure since the Bank of Japan ended its monetary policy of negative interest rates in March. Japanese Finance Minister Shunichi Suzuki has backed the need for ...
Trump’s pro-crypto stance pressures Biden to adapt
With Republican National Committee's pro-crypto stance, Trump and Biden navigate the new political landscape ahead of 2024 election.
Asia markets mostly advance, Japan’s Nikkei crosses 42,000 mark, eyes on US CPI report
Pacific equity market mostly rose, as a rally on Wall Street overnight buoyed sentiment, as shares of US big tech soared amid greater confidence on Fed rate cuts this year. Investors await US CPI data ...