While the collapse of crypto exchange FTX has spurred many U.S. lawmakers to call for new regulations, one economist offered a different take on Tuesday.
Stocks drift, bond yields jump after Japan surprises markets
Stocks are drifting on Wall Street, while bond markets around the world feel pain Tuesday after a surprise move from Japan’s central bank cranked up the pressure on an already slowing global economy.
United Airlines (UAL) to Start New Year With Flight Resumption
United Airlines' (UAL) flight resumption to two popular Asia destinations should create aviation jobs and multiple other indirect vacancies.
FirstFT: Bank of Japan stuns markets with policy change
The Bank of Japan stunned markets yesterday with a surprise change to its controversial yield curve control policy (YCC), triggering big swings in the currency, bond and equity markets. The BoJ is the ...
Magnitude 6 earthquake strikes south of Kermadec Islands -EMSC
An earthquake of magnitude 6.0 struck south of the Kermadec Island region on Tuesday, the European-Mediterranean Seismological Centre (EMSC) said. ( read original story ...)
Earthquake that hit Mie shook faraway Ibaraki and Fukushima
“Even a deep-focus earthquake can cause a tremor of 5 or more on the Japanese seismic intensity scale if it reaches a bigger magnitude,” he said. “I want the (Nov. 14) earthquake to be an ... ( read original story ...)
Bank Of Japan Joins The Pack
Good Morning Everyone! Dogecoin (CRYPTO: DOGE) is now worth more than Coinbase (NASDAQ: COIN)(largest U.S crypto exchange) and Silvergate (NYSE: SI) (largest U.S crypto bank) combined. Probably ...
Crypto contagion isn’t over and the lack of transparency means the industry is an ‘insider’s game,’ EY strategist says
Users often don't have the ability to fully evaluate crypto firms for themselves, even when businesses are transparent, one EY strategist warned.
Black Americans saw crypto as a path to building wealth. Now they’re bearing the brunt of its decline.
Black investors are more likely to own cryptocurrency than white Americans. It's left them more exposed to the tanking crypto market.
Japan’s Nikkei falls to 2-month low after BOJ’s policy tweak
Japan's Nikkei share average fell more than 2% to a two-month low after the Bank of Japan took steps to review its ultra-easy rate policy on Tuesday. The Nikkei share average fell over 2% to below 27, ...
The Bank of Japan Shocked Markets, but Not These Investors
Betting against the Bank of Japan has finally begun to pay off. Some think the central bank is just getting started on a more sweeping change in policy direction. Trades that bet that the Bank of ...
What the Bank of Japan’s surprise means for the world
Until last night (Tuesday morning Tokyo time), the Bank of Japan was the exception to the rule. Driving the news: In a surprise move, the central bank loosened its "yield curve control" that capped ...
Treasuries don’t need Japan
This post was originally meant to be about how Japanese investors have slowed their selling of Treasuries in recent months. Then the Bank of Japan announced its big year-end surprise! The BoJ decided ... ( read original story ...)
North Korea threatens ‘bold military steps’ against Japan after Tokyo ramps up defense spending
North Korea has threatened "bold" military action against Japan after Tokyo announced plans to double its military spending, something the U.S. has long encouraged. ( read original story ...)
As Bank of Japan switches gears, roaring dollar hits the skids
A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020. REUTERS/Kim Kyung-Hoon ... ( read original story ...)
Higher yields in Japan could cause them to leave the market, says Michelle Caruso-Cabrera
CNBC contributor Michelle Caruso-Cabrera and Bleakely's Peter Boockvar, join 'The Exchange' to discuss Bank of Japan shocking the markets with bond yield shift. ( read original story ...)