Ueda is the first outsider considered for the post, as I explained on Monday in previewing his selection, with previous central bank chiefs all coming from within the Bank of Japan or from the ...
At Bank of Japan’s helm, MIT-educated Ueda to put theory into practice
People who know him say Kazuo Ueda is a pragmatic policymaker-type academic who can adjust his views on monetary policy flexibly, making him hard to brand as either a hawk or a dove ...
Atom Bank boss backs London as home for much-anticipated IPO
the Japanese investment giant Softbank, said it favoured Nasdaq exchange in New York as the natural home for the firm. The post Atom Bank boss backs London as home for much-anticipated IPO appeared ...
US regulator orders crypto firm to stop minting Binance stablecoin
New York’s top financial regulator has ordered a crypto company to stop minting a major stablecoin, widening a clampdown on the embattled digital assets sector. Paxos, a blockchain company, announced ...
SoftBank’s future rests on Arm
What was clear, though, to investors, was just how much the future of SoftBank, which Son dubs as “a vision capitalist”, rests on one company: Arm. Following a historic selldown in Alibaba, an ...
Asia markets set to open lower after U.S. inflation comes in higher than expected
Futures were largely lower, with the Nikkei futures contract in Chicago at 27,730 while its counterpart in Osaka was at 27,740 against the ... according to Jeremy Siegel, a finance professor at the ...
The Bank of Japan’s new governor, Ueda Kazuo, marks a break with tradition
If approved, as seems certain, Mr Ueda will become the first academic economist to run the bank in post-war Japan, breaking with the tradition that the governor is drawn from the boj or finance ...
Crypto is joining the grown-up table, and no one is happy about it
To get it in your inbox, sign up for free, here. New York CNN — When FTX collapsed in November, it was a seismic event for the crypto industry. Many called it the “Lehman moment.” The comparison holds ...
Crypto Weekly: the bored apes are back
STORY: From why the bored apes are back, to a courtroom defeat for digital art, these are the week’s big stories in the world of virtual money…The NFT market might not be dead after all. Sales of such ...
What to Expect After The Senate Banking Hearing On Crypto Crash
The Senate Banking Committee met on crypto today, calling the Valentine’s Day hearing “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets.” This hearing covered the hot topics ...
Japan’s 10-year bond yield at top of BOJ’s policy band ahead of U.S. CPI data
Also, the Japanese government nominated academic Kazuo Ueda as the next Bank of Japan head as had been reported in the media. Yields on super-long notes were supported by a firm outcome of the ...
Japan’s next central bank governor is set to be Kazuo Ueda. Here’s what it means
Kazuo Ueda is set to become the next governor of the Bank of Japan, succeeding current central bank chief Governor Haruhiko Kuroda. The Japanese yen strengthened 0.2% Tuesday morning after the ...
Crypto scam aimed at online acquaintances costs victims billions
Despite the fraud’s growth, federal law enforcement and major crypto exchanges appear to be behind in cracking down.
Crypto markets on edge as U.S. regulatory crackdown on industry intensifies
Vijay Ayyar, vice president of corporate development and international at crypto exchange Luno, said that there might not be a major collapse in coin prices after the huge sell-off last year. "The ...
Japan’s New Central Bank Governor to Shake Things Up—Eventually
Don’t expect a new policy regime overnight from Kazuo Ueda, the Bank of Japan’s next governor. But bigger changes could be afoot longer term.
Japan’s Matsuno: Monetary policy is up to the BoJ to decide
Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on ... the all-important United States Consumer Price Index data for January. Bitcoin price shows a clear sign of exhaustion after its explosive ...