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Category: FINANCE

Posted on 12/05/2023

IRS Working With Ukraine to Track Russian Crypto Sanctions Evaders

The IRS criminal investigation division is ramping up collaboration with counterparts overseas in pursuit of sanctions evaders. The agency said it is working with blockchain analytics firm Chainalysis ...

Posted on 12/05/2023

G7 Finance Ministers to meet in Japan to tackle global economic challenges

The financial leaders of the Group of Seven wealthy nations meet in Japan beginning on May 11 as a standoff over the U.S. debt ceiling ...

Posted on 11/05/2023

Japan looks to regain its rightful place in the cryptocurrency world pecking order

NexTech Week trade show kicked off Wednesday in Tokyo, celebrating all things technology, including blockchain and Artificial Intelligence.

Posted on 11/05/2023

Crypto VCs Behind 10T Want to Build New $200 Million Fund

There are still investors who want to put money into cryptocurrency startups, despite the recent wave of scandals and setbacks that have shaken the industry. A team of crypto investors is seeking $200 ...

Posted on 11/05/2023

Roundup: Japan’s Nikkei ends marginally higher, subpar earnings outlooks weigh

Japan's benchmark Nikkei stock index ended fractionally higher Thursday as technology issues followed their U.S. peers higher, although shares were sold following some disappointing domestic earnings ...

Posted on 11/05/2023

Japan pledges to mobilise $1 billion to help nations around Ukraine accept refugees

Japan will unveil a plan on Thursday to mobilise $1 billion to help countries surrounding Ukraine accept refugees from the war-torn country, Finance Minister Shunichi Suzuki said on Thursday. The funding would be provided via the state-owned Japan Bank for International Cooperation (JBIC),

Posted on 11/05/2023

Japan to chair G-7 finance meeting in Washington

Finance Minister Shunichi Suzuki said on Tuesday that Japan would chair a Group of Seven (G-7) financial leaders’ meeting on Wednesday in Washington to discuss the global economy and financial ...

Posted on 11/05/2023

BoJ’s Ueda: No big problem in Japan’s banking system

Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, “there is no big problem in Japan's banking system.” Financial market, financial system stable for now. Hope to communicate with G7 ...

Posted on 11/05/2023

Nikkei 225 index: is it safe to buy Japan stocks in May?

The Nikkei 225 index held steady close to its highest level since September last year ahead of the upcoming Softbank earnings. The index, which tracks the biggest Japan companies, rose to ¥29,200, ...

Posted on 11/05/2023

Japan Funds Ramp Up Treasury Purchases Amid US Banking Turmoil

Japanese investors bought a record amount of Treasuries in the first three months of the year as concern over the US banking sector damped bets on Federal Reserve rate hikes.

Posted on 11/05/2023

Bank of Japan weighed ‘risk’ of premature monetary tightening at April meeting

The Bank of Japan maintained ultralow interest rates at its meeting last month after considering "the risk of missing a chance" to achieve its inflation target by prematurely revising policy, a ...

Posted on 11/05/2023

G7 finance ministers tackle global economic challenges as Yellen seeks to reassure on debt standoff

The financial leaders of the Group of Seven wealthy nations are meeting in Japan as a standoff over the U.S. debt ceiling looms as one of the biggest potential threats to the global economy. Treasury ...

Posted on 11/05/2023

US Debt Standoff Overshadows G7 Finance Leaders’ Meeting

Treasury Secretary Janet Yellen was expected to face questions from her G7 counterparts, meeting in the Japanese city of Niigata, on how Washington intends to prevent turbulence in financial markets, ...

Posted on 11/05/2023

DPM Lawrence Wong in Niigata, Japan, for G-7 meeting of finance chiefs

Singapore’s Finance Minister and Deputy Prime Minister Lawrence Wong will attend a meeting of finance chiefs and central bank governors from the Group of Seven (G-7) bloc of wealthy industrialised ...

Posted on 11/05/2023

PREVIEW China and US debt woes may dominate G7 finance chiefs’ talks

China will be the elephant in the room at this week's meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country -- but also try to get Beijing's ...

Posted on 11/05/2023

G-7 finance chiefs to discuss bank woes, Ukraine, emerging risks

NIIGATA (Kyodo) -- Finance chiefs from the Group of Seven will meet Thursday for three-day talks in Niigata Prefecture, central Japan, as they aim to boost confidence in the banking sector, coordinate ...

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