By Wolf Richter for WOLF STREET. The Japanese Nikkei 225 stock index plunged 12.4% on Monday, after having plunged 5.7% on Friday, and 2.5% on Thursday, bringing the three-day drop since the Bank of Japan meeting on July […]
Israeli markets drop; US sees Iranian attack in 24-48 hours Saudi, Egyptian, Turkish stocks, bonds, currencies also hurt Financial markets across the Middle East tumbled Monday, as concerns over a potential Iranian attack on Israel […]
Stocks on the Tokyo exchange have plummeted over recession fears in the US economy Japan’s benchmark Nikkei 225 stock index suffered its biggest ever one-day loss on Monday as a global sell-off intensified amid […]
By Wolf Richter for WOLF STREET. The Japanese Nikkei 225 stock index plunged 5.7% on Friday, the biggest percentage drop since the Covid crash in March 2020. Since the all-time high on July 10, the index has plunged […]
The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. By Wolf Richter for WOLF STREET. At its meeting today, the Bank of Japan raised its policy rate, […]
OPINION: Profligate government spending has institutionalized multitrillion-dollar annual deficits, which have driven up interest rates and left Treasury markets teetering on the edge. Now Japan is on the verge of a $400 billion fire sale of U.S. […]
Japan’s liquefied natural gas (LNG) imports rose slightly in June, logging a year-on-year increase for the third month in a row, according to the provisional data released by the country’s Ministry of Finance. The country’s […]
In Japan, a project to develop the world’s first tanker powered by liquefied hydrogen is pressing ahead. ClassNK has issued an approval in principle (AiP) for a design concept of a small hydrogen-fuelled oil tanker […]
Daily Standup Top Stories China Surpasses Europe in Per Capita Energy Consumption June 30, 2024 Stu Turley China’s energy consumption per capita has surpassed that of Europe, driven by decades of economic growth and infrastructure development. […]
Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold. By Wolf Richter for WOLF STREET. The US dollar is still by far the most dominant global reserve […]
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