The Nikkei stock average broke above 58,000 for the first time on Thursday, joining a rare three-way rally with government bonds (JGBs) and the yen as markets digested the fallout from Prime Minister Sanae Takaichi’s historic election victory. The benchmark Nikkei 225 Index rose 0.3% to 57,816.14 after hitting a high of 58,015.08 earlier in […]
An unusual interest rate check by the New York Federal Reserve has lowered the threshold for possible currency intervention in Japan, leading to a sharp rebound in the yen after months of weakness. However, according to Reuters, the prospects of a coordinated dollar selling campaign by Japan and the United States remain remote for now.The […]
Elbrus Osmanov’s injury opened a door for Yod-IQ Or Pimolsri. The Thai striker now gets his chance at redemption. Osmanov withdrew from his scheduled bantamweight Muay Thai bout A Friday Fights 137 on Friday, December 19 at Lumpinee Stadium in Bangkok. Yod-IQ moves up to featherweight to take on Alexey Balyko, the only man to […]
Singapore: The Yen fell on Monday after the news that Japanese Prime Minister Shigeru Ishiba had resigned, while the dollar was nurses after the tumbling of a weak American job report that the expectations for a federal reserve rate lowered this month. Ishiba announced his resignation on Sunday and heralded a potentially long period of […]