TOKYO: Japan’s Nikkei share average dropped more than 3% on Friday to their lowest levels in more than two months
Nikkei Stock Average dives 1,200, dragged down by high-tech shares
TOKYO -- Japan's benchmark Nikkei Stock Average plunged temporarily 1,200 points or more than 3% from the previous day in the Tokyo morning trading, continuing the downward trend in high-tech stocks in the U.S. stock market. Concerns over the situation in the Middle East have also spurred risk aversion selling.
Japan’s Nikkei Falls More Than 3% on Chips, Middle East Concerns
If the Nikkei closes at least 10% lower from its March peak, it will be in a correction. Japanese stocks, along with their global peers, have been ravaged recently as traders slashed bets on rate cuts by the Federal Reserve this year following a series of ...
Japan’s March core inflation slows, weak yen complicates BOJ move
Japan's core inflation slowed in March and an index gauging broader price trends fell below 3% for the first time in over a year, data showed on Friday, as analysts say yen weakness could complicate ...
Japan’s March inflation slows to 2.6%, eyes on BOJ move
Japan's core inflation slowed in March due to mild rises in food prices while staying comfortably above the central bank's 2% target, government data showed on Friday. The nationwide core consumer ...
These Asian nations in focus after Hong Kong approves spot Bitcoin ETFs
Ever since the United States approved Bitcoin ETFs earlier this year, the focus has shifted to Asia, with investors eagerly anticipating which nation will follow suit.
Japan’s small EV battery suppliers feel the heat in race for scale
TOKYO -- Smaller companies play a big role in Japan's electric vehicle battery supply chain, indirectly supporting the likes of Toyota Motor and Tesla. But many are struggling to keep pace with the ...
A Crypto Winter Survivor Plots A Comeback Targeting Big Ticket Investors
California-based crypto investment platform Abra outlasted the 2022 bloodbath despite shutting down its U.S. retail business. It is now pivoting to institutions and wealthy private clients seeking alternative crypto exposure.
Bitcoin price ‘will certainly be’ $1 million by 2030 with surging trend, CEO says
Real Vision CEO Raoul Pal described how crypto adoption rates put the bitcoin price on pace to hit nine figures by the end of the decade.
Japan banks boost resilience to rising interest rates, BOJ says
TOKYO: Japanese banks have improved their resilience to rising interest rates by rebalancing domestic bond portfolios but growing real estate exposure poses a potential risk, the Bank of Japan said in ...
Oracle (ORCL) to Invest More Than $8B in Cloud Computing & AI
Oracle (ORCL) plans to invest more than $8 billion in order to meet the growing demand for cloud computing and artificial intelligence infrastructure in Japan.
Jamie Dimon calls bitcoin a ‘fraud’ and a ‘Ponzi scheme’ — and says the crypto is hopeless as a currency
JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitcoin cannot serve as a currency.
How one author found Mongolian herders trading crypto and microchipping camels
According to author Johan Nylander, travelling with the herders of Mongolia’s remote grasslands is a lesson in digital nomadism.
Grayscale Anticipates Regulatory Nod for Diverse Crypto ETFs Beyond Bitcoin and Ethereum In Two To Three Years
Grayscale said that crypto ETF (exchange-traded fund) products for digital assets besides Bitcoin (BTC) and Ethereum (ETH) will be approved in the next two to three years in the US.
Healix Protocol’s Spectacular Launch and HLX Token Presale: Shaking Up the Crypto Sphere!
In the fast-paced world of cryptocurrency, few events capture the imagination quite like a spectacular launch. Enter Healix Protocol and its much-anticipated HLX token presale—a significant event that ...
Evolution and current state of global crypto adoption
Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and ...