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 ...)

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 ...)

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 ...)

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 ...)