Japan's economy appears to have hit bottom and is eyeing a recovery from the damage caused by the coronavirus pandemic, its finance minister said, underscoring cautious optimism spreading among ... ( read original story ...)
Japan Passes $298 Billion Second Extra Budget Amid Pandemic
Japan’s parliament passed a record 31.9 trillion yen ($298 billion) extra budget Friday in an effort to shore up the economy amid the coronavirus pandemic.The new spending provides financing help for ... ( read original story ...)
POLL-Pandemic heightens chance Japan slides back into deflation
Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=JPCPIAP Core CPI poll data * reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=JPINTRQP Bank of Japan policy poll data TOKYO, June 12 ... ( read original story ...)
COLUMN-Japan’s yen could offer a win-win for nervy investors: Mike Dolan
With no truly safe bets during a wild year for financial markets, there's now a hunt to cover all eventualities and Japan's yen could offer a peculiar twin role. After a shocking start to the year, gl ... ( read original story ...)
Japan’s $94bln reserve to combat pandemic sparks ire as PM Abe’s ‘pocket money’
But at 20 times the usual sum for a reserve fund - and roughly equal the amount Japan spends on education and defence combined - the fund has even raised questions from the bureaucrats who have ... ( read original story ...)
Congressman Stephen Lynch Wants To Support ‘Sandbox-Like’ Crypto Pilots At The OCC
How do we start pilot programs in a ‘sandbox-like’ environment, that we then scale up to a full sandbox?” pondered Lynch. Chairman Lynch sees Brooks as someone who ‘gets’ the need for market ... ( read original story ...)
Tokyo to allow all businesses to reopen from June 19: Nikkei
The Tokyo Metropolitan Government is planning to allow all businesses to reopen from June 19, scrapping the shutdown requests it had made to contain the spread of the new coronavirus, the Nikkei ... ( read original story ...)
Tokyo Lifts Alert; Mnuchin Says Economy Can’t Shut: Virus Update
Treasury Secretary Steven Mnuchin said the U.S. “can’t shut down the economy again,” even as signs of a second wave of infections emerge. Houston may reimpose stay-home orders as cases in the city ... ( read original story ...)
Bitcoin Falls More Than 8% As Crypto Markets See Red
Bitcoin dropped sharply in the last 24 hours, reaching nearly $9,000. Will it continue to lose value in the short-term, or will it bounce back? ( read original story ...)
Ghostwire: Tokyo gameplay reveal is Killer 7 meets BioShock
Ghostwire: Tokyo is the new game from Tango Gameworks - the studio behind The Evil Within - and we just got a first look at gameplay at the PS5 Future of Gaming event. The short video confirmed the ... ( read original story ...)
Japan’s economy braces for worst postwar slump despite capex gains in first-quarter GDP
Japan's economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession. A series of ... ( read original story ...)
EU Nation at Center of Dirty-Cash Storm Cracks Down on Crypto
The country in the spotlight of Europe’s biggest-ever dirty-money scandal is turning its attention from banks to crypto-currency firms. ( read original story ...)
Crypto Exchange Binance to Launch Quarterly Bitcoin Futures
Binance Holdings Ltd., the top spot cryptocurrency exchange by trading volume, is adding to its suite of derivatives products with quarterly Bitcoin futures. ( read original story ...)
Tokyo Mortality Rose in April at Height of Virus Pandemic
The hardest-hit Japanese city, Tokyo saw 10,107 deaths from all causes in the month, according to data released Thursday by the Metropolitan Government. That’s almost 12% higher than the average of ... ( read original story ...)
Tokyo Mortality Increased in April at Height of Virus Pandemic
The hardest-hit Japanese city, Tokyo saw 10,107 deaths from all causes in the month, according to data released today by the Metropolitan Government. That’s almost 12% higher than the average of the ... ( read original story ...)
Mizuho set to deploy billions in riskier funding to help Japan’s companies cope with virus fallout
The bank is in talks with corporate clients to provide financing via subordinated loans and purchases of preferred shares totaling more than ¥100 billion. ( read original story ...)