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BOJ’s Amamiya calls for more scrutiny in issuing digital currency
By Leika Kihara TOKYO (Reuters) – Central banks must get a better understanding of the benefits and risks of issuing their own digital currencies, and look at ways to mitigate any associated perils, Bank of Japan Deputy Governor Masayoshi Amamiya said on Thursday. By issuing their own digital currencies, central banks can act as a […]
German industry bloc says hard Brexit risk remains
BERLIN (Reuters) – The risk of a disorderly Brexit will remain even after Britain leaves the European Union (EU) this week, Germany’s powerful BDI industry association said on Tuesday, urging both sides to aim for a basic trade agreement by the end of the year. BDI Managing Director Joachim Lang said there were no reasons […]
OIO forces wealthy foreign investors to sell boutique Karaka Point Vineyard for huge loss
Wealthy foreign investors have been forced to offload a boutique vineyard and lodge at a huge loss after failing to meet strict Overseas Investment Office (OIO) rules. Chinese company Xindongyue Group NZ Ltd was granted consent to purchase Karaka Point Vineyard and Lodge for $2.99 million in 2014. It promised to grow production and export […]