The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on Wednesday. "Underlying inflation ...
Japan Wages Grow Most Since 1997, Supporting BOJ Hike Path
Japanese nominal wages rose at the fastest pace in nearly three decades, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps.
Japanese brokerage Nomura doubles third-quarter profit
Japan's top brokerage and investment bank, Nomura Holdings , on Wednesday reported a 101% increase in net profit as its wholesale business segment grew income on strong demand for equity offerings and ...
Nissan shares plunge as report says Honda merger talks off
Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda.But the smaller automaker's chief said this week it ...
Tokyo’s First IPO This Year Bets on Succession in Manufacturing
Tokyo’s first initial public offering this year is by a company that seeks to solve the nagging problems of an aging population: many of Japan’s manufacturers make first-rate products but they have ...
S.E.C. Moves to Scale Back Its Crypto Enforcement Efforts
Some in a special unit of 50 lawyers and staff members that had been assigned to regulate cryptocurrency are being reassigned in the agency.
U.S. Crypto And Digital Assets Top David Sacks’ First Press Conference
Sacks first Press Conference focused on crypto, US Innovation, and Stablecoins. This AI and Crypto czar started the conversation that has been anticipated for some time.
Bank of Japan’s rate likely to go higher than consensus, ex-official says
THE Bank of Japan (BOJ) is likely to keep raising its benchmark rate to a level exceeding the current market consensus, and there’s a chance two more moves could come this year on top of last month’s ...
Japan’s service activity grows thanks to Asian demand, PMI shows
Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.
Japan will loosen its grip on the country’s fiercely guarded rice stockpile as prices soar to their highest levels ever
Much like the U.S.’s strategic petroleum reserve, Japan stockpiles up to 1 million tons (equal to the weight of 5,000 blue whales) of the country’s national staple crop. The reserve equates to about ...
Ripple’s top lawyer on the future of crypto in a Trump-led U.S.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...
Trump’s Crypto Project Appears to Have Bought Ether After Tariff Meltdown
World Liberty Financial, the decentralized-finance project linked to Donald Trump’s family, appears to have added tens of million of dollars worth of the Ether cryptocurrency after crypto markets ...
Explained: SEC’s new crypto task force and its role
The SEC has launched a Crypto Task Force to bring clarity to digital asset regulations, tackle crypto securities, stablecoins, and exchanges, and engage with industry leaders. Here's what it aims to ...
Coinbase urges US regulators to clear path for banks to offer crypto services
Coinbase Global on Tuesday renewed its call for U.S. banking regulators to clarify or revise their position on banks offering cryptocurrency services as well as potentially doing tie-ups with ...
CapitaLand acquires freehold land for first data centre in Japan
The Osaka data centre will be AI-ready, with a focus on sustainability, incorporating advanced cooling and energy-saving technologies.
MUFG, other Japan banks hit profit record with help from U.S. and Asia
Mitsubishi UFJ Financial Group, Japan's largest bank, said Tuesday its net profit for the nine-month term jumped 35% on the year to 1.74 trillion yen, a record for the period. For the full year ...