Japan’s government to issue additional new bonds worth 22.1 trillion yen for this fiscal year to fund stimulus, the Nikkei Asian Review reports, citing a draft of the stimulus document. developing ... ( read original story ...)
Japan’s Shinsei Bank to withdraw poison pill defence against SBI Holdings’ bid
Shinsei Bank said on Wednesday it will cancel plans to introduce a poison pill defence aimed at blocking SBI Holdings Inc's $1.1 billion bid, paving the way for the online financial conglomerate to ... ( read original story ...)
Japan to implement bank-deposit-backed digital currency in 2022
A new digital currency backed by bank deposits is set for a test run in Japan as early as this year, an effort that will involve the nation's top banks and about 70 other companies. ( read original story ...)
Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End
A consortium of 74 Japanese firms is plans to issue a digital yen that will work similar to bank deposits by the end of 2022, the consortium’s secretariat, DeCurret, said in a white paper and a ... ( read original story ...)
Shinsei Bank Drops Poison Pill Defense Against SBI Takeover
Shinsei Bank Ltd. has dropped its poison pill defense against SBI Holdings Inc.’s planned takeover of the mid-sized Japanese lender. ( read original story ...)
Japan to Spend $313 Billion in Extra Budget as Tax Income Overshoots – Draft
Japan's government is set to compile an extra budget for this fiscal year featuring spending worth 36 trillion yen ($313 billion), with additional new bond issuance at 22.1 trillion yen, a draft of ... ( read original story ...)
Japan Prepaid Cards Market Report 2021: Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend, Market Risk 2016-2025
The "Japan Prepaid Cards Business and Investment Opportunities - Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk" report has been added to ... ( read original story ...)
Japan MOF to maintain FY2021/22 interest-bearing JGB market issuance
Japan's Ministry of Finance is set to keep market issuance of interest-bearing government bonds (JGB) unchanged as it reviews its issuance plan for this fiscal year following a new stimulus package, ... ( read original story ...)
Japan to strengthen supervision on virtual assets
Japan Ministry of Finance plans to strengthen the monitoring of virtual assets including Bitcoin to prevent misuse for purposes such ... ( read original story ...)
Japan’s factory activity grows at fastest pace in nearly four years – PMI
The 3M range for USDINR is 73.80 – 76.00 and the 6M range is 73.50 – 76.50. This report has been prepared by IFA Global. IFA Global shall not be in any way responsible for any loss or damage that may ... ( read original story ...)
Nikkei drops as hawkish Fed bets unsettle investors
Japan's Nikkei ended lower on Wednesday, as growth-oriented stocks took a beating amid investor concerns that the U.S. Federal Reserve might speed up policy tightening to cope with broadening ... ( read original story ...)
Consortium of Japanese firms to test launch digital currency
The digital currency will be backed by bank deposits and use a common platform to speed up large-scale fund transfers and settlement among companies, and cut costs. ( read original story ...)
New bank-deposit-backed digital currency set for Japan trials
A new digital currency backed by bank deposits is set for a test run in Japan as early as this year under an effort involving the nation's top banks and about 70 other companies. ( read original story ...)
Crypto-Asset Policy Sprint Initiative By Three US Regulatory Agencies: The Fed, The OCC And The FDIC Is Really A Crawl
The US has many regulators connected with banking organizations, the arrival of a new asset class or a mix of asset classes starts a turf war on which agency gets to regulate them. SEC, OCC, Fed, FDIC ... ( read original story ...)
Stock Market Live Updates: Sensex, Nifty defy weak global mood, trade higher; PSU Bank, Media lead sectoral gainers; IOB jumps 15%, Vedanta drops 3%;
Oil prices fell on Wednesday as the US-led coordinated release of stocks from strategic reserves eased concerns over tightness in global supply, while investors took profits from the previous day's ... ( read original story ...)
Nikkei slips as growth stocks unsettled by Fed outlook
Japan's Nikkei fell on Wednesday, as growth-oriented stocks took a beating from worries the U.S. Federal Reserve might speed up policy tightening to cope with the rising spectre of inflation. TOKYO, ... ( read original story ...)