The Japanese yen has fallen to a 40-year low against the US dollar, reaching 162.83 despite the government spending about $72 billion in currency interventions and the Bank of Japan raising interest rates to 1%. Finance Minister Katayama has promised bold action to stop the decline, but IMF rules limit further interventions until November 2026. Meanwhile, Japanese corporations are increasingly buying Bitcoin and XRP to diversify their treasury holdings and hedge against yen depreciation. The situation highlights growing currency risk and could drive more corporate crypto demand unless a major policy shift or coordinated intervention occurs.
Kalmar Corporation has extended its Kalmar Complete Care service agreement with Holmen's production site in Iggesund, covering Holmen Board and Paper and Holmen Wood Products. The contract includes maintenance for about 130 mixed-brand units such as ...
Members of Together for Supportive Cancer Care, a coalition of over 40 organizations, rang the Nasdaq closing bell to highlight the importance of Supportive Cancer Care in the U.S. This care approach addresses not only cancer treatment but also emoti...
Glow, an AI-powered endpoint security startup, announced $180 million in funding at a $1.2 billion valuation. Founded by former Meta, Snowflake, and Claroty executives, Glow aims to transform endpoint security by using AI to prevent threats before th...
A recent TransUnion Canada survey reveals that while Canadians show modest financial improvement and increased optimism, inflation remains a top concern for 86% of respondents. Half report incomes not keeping pace with rising costs, leading 51% to cu...
Tyton Partners released a report identifying where K-12 student success initiatives fall short and which approaches deliver results. Despite widespread adoption of student success frameworks, only a small fraction of districts effectively use them in...
