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2 mins read

Why Japanese stocks just had their worst day in 4 years

Japan's Nikkei suffered its biggest daily decline since 2020 after the country raised rates, and as…

Kelly Cloonan   


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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1 min read

Two Japanese banks set to start operations in GIFT City: IFSCA chief

Two more Japanese banks are set to join 10 foreign and 16 local banks in the tax-free GIFT City, wh…

PTI   


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1 min read

Billionaire investor Ray Dalio warns debt is being devalued as governments pile it up and central banks keep rates artificially low

Ray Dalio says he is worried by the amount of debt held globally, and how central banks are using i…

Kelly Cloonan   


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1 min read

India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets

India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…

ANI   


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5 reasons why stocks are still at risk of another sharp sell-off, Deutsche Bank says

The firm warns that many of the headwinds that catalyzed a sell-off earlier in August are still pre…

Filip De Mott   


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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …

PTI   


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The Japanese yen's underlying forces are so weak the currency is in the 'same league' as the Argentine peso and Turkish lira, Deutsche Bank says

Intervention by the Bank of Japan in currency markets won't help the yen, and may actually backfire…

Filip De Mott   


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4 mins read

2 trades to make now amid 6 economic pitfalls ahead, according to a Bank of America chief strategist

Higher unemployment, the yen carry trade, the unwinding of AI trade are a few of the biggest concer…

Laila Maidan   


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2 mins read

Japanese investment bank Daiwa to buy minority stake in Ashok Wadhwa’s Ambit

With the stake sale, Ambit will gain access to Daiwa’s global network, which is one of the large…

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2 mins read

George Glover   


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2 mins read

What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura

Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …

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2 mins read

The dollar is heading for its biggest yearly gain against the yen in at least 30 years as the Bank of Japan holds fire on rate rises

While the Federal Reserve hikes interest rates aggressively, the Bank of Japan is sticking to its p…

George Glover   


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2 mins read

Think your bank's interest rates are bad? Just take a look at Japan

In the last few weeks, three major Japanese banks — MUFG, Sumitomo Mitsui, and Mizuho — hiked 10-ye…

Huileng Tan   


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1 min read

SoftBank Group reports massive $5.9 billion net loss amid global tech meltdown

There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investme…