Asian markets will be watching inflation numbers from Tokyo, as well as minutes from the Bank of Japan for its December meeting.
Bank of Japan retains its ultra-loose policy, says 2% inflation target is in sight
All economists surveyed by Reuters expected the Bank of Japan to maintain its negative rate policy this month — making the BOJ the world's only central bank with negative rates.
Inflation in Japan’s Capital Slips Below Central Bank Target
TOKYO (Reuters) - Core inflation in Japan's capital slowed below the central bank's 2% target to hit the lowest level in nearly two years, data showed on Friday, underscoring policymakers' view that ...
Crypto energy use to increase over 30% by 2026, AI by even more
The International Energy Agency predicts a faster rise in energy consumption in the next few years, especially among data centers.
A Miami man converted cash into crypto for a fee, but without a license. Now he’ll pay
A Miami man has pleaded guilty to operating an unlicensed money-transmitting business, a federal crime. He used the business to exchange digital currency with customers including a known drug trafficker and money launderer.
Pastor Accused of Defrauding Investors of $3M Via Crypto Scheme Says He Got Help From ‘The Lord’
A Colorado pastor for an online church who is accused of defrauding investors of more than $3.2 million through a cryptocurrency marketplace he ran with his wife says “the Lord” helped him orchestrate
Desperate Chinese Investors Are Pouring Into the U.S., Japan
The nation’s individual investors are desperate to shift their money out of the country—and they are willing to pay a big premium to do so.
Crypto fans got what they wanted. So why is bitcoin falling?
Cryptocurrencies were rising late last year in anticipation that the first-ever spot bitcoin ETFs would receive regulatory approval. But once they received the go-ahead, bitcoin fell.
North Korean-Linked Hackers Are Targeting Crypto Platforms More But Stealing Less, Report Says
The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount of funds stolen dropped around 40%, a report Wednesday from blockchain analysis firm Chainalysis Inc.
Chinese Investors Are Pouring Into the U.S., Japan
Chinese individual investors are desperate to shift their money out of the country—and they are willing to pay a big premium to do so. The best example of their desperation: Some this week have been ...
How Japan is helping America’s youth leave home
The emergence of these lean, cheaply-capitalised and customer-hungry Japanese buyers has, says Whelan, created a distinct new “tension” in the US homebuilding sector: consolidation is in the air, with ...
North Korean hackers targeting crypto more but stealing less: report
The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount of funds stolen dropped around 40%, a report Wednesday from blockchain ...
A Colorado pastor says God told him to launch a crypto venture. He’s now accused of pocketing $1.3 million from his followers
Last April a Denver pastor launched a cryptocurrency, INDXcoin, with sales pitches filled with prayer and quotes from the Bible. Now he and his wife are accused of pocketing $1.2 million from ...
Japan’s Nikkei falls as BOJ policy shift prospects weigh
TOKYO: Japan's Nikkei share average fell further on Thursday as market participants firmed up bets that the Bank of Japan (BOJ) will exit stimulus in coming months. The Nikkei had slipped 0.4% to ...
Japan’s top forex diplomat vigilant to market impact from BOJ stimulus exit
TOKYO (Reuters) - Japan's top currency diplomat Masato Kanda said he was ... and will continue to do so," he added. As vice finance minister for international affairs, Kanda oversees currency policy ...
Japan Bond Yields, Bank Shares Jump on BOJ Rate Hike Bets
Japanese government bond yields and bank stocks jumped Wednesday as investors decided that monetary policymakers are on track to scrap negative interest rates in the near term after all.