The Tokyo Financial Exchange, one of Japan’s leading financial exchanges, has announced that they will begin preparations for Bitcoin futures offerings at the beginning of 2018. The company boasts some high value trading partners like JP Morgan Chase and ... ( read original story ...)
London tutoring Tokyo on finance? Gov. Koike in ‘love’ with the idea
TOKYO -- As Brexit looms and the world looks to Frankfurt as the financial center of Europe, Tokyo looks the other way, tapping the City of London as its partner in its quest to become a hub of international finance. Has Tokyo chosen the right city as its ... ( read original story ...)
Mayer Brown to Open Office in Tokyo
He had been at Ashurst since 1998, but stepped down as head of the firm's Tokyo base this June after two years in the role. He was replaced by finance partner Dominic Gregory. His move marks the latest in a spate of departures from Ashurst. In November ... ( read original story ...)
Tokyo Financial Exchange Planning Bitcoin Futures Launch
A futures exchange in Tokyo is reportedly taking the first steps toward launching bitcoin-related products. Bloomberg News said earlier today that Tokyo Financial Exchange has formed a working group as part of an early effort to start listing futures ... ( read original story ...)
Tokyo stocks open slightly lower after Fed outlook
Tokyo stocks opened slightly lower on Thursday as investors digested the US Federal Reserve's announcement that it would lift interest rates while maintaining its outlook for further hikes next year. At the open, the benchmark Nikkei 225 index edged down 0 ... ( read original story ...)
Colt cuts Tokyo-London latency to 159ms after €200m upgrade
Colt has “substantially reduced” the latency between the Tokyo and London financial centres to less than 159 milliseconds, the company announced today. This reduction is part of the company’s continuing investment in its Colt IQ Network, which has ... ( read original story ...)
How 15x Leverage At Tokyo Bitcoin Exchange Could Spread Contagion
That’s because one huge Tokyo-based BTC exchange is letting people borrow up to 15 times their cash balances to purchase the crypto-currency. The exchange in question is called bitFlyer. According to a Financial Times interview with its CEO Yuzo Kano ... ( read original story ...)
Mayer Brown to open Tokyo office in 2018
Law firm Mayer Brown has announced that it will open a Tokyo office in the first half of 2018. The office will be led by Rupert Burrows, a corporate and project finance lawyer, who joins the firm from Ashurst. Burrows has more than 20 years’ experience ... ( read original story ...)
Tokyo Death Party: Dying Japanese Businessman Throws End Of Life Celebration
Monday night the businessman had a party with around 1,000 friends, family members, business partners and former employees ... For the party, Anzaki rented out a venue at a Tokyo hotel and decorated it with memories of his life. He also had dancers ... ( read original story ...)
Tokyo stocks close lower ahead of Fed decision
TOKYO: Tokyo stocks closed lower on Wednesday ahead of a rate ... This paves the way for the embattled conglomerate to sell its chip business to raise much-needed cash. Some semiconductor-linked firms were lower following a weak reading in the US chip ... ( read original story ...)
Tokyo 2020 to organize innovative and engaging Games
During its fifth visit to Tokyo (11-13 December), the International Olympic Committee (IOC)’s Coordination Commission heard updates from the Tokyo 2020 Organising Committee on their plans to make their Olympic Games the most innovative and engaging Games ... ( read original story ...)
Japan’s Ultra-Low Rates Could Hurt Banks’ Business, Economists Say: Reuters Poll
TOKYO (Reuters) - Economists fear that the Bank of Japan's ultra-low interest rates could hurt banks' ability to do business if they are kept too long, a Reuters poll found on Wednesday. BOJ Governor Haruhiko Kuroda flagged this possibility when he ... ( read original story ...)
Japan rattled by 83 North Korean ‘ghost ship’ arrivals
TOKYO -- With a record number of wooden boats drifting into coastal areas, the Japanese government is bolstering patrols and other measures to better respond to what are believed to be illegal fishing vessels from North Korea. A total of 83 such vessels ... ( read original story ...)
Japan to cut new government bond issuance for 8th straight year – Nikkei
TOKYO (Reuters) - Japan’s government is expected to cut new bond issuance for fiscal 2018 from the previous year thanks to economic recovery pushing up tax revenues, the Nikkei newspaper reported on Thursday. Total new bond issuance will likely fall by ... ( read original story ...)
Bosses in Japan eager to invest in workers, but not through higher pay
TOKYO -- With staff getting harder to come by, nearly 60% of top executives at major Japanese companies are inclined to invest more in training and educating personnel in fiscal 2018, according to a Nikkei Inc. survey. Yet despite the widespread sense that ... ( read original story ...)
14 Incredible Photos From Japan’s Sapporo Snow Festival
The Sapporo Snow Festival is a wintery white paradise where castles, celebrities, and the nation’s favorite anime characters are brought to life in ice and snow. For a week every February, the city of Sapporo on Japan’s northernmost island of Hokkaido ... ( read original story ...)