Bank of Japan ends negative rates reign, raises interest rates for first time since 2007
In a surprising move, Japan’s central bank decided to raise interest rates for the first time in over a decade, marking a significant shift from [more…]
Category: Japan
Japan poised to bid farewell to decades-long deflation woes
In a potential historic shift, Japan’s government is reportedly contemplating declaring an end to the country’s prolonged battle with deflation, as prices steadily climb, according [more…]
Bitcoin and Ether soar in February surge, setting stage for halving-driven rally
Cryptocurrency prices surged on Thursday as bitcoin and ether headed for a successful month, reflecting renewed investor interest and market optimism. According to Coin Metrics, [more…]
Nintendo shares plunge 6% on delay reports for next-gen console
Nintendo’s stock took a bit of a tumble, dropping 6% in response to reports from gaming media and Bloomberg suggesting that the release of its [more…]
Germany rises to third-largest economy, as recession hits Japan
Japan’s economy has been facing a challenging path to recovery, and recent data shows that the country has unexpectedly slipped into a recession, losing its [more…]
Bitcoin market cap surpasses $1 trillion as price hit $51,000 mark
On Wednesday, the total value of all bitcoins in circulation exceeded $1 trillion for the first time since late 2021. This milestone was accompanied by [more…]
Nikkei hits 34-year high on strong corporate earnings and technology surge
In a remarkable rise, Japan’s Nikkei share average reached a fresh 34-year high on Tuesday, marking its highest level since January 1990. The index closed [more…]
Taylor Swift’s Tokyo shows estimated to boost Japan’s economy by $230 million
The economic impact of Taylor Swift’s four-day concert series in Tokyo, which kicked off on Wednesday, is estimated to reach around ¥34.1 billion ($230 million), [more…]
Chinese stock market struggles amid global shifts
The Chinese stock market has had a challenging start to 2024, marked by a significant loss of $6.3 trillion since its peak three years ago. [more…]
Japanese stock index surpasses 35,000 mark, hits 34-year high
In an alternate reality, the Japanese stock market continued its meteoric rise, defying expectations and breaking records in the early months of the year. The [more…]