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Category: FINANCE

Posted on 28/06/2023

Japan Finance Minister vows to respond if yen weakening becomes excessive

Japan's Finance Minister Shunichi Suzuki kept up verbal warnings on Tuesday against the yen's depreciation, saying he would respond appropriately if currency moves became excessive.Suzuki's latest ...

Posted on 27/06/2023

Japan Exempts Token Issuers from the 30% Crypto Tax on Paper Gains

New tax exemption in Japan allows token issuers to save on corporate taxes, boosting the growth of the crypto industry and encouraging token issuance activities ...

Posted on 27/06/2023

Brokerage Firm Prometheum Wants to Use Exemption to Trade Crypto

Prometheum’s plan involves the use of an exemption that regulators created 50 years ago to permit trading of shares that were restricted.

Posted on 27/06/2023

How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology

Ranking crypto hubs worldwide with some level of accuracy and credibility is fraught with challenges. We had basic questions like: What is the

Posted on 27/06/2023

Zug: Where Ethereum Was Born and Crypto Goes to Grow Up

Tiny is mighty when it comes to Zug's performance across all the criteria in our Crypto Hubs 2023 rubric. With a small population, Zug scored

Posted on 27/06/2023

EU Reaches Agreement on Crypto Asset Regulations in Banking

The EU has reached a political agreement on regulations to safeguard the financial system from “unbacked cryptocurrencies” and strengthen banks.

Posted on 27/06/2023

Roundup: Japan’s Nikkei ends lower for 4th day as tech shares drop

Japan benchmark Nikkei stock index closed lower on Tuesday extending its losing streak for a fourth-straight day as technology issu ...

Posted on 27/06/2023

(LEAD) S. Korea, Japan to hold finance ministerial meeting this week in Tokyo

South Korea and Japan plan to hold a financial ministerial meeting this week to discuss bilateral economic ties, the finance ministry said Tuesday. Finance Minister Choo Kyung-ho will meet with his ...

Posted on 27/06/2023

Japan stocks lower at close of trade; Nikkei 225 down 0.49%

Japan stocks were lower after the close on Tuesday, as losses in the Power, Precision Instruments and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.49%. The ...

Posted on 27/06/2023

Japan’s Nikkei posts longest losing streak of 2023 as tech slides

JAPAN’S Nikkei share average slumped to its longest losing streak of the year on Tuesday (Jun 27), with many of the nation’s biggest technology names tracking overnight declines in US peers. Read more ...

Posted on 27/06/2023

Factbox-Japan’s Toolkit to Combat Sharp Yen Declines

Japanese authorities are facing renewed pressure to combat the yen's fresh declines driven by market expectations that the Bank of Japan will keep interest rates ultra-low, even as other central banks ...

Posted on 27/06/2023

Japan’s finance minister warns again of steps to deal with yen’s decline

Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated that "appropriate" steps would be taken to deal with the yen's sharp drop versus the U.S. dollar. "We've seen some rapid, one-sided ...

Posted on 27/06/2023

Einstein’s ‘Insanity’ Theory Collides With Japan’s $5 Trillion Mess

Japan exemplifies the economic version of Albert Einstein’s belief that trying the same thing over and over again expecting a better outcome was just nuts.

Posted on 27/06/2023

S. Korea, Japan to hold finance ministerial meeting this week in Tokyo

South Korea and Japan plan to hold a financial ministerial meeting this week to discuss bilateral economic ties, the finance ministry said Tuesday. Finance Minister Choo Kyung-ho will meet with his Japanese counterpart,

Posted on 27/06/2023

Japan’s Nikkei heads for fourth straight decline as tech tumbles

Japan's Nikkei share average headed for a fourth straight decline on Tuesday, as investors continued to take profits following the index's surge to a 33-year peak last week. Many of the nation's ...

Posted on 27/06/2023

Japan Finance Minister Calls Yen’s Moves ‘One-Sided and Rapid’

The current movement of the yen-dollar exchange rate is "one-sided and rapid," Japan's minister of finance Shunichi Suzuki ...

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