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Month: September 2023

Posted on 22/09/2023

Bank Of Japan Maintains Easy Money Policy

The Bank of Japan on Friday maintained its ultra-loose monetary policy, despite increasing inflation pressure fuelling speculation on when it may change course.

Posted on 22/09/2023

Bank of Japan holds pat on monetary policy

Policymakers at the Bank of Japan have decided to leave the central bank's easing program unchanged as they wrapped up their two-day meeting on Friday.

Posted on 22/09/2023

Japan Finance Minister Suzuki: Won’t Rule Out Any Options on FX

TOKYO (Reuters) -Japan's Finance Minister Shunichi Suzuki said on Friday he would not rule out any options on currencies as the dollar broke above 148 yen to the dollar, warning against yen sell-offs ...

Posted on 22/09/2023

No options excluded in tackling forex volatility: Japan finance chief

TOKYO (Kyodo) -- Japan does not rule out any options in countering excessive volatility in foreign exchange markets, Finance Minister Shunichi Suzuki said Friday, adding the government is monitoring ...

Posted on 22/09/2023

£11bn private equity deal ends Toshiba’s 74-year run on the Tokyo stock market

Toshiba, the embattled industrial conglomerate, will be taken into private hands in a 2 trillion yen (£11 billion) deal, bringing to an end its 74 years on the ... ( read original story ...)

Posted on 22/09/2023

Urgent: 5.6-magnitude quake hits Southeast of Honshu, Japan — GFZ

BEIJING, Sept. 22 (Xinhua) -- An earthquake with a magnitude of 5.6 jolted Southeast of Honshu, Japan, at 2122 GMT on Thursday, the GFZ German Research Centre for Geosciences said. Enditem ... ( read original story ...)

Posted on 22/09/2023

Hong Kong investigates popular crypto firm for fraud

About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong's metro.

Posted on 22/09/2023

Katie Haun believes now is a good time to invest in crypto

Katie Haun left Andreessen Horowitz and raised two crypto funds totaling $1.5 billion. At TechCrunch Disrupt, she looked back at what happened over the past couple of years and confirmed that she’s ...

Posted on 22/09/2023

Almost $23 billion is owed to Mt. Gox crypto hack victims, but repayment continues to be delayed

Today, the bankrupt and defunct Mt. Gox estate is holding on to around 138,000 Bitcoin, which is equivalent to approximately $3.7 billion.

Posted on 22/09/2023

Sam Bankman-Fried’s trial date—here’s what could happen as the FTX crypto king turned con man goes to court

Fortune Crypto’s Jeff Roberts and Leo Schwartz discuss possible outcomes of the year’s biggest court case.

Posted on 22/09/2023

JPEX: Hong Kong investigates influencer-backed crypto exchange

Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven people, including popular ...

Posted on 22/09/2023

Asia markets poised for fall ahead of Bank of Japan rate decision

Japan's Nikkei 225 is set to extend losses and fall ahead of the BOJ decision, with the futures contract in Chicago at 32,070 and its counterpart in Osaka at 32,000 against the index's last close of ...

Posted on 22/09/2023

Japan’s Aug inflation stays above BOJ target for 17th month

Japan's core inflation was steady in August and stayed above the central bank's 2% target for a 17th straight month, data showed on Friday, a sign of broadening price pressure that could heighten the ... ( read original story ...)

Posted on 22/09/2023

Bank of Japan to heighten scrutiny on rising prices, yields at policy meeting

The Bank of Japan is expected to keep policy unchanged on Friday but will likely consider if tweaks to ultra-loose monetary settings need to be made as bond yields rise and inflationary pressures ... ( read original story ...)

Posted on 22/09/2023

Protesters in Tokyo defend trees amid plans for skyscrapers

Protesters in Tokyo formed a human chain recently to demand the government save thousands of trees by revising its plan to redevelop a popular downtown park. ( read original story ...)

Posted on 22/09/2023

Xbox’s Tokyo Game Show 2023 Recap: From Horror To RPGs – All You Need To Know

During the Xbox Digital Broadcast at Tokyo Game Show 2023, Microsoft Corporation (NASDAQ: MSFT) made several announcements focusing on Japan and Japanese-inspired games. ( read original story ...)

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