The Bank of Japan on Friday loosened control of its yield curve control, which will allow long-term yields to jump above its 0.5% limit as the institution takes a step away from its low-interest rate rules. ( read original story ...)
Coliform bacteria found in edamame from China; Osaka issues sales ban, recall
The city health center here on July 25 imposed a sales ban and recall of products from a local food trading company after coliform bacteria w･･･ ... ( read original story ...)
Japan registers record population decline, unprecedented surge in foreign residents
Just as Japan saw a substantial increase in foreign residents in 2022, it also registered a decline in its native population of approximately 800,000 people, marking the biggest drop on the country’s record. ( read original story ...)
The Bank of Japan Admits Reality
The Bank of Japan on Friday took another step toward normalizing monetary policy—or did it? Add confusion to the list of risks from decades of policy experimentation by the central bank in the world’s third-largest economy, as investors decipher the ... ( read original story ...)
Congress hands the crypto industry two wins and a loss before August recess
Lawmakers prioritized bills targeting digital asset regulation before the August recess. Two bills advanced out of the House Financial Services Committee this week that represented victories for the ...
Japan’s Population Is Plummeting at an Astonishing Rate
Japan's population crisis continues to get worse by the year. New data released on Wednesday by Japan's Ministry of Internal Affairs reveals that the number of Japanese nationals fell by more than 800, ( read original story ...)
Japan gearing up to launch small moon lander next month
The Japanese Aerospace Exploration Agency (JAXA) is gearing up to send the Smart Lander for Investigating Moon, or SLIM, mission to the moon on an H-2A rocket on Aug. 26 Japan time (0034 GMT, 9:34 a.m. JST, or 8:34 p.m. EDT on Aug. 25). ( read original story ...)
Bitcoin Wobbles, Then Regains Its Balance Above $29.2K; ETH, DOGE, MATIC Fall
The largest cryptocurrency ticked down for a couple of hours after a report that the Bank of Japan was mulling a change to its yield curve control policy before regaining ground.
Bitcoin price forecast with the help of EUR/USD
Bitcoin and EUR/USD have a direct correlation. EUR/USD leads. Bitcoin’s recent bullish trend has been based solely on the dollar’s weakness.
FTX and Genesis reach agreement in bankruptcy dispute: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
After Worldcoin Launch, Many Ask If Biometric Data Collection for Crypto Is An ‘Outlandish Bribe’
Backed by Marc Andreessen and one-time investor FTX's Sam Bankman-Fried, the Worldcoin crypto runs on the layer-2 blockchain network Optimism, which announced that its daily transaction volume recently eclipsed that of rival network Arbitrum thanks to Worldcoin’s release.
Europe stocks close lower as German economy stagnates; Bank of Japan surprises with policy tweak
European stocks closed slightly lower Friday as investors processed a week of earnings and central bank decisions.
What’s next for markets after the Bank of Japan enacts flexible yield-curve control
The BoJ's move should lead to upward pressure on global government-bond yields and an appreciating yen, while hurting the appeal of Treasurys, analysts said.
President Biden to host the leaders of Japan and Korean for an August summit at Camp David
WASHINGTON (AP) — President Joe Biden will host the leaders of Japan and South Korea next month for a summit at Camp David, the White House announced Friday. ( read original story ...)
Osaka retailer hit with 200 million yen bill for false duty-free sales
OSAKA--Tax authorities here ordered Hankyu Hanshin Department Stores Inc. to pay consumption taxes of around 200 million yen ($1.43 million) for improper duty-free sales to foreign customers who did ... ( read original story ...)
Japan forecasts large boost to defense spending over next five years
Japan might spend $309.75 billion on defense between FY24 and FY28, compared with $122.48 billion during the previous five fiscal years. ( read original story ...)