The Bank of Japan ended its negative interest rate policy on Tuesday, marking a historic shift away from an aggressive monetary easing program that had been implemented to fight chronic deflation. ( read original story ...)
Bitcoin’s sudden fall is dragging down crypto stocks like Coinbase — and even Tesla
Tuesday, March 19, was bad for Bitcoin and other crypto-related stocks. A 7% dip in the cryptocurrency’s price led to the fall of other big-name stocks, including Tesla, MicroStrategy, Coinbase, and ...
The Carry Trade Has Been a Winner. Why the Bank of Japan Is Giving It a Handicap.
The Bank of Japan’s decision to raise interest rates for the first time in 17 years could have a big impact on a popular way for investment bankers to make money. It’s called a carry trade. Here’s a ...
Japan ditches negative interest rate, overhauls loose monetary policy
Japan's central bank voted Tuesday to raise its benchmark interest rate out of negative territory for the first time since 2016 and overhaul loose monetary policy aimed at combating decades of ... ( read original story ...)
Crypto firm Ledger to launch iPod-inspired crypto wallet in May, after months of delays
Pascal Gauthier, CEO of crypto firm Ledger, said that he expects the Ledger Stax to launch in two months' time. The Ledger Stax has been beset by a series of shipment delays over the past year due to ...
The bankrupt crypto firm Genesis will pay the SEC $21 million over its lending program
Genesis Global Capital, a bankrupt crypto lender, has agreed to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws that are related ...
Japan shares higher at close of trade; Nikkei 225 up 0.66%
Investing.com – Japan equities were higher at the close on Tuesday, as gains in the Paper&Pulp, Shipbuilding and Precision Instruments sectors propelled shares higher. At the close in Tokyo, the ...
So, Godzilla Is Not Only A Tokyo Cop Now, He’s The Freaking Chief Of Police
The wild event brought Godzilla to a local police station, and press greeted the kaiju as he was appointed chief. The monster was then gifted a sash denoting his new title, and Godzilla hit the ... ( read original story ...)
In Osaka, Takoyaki Is Street Food and Pop Culture
Osaka’s street food district, Dotonbori, is overrun with octopuses. Look in any direction as you wander the overwhelming, neon-lit area and you’ll surely lay eyes on a giant red cephalopod. Some are ... ( read original story ...)
Japan’s Labor Market Has a Lesson for the Fed: Women Can Surprise You
Japan’s improved labor force participation for women is a reminder not to assume that job market limits are clear and finite. ( read original story ...)
City of Austin to consider shelling out $87 million for former Tokyo Electron headquarters
Tokyo Electron Ltd. put its 107-acre campus on the market late last year. The property is at 2400 Grove Blvd., just off East Riverside Drive. The Japanese company supplies equipment used to ... ( read original story ...)
Japan’s Trillion Dollar Pension Fund Considers Bitcoin For Diversification
Japan's Government Pension Investment Fund, one of the world's largest pension portfolios, has recently shown interest in exploring bitcoin.
The Bank of Japan just made a historic rate pivot. Here’s what could happen next
The decision Tuesday sparked a sharp selloff in the Japanese yen, sinking to more than 150 yen to the dollar — a level that's previously prompted intervention from Japanese authorities.Japan's central ...
Bank of Japan’s rate hike sets ‘positive backdrop’ for Japan equities
For the first time in 17 years, the Bank of Japan has hiked interest rates, up to a range of 0% to 0.1%. In response, the Yen has begun to slide against the US Dollar. The change to the nation's key ...
Earthquake-resistant supertall crowned Japan’s new tallest skyscraper
According to developer Mori, it will continue functioning as normal even in an earthquake as severe as the Great East Japan Earthquake, which was a devastating magnitude 9.0 earthquake in 2011. To ... ( read original story ...)
Naomi Osaka Advocates For ‘Life-Changing’ Maternity Pay On WTA Tour
Naomi Osaka is joining her former opponent Victoria Azarenka in calling on the Women's Tennis Association (WTA) to introduce maternity pay. Naomi Osaka is joining her former opponent Victoria Azarenka ... ( read original story ...)