Japan's Central Bank Believes Blockchain Could Create Tax Issues

Growth in the use of both digital currencies and distributed ledgers could hold regulatory and monetary policy implications, a senior official for Japan’s central bank said today. Speaking during a fintech event at the Univeristy of Tokyo, Bank of Japan ... ( read original story ...)

Japan's PM Abe meets Trump, says confident can build trust

COMMON GROUND Back in Tokyo, Finance Minister Taro Aso commented: "The meeting ran longer than planned, which means that they were on the same wavelength and it went well." Some of Trump's campaign rhetoric suggested an image of Japan forged in the 1980s ... ( read original story ...)

Tokyo shares up by break on lower yen

Tokyo stocks rallied Friday morning as the yen sank against the dollar after Federal Reserve chief Janet Yellen indicated the bank would hike US interest rates next month. The dollar soared Thursday after Yellen told a joint congressional committee of her ... ( read original story ...)

Asian shares mixed, Nikkei up as Yellen remarks lift dollar

KEEPING SCORE: Japan’s benchmark Nikkei 225 index added 0.6 percent to 17,967.41 as the yen hit a six-month low, helping shares of the country’s big exporters. South Korea’s Kospi shed 0.3 percent to 1,974.58 while Hong Kong’s Hang Seng rose 0.3 ... ( read original story ...)

Japan's leader Abe heads to New York to meet Trump

TOKYO — Japan's leader will likely seek reassurances that President-elect Donald Trump remains committed to the U.S.-Japan security alliance when the two meet in New York on Thursday. Prime Minister Shinzo Abe plans to meet the incoming president in what ... ( read original story ...)

Nikkei edges down as financial stocks hurt by BOJ JGB operation

TOKYO, Nov 17 Japan's Nikkei share average edged down on Thursday morning tracking weakness in Wall Street, while the central bank's first fixed-rate debt purchasing operation hurt financial stocks. In mid-morning, the Bank Of Japan launched its first ... ( read original story ...)

Mizuho Bank gears up for new core banking system go-live

Japan’s Mizuho Bank is going to move to a new core banking platform in early 2017, Banking Technology understands. The cost of the project is believed to be JPY 300 billion ($2.8 billion). The bank is keen to modernise its core platform, particularly ... ( read original story ...)

Bank of Japan unveils surprise bond-buying plan

TOKYO — The Bank of Japan on Thursday offered to buy an unlimited amount of Japanese government bonds at fixed rates for the first time since the introduction of a new policy framework — a sign of its concerns over recent rises in yields. The move is ... ( read original story ...)