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.
Blockstream Opens New Office in Tokyo as It Expands in Asia
Blockstream, the crypto company co-founded by legendary bitcoin (BTC) developer Adam Back, is expanding its global presence with the opening of a new office in Tokyo, the company said in a press ...
Tokyo tech IPO soars but Seoul deal tanks 10% in volatile Asian markets
SYDNEY/SEOUL, Feb 5 (Reuters) - Shares of a small Japanese technology firm shot up nearly 60% on its first day of trade on Wednesday, while Seoul's largest initial public offering (IPO) in three years ...
Japanese media report Nissan is abandoning negotiations to merge with Honda
The Nikkei newspaper states that Nissan Motor will abandon the memorandum of understanding (MOU) under which it was negotiating with Honda Motor due to differences between the two regarding the structure of the resulting joint company.
Japan’s Nomura doubles Q3 profit on revived markets and IB divisions
Japan’s top brokerage and investment bank, Nomura Holdings, on Wednesday (Feb 5) reported a 101 per cent increase in net profit on strong demand for equity offerings and mergers and acquisitions ...
Japan PM Declares Crypto ‘Extremely Important’ Ahead of 2025 Tax Changes
Japan plans major crypto tax reforms by 2025 to boost Web3 innovation and economic growth. Officials aim for lower rates and clearer regulations.
BOJ will keep raising rates if prices move as forecast, central bank official says
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 ...