Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Are you over the election? I’m over the election. But you can bet that as soon as I finish ... ( read original story ...)
Bank of Japan closely watching forex market after Biden’s win
The BOJ is concerned that any sharp rise in the yen's value against the dollar will deal a serious blow to the Japanese economy already struggling with the coronavirus pandemic. ( read original story ...)
Japan extends almost ¥43 billion in loans to Myanmar for roads and corporate finance
Of the total, ¥27.78 billion will be earmarked for a project to build a bridge on a road that crosses Myanmar, Thailand, Laos and Vietnam. ( read original story ...)
Japan extends $414 mil. loans to Myanmar for road, corporate finance
Japan and Myanmar have signed a total of 42.78 billion yen ($414 million) in low-interest loans to allow the Southeast Asian country to build road infrastructure and facilitate financing for small and ... ( read original story ...)
Crypto Impact Unclear After Joe Biden Unseats Donald Trump as Next US President
Joe Biden’s picks to head up key regulatory agencies could redefine crypto policy in the coming years. Exactly how remains an open question. ( read original story ...)
Suspension of Ant Group’s IPO likely to cost investment banks US$400 million in fees
The suspension of Ant Group’s debut is likely to cost a cadre of the world’s largest investment banks nearly US$400 million in fees collectively, after Chinese regulators this week called a halt to ... ( read original story ...)
Crypto mining is now drawing in the world’s top renewables producers
At what point will greening crypto energy consumption be enough? En+ Group, the world's top producer of low carbon aluminum and largest private sector generator of hydropower, has entered its first ... ( read original story ...)
Japan’s Suga Says Stable Currency Moves ‘Extremely Important’
Japanese Prime Minister Yoshihide Suga on Friday vowed to work closely with overseas authorities to keep currency moves stable, signalling his readiness to respond to any yen spike that threatens to ... ( read original story ...)
Crypto enjoys a poll bump
Crypto believers say an escalating pandemic and sliding dollar amid ever looser monetary policy will spur more gains as investors seek stores of value ... ( read original story ...)
Blockchain And Crypto Unicorn Figure Reveals U.S. Bank Ambitions
Blockchain-based lending company Figure Technologies, a fintech unicorn founded by former SoFi chief executive Mike Cagney, has revealed it's applied for a national bank ... ( read original story ...)
More crypto regulation is coming, industry execs say
Although the industry has seen a lot of regulatory action, authorities have not really changed their positions, at least according to Alex Wearn, CEO and co-founder of decentralized crypto exchange ... ( read original story ...)
First Mover: Resistance Is Futile as Bitcoin Breaches $15K, Crypto Gets Greedy
As bitcoin surges, bullish analysts (and greedy traders) see few stopping points before prices challenge the all-time-high near $20K. ( read original story ...)
Election tensions grip markets as Japan’s Nikkei hits 29-year high – business live
The Nikkei peaked in December 1989 at over 38,000 points, before the 80s asset-inflated bubble economy went spectacularly sour. The resulting crash, stagnation and deflation sent share prices tumbling ... ( read original story ...)
Nikkei hits highest level since collapse of Japan’s bubble economy
The average of 225 issues on the first section of the Tokyo Stock Exchange climbed 219.95 points, or 0.91%, to close at 24,325.23, a level not seen since Nov. 13, 1991. ( read original story ...)
Japan’s Nikkei closes at highest level since 1991
Tokyo's key Nikkei index closed up on Friday, hitting its highest level since 1991, despite continued uncertainty over the outcome of the US presidential election. The benchmark Nikkei 225 index ... ( read original story ...)
Japan’s Nikkei closes at 29-year high on Wall Street’s lead, earnings
Tokyo stocks closed higher on Friday, with the benchmark Nikkei stock index closing at its highest level in 29 years, after Wall Street's solid lead overnight coupled with robust earnings reports from ... ( read original story ...)