At his acrylic panel manufacturing company in Tokyo, Satoaki Kanoh will soon have to replace over a dozen aged machinery. This is a significant project that he fears may get even more expensive.   "My goal is to perform one every year. However, I don't have that much money," Kanoh remarked...

The unusually ambiguous benchmark that Federal Reserve governors set for when the American central bank should begin reducing interest rates was "greater confidence" that inflation was on a sustainable downward path. This was the reason they departed their policy meeting in late January.  ...

The Bank of Japan (BOJ) marked a historic departure from its focus on reflating growth with decades of huge monetary stimulus on Tuesday, ending eight years of negative interest rates and other remains of its unconventional policy.   Although it was Japan's first interest rate increase in 17...

The government pension fund in Japan announced on Tuesday that, as part of its investigation into possible new investments, it is seeking information on "illiquidity assets," including bitcoin.   The Government Pension Investment Fund (GPIF) of Japan, which holds the title of largest pension...

According to calculations by the US Department of Energy's Energy Information Administration (EIA), US oil exports rose by 13% from 2022 to a record 4.1 million barrels per day (bpd) in 2023. Oil exports from the nation were prohibited until 2015, at which point they were permitted, with the...

According to a top IMF official, underlying inflation in central, eastern, and southeast Europe is stronger than in advanced economies, necessitating a longer period of strict monetary policy for several central banks in the region than for the European Central Bank.   Some central banks in...

Larger-than-expected wage increases by well-known Japanese companies have greatly increased the likelihood that the central bank will abandon its massive stimulus programme and end its eight years of negative interest rate policy next week.   According to those acquainted with the bank's...

Steven Mnuchin, the former Treasury Secretary of the United States, is assembling a group of investors to purchase the TikTok service for making and watching short videos, reports CNBC. A bill that might result in the ban of TikTok on US soil was approved by the House of Representatives of Congress...

With the price of bitcoin hitting all-time highs, people are focusing on its impending "halving" and if that is contributing to its rise.   Depending on your point of view, the halving is either an important development that will enhance bitcoin's worth as a scarcer good or it's just a...