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Japan's Unemployment Rate Edges Up To Highest In Over A Year
Japan's jobless rate rose to its highest in over a year, signaling a slight loosening of the labor market as speculation swirls over a Bank of Japan rate hike in the near term.
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World Bank Data On India And Pakistan Shows Massive Contrast Over Poverty
Latest data released by the World Bank shows the tale of two countries - India and Pakistan - and their journey to battle poverty - a colonial inheritance.
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Inflation Returns To Japan, Rice Prices Soar By 98%
Japan's core inflation rate accelerated in April to 3.5 percent as rice prices almost doubled year-on-year, official data showed Friday.
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Japanese Bank Employees Vow In Blood Against Embezzlement
A bank in Japan has implemented an extraordinary policy where employees have signed a pledge in blood, promising to take their lives if found guilty of embezzling funds
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Vietnam Debuts Academy of Blockchain, AI with Plans to Train a Million People in Emerging Tech
The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...
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CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
Kazuo Ueda, the governor of the Bank of Japan (BoJ) has backed the emergence of a national CBDC saying that it could facilitate faster payments of bigger denominations among noting other potential benefits.
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eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
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RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report
The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.
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Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen
The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including the business and technological features of...
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Coinbase to Ramp Up Web3 Initiatives in the UK as Japan, Dubai Race to Become Blockchain Hubs
Coinbase will be ramping up Web3 initiatives in the UK in the coming days. A total of nine steps have been listed by Coinbase on how more Web3 initiatives could decide UK as the epicentre of their activities. These steps include having British banks collaborate with crypto projects and making blockchain a part of government activities.
-
Japan's Unemployment Rate Edges Up To Highest In Over A Year
Japan's jobless rate rose to its highest in over a year, signaling a slight loosening of the labor market as speculation swirls over a Bank of Japan rate hike in the near term.
-
World Bank Data On India And Pakistan Shows Massive Contrast Over Poverty
Latest data released by the World Bank shows the tale of two countries - India and Pakistan - and their journey to battle poverty - a colonial inheritance.
-
Inflation Returns To Japan, Rice Prices Soar By 98%
Japan's core inflation rate accelerated in April to 3.5 percent as rice prices almost doubled year-on-year, official data showed Friday.
-
Japanese Bank Employees Vow In Blood Against Embezzlement
A bank in Japan has implemented an extraordinary policy where employees have signed a pledge in blood, promising to take their lives if found guilty of embezzling funds
-
Vietnam Debuts Academy of Blockchain, AI with Plans to Train a Million People in Emerging Tech
The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...
-
CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
Kazuo Ueda, the governor of the Bank of Japan (BoJ) has backed the emergence of a national CBDC saying that it could facilitate faster payments of bigger denominations among noting other potential benefits.
-
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
-
RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report
The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.
-
Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen
The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including the business and technological features of...
-
Coinbase to Ramp Up Web3 Initiatives in the UK as Japan, Dubai Race to Become Blockchain Hubs
Coinbase will be ramping up Web3 initiatives in the UK in the coming days. A total of nine steps have been listed by Coinbase on how more Web3 initiatives could decide UK as the epicentre of their activities. These steps include having British banks collaborate with crypto projects and making blockchain a part of government activities.
