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Asia

Kishida removes the Minister of Reconstruction

Japan's Prime Minister, Fumio Kishida, announced on Tuesday the removal and dismissal of Reconstruction Minister Kenya Akiba, who has been embroiled in a financing scandal, thus becoming the fourth cabinet member to leave his post. in the…

China’s GDP grew by 3.9 %

China's Gross Domestic Product (GDP) registered a growth of 3.9 % in the third quarter compared to the same period of the previous year, as well as in relation to the second quarter of the year, according to data published by the National…

Hong Kong presented its CBDC prototype

The authorities of Hong Kong, China, presented the prototype of what will be its digital currency issued by the central bank (CBDC). This project is called "Project Aurum", which includes a two-tier platform with a wholesale interbank and…

The yen continues to slide

The exchange rate of the yen against the dollar fell this Friday to its lowest level in the last 32 years due to the prospect that the United States Federal Reserve (Fed) will continue to increase interest rates, which fuels speculation on…

China postponed publication of its GDP

The National Statistics Office of China confirmed that it postponed the publication of the figures of the Gross Domestic Product (GDP) of the Asian giant corresponding to the third quarter of the year, scheduled for this Tuesday, coinciding…

Japan creates reward system with NFT

Japan recently became one of the first countries to implement the use of non-fungible tokens (NFT) to reward the work of the authorities of that country. Mainly, authorities who have used technology to solve local problems will be…

The Bank of Thailand will work on tests with CBDC

The Bank of Thailand (BOT) announced that it will soon take the development of its own CBDC to the pilot stage, which is scheduled to start at the end of 2022. As detailed by the financial institution, the real application of this will…

Former Prime Minister of Japan passed away

Former Japanese Prime Minister Shinzo Abe died this Friday after being attacked during a campaign rally in the town of Nara, located in the southwest of the country, sources from his party, the Liberal Democratic Party (PLD), confirmed.…