Japan's Nikkei share average retreated on Wednesday from a more than 29-year closing high notched a day earlier, as soaring COVID-19 cases paused a global equity rally fuelled by vaccine hopes. ( read original story ...)
Tokyo to Raise Virus Alert to Highest as Cases Rise: Nikkei
Tokyo is making arrangements to raise the city’s Covid-19 alert to the highest level, the Nikkei newspaper reported, as coronavirus cases spread across Japan at a record pace. ( read original story ...)
Japan’s long run of falling exports slows as auto demand perks up
The data could encourage policymakers who are counting on external demand to shift the recovery away from government stimulus back to private sector activity. ( read original story ...)
Asia markets mixed as data shows Japan’s exports recovered in October; autos slip
Japanese exports in October did much better than expected, falling 0.2%, according to the Ministry of Finance. ( read original story ...)
Japan Oct exports fall 0.2% year/year – MOF
Japan's exports fell 0.2% in October from a year earlier, Ministry of Finance data showed on Wednesday. The result compared with a 4.5% decline expected by economists in a Reuters poll. It followed a ... ( read original story ...)
Japan Has Y872.899 Billion Trade Surplus In October
Japan posted a merchandise trade surplus of 872.899 billion yen in October, the Ministry of Finance said on Wednesday. That exceeded ... ( read original story ...)
Exclusive: OCC Chief Brian Brooks Says Payments Charter Is Ready, More Crypto Banks Coming Soon
The history of this agency is if you let us do our work and build a strong banking system and think about what consumers need and what businesses need and how to make credit available, the country ... ( read original story ...)
Palling Up To Crypto: Could PayPal’s Bitcoin Accommodation Lead To Widespread Adoption?
With the news of PayPal’s accommodation of Bitcoin emerging on October 21, we can see a significant rise in the value of the cryptocurrency leading to BTC almost reaching highs of $14,000 before a ... ( read original story ...)
Former Bank of Japan exec says Japan will need years to issue digital yen
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits. ( read original story ...)
The VCs helping to fuel Japan’s startup ecosystem
That level of euphoria is probably similar to how a startup feels upon securing funding (how’s that for a totally seamless segue?). In Japan, investors have been cashing in. For inspiration on this ... ( read original story ...)
Nikkei hits 29-year high as vaccine optimism boosts risk appetite
Japan's Nikkei share average closed at a 29-year high on Tuesday as investors cheered news of another potential coronavirus vaccine that re-ignited hopes of a swift global recovery. ( read original story ...)
Nikkei 225 to Add Another 15% Before 2022, Daiwa Strategist Says
Japan’s Nikkei 225 Stock Average may surpass 30,000 yen by the end of next year as corporate earnings improve amid an easy monetary policy and overseas demand for equities, according to a strategist ... ( read original story ...)
Japan likely to need years to issue a digital currency, says ex-BOJ executive
Japan will likely need several years before it can issue a digital currency due to various hurdles including the need for measures that would prevent huge outflows from private bank deposits, a former ... ( read original story ...)
Crypto exchange crackdown, bond on hold: Blockheads
The crypto exchange crackdown continues, miners can't pay for electricity, and a $3 billion blockchain-based bond is paused. ( read original story ...)
BOJ’s bank aid scheme may herald new era for monetary policy, says ex-c.banker
The Bank of Japan has opened up a new policy frontier with a scheme that gives regional lenders incentives to consolidate - de facto subsidies to boost the economy’s growth potential, a former BOJ ... ( read original story ...)
Nikkei flat as profit-taking offsets vaccine optimism
Japanese shares were flat on Tuesday as investors booked profits following the recent surge in the benchmark index, even as news of another promising coronavirus vaccine re-ignited hopes of a swift ... ( read original story ...)