With $63 billion offloaded in U.S. and Euro bonds, Japan's Norinchukin bank grapples with mounting losses in 2024.
NAB clarifies crypto strategy with investment in Zodia Custody
NAB will join British bank Standard Chartered, custody giant Northern Trust and Japan’s SBI Holdings as investors in Zodia, which is headquartered in London and competes with Coinbase to securely ...
Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Crypto markets are on the cusp of further institutional adoption, the broker said. Spot bitcoin ETFs will be approved by major wirehouses and large private bank platforms in the third and fourth ...
Luxury Sneaker Maker Golden Goose Postpones Planned IPO
Most Read from Bloomberg What to Know About the Deadly Flesh-Eating Bacteria Spreading in Japan ‘I Live in Hell’: Anti-Growth ... and had meant the sneaker company was set to price its IPO at the ...
BlackRock Issues ‘Unprecedented’ Fed Warning After $300 Billion Bitcoin And Crypto Price Crash
Analysts at the world's largest asset manager BlackRock have warned an "unprecedented" scenario is unfolding that could hit the bitcoin price and crypto ...
Japan’s Nikkei edges up as tech shares get Nvidia bump
TOKYO: Japan’s Nikkei share average rose during the morning session on Wednesday, with technology shares rallying as the market reacted favourably to US semiconductor stocks’ gains overnight. US chip ...
Japan Is Said to Consider Issuing Bonds With Shorter Maturities
Japan’s Ministry of Finance is weighing a plan to shift more of its bond issuance to shorter maturities, according to a draft proposal seen by Bloomberg, a major change as the central bank moves to ...
Japan Bank to Overhaul Investments as Wrong-Way Rate Bets Trigger Bond Losses
Norinchukin Bank, Japan’s biggest agricultural bank, will diversify its investment portfolio after selling roughly 10 trillion yen ($63 billion) in US and European sovereign bonds. Most Read from ...
Japan’s FinMin urges government to issue shorter term debt to reduct interest-rate risk
Having reviewed a draft proposal, Reuters reported that the Japanese Finance Ministry panel is likely to urge the ... but more specifically by the Bank of Japan’s policy, the differential between ...
Japan May Exports Rise on Boost From Weak Yen
Shipments rose 13.5% year-on-year in value terms in May, data from the Ministry of Finance (MOF) showed on Wednesday ... U.S.-bound shipments, Japan's ally and key market, grew 23.9% year-on-year in ...
Japan May Exports Rise on Boost From Weak Yen
Shipments rose 13.5% year-on-year in value terms in May, data from the Ministry of Finance (MOF) showed on Wednesday ... U.S.-bound shipments, Japan's ally and key market, grew 23.9% year-on-year in ...
Japan’s Exports Grow Most Since 2022 on Boost from Weak Yen
Japan’s exports grew at the fastest clip since late 2022 as the weak yen boosted their value, a positive development for the nation’s manufacturing sector.Most Read from Bloomberg‘I Live in Hell’: ...
Japan’s May exports rose 13.5% from a year earlier, led by cars and chips
TOKYO -- Japan's exports grew in value terms for the sixth month in ... according to preliminary figures released by the Ministry of Finance.
Japan’s May exports rose 13.5% from a year earlier, led by cars and chips
TOKYO -- Japan's exports grew in value terms for the sixth month in ... according to preliminary figures released by the Ministry of Finance.
Japan’s exports rise for sixth straight month, thanks to cars and chip equipment
Japan’s exports rose for a sixth straight month in May, propelled by higher demand for cars and semiconductor-manufacturing equipment, government data ...
Japan’s exports rise for sixth straight month, thanks to cars and chip equipment
Japan’s exports rose for a sixth straight month in May, propelled by higher demand for cars and semiconductor-manufacturing equipment, government data ...