The Bank of Japan kept monetary policy steady on Thursday and revised up its economic forecast for next fiscal year, signalling that it has delivered sufficient stimulus for now to cushion the blow ... ( read original story ...)
Bank of Japan lowers 2020 GDP estimate 0.1 percentage point
The Bank of Japan on Thursday slightly lowered its estimate for the nation's growth for fiscal 2020 as the resurgent coronavirus pandemic and the declaration of a state of emergency have clouded the ... ( read original story ...)
BlackRock Takes First Step Into Crypto Exposure in Two Funds
BlackRock Inc. is adding Bitcoin futures as an eligible investment to two funds, the first time the money manager is offering clients exposure to cryptocurrency. ( read original story ...)
Japan Dec exports rise 2.0% year/year – MOF
Japan's exports rose 2.0% in December from a year earlier, Ministry of Finance (MOF) data showed on Thursday, posting the first annual increase in two years and reflecting a pick-up in overseas demand ... ( read original story ...)
HH&L Acquisition, a SPAC targeting healthcare in Asia, files for a $300 million IPO
H H&L Acquisition, a blank check company targeting the healthcare sector in Asia, filed on Wednesday with the SEC to raise up to $300 million in an initial public offering. The Hong Kong-based company ... ( read original story ...)
Crypto Conversation: Terra Project Proves It’s on Solid Ground
The LUNA token serves as collateral for these stablecoins and powers the Terra blockchain’s delegated proof of stake system, ensuring stability and security of the network. Terra's Mirror Protocol ... ( read original story ...)
Crypto Banking Is Going Mainstream – Breaking Down Recent OCC Updates
Keeping up the positive crypto momentum from 2020, the Office of the Comptroller of the Currency (OCC) recently issued updates demonstrating how quickly crypto and traditional financial services are ... ( read original story ...)
A New GPU For Crypto Miners Might Solve The Nvidia Supply Problem
Right now a single Nvidia RTX 3060 Ti graphics card is capable of much more than delivering a quality 1440p gaming experience. It’s also capable of earning you $4.22 USD in profit per day from mining ... ( read original story ...)
Bank of Japan Preview: Forecast from seven major banks
The Bank of Japan will announce its latest decision on monetary policy this Thursday at 03:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and ... ( read original story ...)
Asian shares hit a record high after Yellen calls for big spending
Asian shares climbed to a record high on Wednesday after U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package to help the world’s largest economy ride out a ... ( read original story ...)
Japan finance watchdog to oversee banks’ climate change policies
Japan's Financial Services Agency will urge banks and companies to accelerate decarbonization by adding climate change measures to its bank guidance policy, favoring companies that want to invest in ... ( read original story ...)
Tokyo’s growing attractiveness as a global financial hub
Tokyo means business with transformative reforms and global capital is taking notice. Japan has been capturing the attention of global finance in the past few months with the coun ... ( read original story ...)
Strong Q4 IPO activity demonstrates resilience, defies expectations
Despite the uncertainty of 2020, IPO investors enjoyed a prosperous year as IPO activity proved resilient to the impact of the COVID-19 pandemic supported by low interest rates and expansionary ... ( read original story ...)
Coinbase acquires crypto builder Bison Trails, deal reported to be above $80M
Cryptocurrency giant Coinbase on Tuesday announced it has acquired Bison Trails, a firm that specializes in building blockchain infrastructure for banks and other companies. The deal is the latest ... ( read original story ...)
3 Key Takeaways From Last Year’s Biggest Crypto Hacks
The rise of crypto over the last year was accompanied by cyber-attacks and hacking incidents on digital assets that netted $1.8 billion over the first 10 months of 2020. As crypto becomes ... ( read original story ...)
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
Bitcoin options open interest has reached $9.6 billion as the metric is nearing the high captured on Jan. 7, 2021. ( read original story ...)