The general account fiscal 2023 budget topped 100 trillion yen for the fifth straight year. Despite record tax revenue of 69.4 trillion yen, it is still not enough to fund ballooning spending, ...
Japan MOF to slash treasury bills issuance to extend debt maturities
Japan's Ministry of Finance will cut the issuance of short-term government bonds next fiscal year starting April to extend the average maturity, which was shortened due to the heavy issuance of such ...
Japan Cabinet Approves Record Initial Budget, Adds to Debt Pile
Japan’s cabinet approved a record initial budget for the next fiscal year, piling more borrowing onto the the country’s massive debt load.
Bank of Japan’s yield curve control policy tweak is a step in the right direction, fund manager says
Vikas Pershad of M&G Investments discusses the central bank's yield curve control policy tweak and says "what we have gotten this week is a tacit acknowledgement from the BoJ that Japan's dalliance ...
Japan to unveil record $864 bln budget driven by military costs
Japan is set to unveil on Friday a record $864 billion budget for the next fiscal year from April, pushed up by increased military spending and higher social security costs for a fast-ageing ...
Japan’s Nov core consumer inflation hits fresh 40-year high
People make their way at Ameyoko shopping district in Tokyo, Japan, May 20, 2022. REUTERS/Kim Kyung-Hoon ...
Asia-Pacific shares trade lower as Japan inflation marks 40-year high
Asia-Pacific shares traded lower, following Wall Street's losses as investors looked ahead to some economic data in the region.
Pro women’s tennis players, golfers top Forbes’ list of highest-paid female athletes
Led by Naomi Osaka and Serena Williams, women's pro tennis players and golfers are cashing in, totaling nearly $224 million in earnings in 2022.
Even After FTX, S.E.C. Chair Sees No Need for New Crypto Laws
The Securities and Exchange Commission chair, Gary Gensler, said existing rules were adequate but warned crypto issuers and exchanges on compliance.
With FTX debacle, ‘the crypto bubble has now imploded’ -CIO
STORY: Federal prosecutors in Manhattan have accused Bankman-Fried of stealing billions of dollars in FTX customer funds to plug losses at his hedge fund, Alameda Research.Bankman-Fried was not asked ...
Crypto Price Check: Ghosts of Crypto Haunt Battered Sector
Cryptocurrency investors have been pounded by a series of setbacks and scandals, including most recently--and most spectacularly--the collapse of the FTX crypto exchange. Founder Sam Bankman-Fried, ...
Year-End Tax Tips After Crypto’s Dismal 2022
It has been a rough 2022 for cryptocurrency holders who had to face the collapse of luna and its associated stablecoin terraUSD, the meltdown of several digital-asset exchanges, and a brutal financial ...
FTX Case May Bring SEC One Step Closer To Banning Crypto Exchanges
On Wednesday, the SEC announced charges against two key allies of disgraced FTX founder Sam Bankman-Fried: Caroline Ellison, former CEO of FTX’s affiliate trading firm Alameda Research, and Gary Wang, ...
SEC’s Crypto Crackdown Is Just Getting Started After FTX Blowup
The US Securities and Exchange Commission is just getting started with its crackdown on crypto firms that refuse to abide by its rules.
BOE Says Crypto Market Is Too Dangerous to Remain Unregulated
The Bank of England said it plans to step up its effort to regulate trading in digital currencies, after the collapse of the exchange FTX underscored the dangers the industry poses to consumers.
Android Malware ‘Godfather’ Targets Users of 400 Banks, Crypto Exchanges
The malware generates fake login screens that appear on top of legitimate banking and crypto exchange apps' login forms, stealing victims' passwords.