In scrapping its hard 10-year bond yield ceiling of 1%, the Bank of Japan has taken a huge step towards dismantling a widespread assumption at the heart of G10 monetary policy for decades - the idea ... ( read original story ...)
Bitcoin whitepaper is only 15 years old, but it’s changed the world forever
The Bitcoin whitepaper, authored by the pseudonymous Satoshi Nakamoto and published in 2008, is 15 years old today, highlights Nigel Green.
Imminent $3 Trillion ‘Watershed Moment’—300% Crypto Price ‘Panic’ Could Be About To Blow Up Bitcoin, Ethereum And XRP
Analysts have predicted the bitcoin price could surge next year, driving it to $150,000 per bitcoin by 2025 and giving bitcoin a market capitalization of $3
3 Strategies For Finding A Certified Crypto-Friendly Advisor
Having a certified advisor with crypto expertise is crucial because of the high returns and ever-evolving nature of the market.
PayPal surges as pledge to turn “leaner” keeps crypto concerns at bay
PayPal Holdings was set to add $4 billion to its market value as a pledge to turn "leaner" cheered up investors, even as the payments giant disclosed a subpoena from the U.S. Securities and Exchange Commission tied to its stablecoin.
How Japan poses a threat to the global financial system
The bank of japan (boj) failed to deliver a Halloween thriller. Even as central banks elsewhere have raised interest rates in recent years, the boj has stuck with its ultra-loose policy, designed to ...
After 8-Hour Standoff Near Tokyo, Hostages Are Free and Suspect Is Held
The suspect, said by the Japanese media to be 86, was held after the police stormed a post office once two employees had reached safety. ( read original story ...)
Japan’s rates tweak is careful and crafty: podcast
The central bank changed its policy to allow higher 10-year bond yields. Unlike the US, it can afford to raise borrowing costs slowly as inflation is low. In this Viewsroom podcast, Breakingviews columnists explain why monetary tightening as others loosen may give Tokyo an edge. ( read original story ...)
Plan approved to use public money for extra costs of Osaka expo
The central government on Nov. 2 agreed to shoulder additional construction costs for the increasingly expensive 2025 Osaka Kansai Expo. ( read original story ...)
Japan’s SBI Holdings commits $40M to anchor Novastar Ventures future funds
SBI Holdings, a Japanese financial services conglomerate and one of the largest venture capital firms in the East Asian country, has made a $40 million multi-fund commitment to anchor pan-African VC ... ( read original story ...)
Japan laments loss of ex-China premier Li Keqiang as go-between to mend frosty ties
Li was seen as a crucial channel of direct communications and a driver of closer economic ties between Japan and China Another Chinese leader in Li's mould is not expected to emerge in an era of Xi ... ( read original story ...)
Japan gov’t agrees to shoulder extra Osaka Expo construction costs
TOKYO, Nov. 2 (Xinhua) -- The Japanese government said Thursday it has approved the increased estimate of 235 billion yen (about 1.56 billion U.S. dollars) construction costs for the 2025 World ... ( read original story ...)
Police capture suspected gunman, 86, after eight-hour standoff at post office close to Tokyo
Police in Japan ended an eight-hour standoff with a suspected gunman at a post office on Tuesday 31 October by arresting a man after two hostages were freed safely. The man reportedly had entered the post office with a gun in Warabi, ( read original story ...)
You can now get Tokyo Banana Milk at FamilyMart in Japan
However, there’s now no need to ride all the way to Tokyo Station to get your hands on the coveted treat in liquid form. FamilyMart is currently carrying Tokyo Banana drinks at all outlets nationwide (from November 7 in the Kinki region) for a limited time. ( read original story ...)
Japan compiles $113-billion package to cushion inflation
Japan's government on Thursday compiled a package of measures to cushion the economic blow from inflation that will involve spending of more than 17 trillion yen ($113 billion), a move that could ... ( read original story ...)
Japan’s Kishida: Will prod firms to hike wages next year more than 2023
Japanese Prime Minister Fumio Kishida said on Thursday he will prod companies to achieve wage hikes in 2024 that exceed levels seen this year."We hope to ensure that growth in household income exceeds ... ( read original story ...)