A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, …
This fuelled a sharp rally in the yen, causing a disorderly unwinding of the yen-funded “carry trade” and contributing to a staggering 20 per cent decline in the Topix index, …
Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It is a question that is undoubtedly preying on the minds …
The data depicts weakness in consumption, capital expenditure, public investment and home sales. The downshift in China, Japan’s top trading partner, does not augur well for exports going forward. All …
The most immediate threat is another recession. The 2.1 per cent contraction in the July-September period year on year comes as China’s economy slows and elevated US bond yields send …
As the Japanese yen breaks through 150 to the US dollar, investors can’t help but entertain the four most dangerous words in economics: this time is different. Global finance has …
Graph Falling Down in Front Of Japan Flag. Crisis Concept getty A quadrillion here, a quadrillion there, and pretty soon you’re talking about real money. With apologies to 1950s U.S. …