Month: July 2020

Thailand's clear regulatory climate has been cited as a reason for setting up crypto businesses in the country. ( read original story ...)

So far in 2020, ether is up 142%. A popular gauge of market sentiment known as the Crypto Fear and Greed Index has, in just one week, turned from “fear” to “extreme greed.” According to the Swedish ... ( read original story ...)

The comments mark a shift in priority for Japan on its digital yen as it seeks to counter the economic threat from regional rival China. ( read original story ...)

Rating agency Fitch on Wednesday lowered its outlook on Japan’s long-term foreign currency debt rating to negative from stable, citing the heavy blow from the coronavirus crisis and rising public debt ... ( read original story ...)

The Philippine central bank has created a committee to look at the feasibility and policy implications of issuing its own digital currency, Governor Benjamin Diokno said on Wednesday. ( read original story ...)

Before that, the market had gone through a two-month dry spell as companies scrapped plans for public debuts, wary of how the rising number of infections might affect Japan's economic outlook. Once ... ( read original story ...)

Nomura Holdings Inc, Japan's biggest brokerage and investment bank, said on Wednesday its first-quarter net profit more than doubled on the year as it continues to slash costs in its wholesale ... ( read original story ...)

"The coronavirus pandemic has caused a sharp economic contraction in Japan, despite the country's early success in containing the virus," Fitch said. The global rating agency affirmed Japan's rating ... ( read original story ...)

The Bank of Japan will begin substantive testing of digital currency it might one day issue as fears rise in the government and ruling Liberal Democratic Party that China could debut one first, posing ... ( read original story ...)

Fitch Ratings cut the outlook on Japan’s sovereign debt rating to negative from stable while keeping the rating unchanged, following a similar move last month by S&P Global Ratings.“The coronavirus ... ( read original story ...)

"We need to mindful of the chance corporate spending plans may be slashed if uncertainty over the pandemic continues. But for now, companies' spending plans remain firm when compared with sharp falls ... ( read original story ...)