By Megumi Fujikawa Bank of Japan Gov. Haruhiko Kuroda said Friday that climate change can be addressed with monetary policy but that wouldn't ... ( read original story ...)
Head of Crypto Exchange FTX On Hiring Spree In Market With ‘A lot more demand’
The 29-year-old founder of crypto exchange FTX says the company has grown 3x in the last year, with ambitious plans for a couple more hundred hires in the works. ( read original story ...)
Ugandan athlete missing from training camp in Japan
Local officials are searching for a Ugandan athlete who went missing in western Japan on Friday in a case raising questions over Japanese organizers’ oversight of Olympic participants amid local ... ( read original story ...)
Bank of Japan Opens Push on Climate Change in Contrast to Fed
The Bank of Japan said climate change needs to be addressed because of its significant economic and financial impact and will provide zero-rate loans to commercial banks to help companies finance ... ( read original story ...)
The Bank of Japan is getting into industrial policy
The Bank of Japan has shrugged off its fig leaf of independence and is getting involved in fiscal policy. And won't be the only central bank to do so, says John Stepek. It's another step down the ... ( read original story ...)
BOJ cuts Japan growth forecast, unveils climate scheme plan
The Bank of Japan cut this fiscal year's growth forecast on Friday but maintained its view the economy was headed for a moderate recovery, a sign that monetary policy will be in a holding pattern for ... ( read original story ...)
Japan Ramps Up Efforts for Bringing Crypto Regulations
Japan's FSA recently established a new unit to oversee digital currency regulatory frameworks, while the Ministry of Finance is considering increasing headcount. ( read original story ...)
Crypto world faces a fateful choice
Crypto asset companies face a stark choice: learn to live with regulators or endure their wrath. One of the main draws for hardcore advocates of digital assets is that many theoretically sit outside ... ( read original story ...)
Nikkei dips below 28,000 as tech stocks track Nasdaq slide
Japan's benchmark Nikkei share average dipped below the psychologically key 28,000 mark on Friday as tech shares tracked declines on Wall Street overnight, while a continued surge in coronavirus ... ( read original story ...)
Bank of Japan revises down GDP forecast, details green fund
The Bank of Japan on Friday revised down its growth forecast for the current fiscal year and laid out details of its first green fund, announced last month. ( read original story ...)
Economic Buzz: Bank Of Japan Trims 2021 Growth Projections Citing Impact Of Covid Pandemic
The Policy Board of the Bank of Japan, at the Monetary Policy Meeting (MPM) held today, decided by an 8-1 majority vote, to hold the interest rate at -0.1 percent on current accounts that financial ... ( read original story ...)
Bank of Japan cuts growth forecast, unveils outline of climate scheme
The Bank of Japan cut this fiscal year's growth forecast on Friday but maintained its view the economy was headed for a moderate recovery, a sign ... ( read original story ...)
Japan Increasing Efforts to Regulate Digital Currency: Report
Japan is the latest country to look into cryptocurrency regulation, as it fears that it could disrupt its financial system. ( read original story ...)
Nikkei breaks below 28,000 as tech stocks track Nasdaq slide
Japan's benchmark Nikkei share average fell below the psychologically key 28,000 mark on Friday as tech shares tracked declines on Wall Street overnight, while a continued surge in coronavirus ... ( read original story ...)
Japan bank reveals $100 million Forum Finance exposure
One of Japan’s biggest banks has emerged as a major creditor to the Bill Papas-run Forum Finance, a group accused of defrauding Westpac and other lenders by as much as $390 million. Sumitomo outed ... ( read original story ...)
Visa’s embrace of crypto is starting to pay off
With $1 billion-plus spent on its crypto-linked cards in the first half of 2021, the payments giant is reaping the rewards of its focus on fintech. ( read original story ...)