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Posted on 16/03/2024

Why Bank of Japan may shake up financial markets before Fed’s next interest-rate decision

Japan — the world’s last bastion of negative interest rates — appears ready to tighten its monetary policy as early as next Tuesday, raising the ... ( read original story ...)

Posted on 16/03/2024

The U.S. Steel/Nippon Deal Should Be None of Joe Biden’s Business

Both companies consented to the deal. Why should they have to get permission from the president to do business? ( read original story ...)

Posted on 16/03/2024

A Japanese court says denying same-sex marriage is unconstitutional and calls for urgent change

A Japanese high court ruled March 14 that denying same-sex marriage is unconstitutional and called for urgent government action to address the ... ( read original story ...)

Posted on 16/03/2024

Austin eyes $90M purchase of 107-acre Tokyo Electron campus

Tokyo Electron Ltd. might have a buyer for its former North American headquarters that it put up for sale late last year. ( read original story ...)

Posted on 16/03/2024

Bitcoin dropped to $68,000 as the crypto rally hit a roadblock

Bitcoin’s rally took a break Friday morning as the flagship cryptocurrency’s price dropped 6% overnight to $68,000. It’s unclear what caused the price drop, but analysts consider it a healthy ...

Posted on 16/03/2024

Some crypto dudes raised $650,000 to put a weird puppy meme on the Las Vegas Sphere

There will come a time when a giant meme of a Shiba Inu puppy with a hat will take over the Las Vegas Sphere. All it took was hundreds of thousands of dollars and a hoard of fans.

Posted on 16/03/2024

US Economy Shifts ‘From Goldilocks To Stagflation’: Top Wall Street Analyst Explains Why Crypto, Gold Are At All-Time Highs

Bank of America's chief investment strategist, Michael Hartnett, expects the U.S. economy to shift in 2024 from a 'goldilocks' phase into a 'stagflation' scenario.

Posted on 16/03/2024

North Korean hackers are laundering millions worth of crypto through a sanctioned ‘mixer’

North Korea-backed hackers are using a mixer sanctioned by the US to launder funds stolen in a hack last November, Elliptic said.

Posted on 16/03/2024

China May Be Biggest Winner From Bank Of Japan Rate Shock

Of course, sudden yen moves have a knack for shoulder-checking global markets. Two-plus decades of zero rates made Japan the globe's top creditor nation. Since the late-1990s/early 2000s, financiers ...

Posted on 15/03/2024

As crypto industry looks to widen its influence in Washington, Elizabeth Warren emerges as a target

The senator is a major critic of the wealthy industry, but toppling her in Massachusetts would be a challenge.

Posted on 15/03/2024

Bloomberg analyst makes $97 billion prediction for bitcoin ETFs

Bitcoin ETFs are "going to pass gold ETFs," which hold nearly $100 billion in assets, a senior ETF analyst projected.

Posted on 15/03/2024

Forbes Daily: Robinhood Surges Amid Stock Market And Crypto Boom

Friday's edition of Forbes Daily covers how GE and IBM are making comebacks, Mnuchin's efforts to purchase TikTok and the firm investing in underrepresented founders.

Posted on 15/03/2024

Japanese Nikkei Dips as Tech Stocks Follow US Peers Lower; Focus on BOJ Meeting

Japan’s Nikkei share average experienced a slight decline, influenced by a decrease in technology shares mirroring their U.S. counterparts. Traders remained cautious ahead of the upcoming Bank of ...

Posted on 15/03/2024

Eyes on Bank of Japan as unions announce big wage hikes

Japan's largest trade union said Friday it had secured the highest wage hikes since 1991 in preliminary data that stokes speculation the central bank will finally shift away from its outlier ...

Posted on 15/03/2024

Japan’s union group announces biggest wage hikes in 33 years, presaging shift at central bank

The stronger-than-expected outcome comes as the Bank of Japan looks close to ending years of negative interest rate policy. Read more at straitstimes.com.

Posted on 15/03/2024

Take Five: Is Bank of Japan ready to exit negative rates?

The week ahead is rammed with rate setting meetings by heavyweight central banks from the U.S. Fed to the Bank of England, from Switzerland and Norway to Mexico.

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