For the first time since Haruhiko Kuroda took the helm in 2013, the Bank of Japan isn’t projecting more optimism than private economists in a shift in its messaging facilitated by Covid-19. ( read original story ...)
SoftBank to maintain stake in Arm after partial sale
TOKYO -- SoftBank Group plans to maintain a stake ... SoftBank was already considering an IPO of Arm in the next few years when it was approached by Nvidia last month, according to sources. ( read original story ...)
Think About Buying the Hong Kong IPO Didi Chuxing
Didi Chuxing may do an IPO in Hong Kong, as early backer Softbank seeks an exit to raise cash for its Vision Fund 2. ( read original story ...)
Can You Write Off Crypto Scams
It's hard to write-off crypto scam & exchange hack losses on your taxes. But, even if you could, the actual tax benefit of those write-offs may not be significant. ( read original story ...)
Bank of Japan appoints new lead for department that researches digital currency projects
The Bank of Japan (BOJ) has appointed notable economist Kazushige Kamiyama as the new head of a department that oversees research on central bank digital currencies (CBDCs). According to a Reuters ... ( read original story ...)
Twitter says ‘phone spear phishing attack’ used to gain network access in crypto scam breach
Twitter has revealed a little more detail about the security breach it suffered earlier this month when a number of high profile accounts were hacked to spread a cryptocurrency scam — writing in a ... ( read original story ...)
Japan bank Mizuho’s profit slides 24.6% as credit costs rise amid virus
Mizuho Financial Group said on Friday its net profit dropped 24.6% in the first quarter of its financial year as credit-related costs rose amid the coronavirus pandemic. For the current financial year ... ( read original story ...)
Japan warns against ‘rapid’ rise in the yen, discusses response
Japanese Finance Minister Taro Aso described the yen's recent rise as "rapid" on Friday, signalling concern that a strong currency could add pain to an export-led economy already in recession because ... ( read original story ...)
Japan finance minister Aso warns against ‘rapid’ yen rises
Japanese Finance Minister Taro Aso described the yen's recent rise as "rapid" on Friday, signalling concern that a strong currency could add further pain to an export-led economy already in recession ... ( read original story ...)
Japan MOF, FSA, BOJ to meet from 0700 GMT – MOF
Senior officials from Japan's Ministry of Finance (MOF), the Bank of Japan and the Financial Services Agency will meet on Friday from 4 p.m. (0700 GMT) to discuss financial markets, the finance ... ( read original story ...)
Japan Finance Corporation — Moody’s assigns A1 to JFC’s series 85-86 debt issues (Japanese only)
Read the full article at Moody's ... ( read original story ...)
SoftBank advances share buyback with approval of $9.6 billion tranche
SoftBank Group said on Friday it has approved a 1 trillion yen ($9.6 billion) share repurchase, the final tranche of a record 2.5 trillion buyback that has helped propel its share price to ... ( read original story ...)
Japan finance minister Aso sees recent yen rise as ‘rapid’
TOKYO (Reuters) - Japanese Finance Minister Taro Aso described the yen’s recent rise as “rapid”, signalling concern that a strong currency could hurt the country’s export-led economy. ( read original story ...)
Tokyo to urge restaurants, karaoke bars to shorten hours in Aug -Nikkei
TOKYO, July 30 (Reuters) - Japan's capital of Tokyo plans to urge shorter operating hours for restaurants and karaoke parlours next month to tackle a recent spike in coronavirus infections, the ... ( read original story ...)
Japan MOF official says forex stability important, watching ‘with sense of urgency’
TOKYO, July 31 (Reuters) - A senior official at Japan’s Ministry of Finance said on Friday that foreign exchange stability was important and that he would continue watching the currency market closely ... ( read original story ...)
Plug and Play Japan to Open its New Office “Plug and Play Osaka”
OSAKA, Japan, July 30, 2020 /PRNewswire/ -- Plug and Play Japan KK (Head office: Shibuya-ku, Tokyo; President: Philip Vincent, hereinafter "Plug and Play Japan") is pleased to announce the opening ... ( read original story ...)