The Nikkei 225 Index held steady above ¥50,000 after Japan published strong retail sales data and as the yen continued softening. It also reacted to the latest Tokyo CPI numbers and the growing ...
Solid Japan Economic Data Back Case for BOJ Rate-Hike
Resilient factory activity and consumption despite headwinds from tariffs and inflation suggest that conditions for the Bank of Japan to resume monetary tightening are being met.
JGB Yields Higher After Strong Tokyo Inflation Data
Japanese government bond yields were higher after stronger-than-expected Tokyo consumer inflation data bolster expectations for further rate increases by the Bank of Japan.
Cathie Wood bets big on surging crypto stock
Cathie Wood ’s ARK Invest has boosted its exposure to crypto-linked equities. ARK bought $16.5 million worth of Coinbase (NASDAQ: COIN) on Nov. 26. The Coinbase buy follows a series of recent ...
Popular crypto company loses millions in hack after $10B deal
Now, another piece of shocking news has emerged: a leading crypto trading exchange has lost millions of dollars in a hack. Launched in 2017, Upbit is the largest crypto trading exchange in South Korea ...
Japan needs to end its dangerous debt delusion
In effect, Covid ended Japan’s yield capping experiment, because it vaulted the world into a high interest rate equilibrium. If you persist in capping yields in such an environment, you risk your ...
Japan to issue over US$73.5 bil in new bonds to fund stimulus
Japanese Prime Minister Sanae Takaichi’s government plans to issue more new bonds to fund its economic package than the corresponding amount last year.
Japan ruling bloc to regain lower house majority
TOKYO (Kyodo) -- Japan's ruling bloc is set to regain its majority in the powerful House of Representatives as three independent lawmakers in the chamber have decided to join the in-house group of the ...
Japanese Streetwear Label Human Made Shines in Tokyo Trading Debut
Shares of Japanese streetwear brand Human Made soared in their Tokyo trading debut on Thursday. Human Made issued 931,400 shares in its initial public offering and sold 4.7 million shares held by ...
Crypto Exchange Upbit Hit by Exploit After $10.3 Billion Deal
Upbit, South Korea’s largest crypto exchange, suspended deposit and withdrawal services on Thursday after an unauthorized transfer of about $37 million in digital assets to an external wallet.
Bank of Japan’s Noguchi advocates gradual interest rate hikes
Bank of Japan board member Asahi Noguchi said on Thursday the central bank must take a "measured, step-by-step approach" in raising interest rates. If the pace of rate hikes is too fast, it could hurt ...
Superintelligent CEO says crypto can’t ignore macro forces anymore
Superintelligent founder and CEO Nathaniel Whittemore says Bitcoin's integration into traditional markets is creating uncertainty of the unknown.
Trump-Backed Crypto Company Promotes ‘Shit Piss Skin Can’ Coin
A memecoin called Shit Piss Skin Can ($SPSC) jumped over 300% in price after World Liberty Financial, a crypto company backed by President Donald Trump, promoted the cryptocurrency in a tweet on ...
Japan shipping groups, shipbuilders unite on next-gen vessels
TOKYO -- Top Japanese marine shipping groups will partner with major shipbuilders to develop a new generation of vessels, Nikkei has learned, as Japan aims to regain momentum in an industry ...
Chapter 11 bankrupt crypto firm scores millions in arbitration win
Cash Cloud, a Bitcoin ATM company that filed for Chapter 11 bankruptcy in 2023, wins an arbitration award worth $18.47 million.
Lutnick, Pomp SPAC Deals Are Put to the Test by Crypto Crash
The special purpose acquisition companies that rushed to make deals for cryptocurrency treasury firms are facing a critical juncture.