Bank of Japan deputy governor said during a recent speech that central bank-issued digital currencies could disrupt the current banking system, not for the better. The Bank of Japan’s (BOJ) deputy governor spoke negatively about the effects of central ... ( read original story ...)
Bank Of Japan Not To Issue Digital Currency
Bank of Japan (BoJ) has made it clear that it will not issue a central bank digital currency, citing financial stability concerns. However, the Deputy Governor of Japan's central banking authority said there is need to understand innovative technologies ... ( read original story ...)
No Plans for National Cryptocurrency, Bank of Japan Official Says
Bank of Japan (BoJ), the country's central banking authority, currently has no plans to issue a central bank digital currency (CBDC), citing financial stability concerns. In a closing remark at a conference with the International Monetary Fund and Japan's ... ( read original story ...)
Japanese Official: No Plans For Central Bank Cryptocurrency
Bank of Japan (BoJ), the country's central banking authority, currently has no plan to issue a central bank digital currency (CBDC), citing financial stability concerns. In a closing remark at a conference with the International Monetary Fund and Japan's ... ( read original story ...)
Nikkei ticks up, defensive shares shine as trade war worries cast shadow
TOKYO, April 16 (Reuters) - Japan’s Nikkei share average eked out small gains on Monday on relief that U.S.-led strikes on Syria appeared to be a one-off event though lingering caution about a trade war had investors flocking to defensive shares. ( read original story ...)
Top Japan finance official denies sexual harassment, says to sue publisher
TOKYO (Reuters) - Japan's top finance bureaucrat denied on Monday a weekly magazine's allegation that he had sexually harassed female reporters and vowed to sue its publisher for defamation, his ministry said in a statement. The weekly Shincho magazine ... ( read original story ...)
How Nissin sparked an instant food culture
Operating from a small shack in the backyard of a house in Ikeda in Osaka Prefecture, Momofuku Ando labored through ... to buy shares of the instant noodle maker when a unit launched an IPO in Hong Kong in December last year. I believed I was being a ... ( read original story ...)
R3 blockchain consortium welcomes Japanese banking giant SBI’s subsidiary
SBI Bank, a Russian commercial banking subsidiary of Japanese financial giant SBI Holdings, has announced that it is joining the New York-based blockchain consortium led by R3, CoinDesk reported. R3’s global network counts over 200 banks, financial ... ( read original story ...)
Japan PM Abe to sack top finance official accused of sexual harassment: paper
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe has decided that a top finance ministry official accused of sexually harassing several female reporters must be fired, the daily Sankei newspaper reported on Monday, without citing a source. The weekly ... ( read original story ...)
Big in Japan: RE funds have poured $15B into the market since 2014
Between January 2014 and September 2017 alone, real estate funds have sunk about $15 billion into Japanese property markets, according to Bloomberg, with expectation that, thanks to the Bank of Japan, investment yields will stay high relative to government ... ( read original story ...)
Reliance Jio raises $500 million three Japanese banks via Samurai loans
Reliance Jio Infocomm Limited (RJIL) has reportedly raised $500 million from three Japanese banks – Bank of Tokyo Mitsubishi UFJ (MUFG), Sumitomo Mitsui Banking Corporation (SMBC) and Mizuho Bank – under a syndicated Samurai loan form. Reliance Jio ... ( read original story ...)
Japan to propose new framework to discuss trade with U.S.: Nikkei
TOKYO (Reuters) - Japan will propose setting up a new framework to discuss trade issues with the United States in a summit next week, the Nikkei newspaper reported on Saturday. Economy Minister Toshimitsu Motegi is likely to lead the Japanese delegation ... ( read original story ...)
Japan’s financial watchdog inspects Suruga Bank: Nikkei
TOKYO (Reuters) - Japan’s financial watchdog has launched an on-site inspection of Suruga Bank Ltd (8358.T) in connection with loans it made to customers for housing investment, the Nikkei newspaper reported on Friday. The Financial Services Agency (FSA ... ( read original story ...)
Japan casino framework better than feared: MS
Banking group Morgan Stanley says the broad regulatory framework for Japan so far agreed between the governing coalition – the Liberal Democratic Party and Komeito – was “better than feared”. “The revenue tax rate of 30 percent is lower than ... ( read original story ...)
Reliance Jio plans to raise USD 500 million from Japanese banks
NEW DELHI: Telecom operator Reliance Jio is learnt to be in talks with three Japanese banks to raise USD 500 million (around Rs 3,250 crore) in debt. "Reliance Jio is in discussion with MUFG (formerly The Bank of Tokyo-Mitsubishi UFJ) , Mizuho Bank and ... ( read original story ...)
Japan’s economy likely stalled in first-quarter, but set to pick up again – Reuters poll
Despite a solid economy, consumer prices have been slow to recover and inflation remains well below the Bank of Japan’s 2 percent target. Economists projected the core consumer price index, which includes oil products but excludes fresh food, will rise ... ( read original story ...)