Mar 26, 2016

Iran denies supporting U.S. bank hacking

Iran on Saturday denied supporting cyber attacks against the United States after a New York court indicted seven Iranians over hacking dozens of American banks and a major dam. “The Islamic Republic of Iran has never had dangerous cyber actions on its agenda and ...

Mar 22, 2016

Government approves higher savings cap at Japan Post Bank

The government agreed Tuesday to raise the cap on deposits at Japan Post Bank despite fears among small, regional rivals that it will result in an outflow of funds. Savers will be able to stash a total of ¥13 million in future, compared with ...

Bangladesh seeks FBI's help in investigating central bank heist

Mar 19, 2016

Bangladesh seeks FBI's help in investigating central bank heist

Bangladesh has formally sought assistance from the U.S. Federal Bureau of Investigation to track down the cyber crooks who stole $81 million from its central bank’s U.S. account, the interior minister said on Saturday. Unknown hackers breached the computer systems of Bangladesh Bank in ...

Mar 15, 2016

European development bank opens new office in Tokyo

The European Bank for Reconstruction and Development has opened a new representative office in Tokyo to boost ties with Japanese firms and attract private-sector investment to regions it supports. “I do believe we can do a lot more together with our Japanese friends,” EBRD ...

Mar 4, 2016

Japan OKs recognizing virtual currencies as similar to real money

The Cabinet on Friday approved a set of bills to help banking groups expand their information technology businesses and to recognize virtual currencies as having a function similar to real money. Under the revised banking bills, bank-holding companies will be able to acquire IT-related ...