Japan is unlikely to slide into stagflation, a condition where rising inflation and shrinking economic growth co-exist, a senior central bank official said on Wednesday. With the Ukraine crisis ... ( read original story ...)
5:15 Nagoya (JPN)
Falcon Feet (JPN) 14-1 (8-11) 8th of 11, shd behind Get On (8-11) at Nagoya 7f in Mar. Star Impact (JPN) 12-1 (8-11) 2nd of 11, shd behind Papita (8-11) at Nagoya 7f in Mar. Arena Maestro (JPN) 11-4 ... ( read original story ...)
Tokyo stocks rise in morning on bargain-hunting, crude oil weighs
Tokyo stocks were higher Wednesday morning as investors scooped up battered shares a day after the Nikkei index fell to its lowest level in 16 months, though the market gave up some of its midmorning ... ( read original story ...)
Ascott Trust acquires 5 longer-stay lodging assets in Japan for $125 million
Ascott Residence Trust (ART) is acquiring four rental housing properties and a student accommodation property in Japan for a total investment of 10.4 billion yen (S$125 million). . Read more at ... ( read original story ...)
Japan downgrades Q4 GDP on service sector weakness
Japan's economic rebound was softer than initial estimates in the final quarter of 2021, revised data showed on Wednesday, as the pickup seen in consumer and business spending was weaker than first ... ( read original story ...)
You Won’t Escape SXSW 2022 Without Knowing About Crypto
You will need to know at least a little bit about Bitcoin, blockchain, cryptocurrency, DAOs, NFTs, Web3, and other such acronyms and euphemisms in order to navigate a festival at which those things ... ( read original story ...)
Nashville joins crypto craze with Valkyrie partnership
Nashville is the latest Major League Soccer team to join the crypto bandwagon, with one twist: The club's sponsorship deal with Valkyrie Investments is being paid for entirely in bitcoin. Nashville on ... ( read original story ...)
Crypto Still Isn’t Helping Russian Oligarchs Evade Sanctions
We have heard a lot over the last week that crypto is not being used to undermine international sanctions against Russia or breakaway regions of Ukraine, and my question is: Why o ... ( read original story ...)
The War in Ukraine Could Pose New Security Risks for Crypto Investors. Here’s How to Protect Your Coins
As Russia's war in Ukraine goes on, there could be more cybercrime and attempted scams for investors to look out for in coming weeks or months. ( read original story ...)
Crypto’s War Reaction Reveals a Continental Divide
Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. If someone forwarded this to you, sign up here. In today’s issue, Emily Nicolle parses crypto fund flows: ... ( read original story ...)
Swiggy hires JP Morgan, I-Sec for $1 billion IPO
Swiggy had closed a $700 million funding round led by asset manager Invesco, and a host of new investors such as Baron Capital Group, Sumeru Ventures, IIFL AMC Late Stage Tech Fund, Kotak, also ... ( read original story ...)
Nikkei remains firm after opening higher by 0.35%, eyes on China CPI
Wall Street wobbles with S&P 500 dropped 30.39 points, or 0.72%, to 4,170.7, but Asia is firmer. Japan's benchmark Nikkei average opened up 0.35 per cent at 24,876.49 Asian stock markets largely fell ... ( read original story ...)
How did Japan become so cheap?
Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, ... ( read original story ...)
Tennis-Nadal the man to beat, Osaka eyes return to glory at Indian Wells
By Rory Carroll INDIAN WELLS (Reuters) -Red-hot Rafa Nadal will be the man to beat when Indian Wells kicks off this week while Naomi Osaka will look to begin her ascent back to the top of the tennis ... ( read original story ...)
Japan GDP worse than expected, yen unfazed
On a quarter-on-quarter basis, GDP rose 1.1%, lower than the initial reading of 1.3% and median forecast for a 1.4% increase. USD/JPY trades around 0.12% higher on the day at 115.76. The Gross ... ( read original story ...)
Japan downgrades Q4 GDP on weaker consumer, business spending
Japan's strong economic growth in the final quarter of 2021 was downgraded in a revised estimate on Wednesday, while pressures from record COVID-19 infections and rising energy costs are heightening ... ( read original story ...)