Japan Raises Interest Rates to Highest Level Since 2008Japan's economy is experiencing inflation and wage growth reminiscent of the early 1990s.The Bank of Japan is raising interest rates for the first time since the lost decades.
First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate RisesBitcoin rose above $59,000 amid interest rate speculation, while the broader crypto market shows slight gains, highlighting the nuanced interplay of economic factors.
Japan Raises Interest Rates to Highest Level Since 2008Japan's economy is experiencing inflation and wage growth reminiscent of the early 1990s.The Bank of Japan is raising interest rates for the first time since the lost decades.
First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate RisesBitcoin rose above $59,000 amid interest rate speculation, while the broader crypto market shows slight gains, highlighting the nuanced interplay of economic factors.
In Japan's Countryside, Century-Old Firms Learn to Embrace Foreign WorkersHizatsuki Confectionery is adapting to labor shortages by hiring foreign workers, a significant shift due to Japan's aging population challenge.
Metaplanet Buys Another 107 Bitcoin, Pushing Stock-BTC Ratio to 20%Metaplanet acquired 107 BTC for $6.9 million, funding its investment through a loan to hedge against yen volatility and increase stock value.
Japan Wanted Higher Inflation. It's Here, and It Hurts.Japan embraced inflation to stimulate economic growth, maintaining low interest rates while major central banks raised rates to rein in prices.
Japan's economy shrinks faster than expected; BT in new 3bn cost savings push business liveJapan's economy contracted more than expected in Q1 2024, with factors like weak consumer spending and disruptions from a safety scandal and earthquake playing a role.