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Joe Biden to order studies on regulating, issuing cryptocurrency: Source 0
- International
- March 8, 2022
U.S. President Joe Biden is expected to sign a long-awaited executive order this week directing the Justice Department, Treasury, and other agencies to study the legal and economic ramifications of creating a U.S. central bank digital currency, a source familiar with the matter said on Monday. The White House last year said it was considering
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Jim Simons: The Man Who Decoded Markets with Math 0
- Business, Stock Market
- May 11, 2024
Jim Simons, who passed away on May 10, 2024, was a remarkable figure who straddled the worlds of mathematics, finance, and philanthropy. Nicknamed the “Quant King,” Simons’ legacy lies in his pioneering use of quantitative analysis to revolutionize the investment world. Born in 1938, Jim Simons’ brilliance in mathematics was evident from a young age.
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jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone 0
- Market
- November 30, 2022
Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this
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Japanese Yen Rallies to 4-month High on BoJ Policy Tweak, Asia FX Slips 0
- Market
- December 20, 2022
Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese yen rallied past its peers after the Bank of Japan tweaked its ultra-dovish policy, drumming up hopes for an eventual pivot. The yen jumped 2.7% to 133.14 – its strongest level against the dollar in four months. The
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Japan Upgrades Q3 GDP as Global Recession, COVID Risks Linger 0
- Market
- December 8, 2022
Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting high import
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Japan to Make Raising Wages a Top Priority, Says Senior Govt official 0
- Market
- December 28, 2022
Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday. “The biggest challenge for Japan’s economy is a lack of wage growth. Unless wages rise, consumption won’t pick up and companies won’t increase investment,” Kihara said, speaking during a television programme.
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