If the economy suffers a prolonged and deep slump, however, that could trigger a full-fledged, banking-sector correction,” the BOJ said. ( read original story ...)
Japan’s Inflation Obsession Fades in Effort to Cope With Virus
The Bank of Japan has long tried and failed to hit its target of 2% annual inflation, but the coronavirus means the topic has faded from conversation in a sign a permanent shift in priorities is ... ( read original story ...)
Equinix and GIC to Form Greater than US$1.0 Billion Joint Venture to Develop and Operate Hyperscale Data Centers in Japan
The three initial facilities in the joint venture – one in Osaka and two in Tokyo-- will serve the unique core workload deployment needs of a targeted group of hyperscale companies, including the ... ( read original story ...)
Hacker returns $25m in ‘stolen’ crypto-currencies
A mystery hacker allegedly stole $25m (AUD$39 m) in crypto-currencies - and then returned the funds two days later. Records show that funds in a variety of crypto-currencies were withdrawn from the ... ( read original story ...)
DForce hacker returns $25m in ‘stolen’ crypto-currencies
A mystery hacker allegedly stole $25m (£20m) in crypto-currencies - and then returned the funds two days later. Records show that funds in a variety ofere withdrawn from the DForce platform based in ... ( read original story ...)
Bank of Japan flags coronavirus risks to financial stability
The Bank of Japan has declared the country’s financial system “remains and will remain stable” despite the coronavirus pandemic, even as it flagged three significant risks to the country’s lenders. ( read original story ...)
Nissan to close global HQ, other Japan sites through May 10 due to virus
Nissan Motor Co said on Tuesday it will shut its global headquarters in Japan for 16 days through early May to contain the spread of the coronavirus, even though the government has permitted keeping ... ( read original story ...)
Japan Boosts Extra Budget to 25.7 Trillion Yen to Fund Handouts
Japan’s government bolstered its extra budget by 8.9 trillion yen ($82.6 billion) to cover the additional costs of expanded cash handouts during the coronavirus crisis. ( read original story ...)
How To Eliminate Crypto Capital Gain Taxes By Investing In Opportunity Zones?
The Tax Cuts and Jobs Act (TCJA) of 2017 introduced one of the greatest tax saving provisions in the history of the US tax code - Opportunity Zones. Opportunity Zones allow you to defer, reduce and in ... ( read original story ...)
Asian shares fall back on weak oil prices, Japan trade data
Shares are mostly lower in Asia as oil prices fell back and Japan's trade data for March was weaker than expected ... ( read original story ...)
Japan to boost stimulus to $1.1 trillion as virus threatens deeper recession
MONETARY, FISCAL POLICY MIX While the government boosts fiscal stimulus, the Bank of Japan has also joined other central banks to roll out stimulus to stave off the risk of global recession. The BOJ ... ( read original story ...)
Biofrontera AG enters into exclusive license agreement with Maruho Co., Ltd.
Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F) (“Biofrontera” or the “Company”), an international biopharmaceutical company, has signed today an exclusive license agreement (the ... ( read original story ...)
Hong Kong’s First Approved Crypto Fund Is Targeting $100 Million
Venture Smart Asia Ltd. has launched Hong Kong’s first approved cryptocurrency fund with a target first-year size of $100 million, offering an officially sanctioned window for institutional investors ... ( read original story ...)
Japan’s megabanks, taking heat for climate inaction, vow not to finance new coal plants
TOKYO - Japan's megabanks have announced commitments, of varying degrees, to stop financing new coal power projects as global pressure ramps up on the world's third largest economy for stronger ... ( read original story ...)
Japan’s exports sink in March as pandemic hits major markets
Japan’s exports sank 11.7% in March as the coronavirus pandemic slammed auto shipments to the U.S. The Finance Ministry said Monday that exports to the U.S. fell 16.5% in March from a year earlier, ... ( read original story ...)
Lacking protective gear, Japan’s Osaka pleads for plastic raincoats
TOKYO (Reuters) - The Japanese city of Osaka has issued an urgent plea for citizens to donate plastic raincoats to hospitals running short of protective gear for staff treating coronavirus ... ( read original story ...)