Core inflation in Tokyo increased by 2.4% in March, data showed on Friday, slowing slightly from the previous month's reading in a sign of easing pressure from rising raw material costs. The data suggest the Bank of Japan (BOJ) may be cautious in implementing further interest rate hikes, after ending an eight-year negative interest rate policy last week. The rise in the core consumer price index (CPI) in the Japanese capital, an early indicator of nationwide figures, matched a median market forecast and followed a 2.5% increase in February.
The crypto exchange co-founder was convicted last year of stealing $8bn from investors.
Korbin Albert apologized hours later.