Only 4% of Japan’s total population uses or owns cryptocurrencies. Experimental testing of the digital yen is expected to begin in April 2023. The Bank of Japan revealed on February 17, 2023, that...
Tag: Japan
Markets fall on hot economy, chance of 0.5% rate hikes
James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg | Getty Images...
U.S. stocks don’t seem bothered by inflation
People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is fro...
USD/JPY price forecast as Japan trade deficit soars to record high
The USD/JPY exchange rate made a steady recovery this week after Japan unveiled the next Bank of Japan (BoJ) governor. The rebound faded slightly on Thursday after Japan published weak trade and machi...
Inflation is more complex than markets believe
An aerial daytime view of a container ship on The Solent Sea, U.K. Karl Hendon | Moment | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNB...
January’s consumer price index might surprise markets
Michael H | Digitalvision | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they n...
Where are Chinese travelers going? Thailand and more in Southeast Asia
In a survey last year, Chinese travelers said that they were most interested in visiting Europe, Australia, Canada, Japan and South Korea. But that’s not where they’re going — at least not...
Bank Of Japan’s Next $5 Trillion Man Has Worst Job In Economics
Japan’s government nominated Kazuo Ueda to be the next governor of the Bank of Japan. Akio Kon/Bloomberg As poisoned-chalice jobs go, leading the Bank of Japan is a real standout. In fact, Kazuo...
Nikkei 225 index recoils after new BoJ pick, Japan GDP miss
The Nikkei 225 (NI225) index moved sideways on Tuesday after the Japanese government confirmed the next Bank of Japan (BoJ) chair. It consolidated at ¥27,575 as investors assessed the new policy shift...
The Biden Administration Should Learn Japan’s Painful Lessons On Hydrogen
Los Angeles, CA – March 17: A view of the backside of Unit 5, which uses the waste heat from another … [+] turbine generator, to create steam and generate additional electricity, and the H...
Laos starts digital currency tests with Japan blockchain company
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Where will White Lotus be filmed next — Maldives, Japan or Thailand
When the HBO black comedy “The White Lotus” premiered in the summer of 2021, it took viewers to Hawaii’s sunny Maui. It was a perfectly timed pandemic escape full of intrigue, satire...
Zodia Custody and SBI Digital Collaborate For Custodian Services in Japan
59 mins ago | 2 mins read Bitcoin News The Financial Services Agency in Japan must still approve the merger. The joint venture is owned 51% by SBI DAH and 49% by Zodia Custody. Zodia Custody, a subsid...
Zodia Custody Teams Up With SBI Digital Asset Holdings to Form Crypto Custodian in Japan
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Language Differences Hold Back U.S. Companies In Fast-Growing Asia: KPMG Economist
Travelers on the move in the departure hall at the Hongqiao Railway Station in Shanghai last month; … [+] China’s economic growth rate this year is expected to one of the world’s fas...
Standard Chartered to set up crypto custody in Japan
The Standard Chartered bank has also joined the list of big banks making efforts to explore opportunities in the blockchain and cryptocurrency. The bank recently initiated a crypto joint venture arran...
Japanese prime minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy
Fumio Kishida, the prime minister of Japan, has come out in support of blockchain as a potential solution for technological issues facing the country. In response to questions from Liberal Democratic ...
LBank CMO Reveals Why the Future of Web3 Lies in Japan
INTERNET CITY, DUBAI, 3rd February, 2023, Chainwire Kaia Wong, CMO of top crypto exchange LBank, has predicted that Japan will become the center of web3. The island nation is currently moving to embra...
Prominent Crypto Exchange Kraken Exits Abu Dhabi After Japan
Exchange News In 2022, widespread layoffs hit the cryptocurrency sector due to crypto winter. Users in the Middle Eastern country may still access the platform. The Abu Dhabi office of Kraken, a renow...
Toyota Tests Developer Skills on Popular Japanese Blockchain
Little known outside of Japan, Astar Network, a blockchain in the Polkadot (DOT) ecosystem, has gotten noticed by one of the world’s largest private enterprises: Toyota Motor Corporation. A developer ...
Prime Minister of Japan Fumio Kishida Comes Out in Support
The current Prime Minister of Japan, Fumio Kishida, has expressed his support for blockchain technology as a possible answer to the technical challenges that Japan is now experiencing. Kishida said th...
FTX Bid Deadlines for Japan, Europe Businesses Revealed (Report)
The FTX Group of companies undergoing bankruptcy proceedings extended the preliminary bid deadline for its Japan and Europe affiliates as administrators scramble to raise funds to help pay back credit...
FTX Japan promises to return funds but still won’t say when
FTX Japan has confirmed that its customers will be able to withdraw funds from “an unspecified moment in February.” In a post published this week, the company informed users that their assets will be ...
Toyota Retains a Coveted Crown
Regarding electric vehicles, Toyota has plenty more to say. The Japanese automaker is outdistanced by its competitors in the electric vehicle segment. It only recently recognized that its strategy may...
Japan’s Crypto Revival: As Other Nations Hesitate, Japan Embraces Web3
“We have to hold 100% of client assets (same kind and same amount) in cold wallets every day,” said Takaaki Kato, head of sales and trading at Bitflyer, one of Japan’s largest crypto exchanges. “If th...
Where Real Wages Rose & Where They Stagnated [Infographic]
2022 has been a year where inflation has seriously eaten into or even totally diminished any salary increases workers might have received. For people in some countries, this scenario has actually been...