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Tag: banking

Posted on 27/06/2023

EU Reaches Agreement on Crypto Asset Regulations in Banking

The EU has reached a political agreement on regulations to safeguard the financial system from “unbacked cryptocurrencies” and strengthen banks.

Posted on 27/06/2023

Roundup: Japan’s Nikkei ends lower for 4th day as tech shares drop

Japan benchmark Nikkei stock index closed lower on Tuesday extending its losing streak for a fourth-straight day as technology issu ...

Posted on 27/06/2023

(LEAD) S. Korea, Japan to hold finance ministerial meeting this week in Tokyo

South Korea and Japan plan to hold a financial ministerial meeting this week to discuss bilateral economic ties, the finance ministry said Tuesday. Finance Minister Choo Kyung-ho will meet with his ...

Posted on 27/06/2023

Japan stocks lower at close of trade; Nikkei 225 down 0.49%

Japan stocks were lower after the close on Tuesday, as losses in the Power, Precision Instruments and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.49%. The ...

Posted on 27/06/2023

Japan’s Nikkei posts longest losing streak of 2023 as tech slides

JAPAN’S Nikkei share average slumped to its longest losing streak of the year on Tuesday (Jun 27), with many of the nation’s biggest technology names tracking overnight declines in US peers. Read more ...

Posted on 27/06/2023

Factbox-Japan’s Toolkit to Combat Sharp Yen Declines

Japanese authorities are facing renewed pressure to combat the yen's fresh declines driven by market expectations that the Bank of Japan will keep interest rates ultra-low, even as other central banks ...

Posted on 27/06/2023

Japan’s finance minister warns again of steps to deal with yen’s decline

Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated that "appropriate" steps would be taken to deal with the yen's sharp drop versus the U.S. dollar. "We've seen some rapid, one-sided ...

Posted on 27/06/2023

Einstein’s ‘Insanity’ Theory Collides With Japan’s $5 Trillion Mess

Japan exemplifies the economic version of Albert Einstein’s belief that trying the same thing over and over again expecting a better outcome was just nuts.

Posted on 27/06/2023

S. Korea, Japan to hold finance ministerial meeting this week in Tokyo

South Korea and Japan plan to hold a financial ministerial meeting this week to discuss bilateral economic ties, the finance ministry said Tuesday. Finance Minister Choo Kyung-ho will meet with his Japanese counterpart,

Posted on 27/06/2023

Japan’s Nikkei heads for fourth straight decline as tech tumbles

Japan's Nikkei share average headed for a fourth straight decline on Tuesday, as investors continued to take profits following the index's surge to a 33-year peak last week. Many of the nation's ...

Posted on 27/06/2023

Japan Finance Minister Calls Yen’s Moves ‘One-Sided and Rapid’

The current movement of the yen-dollar exchange rate is "one-sided and rapid," Japan's minister of finance Shunichi Suzuki ...

Posted on 27/06/2023

Japan finmin Suzuki: To respond appropriately if FX moves turn excessive

Japanese Finance Minister Shunichi Suzuki said on Tuesday that sharp and one-sided moves were observed in the currency market and it was vital for currencies to move stably reflecting economic ...

Posted on 27/06/2023

Japan’s Tax Agency Eases Crypto Taxation Rules for Web3.0 Firms

Japan's Tax Agency has eased its taxation rules for Web3, providing a boost to the crypto community in the country.

Posted on 27/06/2023

Japan exempts crypto issuers from 30% corporate tax

The National Tax Agency of Japan has issued an updated edition of its corporate tax guidelines, bringing notable amendments to the taxation rules concerning crypto token issuers. The revised ...

Posted on 27/06/2023

This Malware-Laced Mario Fan Game Will Turn Your Computer Into an Unwitting Crypto Miner

Mario Forever may seem fun, but some versions of it are laced with malicious software that will hijack your computer to mine Monero.

Posted on 27/06/2023

Banking Made Easy: Why Suruga Bank is Best for Foreigners in Japan

If you’re a foreigner trying to manage your finances in Japan, you’re probably used to the struggle of smoothly opening a bank account. There is a lot of bureaucracy you have to wade through. For ...

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