Catch up fast: The premise of the trade is simple: Investors borrow cheap yen in Japan, where interest rates ... on the day ...
Bank of Japan raises rates by 25 bps, its first hike in six months, meeting market expectations. Unlike previous hikes, the ...
In 1989, 500 million yen was about $3.5 million ... and the Nikkei is not even worth as much as tech firms Apple and Nvidia combined. The Japanese frenzy also spread to the ground beneath ...
Nvidia fell 2% and was the heaviest weight ... In currency trading, the U.S. dollar edged up to 157.70 Japanese yen from 157.26 yen. The euro cost $1.0255, down from $1.0274.
Shares in Tesla were closed around 5.0 percent lower, while those in AI chipmaker Nvidia shed ... In Asia, Japan's Nikkei index closed up nearly two percent, with the yen's recent weakness proving ...
Sakana AI has raised around 20 billion yen ($139 million ... spur the democratization of AI in Japan. Some U.S. media outlets have reported that Nvidia is considering investing in ChatGPT-maker ...
Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on ...