Shares of U.S.-listed Japanese banks are trading lower. The U.S. Treasury's decision to more than double its repurchases of long-dated government bonds may signal to investors that the BoJ will have to hike rates more aggressively to control yen yields, which would hurt bank margins.

Kevel Secures $52 Million to Scale AI-Driven Infrastructure for the Future of Commerce Media

Kevel, an ad tech infrastructure platform for commerce businesses, announced a $52 million funding round led by Fulcrum Equity Partners, dunnhumby Ventures, Iberis Capital, and ORIX USA. The raise brings total capital to over $100 million and will fund product innovation in transparent AI decisioning, global expansion, and support for omnichannel retail media networks. The company serves 100+ commerce media networks including Tesco, Dollar General, and Home Depot.

Shares of U.S.-listed Japanese banking companies are trading lower as the Bank of Japan's preference to avoid a rate hike in October is pressuring the yen and may pose a threat to net interest margin and interest income expectations.

Shares of U.S.-listed Japanese banking companies are trading lower after the Bank of Japan's summary of opinions at its September meeting showed that some policymakers saw a need to accelerate the pace of interest rate hikes.

Shares of U.S.-listed Japanese banking companies are trading higher after Japanese 10-year government bond yields rose to a 30-year high, raising expectations of additional interest rate hikes that would boost bank lending margins.

Mizuho Analysts Focus on US-Iran Negotiations in Energy Market Commentary

Mizuho analysts provided market commentary highlighting the impact of US-Iran negotiations on oil prices.

Mizuho Securities Maintains Sell Rating on Circle

Mizuho Securities has reaffirmed its 'Sell' rating on Circle (CRCL.US).