CBDCs: Bank of Japan confirms plans for "preparing thoroughly" to potentially launch a Central Bank Digital Currency. ( read original story ...)
Chinese Social Network Soul Files For US IPO
Social media app Soul has filed confidentially for an initial public offering (IPO) in the U.S., which could take place as soon as this year. ( read original story ...)
Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Thursday, after closing slightly lower in the previous session following six straight sessions of gains, with the Nikkei 225 soaring almost 500 points to ... ( read original story ...)
BOJ to widen band around long-term rate target on Friday: Nikkei
The Bank of Japan is expected to slightly widen an implicit band at which it allows long-term interest rates to move around its 0% target, the Nikkei newspaper reported on Thursday. The move will be ... ( read original story ...)
Japanese shares jump on Fed’s growth view, rate pledge
Japanese shares jumped on Thursday, tracking Wall Street's record highs, after the U.S. Federal Reserve projected a rapid jump in economic growth and pledged to keep interest rates low. TOKYO, March ... ( read original story ...)
BoJ To Widen Target Yield Band To Plus/Minus 0.25% – Nikkei BoJ To Abolish 6T Yen ETF Purchase Target – Nikkei
Japanese Prime Minister Yoshihide Suga is set to make a formal announcement Thursday that the state of emergency in the Tokyo region will end March 21, even after cases in the ... ( read original story ...)
Japan to lift Tokyo area state of emergency as planned on Sunday
The Japanese government's advisory panel on coronavirus countermeasures approved on Thursday a plan to let the state of emergency expire in the Tokyo area as scheduled on March 21, Economy Minister ... ( read original story ...)
Japan raises tariffs on US beef after hitting import limit
Imported American beef in Japan has proved so popular it's topped the annual limits called “safeguards,” and the U.S. Meat Export Federation on Thursday urged Tokyo to raise the threshold. Japan's ... ( read original story ...)
Tokyo’s Nikkei share average opens up 0.78 pct
Japan's benchmark Nikkei average opened up 0.78 percent at 30,148.48 on Thursday, while the broader Topix gained 0.58 percent at 1,995.48. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)
A Nikkei milestone is less than it seems
The Nikkei 225 passed 30,000 on Monday, the first time in over three decades that Japan’s blue-chip stock market index crossed that threshold. The long-awaited event was spurred by a series of ... ( read original story ...)
POLL-Japanese firms want BOJ to keep bond yields, ETF purchases steady
Two thirds of Japanese firms expect the Bank of Japan to curb rises in long-term interest rates and keep them steady, a Reuters poll found, ahead of the central bank's review this week on how it will ... ( read original story ...)
TABLE-Japan firms want BOJ to keep policy steady as COVID pain lingers
TOKYO, March 18 (Reuters) - Two thirds of Japanese firms expect the Bank of ... and answers in the poll conducted for Reuters by Nikkei Research during March 3-12. Answers are denoted in percentages. ( read original story ...)
Laura Muir believes delay to Tokyo Olympics has helped her chances of glory
The Scot insists she is now more “robust” ahead of the rescheduled Games in Tokyo this summer. Her 2019 season was disrupted by calf and Achilles problems and she finished fifth in the 1500m ... ( read original story ...)
Aditya Birla board approves IPO of Birla Sun Life AMC
Sun Life has operations in various markets worldwide, including Canada, the US, the UK, Ireland, Hong Kong, the Philippines and Japan. At present, HDFC AMC, UTI AMC, Nippon Life India AMC and Shriram ... ( read original story ...)
Japan’s Sumitomo Is Said in Talks to Buy ABN Amro’s Commodity Loans
Sumitomo Mitsui Financial Group Inc. is in talks to buy a portfolio of commodity loans from ABN Amro NV as the Dutch lender exits the industry, according to people familiar with the matter.A potential ... ( read original story ...)
Japan Bond Takes Away Investor Reward for Missing ESG Goals
So-called sustainability-linked bonds have been controversial because they often effectively reward investors when the issuer misses green or social performance goals. One Japanese firm is trying to ... ( read original story ...)