TOKYO (Kyodo) -- Japan is closely monitoring foreign exchange moves "with a high sense of urgency," Finance Minister Shunichi Suzuki said Thursday after the yen hit a four-month low to the U.S. dollar ...
Trial Holdings Set to Debut After Japan’s Largest IPO This Year
Discount-store chain operator Trial Holdings Inc. is set to debut in Tokyo on Thursday after an initial public offering that raised ¥38.85 billion ($256 million), Japan’s largest this year.
Nikkei stock index hits new intraday all-time high
The Nikkei stock index rose to a new intraday all-time high early Thursday, tracking Wall Street gains overnight.
Markets see BOJ’s next rate hike likely in July or October, Nikkei reports
A growing number of market players expect the Bank of Japan to hike interest rates in either July or October, though an October hike is considered more likely, as it would give the BOJ around half a ...
Fed Triggers A Huge Bitcoin Price Pump As BlackRock Quietly Launches ‘$5 Trillion By 2030’ Game-Changer That Could Boost Ethereum, XRP And Crypto
BlackRock has revealed the next stage in its plan for a "technological revolution in the financial markets" that could cause a bitcoin, ethereum, XRP and crypto price ...
Crypto industry surveys US 2024 candidates, looking for friendly lawmakers
The cryptocurrency industry, a new financial force in the 2024 U.S. election cycle, is surveying candidates for Congress on their views around the digital asset, as the political arm of the movement ...
What are Crypto Stablecoins?
What is a stablecoin, and why does it matter for crypto users? Coins that maintain the same value as another asset are called stablecoins, and they have several different use cases.
MicroStrategy crosses major crypto milestone with $623 million buy
MicroStrategy, the largest publicly-traded company in terms of bitcoin holdings, bought another $623 million worth of bitcoin in the last week, making it the owner of more than 1% of bitcoin's total ...
Ethereum Foundation Gets SEC Scrutiny in Latest Crypto Crackdown
The US Securities and Exchange Commission has demanded information from companies about dealings with the Ethereum Foundation as part of a review of aspects of Ether — the world’s second-biggest ...
BloomZ Raises Expected IPO Price to $4.30 From $4 a Share
By Chris Wack BloomZ, a Japanese audio production company, has raised its expected 1.25 million-share initial public offering to $4.30 a share. In ...
The Bank of Japan’s tricky path to normalisation
The BoJ made a significant step on Tuesday. But the journey to normalising Japan’s monetary policy remains a long slog. Financial threats lurking after years of sub-zero rates have so far been tamed — ...
Bank of Japan ups interest rate first time in 17 years
When most of the central banks in the world have been raising interest rates, or refusing to bring them down, because of spiralling inflation and uncertain growth, Japan’s central bank, Bank of Japan, ...
End Of An Era – Bank of Japan Reverses Negative Interest Rate Policy
Bank of Japan raises short rates from -0.1% to 0.1%, becoming the last central bank to exit a Negative Interest Rate Policy. Read the implications of BOJ's move.
Japan’s $1.4 Trillion Government Pension Fund Requests Information On Bitcoin As It Mulls Diversification
The GPIF is requesting information on Bitcoin and other “illiquid assets” as it explores ways to diversify its trillion dollar portfolio.
Japan’s GPIF issues request for information on crypto, other illiquid assets
Government Pension Investment Fund, Tokyo, issued a request for information on illiquid assets in response to an “entrenched” global low-yield environment. The RFI called for information and ...
The crypto market lost $400 million — and Bitcoin had its worst day since the FTX collapse
Bitcoin’s value fell below $61,000 on Wednesday morning, dropping 8% in the past 24 hours after reaching its weekly peak. The decline is the biggest slide in a day since FTX’s collapse in November ...