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 ...)
Japanese Bank Consortium to Use Ripple Blockchain for Customer Payment App
A consortium of Japanese banks will be using the Ripple blockchain to allow consumers to settle transactions quickly through a new smartphone application. In an announcement released yesterday, by the San Francisco-based company, ‘MoneyTap is the first ... ( read original story ...)
Japan Overall Bank Lending Rises 2.1% In February
The value of overall bank lending in Japan was up 2.1 percent on year in February, the Bank of Japan said on Thursday - coming in at 521.735 trillion yen. That follows the downwardly revised 2.3 percent increase in January (originally 2.4 percent). ( read original story ...)
Japan fourth-quarter GDP growth revised up, BOJ seen in no rush to exit easy policy
However, despite the solid growth — the longest run in 28 years — analysts say the Bank of Japan is unlikely to bring forward a debate on exit from monetary stimulus given the sluggish wages that have prevented consumer spending and inflation from ... ( read original story ...)
Bank of Japan Should Focus on Equities and Banks, Not Inflation
India Can No Longer Spend Its Way To Higher Growth Why Is PM Modi Allowing DACOIT-y On Indian Digital Startups? India’s Online Streaming Infatuation Is Taking Over Its Love For Cinema Steel, Aluminium, And The New Trade War ‘Achhe Din ... ( read original story ...)
Japan’s economy grew 1.6 percent in the last quarter of 2017
"Still, Japan's growth will hold firm at least until summer, led by exports and capital expenditure, with help from the solid U.S. economy." With inflation remaining distant from the 2 percent target, the Bank of Japan is widely expected to keep its ... ( read original story ...)
Japan fourth-quarter GDP growth revised up, driven by capex gains
“Still, Japan’s growth will hold firm at least until summer, led by exports and capital expenditure, with help from the solid U.S. economy.” With inflation remaining distant from the 2 percent target, the Bank of Japan is widely expected to keep its ... ( read original story ...)
Sharapova upset by Osaka in 1st round at Indian Wells
Maria Sharapova's return to the BNP Paribas Open for the first time in three years ended in a 6-4, 6-4 loss to Naomi Osaka of Japan on Wednesday night. Sharapova's ranking of No. 41 in the world forced her to play a first-round match in the tournament she ... ( read original story ...)
Tokyo: Girl, 17, earned ¥5 million at ‘JK’ parlors
TOKYO (TR) – Tokyo Metropolitan Police have busted a so-called “JK” school girl business for allegedly employing an underage girl, who herself has ignored repeated warnings about such work, reports the Sankei Shimbun (Mar. 7). On January 19 ... ( read original story ...)
Japan penalizes several cryptocurrency exchanges after hack
TOKYO - The Japanese government is slapping penalties on several crypotocurrency exchanges in the country, after 58 billion yen ($530 million) of virtual coins were lost earlier this year from hacking. The Financial Services Agency, which has been checking ... ( read original story ...)
Exclusive: Japan’s new advanced fighter may be based on existing foreign design – sources
TOKYO (Reuters) - Japan is seeking proposals for a new advanced jet fighter based on an existing Western aircraft and wants American and British cooperation to help kick-start development of the project, which is estimated to cost around $40 billion ... ( read original story ...)
Langerak: Mat Ryan has earned the Socceroos No.1 goalkeeping position
EXCLUSIVE: The Australian shot-stopper talks about his relationship with the green-and-gold first choice heading into the World Cup Mitch Langerak has had a dominant start to his J-League career with Nagoya Grampus, but the player himself knows he has an ... ( read original story ...)
6 things Americans will find surprising about Tokyo
I do not know how these places stay in business without being seen from the ground level, but locals seem to find them just fine. Tokyo has the most Michelin stars of any city on earth, but it's not just the haute cuisine that will impress. Discerning ... ( read original story ...)
Tokyo stocks turn lower on yen’s ascent
Stocks turned lower on the Tokyo Stock Exchange on Wednesday, pressured by the yen’s rise against the dollar. The 225-issue Nikkei average fell 165.04 points, or 0.77 percent, to end at 21,252.72, after surging 375.67 points on Tuesday. The Topix index ... ( read original story ...)
Bitcoin’s Tokyo Whale Sold $400 Million and He’s Not Done Yet
The Tokyo attorney and bankruptcy trustee for the now-defunct Mt. Gox exchange disclosed on Wednesday that he sold about $400 million worth of Bitcoin and Bitcoin Cash since late September. Kobayashi is sitting on another $1.9 billion of the tokens and ... ( read original story ...)
Hotel Gracery to Open in Osaka
Construction is underway on Hotel Gracery Namba — the first Gracery property in Osaka. Leading Japanese hotelier Fujita Kanko Inc. announced plans to open the hotel in summer 2019, marking the 11 th hotel in the Gracery brand portfolio upon opening. ( read original story ...)