Business / Tech Jan 15, 2022
North Korea stole $400 million of cryptocurrency in 2021, report says
by Jon Herskovitz
The haul marked a 40% increase from a year before, the report from blockchain research firm Chainalysis said.
Business / Tech Jan 11, 2022
China offers digital yuan at Olympics to test overseas appeal
Visitors can download an app or get a physical card that stores the digital yuan, or convert foreign bank notes into e-CNY at self-service machines, according to the Bank of China Ltd.
Business Jan 10, 2022
Funds seeking higher returns have flowed into the United States, causing a wave of dollar buying against the yen.
World Dec 28, 2021
Even if it currently poses no direct threat to the hegemony of the greenback, Europe's single currency has been a respectable runner-up since it began circulating on Jan. 1, 2002.
Business / Tech Dec 20, 2021
Crypto attracts more money in 2021 than all previous years combined
by Crystal Kim
Venture capital funds have poured about $30 billion into crypto, or more than in all previous years combined for the little more than a decade-old technology.
Business / Economy Dec 4, 2021
U.S. keeps Japan and China on 'monitoring list' over currency practices
The Treasury Department said that Japan and China remain on the list, but refrained from labeling any major U.S. trading partner as a manipulator.
Business Nov 5, 2021
Mystery of China’s huge dollar surplus baffles global markets
by Enda Curran
Unprecedented trade surpluses and record inflows into its bond market are giving China a stockpile of dollars unseen since the days of the "Asian savings glut."
Business / Tech Oct 21, 2021
Emboldened Bitcoin bulls shoot for moon after smashing record
by Vildana Hajric and Katie Greifeld
The cryptocurrency has rallied 120% in 2021 — and for some believers, $100,000 is once again in sight.
Asia Pacific Oct 12, 2021
Plunging currency and dollar drought worsen Myanmar economic crisis
by Khine Lin Kyaw and Lilian Karununga
The plunging kyat is already taking its toll on the economy, with some businesses shutting down because they are unable to cope with rising costs of imports and raw materials.
Business / Tech Oct 11, 2021
G7 to set out guiding principles on central bank digital currencies
At a meeting of finance chiefs on Wednesday, the nations will call for transparency and privacy protections as part of a common set of rules for the currencies, a draft document shows.
Tech Sep 24, 2021
Bitcoin stumbles as China turns the screws on cryptocurrencies
Crypto contributes little to economic growth, spawns risks, consumes huge amounts of energy and hampers carbon neutrality goals, say authorities.
Commentary / Japan Aug 30, 2021
Will Japan become a hub for Russia and China to evade sanctions?
by Francis Shin
As sanctions coordination increases between the U.S. and its allies, Japan must join them with similar sanctions or risk becoming a hub for Chinese and Russian sanctions evasion.