Search Results for: Japan
Japan’s stagnant economy sees daylight ahead
December 29th, 2016
Factory output data released by Japan’s trade ministry shows signs of economic recovery after decades of stagnation. Industrial production grew by 1.5 percent this month over November, slightly below the 1.6 percent predicted by experts. The figure followed a ...
Japan: Anti-tax haven (CFC) proposals in 2017 tax reform
December 15th, 2016
The ruling coalition (the Liberal Democratic Party and New Komeito) on 8 December 2016 agreed on an outline of 2017 tax reform proposals, among which are proposed amendments to the Japanese anti-tax haven (CFC) regime. Under the proposed 2017 ...
Japanese MegaBank Mizuho Tests its Own Digital Currency
December 8th, 2016
Japanese banking giant Mizuho has tested its digital currency developed in partnership with IBM Japan to reduce costs of money transfers, a report has revealed. The Mizuho Financial Group-IBM partnership announced earlier this year has seen successful testing of ...
Bank of Japan published Overview of the Tokyo Money Market Survey
November 25th, 2016
Introduction The Financial Markets Department of the Bank of Japan (the Bank) has conducted the Tokyo Money Market Survey since 2008 to understand developments in the Japanese money market. Initially, this series of surveys was conducted every other year. ...
Japanese insurer to offer coverage for both exchanges and their customers
November 25th, 2016
Mitsui Sumitomo Insurance will launch an insurance product specifically designed to cover losses and damages at bitcoin exchanges. The product, developed with Japanese bitcoin exchange operator bitFlyer, will protect both exchanges and their customers. The total coverage, ranging from ...
Dollar Extends Surge as Bonds Decline; Japanese Equities Climb
November 24th, 2016
Gold near 9-month low as futures put 100% odds on Fed hike Emerging markets slip, with Philippine peso at eight-year low The dollar extended gains at the highest in more than a decade as a stronger case for hiking ...
Bitcoin Exchange Gemini expands to Japan & South Korea
November 8th, 2016
Bitcoin and ether exchange Gemini, founded by the Winklevoss brothers, has announced the expansion of Gemini services to Japan and the Republic of Korea. According to the announcement, these dynamic East Asian economies have long embraced the growth of ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
Japanese Financial Institution Set to Launch a Digital Currency Exchange
October 31st, 2016
Japanese financial services group SBI is set to launch a platform that enables the trading and exchange of virtual currencies, citing increasing interest in virtual currencies like bitcoin which is proving popular among everyday investors. An announcement reveals the new company to be ...
Japan set to drop sales tax on buying virtual currency
October 12th, 2016
Japan looks to end sales-tax collection on purchases of virtual currencies in the spring, a move likely to propel the growth of bitcoin and others as alternatives to traditional money. The change would reduce costs for buyers and relieve operators of ...
