A consortium of Japanese banks will be using the Ripple blockchain to allow consumers to settle transactions quickly through a new smartphone application. In an announcement released yesterday, by the San Francisco-based company, ‘MoneyTap is the first ... ( read original story ...)
Japan Overall Bank Lending Rises 2.1% In February
The value of overall bank lending in Japan was up 2.1 percent on year in February, the Bank of Japan said on Thursday - coming in at 521.735 trillion yen. That follows the downwardly revised 2.3 percent increase in January (originally 2.4 percent). ( read original story ...)
Japan fourth-quarter GDP growth revised up, BOJ seen in no rush to exit easy policy
However, despite the solid growth — the longest run in 28 years — analysts say the Bank of Japan is unlikely to bring forward a debate on exit from monetary stimulus given the sluggish wages that have prevented consumer spending and inflation from ... ( read original story ...)
Bank of Japan Should Focus on Equities and Banks, Not Inflation
India Can No Longer Spend Its Way To Higher Growth Why Is PM Modi Allowing DACOIT-y On Indian Digital Startups? India’s Online Streaming Infatuation Is Taking Over Its Love For Cinema Steel, Aluminium, And The New Trade War ‘Achhe Din ... ( read original story ...)
Japan’s economy grew 1.6 percent in the last quarter of 2017
"Still, Japan's growth will hold firm at least until summer, led by exports and capital expenditure, with help from the solid U.S. economy." With inflation remaining distant from the 2 percent target, the Bank of Japan is widely expected to keep its ... ( read original story ...)
Japan fourth-quarter GDP growth revised up, driven by capex gains
“Still, Japan’s growth will hold firm at least until summer, led by exports and capital expenditure, with help from the solid U.S. economy.” With inflation remaining distant from the 2 percent target, the Bank of Japan is widely expected to keep its ... ( read original story ...)
Bitcoin’s Tokyo Whale Sold $400 Million and He’s Not Done Yet
The Tokyo attorney and bankruptcy trustee for the now-defunct Mt. Gox exchange disclosed on Wednesday that he sold about $400 million worth of Bitcoin and Bitcoin Cash since late September. Kobayashi is sitting on another $1.9 billion of the tokens and ... ( read original story ...)
Digital Realty Is Raining Dividends
Digital contributed its recently completed project in Osaka, and Mitsubishi contributed two existing ... noting it's the 13th straight year of an increase, since the IPO in 2004. Digital has a long history of raising dividends, as noted above, it's the ... ( read original story ...)
Nikkei rises to end 4-day losing run; exporter and steel shares bounce
Japan's big car exporters were supported by the dollar's rebound versus the yen. TOKYO: Japan's Nikkei share average rose on Tuesday to snap a four-day losing run after Wall Street shares rallied overnight, with the dollar's bounce lifting exporter shares. ( read original story ...)
Japan central bank chief tempers talk of easy policy exit
TOKYO (Reuters) - Japan’s central bank chief said on Tuesday a future exit from ultra-easy monetary policy would need to be “very gradual”, in comments analysts described as a bid to temper expectations about a near-term end to crisis-mode stimulus. ( read original story ...)
Northern Territories issue haunts Japan’s leaders
Whenever Japanese and Russian leaders meet, the issue of what Japan refers to as the Northern Territories is unavoidable. This territorial dispute is the underlying factor in dealings between Japanese Prime Minister Shinzo Abe and Russian President ... ( read original story ...)
Fuel cell cars in for a lift as Japan looks to expand infrastructure
TOKYO -- Japan aims to have 80 new hydrogen refueling stations in place by fiscal 2021 under a government-backed effort that includes the country's largest automakers and energy groups. Eleven companies including Toyota Motor and JXTG Nippon Oil & Energy ... ( read original story ...)
Japanese Oscar winner did ‘what others won’t’
"I wanted to do something that other people can't," Tsuji told Nikkei in January, when the U.S.-based makeup artist was briefly visiting his home country of Japan. Asked how he was able to achieve success in the U.S., he said, "I have always kept this in ... ( read original story ...)
Research details developments in the digital banking market
... report on the world's major regional market conditions of Digital Banking market, focusing on the main regions and the main countries (North America, Europe, China, Japan, Southeast Asia and India). Key Companies Analysis:- Urban FT, Kony, Backbase ... ( read original story ...)
Bank of Japan governor hints at exit from monetary stimulus
The yen jumped after Haruhiko Kuroda appeared to drop his first hint of Japan’s exit from years of monetary stimulus, as unemployment fell to just 2.4 per cent, the lowest rate in a quarter of a century. It is the first time the Bank of Japan governor ... ( read original story ...)
Finance Ministry vows probe into ‘altered’ records within few days
The beleaguered Finance Ministry found itself further backed into a corner March 2 following revelations of apparent tampering of official documents related to the dubious sale of state-owned land in Osaka Prefecture to Moritomo Gakuen. Months of ... ( read original story ...)