-
Tuna Sells For Record-Breaking $789K In Tokyo, Buyer Says, 'I'd Been Feeling That The Economy Was Getting Better'
Thursday, January 4, 2024 - 11:56pm | 692In Tokyo’s Toyosu fish market, a bluefin tuna has been auctioned for an astonishing 114.24 million yen ($789,000), making it the fourth-highest price in recorded history. What Happened: The 238-kilogram fish was reportedly caught off the coast of Oma in northeastern Japan’s Aomori...
-
Peter Schiff Raises Concerns Over Japan's Growing National Debt Crisis: 'Slow Motion Train Wreck'
Thursday, November 2, 2023 - 4:05am | 543Japan’s massive national debt and increasing interest rates are causing serious economic distress, a situation Peter Schiff refers to as a “slow-motion train wreck.” What Happened: Schiff expressed his opinions during his podcast “The Peter Schiff Show” where...
-
Is The Japanese Yen In The Same League As Argentine Peso, Turkish Lira — Report Paints A Bleak Picture
Wednesday, November 1, 2023 - 10:37pm | 591Deutsche Bank, in a recent report, compared the Japanese Yen with some of the world’s weakest currencies. What Happened: The report drew parallels between the weak fundamentals of the yen and those of the Argentine peso and the Turkish lira. It was authored by George Saravelos, Global Head of...
-
Benzinga Market Primer: Tuesday, August 13: Futures Higher On Japan, Eurozone
Tuesday, August 13, 2013 - 6:43am | 1146Futures Higher On Japan, Eurozone U.S. equity futures traded higher overnight on reports out of Japan and the eurozone. Japan may look to cut corporate taxes following the weak GDP print Monday and eurozone data showed improvement early Tuesday, both acting as factors in the early morning rally....
-
Japanese Shares Drop To Seven-Week Low On Weak GDP Report
Monday, August 12, 2013 - 8:50am | 419Stocks in Japan dropped to a seven-week low overnight on reports that the world's third-largest economy grew much slower than expected in the second quarter. Inflation also ran at a higher rate than anticipated, raising fears that the extraordinary expansionary policies of the both the Bank of...
-
Benzinga Market Primer: Monday, August 12: Futures Lower After Weak Japan Data
Monday, August 12, 2013 - 6:27am | 998Futures Lower After Weak Japan Data U.S. equity futures traded lower in early pre-market trade following a much weaker than expected GDP report out of Japan. With little data out today in the U.S. and thin trading volumes due to the time of the year, volatile trading could be on tap. Top News In...
-
Benzinga Market Primer: Friday, June 28: End of Month Edition
Friday, June 28, 2013 - 6:45am | 1094Futures Rise On Better Japan Data U.S. equity futures rose in early pre-market trade following lots of stronger than expected economic data from Japan. Better manufacturing data as well industrial production figures boosted assets pre-markets as fears that the massive stimulus will fail abated...
-
Japanese Economy to Continue to Expand into Q4
Monday, November 30, 2009 - 11:49am | 94Although Japan’s exports slowed down drastically m/m in October to 3.9% as compared to 13.3% in September, the month marked the fourth increase in exports in five months. According to RHB, the results indicated a favorable impact of the global economic recovery on Japan’s exports. However, Japan’s...