Global Market: Japan’s yen intervention puts BOJ in spotlight over rate hike pathJapan’s coordinated yen-buying intervention with the U.S. and South Korea has heightened expectations of faster Bank of Japan rate hikes. M...
Global Market: Bessent's BOJ comments raise expectations of September rate hike, spark independence concernsUS Treasury Secretary's comments boost expectations for a Bank of Japan rate hike. Market watchers anticipate a potential increase at the S...
Global Market Today: Asian shares mixed, oil slumps on hopes of Iran dealOil prices dropped significantly as peace talks with Iran appeared imminent. Stock markets showed mixed reactions, with US futures rising a...
Kotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loanKotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...
Dollar rides yield surge as Middle East and trade wars raise inflation stakesThe dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S...
Japan's Nikkei rises as chip shares gain, BOJ's rate hike prospects weighJapan's Nikkei share average saw an increase on Thursday, driven by chip-related stocks. These gains were tempered by concerns over an earl...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, sources sayJPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, accord...
How PayPal went from Wall Street favorite to unwilling merger targetPayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and ...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, say sourcesUS banks like JPMorgan are nearing financing agreements for Japan's investment pledge. Japanese banks face high costs for dollar funding, l...
How PayPal went from Wall Street favorite to unwilling merger targetThe company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout ...
Global Market: Japanese fund managers bet big on yen bonds as BOJ policy shift lifts yieldsJapanese asset managers are launching new bond funds as interest rates rise. This trend revives investor appetite for yen-denominated debt ...
Global Market: Japan's Nikkei falls 2% as Samsung slump sparks chipmaker selloffJapan's Nikkei share average closed two percent lower on Tuesday. Semiconductor heavyweights fell significantly after South Korea's Samsung...
Japan's Nikkei falls as Samsung-led chip selloff weighs on regional tech stocksJapan's Nikkei index fell as semiconductor stocks declined, mirroring Samsung's drop. High-flying memory maker Kioxia shares experienced a ...
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
Japanese bond yields rise on yen weakness, fiscal worriesJapanese government bond yields climbed Wednesday, with longer-term rates nearing a month's peak. A weakening yen and concerns over governm...
BoB, Mizuho Bank forge partnership to enhance collaboration in M&A financingBank of Baroda has joined forces with Japan's Mizuho Bank to boost their capabilities in mergers and acquisitions financing. This collabora...