Tag - currencies

 
 

CURRENCIES

Japan Times
BUSINESS
Nov 5, 2021
Mystery of China’s huge dollar surplus baffles global markets
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.'
Japan Times
BUSINESS / Tech
Oct 21, 2021
Emboldened Bitcoin bulls shoot for moon after smashing record
The cryptocurrency has rallied 120% in 2021 — and for some believers, $100,000 is once again in sight.
Japan Times
ASIA PACIFIC
Oct 12, 2021
Plunging currency and dollar drought worsen Myanmar economic crisis
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.
Japan Times
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.
Japan Times
BUSINESS / 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.
Japan Times
COMMENTARY / Japan
Aug 30, 2021
Will Japan become a hub for Russia and China to evade sanctions?
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.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Aug 8, 2021
Japan Times 1946: 'Perfect occupation' is MacArthur's goal
In 1946, Japan was still rebuilding after the war. Those steps would continue until 1971 when the country first attempted to float its currency on the global stage.
Japan Times
COMMENTARY / World
Jun 20, 2021
Putin's right. There is no escaping the dollar.
China's campaign to internationalize the yuan, which received backing from the International Monetary Fund in 2016, is going nowhere fast.
Japan Times
BUSINESS / Tech
Jun 15, 2021
In El Salvador's Bitcoin beach town, digital divide slows uptake
The tropical surfing spot's basic infrastructure offers a glimpse of the potential pitfalls to popularizing Bitcoin nationally for payments and savings.
Japan Times
BUSINESS
Jun 14, 2021
As El Salvador makes bitcoins tender, traders mull where that leaves the dollar
Some observers wonder whether a bigger movement is afoot: replacing a conventional currency on a national scale and then beyond.
Japan Times
BUSINESS / ANALYSIS
Jun 2, 2021
China's banks are bursting with dollars, and that's a worry
Boosted by surging export receipts and investment flows, the value of foreign cash deposits in China's banks leapt above $1 trillion for the first time in April.
Japan Times
BUSINESS
May 20, 2021
As Bitcoin plunges, is it a bust or a buy?
At one point on Wednesday, nearly $1 trillion was wiped off the market capitalization of the entire cryptocurrency sector.
Japan Times
BUSINESS
May 17, 2021
Bitcoin tumbles after Elon Musk implies Tesla may sell cryptocurrency
The currency slid below $45,000 for the first time in almost three months following a Twitter exchange involving the mercurial billionaire.
Japan Times
COMMENTARY / World
May 13, 2021
Unseen digital cash will stretch your money
These invisible blockchain tokens could still turbocharge our everyday money: by making it move faster and stretching its worth.
Japan Times
BUSINESS / ANALYSIS
Apr 26, 2021
With digital yuan trials, Beijing looks to claw back data from Alipay and WeChat
'Big data is wealth. Whoever owns data thrives,' said a banking official tasked with promoting the digital yuan.
WORLD
Apr 19, 2021
'Britcoin' not bitcoin? U.K. considers new digital currency
A Bank of England-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to sidestep others when making payments.
Japan Times
BUSINESS / Economy
Apr 13, 2021
U.S. eyes potential threat from China’s digital yuan
Some officials are concerned China's moves could kick off a long-term bid to topple the dollar as the world's dominant reserve currency.
Japan Times
COMMENTARY / World
Mar 31, 2021
Who needs a digital dollar?
The idea of a digital dollar has been in the air for some time now. Recently, it descended from the ether to the lips of U.S. Treasury Secretary Janet Yellen and Federal Reserve Chair Jay Powell. At an event in February, Yellen flagged the idea as “absolutely worth looking at,” adding that the Federal...
Japan Times
BUSINESS / Tech
Mar 22, 2021
As e-money gains ground in Japan, so do local digital currencies
Regional virtual currencies such as Setagaya Pay can be used in a specific city or ward and are intended to stimulate local economies that have been battered by the pandemic.
Japan Times
BUSINESS / Tech
Mar 1, 2021
Coinbase mafia shows how tight a circle holds sway over Bitcoin
Coinbase Global Inc.'s filing to become a publicly traded company provides a glimpse into the remarkably small circle of mostly men who command the incredibly lucrative digital landscape.

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