TOKYO—The Bank of Japan left its aggressive easing policy unchanged Friday and offered no new clues on when and how it might join other major central banks in winding down its measures as Haruhiko Kuroda heads toward a second five-year term as governor. ( read original story ...)
Japanese Market Sharply Higher Ahead Of BOJ Decision
In addition, a weaker yen lifted exporters' shares. Meanwhile, the Bank of Japan will wrap up its monetary policy meeting announce its decision on interest rates later in the day. The central bank is widely expected to keep its benchmark lending rate ... ( read original story ...)
Japan real wages slump, overshadow rebound in household spending
A spate of data issued on Friday cast doubt on the Bank of Japan’s optimistic projection that a strengthening recovery will prompt firms to hike wages and boost consumption, helping accelerate inflation to its elusive 2 percent target. The weakness in ... ( read original story ...)
Wynn Resorts settles lawsuit for $2.4B with Tokyo company
Wynn Resorts has agreed to pay $2.4 billion in a settlement with a Tokyo casino game maker and its U.S. unit over ... Her attorney has denied that she instigated the news story. Steve Wynn resigned as chairman and CEO of the company Feb. 6. ( read original story ...)
Japanese banks to use Ripple for blockchain for payments
CNBC reports that the Japan Bank Consortium, comprised of 61 member banks, is set to release MoneyTap, a Ripple-powered smartphone app that will allow customers to settle transactions in real time. The country's current system for cash transfers is limited. ( read original story ...)
Japanese banks to roll out blockchain-based instant payments
Ripple powered mobile app to provide on-demand domestic payments in Japan — Ripple — “MoneyTap allows the bank consortium customers to make instant domestic payments and only requires a bank account, phone number, or QR code… The Japan bank ... ( read original story ...)
Japan Bank Consortium Prepares Ripple-Powered Mobile App for Instant Transactions
JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector. ( read original story ...)
What’s Propelling OITA BANK LTD ORDINARY SHARES JAPAN (OTCMKTS:OITAF) After Higher Shorts Reported?
The stock of OITA BANK LTD ORDINARY SHARES JAPAN (OTCMKTS:OITAF) registered an increase of 800% in short interest. OITAF’s total short interest was 900 shares in March as published by FINRA. Its up 800% from 100 shares, reported previously. It closed at ... ( read original story ...)
Bank Of Japan Rate Decision Due On Friday
BEIJING (dpa-AFX) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The central bank is widely expected to keep its ... ( read original story ...)
Nagoya High Court overturns lower court ruling on medical claim by Nagasaki hibakusha siblings
The Nagoya High Court ruled Wednesday that two women who were exposed to the U.S. atomic bombing of Nagasaki should be recognized as sufferers of radiation diseases, overturning a lower court decision that had ruled otherwise. The high court said the ... ( read original story ...)
Tokyo shares rebound as trade war fears ease
Tokyo stocks ended higher on Thursday ... In trade in individual stocks, copier maker Ricoh ended up 0.99 percent at 1,118 yen after the Nikkei business daily reported that it would cut some 4,000 jobs, or four percent of its group workforce, mostly ... ( read original story ...)
Japan’s Marathon Season Wraps at Sunday’s Nagoya Women’s Marathon – Preview
Japan’s domestic elite marathon season wraps up Sunday with the Nagoya Women’s Marathon, the final race in the first season of qualification for the MGC Race, Japan’s new 2020 Olympic trials marathon to be held in late 2019. In its first season the ... ( read original story ...)
Osaka too strong for Sharapova in California
(Reuters) - Former world number one Maria Sharapova lost her second consecutive first round match with a 6-4 6-4 defeat to Japan’s Naomi Osaka at the BNP Paribas Open in California on Wednesday. Sharapova, who returned to tennis last April following a 15 ... ( read original story ...)
Japan punishes seven cryptocurrency exchanges over regulatory lapses
TOKYO (Reuters) - Japan on Thursday punished seven cryptocurrency exchanges, ordering two of them to suspend business, in an effort to shore up consumer protection after the $530 million theft of digital money from Tokyo-based Coincheck Inc. The Financial ... ( read original story ...)
Ripple develops blockchain-powered payment app with 61 banks to speed up transactions in Japan
Ripple said that the app would make it easier for banks to settle round-the-clock domestic payments in Japan. Consumers will require a bank account, phone number or a QR barcode to use the app, Ripple said. The banking consortium is led by SBI Ripple Asia ... ( read original story ...)
Ripple Price Prediction: XRP in Bear Market Despite Japanese Announcement
Yesterday, in a statement that received surprisingly little attention, the Japanese Bank Consortium unveiled a mobile app built on Ripple’s distributed ledger. The app is called “MoneyTap.” It will give customers the power to send money around the ... ( read original story ...)