The Bank of Japan trimmed its growth forecasts for 2020 but predicted a stronger economic rebound in 2021, as it kept monetary policy on hold at its October meeting. Japan’s central bank said the ... ( read original story ...)
Japan Wants to Take the Heat Off Data Centers With the Help of Snow
(Bloomberg) -- Japan’s quest for zero-emission data centers that rely less on air-conditioning is harnessing the world’s oldest cooling system: snow. To reduce the amount of energy needed to keep ... ( read original story ...)
Bank of Japan cuts growth forecast but sees recovery prospects
The Bank of Japan on Thursday trimmed its economic and price forecasts for the current fiscal year but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough ... ( read original story ...)
Bitcoin Rally Getting Added Boost From ‘Wrapped’ Crypto Tokens
As Bitcoin rallied to its highest level in almost three years, it was getting some unlikely support from advocates of its biggest rival. ( read original story ...)
Two Indicted in Latest Federal Prosecution of SIM-Swapping Crypto Theft
Federal prosecutors on Wednesday said that two men have been indicted for stealing cryptocurrency from victims through a SIM-swapping and phishing fraud scheme. The case should remind members of the ... ( read original story ...)
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
New York state’s financial regulator is urging firms to pay closer attention to financial risks associated with climate change. In a letter sent to all regulated entities on Thursday, the New York ... ( read original story ...)
Bill Hinman, who spearheaded the SEC’s early crypto policies, is leaving the commission
Hinman's commentary on the status of cryptocurrencies and the Howey Test was particularly critical to regulation surrounding ICOs. ( read original story ...)
Crypto Exchange FTX to Trade Top Stocks From Tesla to Amazon
Cryptocurrency traders will soon be able to trade tokenized shares of some of the world’s largest companies like Apple Inc. and Amazon.com Inc. Crypto exchange FTX, in partnership with German ... ( read original story ...)
Coinbase launches crypto debit card in U.S. with 1% Bitcoin reward
Owning cryptocurrencies like Bitcoin has long come with a drawback: There are few practical opportunities to spend them since so few merchants accept them and, for those stores that do, transactions ... ( read original story ...)
Tesla meets crypto as FTX launches fractionalized stock trading
Major cryptocurrency derivatives exchange FTX has launched trading in “fractional stocks offerings” — tokenized products representing the shares of global firms. The products were launched on Oct. 29 ... ( read original story ...)
WeWork’s New CEO Is Eyeing an IPO Again — After He Turns Profit
WeWork is on track to turn profitable in 2021 and will then revisit plans for an initial public offering, Chief Executive Officer Sandeep Mathrani said, a year after the startup’s IPO fiasco prompted ... ( read original story ...)
Tokyo’s Nikkei Closes Down For Fourth Straight Session
Tokyo's benchmark Nikkei index closed down for a fourth consecutive session Thursday, extending falls on Wall Street on rising concerns over escalating coronavirus cases in the northern hemisphere. ( read original story ...)
BOJ Stands Pat, Says Japan’s Economy Recovering Gradually
TOKYO—The Bank of Japan kept monetary policy unchanged Thursday and maintained its view that the Japanese economy is gradually recovering from the impact of the coronavirus pandemic. “Japan’s economy, ... ( read original story ...)
Japan’s central bank keeps monetary policy unchanged, lowers growth, inflation forecasts
TOKYO, Oct. 29 (Xinhua) -- The Bank of Japan (BOJ) on Thursday lowered its economic growth and inflation forecasts for the current business year through March, although kept its ultra-loose monetary ... ( read original story ...)
Bank of Japan cuts growth forecast but flags policy pause on recovery prospects
The Bank of Japan has today trimmed its economic and price forecasts for the current fiscal year but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough ... ( read original story ...)
Japan’s Kioxia to build $9.5bn NAND plant to meet 5G demand
Yokkaichi is the Japanese semiconductor maker's main production ... However, the delayed IPO limits Kioxia's options for raising funds. The NAND flash memory sector is consolidating as six ... ( read original story ...)