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Category: FINANCE

Posted on 26/03/2021

Soros Investment Chief Fitzpatrick Sees Crypto at “Inflection Point”

The chief investment officer of Soros Fund Management, Dawn Fitzpatrick, thinks cryptocurrencies are at an "inflection point," leading her firm to make ... ( read original story ...)

Posted on 26/03/2021

Crypto-art craze reaches China at ‘NFT’ exhibition

Bitcoin-inspired paintings and nightmarish faces conjured up by artificial intelligence, the global craze for "NFTs" -- virtual authenticity certificates -- swept into Beijing on Friday as curators ... ( read original story ...)

Posted on 26/03/2021

Japan’s Nearly $1 Trillion Record Budget Could Just Be the Start in Election Year

With elections coming and the pandemic yet to be quashed, a record annual budget nearing $1 trillion passed Friday by Japan’s parliament is likely to be just the start for a government that already ... ( read original story ...)

Posted on 26/03/2021

UPDATE 1-Japan’s record budget clears parliament, more COVID-19 spending eyed

Japan's record budget worth almost $1 trillion for the next fiscal year was approved by parliament on Friday, raising speculation over yet more spending ahead in response to the coronavirus pandemic. ( read original story ...)

Posted on 26/03/2021

Bank Of Japan Committee for CBDC Experimentation a ‘Necessary Step’

The Bank of Japan formed a new committee dedicated to state-backed CBDC experimentation, even though it will not issue a token yet. ( read original story ...)

Posted on 26/03/2021

Global deal making hits $1.4 trillion amid blank-check IPO frenzy

Special-purpose acquisition companies have raised $94.4 billion this year through IPOs — already more than the record annual total of $83.4 billion last year. ( read original story ...)

Posted on 26/03/2021

Forex Weekly Look Back: Cboe to acquire Chi-X Asia Pacific, Robinhood files for IPO

The United States Attorney’s Office for the Easter District of New York announced this week that Instagram influencer “Jay Mazini”, whose real name is Jeg ... ( read original story ...)

Posted on 26/03/2021

Nikkei ends higher on SoftBank boost; records 2% weekly drop

TOKYO, March 26 (Reuters) - Japanese shares closed higher on Friday, with SoftBank leading the gains on the Nikkei index, as investors scooped up beaten-down names after their sharp retreat this week. ( read original story ...)

Posted on 26/03/2021

Japan’s record budget clears parliament, more COVID spending eyed

Japan's record $1 trillion budget for the upcoming fiscal year was approved by parliament on Friday, raising speculation of still more spending in response to the coronavirus pandemic. It also ... ( read original story ...)

Posted on 26/03/2021

Japan’s Diet enacts record 106.61 tril. yen budget for FY 2021

Japan's Diet enacted Friday a record 106.61 trillion yen ($976 billion) budget for fiscal 2021 to finance steps to mitigate the fallo ... ( read original story ...)

Posted on 26/03/2021

Japan’s record budget clears parliament

The 106.6 trillion yen budget for the year beginning April 1 features 5 trillion yen in emergency spending related to the pandemic. ( read original story ...)

Posted on 26/03/2021

Central bankers’ crypto experiments should put investors on alert

Banks’ digital currencies could displace the rationale for private sector projects ... ( read original story ...)

Posted on 26/03/2021

South Korea’s proposed anti-money laundering rules could complicate things for crypto exchanges

Global crypto exchanges will have to create separate infrastructure to comply with South Korea's proposed rules on money laundering and that might not be worthwhile for those with small orders in the ... ( read original story ...)

Posted on 26/03/2021

Japan February Factory output to fall on global chip shortage: Reuters poll

Japan's factory output likely fell in February partly due to a global shortage of automotive chips, which has further damaged an economy already reeling from the coronavirus crisis, a Reuters poll ... ( read original story ...)

Posted on 26/03/2021

Consumer Price Falls Slow in Japan’s Capital, Signal Fading Deflation Fear

Core consumer prices in Japan's capital city Tokyo continued to fall in March though slowed their annual pace of decline for a third consecutive month, indicating that rising fuel cost and a rebound ... ( read original story ...)

Posted on 26/03/2021

Japan’s first digital ‘bank for everyone’ starts commercial operations in May

KUALA LUMPUR, March 26 -- Minna Bank Ltd, the Japan’s first digital bank which acquired a banking ... wishing to leverage the highly flexible system to power discrete embedded finance offerings or ... ( read original story ...)

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