Seijiro Takeshita, dean of the Graduate School of Management at the University of Shizuoka, says weakness in the Japanese economy means that the Bank of Japan’s historic interest rate will not usher in a new era of higher rates.
Pekka Lundmark, CEO of Nokia, discusses the role of artificial intelligence in telecommunications and Europe’s digital infrastructure at the Mobile World Congress.
Nintendo raised its forecast for sales of its flagship Switch console from 15 million units to 15.5 million units for its fiscal year ending in March. Interest in the Switch remains high thanks to the “Super Mario Bros. Movie” and the flagship Zelda game last year, CNBC’s Arjun Kharpal reports.
The U.S. Securities and Exchange Commission has approved the long-awaited bitcoin exchange-traded fund. Investors are now turning their attention to whether an ether ETF might be next, even as SEC Chair Gary Gensler warns that bitcoin remains a “speculative” asset. CNBC’s Arjun Kharpal looks at what’s next for cryptocurrencies.
Bitcoin has continued its 2023 rally at the start of the new year. There are two factors behind it — hope the U.S. Securities and Exchange Commission could approve a bitcoin ETF and a technical event called the “halving.” CNBC’s Arjun Kharpal reports.