Japanese Markets

Bank of Japan Governor Hints at Path to Rate Hikes Amid Wage-Driven Inflation

Business leaders in Nagoya on Monday, Bank of Japan (BOJ) Governor Kazuo Ueda painted a cautiously optimistic picture of Japan's economic trajectory. Highlighting progress towards achieving sustained inflation bolstered by wage growth, Ueda suggested that conditions for raising interest rates...
Bitcoin

Bitcoin Surges Above $93,000 on Interest-Rate Cut Expectations and Trump’s Pro-Crypto Stance

Bitcoin briefly surged past the $93,000 mark on Thursday, sending shockwaves through the markets and rekindling optimism about the potential for new highs. The leap was driven by a mix of optimism around upcoming Federal Reserve interest-rate cuts and the...
Asian Financial Markets

Asian Markets React to Yen Weakness and Prospective U.S. Rate Cut Amid Global Market Volatility

Equities across Asia experienced sharp fluctuations on Thursday as investors weighed the impact of a depreciating yen and a probable U.S. interest rate cut expected next month. The uncertainty drove mixed outcomes in the Asian stock markets as investors assessed...
Sleep

Business Push to Count “Sleepovers” as Breaks Sparks Outcry Over Potential 28-Hour Shifts Without Overtime

Australia’s care industry, the Australian Industry Group (Ai Group) has put forth a proposal to the Fair Work Commission requesting that sleepover shifts in the care industry be classified as breaks rather than working hours. If accepted, the move could...
South Korea Technology

South Korea to Tighten Measures Against Overseas Leaks of Business Secrets Amid Rising Tech Competition

In response to escalating global competition for cutting-edge technologies, South Korea is ramping up efforts to safeguard its intellectual property and business secrets from overseas leaks. The country's finance minister, Choi Sang-mok, announced on Thursday that the government would introduce...
US dollar

Dollar Extends Gains Amid Asia Trading, Overshadowing China’s Weekend Stimulus Announcements

In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
Asian Stock

Asian Stocks Poised for Gains as US Stocks Hit Record Highs Ahead of Inflation Data

Asian stocks were set to advance on Thursday, following the US stock market's rally, which reached new heights ahead of the release of crucial inflation data. This data, expected to shed light on inflation trends, could play a defining role...
President Xi Jinping has marked the 75th anniversary of the People's Republic of China

China 75th Anniversary Celebration Boosts Amid Economic Struggles: Will New Measures Be Enough?

As China prepared for its annual Golden Week holiday—a time of national pride and celebration, especially this year as the country marks the 75th anniversary of the founding of the People’s Republic—the Chinese Communist Party unveiled a series of economic...
Japanese Yen (JPY)

Yen Czar: How Masato Kanda Took on Speculators and Shaped Japan’s Economic

For several years, Masato Kanda hardly slept. "Three hours a night is an exaggeration," Kanda chuckles as he recalls his grueling schedule from his office in Tokyo. "I slept for three hours consecutively before being woken up, but I then...
World major mega projects

1000 billion dollar mega project in world coming before 2030

The needs of the growing population, several megaprojects are underway in the world. But these constructions happening around the world are shocking in terms of their budget. A few years ago mega projects costing $10 billion or more were considered...
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