TOKYO – Bank of Japan Governor Haruhiko Kuroda isn't known for his juggling or acrobatic skills. Yet keeping Asia's No. 2 economy aloft is requir ... ( read original story ...)
Bitcoin Evangelists Musk, Saylor and Winklevoss React to Crypto Crash
The cryptocurrency market has collapsed by nearly $2.7 trillion since November, weakening the position of evangelists. ( read original story ...)
Bitcoin news – live: BTC sinks further towards $20K mark, crypto market slips below $900M
After increasing in value slightly on Thursday, bitcoin has sunk further by about 7 per cent in the last 24 hours, and has sunk below $21,000, with the overall crypto market dipping below the $900 mn ... ( read original story ...)
UPDATE 1-Nikkei faces biggest weekly loss in more than 2 years; BOJ keeps policy
Japan's Nikkei braced on Friday for its biggest weekly drop in more than two years, even as the Bank of Japan maintained its massive stimulus. The Bank of Japan maintained ultra-low interest rates on ... ( read original story ...)
Japan names budget chief Chatani as top finance bureaucrat
Chatani, 58, will succeed Koji Yano as vice finance minister, the top bureaucratic post at Japan's most powerful ministry, taking effect next Friday, the Finance Ministry said. Masato Kanda, 57, ... ( read original story ...)
Bank of Japan Maintains Ultra-Low Interest Rates, Bucking Global Trend
The central bank didn’t lift the target for government bond yield despite market speculation. ( read original story ...)
Elon Musk Suddenly Hit With Huge $258 Billion Crypto Pyramid Scheme Lawsuit Over Dogecoin Amid A Devastating Bitcoin And Ethereum Price Crash
Elon Musk, who has the power to create and destroy billions of dollars worth of bitcoin and crypto value with just a tweet, has helped the meme-based dogecoin become a top ten cryptocurrency over the ... ( read original story ...)
Crypto is collapsing. Mortgage rates are soaring. Here’s what it all means
You have seen the headlines: mortgage rates and inflation are spiking, crypto is collapsing, and bears are back on Wall Street. But what does it all mean? "Nightcap" host Jon Sarlin talks with CNN ... ( read original story ...)
Crypto lender Celsius is being investigated by multiple states after transactions freeze
Crypto lender Celsius Network opted to freeze customer withdrawals and other transactions on Sunday, leaving its nearly two million users unable to access their funds. Now, state security boards in ... ( read original story ...)
Japan’s finance minister warns of ‘rapid’ yen decline
TOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday there has been a "rapid" weakening of the yen recently, adding that Tokyo was closely watching market moves with a stronger sense of ... ( read original story ...)
Japan’s Finance Minister Suzuki: Carefully watching impact of changes in US monetary policy
Carefully watching impact of changes in US monetary policy on Japan's economy,” Japanese Finance Minister Shunichi Suzuki said on Friday. Information on these pages contains forward-looking statements ... ( read original story ...)
Japan’s Kanda reappointed as top FX diplomat amid markets jitters
Japan has reappointed Masato Kanda as vice finance minister for international affairs, serving as the country's top currency diplomat, as part of a mid-year personnel reshuffle, the Ministry of ... ( read original story ...)
As crypto selloff accelerates, how much worse can things get?
The crypto markets buckled this week as fears of cascading failures of key blockchain finance players showed just how fragile things are for the asset class, which dipped below a $1 trillion total ... ( read original story ...)
Will the Crypto Crash Beget a Better Crypto Future?
T he cryptocurrency winter, with prices of most crypto assets tumbling in recent months, has shone a harsh light on the fragility of Bitcoin and other crypto assets as stores of v ... ( read original story ...)
Here’s what’s at stake for markets if Bank of Japan sticks to its dovish path
Following a week of historic rate hikes and aggressive moves by the Federal Reserve and others, the Bank of Japan has hardly ever seemed more like a ... ( read original story ...)
Bank of Japan to take big paper loss if it abandons easy monetary policy
The Bank of Japan could be looking at 29T ($219B) in unrealized loss on its government bond holdings, as futures contracts on those bonds lose ... ( read original story ...)