Haruhiko Kuroda, former governor of the Bank of Japan, said the yen was likely to strengthen to around Y120 to Y130 to the dollar as the gap between Japanese and US interest rates was expected to narrow sooner or later. "The current level of around Y153 to the dollar is too weak," Haruhiko Kuroda said in an interview with Bloomberg Television on the sidelines of the Barclays Asia Forum in Singapore on Thursday. "At some stage, the yen will recover to Y120 or Y130 to the dollar," he said. (Jin Te...
Israeli Prime Minister Benjamin Netanyahu: We will eliminate Hamas' military capabilities.
Market news: Former Prime Minister Yoshihiko Noda of the Constitutional Democratic Party of Japan has asked the Japan Restoration Council to elect him as Prime Minister; Noda Yoshihiko will submit a motion of no confidence in the cabinet.
Mizuho Bank, Fujitsu and heavy industry company IHI have partnered to use blockchain technology to streamline the process of issuing J-Credits in Japan. The issuance of carbon credits requires government certification of greenhouse gas emissions reductions, which is complex and time-consuming, and the issuer may face the risk of not finding a buyer. Mizuho Bank will acquire J-Credits as a "preferred buyer" and resell it to customers. The bank is also a market maker for J-Credits on the Tokyo Sto...