A board member of the Bank of Japan (BOJ) has said that although Japan's economy would likely see a pent-up demand, for the time being the central bank would not reduce the monetary stimulus to cope ... ( read original story ...)
BFCM sets tone in Japan with new reference rate
Banque Fédérative du Crédit Mutuel (BFCM) raised ¥55bn ($490m) of preferred senior funding in yen this week, as it became the first Samurai borrower to issue a transaction against swaps derived from ... ( read original story ...)
Singapore beats Canada, HK in global crypto awareness race
Singapore is lagging behind Nigeria, Kenya and Russia when it comes to crypto awareness but is still ahead of Canada and Hong Kong. ( read original story ...)
‘Big Short’ investor Michael Burry teases a bet against crypto – and warns market speculation has reached historic levels
Burry asked on Twitter about the mechanics of shorting digital coins, adding that he was only considering taking a position against them. ( read original story ...)
Japan’s Nikkei 225 takes centre-stage in Asia
In Tokyo, the Nikkei 225 jumped 410.65 points or 1.46 percent to 28,550.93. The Australian All Ordinaries garnered 48.30 points or 0.64 percent to 7,620.20. The Shanghai Composite in China and the ... ( read original story ...)
Japan’s Wealth Distribution Measures May Come Out With Some Time Lag, New Economy Minister Says
He said he didn't see the need to change an accord between the Bank of Japan and the government under which they committed to aim for 2% inflation. The central bank's low-rate policy has helped the ... ( read original story ...)
Japan Finance Ministry declines to disclose info on document-tampering scandal
The Ministry of Finance has decided not to release material related to the document-tampering scandal concerning the heavily discounted state ... ( read original story ...)
Japan Economy Minister Says Abenomics Fell Short at Spreading Wealth
Japan’s economic strategy in recent years has fallen short at passing on rising corporate profits to workers and the nation’s new administration is determined to tackle those shortcomings, according ... ( read original story ...)
The crypto community’s efforts to plug India’s syringe shortage have hit supply-chain hurdles
India’s cryptocurrency community is chipping in to overcome an acute syringe shortage hindering the country’s Covid-19 vaccination drive. But supply chain disruptions and regulatory hurdles pose ... ( read original story ...)
What Bitcoin’s Non-Reaction to the Pandora Papers Tells Us About Crypto Behavior
Pandora Paper revelations validated Crypto's anti-elite, anti-establishment mantra, yet Bitcoin held steady. What does that tell us about market movements in the future? ( read original story ...)
TSMC announces plans to build first chip plant in Japan
Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, on Thursday announced it plans to build its first-ever chip plant in Japan, answering Tokyo's call to strengthen the ... ( read original story ...)
Bank of Japan board member says tapering stimulus not option despite recovery
Japan' economy will likely see a pent-up demand but reducing monetary stimulus to cope with accelerating inflation will not be an opt ... ( read original story ...)
Japan ruling party executive calls for $290bln stimulus package
Such large-scale spending would be needed to fill Japan's output gap and achieve the central bank's 2% inflation target, said Kozo Yamamoto ... ( read original story ...)
Nikkei jumps tracking Nasdaq, Tokyo Electron shines
Japan's Nikkei share average rose on Thursday, tracking the Nasdaq overnight, with gains led by chip equipment maker Tokyo Electron 8035.T and other heavyweight technology stocks. The Nikkei share ... ( read original story ...)
Japan ruling party executive calls for US$290 billion stimulus package
Japan must compile an economic stimulus package worth at least 32-33 trillion yen (US$282-US$290 billion) to cushion the impact of the coronavirus pandemic, a senior ruling party official close to ... ( read original story ...)
Japan ruling party executive calls for $290 billion stimulus package
Japan must compile an economic stimulus package worth at least 32-33 trillion yen ($282-$290 billion) to cushion the impact of the coronavirus pandemic, a senior ruling party official close to Prime ... ( read original story ...)