BOJ data suggests ¥6–7 trillion yen-buying intervention after 3% yen surge Bank of Japan money-market data points to a ¥6–7 trillion yen-buying intervention after a 3% yen surge, following roughly …
Surge
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Politics
Kumamoto earthquake donations surge as Tokyo shop and online portals mobilize
by Sui Yuitoby Sui YuitoKumamoto earthquake aid ramps up as donation accounts open and volunteer intake begins Kumamoto earthquake aid: Prefectural donation accounts open, Ginza Kumamoto-kan busy, online portals, volunteer schedules and expert cautions …
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Business
Kioxia Forecasts 31-Fold Quarterly Profit Surge on AI Data Center Demand
by Sato Asahiby Sato AsahiKioxia Forecasts 31-Fold Quarterly Profit as NAND Demand Rises, but Guidance Misses Estimates Kioxia forecasts a 31-fold surge in quarterly net profit driven by rising NAND flash demand from AI …
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Business
Samsung Electronics posts record quarterly revenue and profit on memory chip surge
by Sato Asahiby Sato AsahiSamsung Q2 results show record revenue and profit but AI demand clouding outlook Samsung Q2 results show record revenue and operating profit driven by memory chip sales, but concerns over …
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Business
Sanae Takaichi proposes consumption tax cut, bond market warns rate surge
by Sato Asahiby Sato AsahiSanae Takaichi tax cut plan fuels bond market jitters as approval ratings fall Japanese Prime Minister Sanae Takaichi’s move to pursue a consumption tax cut is stirring concern in financial …
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Business
SK Hynix Reports 557% Surge in Q2 Operating Profit amid AI Boom
by Sato Asahiby Sato AsahiSK Hynix posts 557% jump in Q2 operating profit as AI demand fuels memory chip sales SK Hynix posts a 557% jump in Q2 operating profit to 60.54 trillion won …
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Politics
Japan 10-Year Bond Yields Surge to 2.9% After Takaichi Takes Office
by Sui Yuitoby Sui YuitoLong-term interest rates surge under Takaichi government amid planned food tax cut Long-term interest rates have spiked under Prime Minister Sanae Takaichi; 10-year JGBs reached 2.90% and a food consumption …
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Trend Micro Warns of Tens of Thousands of Fraudulent World Cup Websites Preying on Fans Trend Micro reports tens of thousands of fraudulent World Cup websites offering fake streams and …
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Business
Cathay Pacific posts 60% H1 profit surge despite oil volatility
by Sato Asahiby Sato AsahiCathay Pacific Posts Over 60% H1 Profit Surge as Mainland Rivals Face Heavy Losses Cathay Pacific reported a rise of more than 60% in first-half profit on Wednesday, July 22, …
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Business
Indonesia nickel boom blamed for surge in human rights and environmental abuses
by Sato Asahiby Sato AsahiIndonesia nickel boom blamed for surge in human rights and environmental abuses Report finds Indonesia nickel boom linked to rising human rights and environmental abuses; rights groups call for corporate …