The post Japan wholesale inflation jumps to 4.9% as import costs surge appeared on BitcoinEthereumNews.com.
According to a Bank of Japan (BOJ) report issued Friday May 15, Japan’s wholesale prices jumped 4.9% year-on-year in April. This number exceeds the 3.0% gain economists had forecast and nearly doubled March’s revised 2.9%, as the Iran conflict drove a sharp rise in oil and petrochemical import costs, Reuters reported. The corporate goods price index (CGPI), which tracks what companies charge each other for goods, caught markets off guard. But beyond the headlines, yen-denominated import prices were even more revealing. Import prices rose 17.5% in April from a year earlier, nearly double its pace in March at 8.0%. The cause: The war in Iran and the closed Strait of Hormuz. The resulting effect has seen crude prices spike, the dollar trading higher against the yen, driving up costs for Japan’s fuel-dependent economy. Japanese manufacturers and retailers are passing cost increases t
The post Binance Charity Flood Relief in Japan: A Model for Impact appeared on BitcoinEthereumNews.com.
Alvin Lang
May 14, 2026 10:40
Binance Charity’s 2018 Japan flood relief efforts raised $1.41M in crypto, setting a standard for disaster response via blockchain donations.
Binance Charity’s 2018 flood relief efforts in Japan remain a standout example of how cryptocurrency can support disaster response, raising $1.41 million in ERC-20 tokens to aid communities devastated by historic floods. This initiative, which distributed 63.03 BTC and 169.85 ETH (then valued at approximately $505,545) to local NGOs, not only provided immediate relief but also showcased the efficiency and transparency of blockchain-based philanthropy. The West Japan floods of late June to mid-July 2018 left 225 dead and displaced millions, marking one of the most severe natural disasters in modern Japanese history. Binance Charity’s response was swift, utilizing crypto to bypass traditional donati
The post Japan’s Katayama says will act flexibly to safeguard people’s livelihood appeared on BitcoinEthereumNews.com.
Japan’s Finance Minister Satsuki Katayama said that she will attend the G7 meeting in France from May 17, Reuters reported on Friday. Katayama further stated that Japan will take a flexible approach to protecting household livelihoods as energy import costs continue to climb in the wake of Middle East supply disruptions. Key quotes Plans to visit France from May 17 for G7 finance ministers meeting. Will monitor impact of energy import costs on electricity for now. Has 1 trillion yen in reserve for fiscal 2026 budget, no urgent need for additional budget. Will act flexibly to safeguard people’s livelihood. Bond yields are increasing worldwide, including UK and US, G7 talks likely to address issue. Market reaction As of writing, the USD/JPY pair is up 0.07% on the day at 158.48. Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s most traded currencies. I
The post Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed appeared on BitcoinEthereumNews.com.
Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time for the new Federal Reserve chair to take over. Speaking Thursday to CNBC, Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is “going to keep pumping” oil, easing the supply shock from the Iran war. “I firmly believe that nothing is more transient than a supply shock, and we can, we can look through that, because before the Iranian conflict began, core inflation was coming down,” Bessent told CNBC’s Joe Kernen from the sidelines of President Donald Trump’s summit with his Chinese counterpart, Xi Jinping. “So I think core inflation will continue coming down.” That hasn’t been the recent trend, however. Separate readings this week showed that consumer prices jumped 0.6% in April — and still rose 0.4% ev
The post Japanese Yen: Valuation risks and policy coordination – BNY appeared on BitcoinEthereumNews.com.
BNY’s Geoff Yu highlights that the Japanese Yen (JPY) remains significantly undervalued on a Real Effective Exchange Rate (REER) basis even as Euro (EUR) and US Dollar (USD) valuations have converged. He notes United States (US) –Japan coordination on exchange rates is already underway and argues Europe should be more proactive, as sustained JPY weakness poses greater competitive risks for Eurozone exporters than for the United States. JPY undervaluation and European risks “Based on the Bank for International Settlements’ (BIS) Real Effective Exchange Rate (REER) indices, measured by their change over the last five years, the dollar and euro have fully converged in valuation over the past six months. A range breakout would require a significant structural catalyst – the technology drivers behind “U.S. exceptionalism” or the “European strategic autonomy” theme on defense.” “Japan ha
The post Rising JGB Yields Bolster Case For Bank Of Japan Rate Hike, MUFG Says appeared on BitcoinEthereumNews.com.
Rising JGB Yields Bolster Case For Bank Of Japan Rate Hike, MUFG Says Skip to content
Home Forex News Rising JGB Yields Bolster Case for Bank of Japan Rate Hike, MUFG Says
Source: https://bitcoinworld.co.in/jgb-yields-boj-rate-hike-mufg/
The sharp move highlights ongoing instability in global currency markets as traders adjust positions amid shifting expectations around monetary policy divergence between the United States and Japan. The U.S. dollar briefly weakened against the Japanese yen on Wednesday, with USD/JPY…
The post BoJ’s Masu warns Iran war energy shock could hit Japan harder than 1973 oil crisis appeared on BitcoinEthereumNews.com.
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the impact of Iran war-driven energy shock on Japan’s economy may be more severe than 1973 oil crisis, risk requires attention. Key quotes Impact of Iran war-driven energy shock on Japan’s economy could be more serious than the first oil sock in 1973, a risk that warrants attention. Rising personnel expenses, distribution costs and impact of weak yen are elements forming basis for Japan’s inflation. From a long-term perspective, the price of food in general is a key determinant of future inflation. Given Japan is no longer in deflationary period, negative real rates should be addressed as soon as possible. With policy rate near estimated neutral level, BOJ must more closely assess prices, employment and financial conditions for further moves. Market reaction As of writing, the USD/JPY
