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China digital currency to ‘provide backup’ for Alipay, Tencent’s WeChat Pay if ‘something happens’ to internet giants
China’s central banks says the government digital currency is needed to ensure stability if Alipay and WeChat Pay hit financial or technical problemsChina has also called on major central banks to work together to ensure sovereign digital currencies are compatible with each other
HARUHIKO Kuroda (pic) really, really wants you to believe he isn’t remotely finished juicing Japan’s economy
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the need for the central bank to "prepare thoroughly" for the time it may need to issue its own digital currency.
TOKYO: The Bank of Japan (BoJ) is under pressure to relax rules for its purchases of real-estate investment trusts (REITs) so that it can keep buying the asset at the current pace, highlighting the challenges of sustaining its massive stimulus programme.
TOKYO: The Nikkei’s rapid ascent to a 30-year high above the 30,000 mark has stunned many analysts, but some traders say market hedging against call options at that level is the likely reason for the market’s gains.
TOKYO: The Bank of Japan (BoJ) will likely focus on measures to make its purchases of risky assets, such as exchange-traded funds (ETF), more flexible as the economy comes under growing strain from a spike in Covid-19 infections, a Reuters poll found.
TOKYO: Bank of Japan governor Haruhiko Kuroda yesterday reaffirmed the bank’s readiness to expand monetary stimulus if the coronavirus pandemic threatened to derail a fragile economic recovery.
TOKYO: Bank of Japan (BoJ) policymakers were divided on how far to go in tweaking its stimulus programme, with some calling for an overhaul of its strategy for achieving 2% inflation, a summary of views voiced at the December rate review showed.