2024-10-07 | Current Affairs
Asian stocks surged on Monday, led by Japan’s Nikkei, while the U.S. dollar hit a new seven-week high against the yen. This rally followed unexpectedly strong U.S. labor data, which alleviated fears of a recession and led to a sharp reduction in expectations for significant rate cuts by the Federal Reserve.
2024-09-05 | Current Affairs
The Biden administration is preparing to announce that President Joe Biden will block Nippon Steel’s USD 14.9 billion acquisition of U.S. Steel due to national security concerns, according to sources familiar with the matter.
2024-08-15 | Current Affairs
Margin trading in Japan’s stock market experienced a significant decline last week as investors were forced to sell off stocks during the Nikkei index’s sharpest drop in nearly four decades.
2024-08-06 | Current Affairs
Japanese stocks made a dramatic recovery in Tuesday’s morning trading session, bouncing back sharply from their biggest single-day decline since the 1987 Black Monday crash.
2024-07-09 | Current Affairs
Japan is poised to redirect a significant portion of its substantial dollar reserves back into yen, a move that could significantly impact global financial markets due to the scale of the assets involved.
2024-05-30 | Current Affairs
Japan authorities are shifting their focus toward structural economic issues contributing to the ongoing depreciation of the yen, moving beyond mere market interventions which have shown limited effectiveness in halting the currency’s decline.
2024-02-15 | Current Affairs
Today’s News Japan unexpectedly slipped into a recession at the close of the previous year, losing its position as the world’s third-largest economy to Germany. This development has also cast uncertainty on the timeline for the central bank’s departure from its decade-long ultra-loose monetary policy. Analysts caution about a potential contraction in the current quarter, […]
