Category: FINANCE

See image below: Unsurprisingly, other blockchain consortia have news to share. Here are a few. The name may not be catchy but “The Japan Bank Consortium to Centrally Provide Domestic and Cross-border Payments” officially launched with 42 member banks. ( read original story ...)

OTSU, Japan Bank of Japan board member Makoto Sakurai said the central bank will continue to buy massive amounts of government bonds even under a new policy framework targeting interest rates, shrugging off the view that its bond-buying programme was ... ( read original story ...)

Japan’s Blockchain Study Group, consisting of four large financial and accounting firms, today published a report on how blockchain technology will affect their industry. Local bitcoin exchange bitFlyer assisted the group by building an interbank ... ( read original story ...)

Three of the biggest banking corporations in Japan have partnered bitFlyer, Japan’s biggest bitcoin exchange to test the viability of domestic money transfers over blockchain technology. The banks discovered that money transfers over a blockchain were ... ( read original story ...)

TOKYO -- The Bank of Japan's interest rate-based monetary policy seems in part to be aimed at trimming bond purchases without angering easing hardliners or endangering progress toward inflation. Surging U.S. long-term interest rates in the wake of the ... ( read original story ...)

Three banking corporations in Japan have teamed up with bitFlyer, a Japanese Bitcoin exchange to test the viability of domestic money transfers over blockchain technology. In a report by regional publication Nikkei, the proof-of-concept experiment lasted ... ( read original story ...)

“[My bank’s] security apps slow my computer to a crawl so I have ... s Edge browser that has been cornered into its dying holdout markets, including Korea, Japan and Greenland. “Compared to the rest of the tech infrastructure, it’s really ironic ... ( read original story ...)

They join Matt Upton, who has signed on as head of software investment banking, in making the move to the Japanese bank. Jansen and Upton will report to Rich Gallivan, head of tech, media, and telecom (TMT) banking, and focus on winning business on ... ( read original story ...)

Higher oil prices power dollar above 114 yen, lifting shares * Oil exploration stocks outperform, with mining sector surging TOKYO Dec 1 A weaker yen helped power Japan's Nikkei share average to 11-month highs on Thursday, while many energy shares made ... ( read original story ...)

An employee of Japanese news organization Nikkei Inc. was arrested Wednesday on suspicion of illegally accessing the email accounts of a popular Japanese model, a former idol group member and two others. Jun Terai, a 29-year-old staffer in the newspaper ... ( read original story ...)

The highly controversial yield curve targeting by the BoJ creates extreme financial distortions. The demand for USD funding surges amidst curtailed supply, making the provision of USD hedging for Asian savers, corporations and banks prohibitive. BoJ’s ... ( read original story ...)

TOKYO (Reuters) - Japan's industrial output rose in October from the previous month and manufacturers say production likely bounced sharply this month, preliminary government data showed on Wednesday, in a sign of a tentative pickup in factory activity. ( read original story ...)

TOKYO — Hoping to avoid last-minute financial pressures, Japanese officials said Wednesday they are determined to keep total costs of the 2020 Tokyo Olympics Games below 2 trillion yen ($18 billion) after a three-day debriefing from organizers of the Rio ... ( read original story ...)

Following are prices for Tokyo rubber futures at the end of the Tokyo market's evening session on Nov 2016. Contract Day Volume Evening Volume * Nov 230.0 137 - - * Dec 230.9 300 - - * Jan 231.8 530 - - * Feb 234.3 768 234.9 270 * Mar 236.8 4679 237.2 1543 ... ( ...

The Bank of Tokyo-Mitsubishi UFJ, Japan's largest and most outward-looking bank, considers Australia a key growth market and wants to lend more, grow its customer numbers and provide new warehousing facilities for local mortgage lenders. Randy ... ( read original story ...)

LONDON (Reuters) - Japan Tobacco , the world's third-largest tobacco company, announced management changes on Tuesday designed to accelerate the growth of its international business, which is under pressure to join industry consolidation. ( read original story ...)