29 stories tagged #Tokyo

  1. Japan Crude Import Prices Hit Record High Amid Strait of Hormuz Crisis
    finance

    Japan Crude Import Prices Hit Record High Amid Strait of Hormuz Crisis

    Japan's crude oil import price reached a record 114,076 yen per kiloliter in May due to Strait of Hormuz disruptions, forcing a strategic shift toward US energy supplies.

    6d ago 1 min read
  2. Bank of Japan Raises Benchmark Rate to 1% for First Time in 31 Years
    finance

    Bank of Japan Raises Benchmark Rate to 1% for First Time in 31 Years

    The Bank of Japan lifted its key interest rate to 1 percent, the highest since 1995, responding to persistent wartime inflation and a weakening yen.

    last wk. 1 min read
  3. Ja'Kobe Tharp Shatters 110m Hurdles World Record at NCAA Championships
    sports

    Ja'Kobe Tharp Shatters 110m Hurdles World Record at NCAA Championships

    American sprinter Ja'Kobe Tharp set a new 110m hurdles world record of 12.75 seconds at the NCAA Championships in Eugene, breaking Aries Merritt's 2012 mark.

    last wk. 1 min read
  4. SMFG Markets Chief Urges BOJ to Clarify Rate Path After June Hike
    finance

    SMFG Markets Chief Urges BOJ to Clarify Rate Path After June Hike

    Sumitomo Mitsui's global markets head calls for clear BOJ normalization signal after expected June rate hike to stabilize bond markets.

    3w ago 1 min read
  5. Japan's Q1 GDP Growth Beats Forecasts at 2.1% Annualized
    finance

    Japan's Q1 GDP Growth Beats Forecasts at 2.1% Annualized

    Japan's economy expanded an annualized 2.1% in Q1, exceeding the 1.7% median forecast, driven by solid domestic demand.

    last mo. 1 min read
  6. BOJ May Slow Bond Taper as Market Strains Intensify
    finance

    BOJ May Slow Bond Taper as Market Strains Intensify

    Japan's central bank faces pressure to ease its bond purchase reductions amid rising yields and fiscal concerns.

    last mo. 2 min read
  7. Metaplanet's Bitcoin Gambit: $725M Loss Masks 251% Revenue Surge
    crypto

    Metaplanet's Bitcoin Gambit: $725M Loss Masks 251% Revenue Surge

    Tokyo-listed Metaplanet reports massive net loss due to bitcoin markdowns, while core operating profit jumps 283%, highlighting the dichotomy of crypto treasury strategies.

    last mo. 1 min read
  8. Sony Games Profit Up, Sales Dip on Memory Costs
    tech

    Sony Games Profit Up, Sales Dip on Memory Costs

    Sony forecasts 11% profit rise but gaming sales drop as memory chip costs surge, impacting margins.

    last mo. 1 min read