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Tag: banking

Posted on 14/10/2021

Japan’s Wealth Distribution Measures May Come Out With Some Time Lag, New Economy Minister Says

He said he didn't see the need to change an accord between the Bank of Japan and the government under which they committed to aim for 2% inflation. The central bank's low-rate policy has helped the ... ( read original story ...)

Posted on 14/10/2021

Japan Finance Ministry declines to disclose info on document-tampering scandal

The Ministry of Finance has decided not to release material related to the document-tampering scandal concerning the heavily discounted state ... ( read original story ...)

Posted on 14/10/2021

Japan Economy Minister Says Abenomics Fell Short at Spreading Wealth

Japan’s economic strategy in recent years has fallen short at passing on rising corporate profits to workers and the nation’s new administration is determined to tackle those shortcomings, according ... ( read original story ...)

Posted on 14/10/2021

The crypto community’s efforts to plug India’s syringe shortage have hit supply-chain hurdles

India’s cryptocurrency community is chipping in to overcome an acute syringe shortage hindering the country’s Covid-19 vaccination drive. But supply chain disruptions and regulatory hurdles pose ... ( read original story ...)

Posted on 14/10/2021

What Bitcoin’s Non-Reaction to the Pandora Papers Tells Us About Crypto Behavior

Pandora Paper revelations validated Crypto's anti-elite, anti-establishment mantra, yet Bitcoin held steady. What does that tell us about market movements in the future? ( read original story ...)

Posted on 14/10/2021

TSMC announces plans to build first chip plant in Japan

Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, on Thursday announced it plans to build its first-ever chip plant in Japan, answering Tokyo's call to strengthen the ... ( read original story ...)

Posted on 14/10/2021

Bank of Japan board member says tapering stimulus not option despite recovery

Japan' economy will likely see a pent-up demand but reducing monetary stimulus to cope with accelerating inflation will not be an opt ... ( read original story ...)

Posted on 14/10/2021

Japan ruling party executive calls for $290bln stimulus package

Such large-scale spending would be needed to fill Japan's output gap and achieve the central bank's 2% inflation target, said Kozo Yamamoto ... ( read original story ...)

Posted on 14/10/2021

Nikkei jumps tracking Nasdaq, Tokyo Electron shines

Japan's Nikkei share average rose on Thursday, tracking the Nasdaq overnight, with gains led by chip equipment maker Tokyo Electron 8035.T and other heavyweight technology stocks. The Nikkei share ... ( read original story ...)

Posted on 14/10/2021

Japan ruling party executive calls for US$290 billion stimulus package

Japan must compile an economic stimulus package worth at least 32-33 trillion yen (US$282-US$290 billion) to cushion the impact of the coronavirus pandemic, a senior ruling party official close to ... ( read original story ...)

Posted on 14/10/2021

Japan ruling party executive calls for $290 billion stimulus package

Japan must compile an economic stimulus package worth at least 32-33 trillion yen ($282-$290 billion) to cushion the impact of the coronavirus pandemic, a senior ruling party official close to Prime ... ( read original story ...)

Posted on 14/10/2021

Medical Device Maker Tumbles in Japan’s Biggest IPO Since 2018

Shares of Japan’s PHC Holdings Corp. fell in their Tokyo trading debut after being sold at the bottom of a marketed range in the nation’s biggest initial public offering since 2018.Most Read from ... ( read original story ...)

Posted on 14/10/2021

Ageing and the real interest rate in Japan: A labour market channel

The Japanese economy has experienced a prolonged slowdown in growth and persistent declines in the real interest rate, while at the same time the country’s labour force has been rapidly ageing. This ... ( read original story ...)

Posted on 14/10/2021

Crypto Firms Brace for Regulation by Writing Their Own Rules

Faced with the prospect of a broad crackdown from federal enforcers, crypto firms are increasingly trying to make the argument in Washington that the old rules shouldn’t apply. To shape the debate, ... ( read original story ...)

Posted on 14/10/2021

G-20 finance chiefs back landmark tax deal, vow to act over inflation

Finance chiefs from the Group of 20 major economies on Wednesday endorsed a global minimum corporate tax rate of 15 percen ... ( read original story ...)

Posted on 14/10/2021

Peter Luger Defies Pandemic to Open Its First Tokyo Steak House

One of the legendary tastes of New York will finally be available in Tokyo on Thursday, as Peter Luger Steak House opens the doors to its first location outside New York. Most Read from BloombergWhat ... ( read original story ...)

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