Tokyo stocks opened higher on Monday as investor focus began shifting to Japanese corporate earnings due in coming days. The benchmark Nikkei 225 index edged up 0.30 percent, or 70.99 points, to 23,702.87 in early trade while the broader Topix index was up ... ( read original story ...)
Tokyo’s internet cafe ‘refugees’ number 3,000, survey says
A Tokyo Metropolitan Government survey released last week shows that there are an estimated 3,000 “internet cafe refugees” who choose to spend their nights at such facilities because they don’t have a stable residence. The survey, conducted from ... ( read original story ...)
Japan’s cryptocurrency girl band stays loyal to virtual money after cyber heist
TOKYO (Reuters) - Members of a Japanese girl pop group, the Virtual Currency Girls, said on Monday they had refused an offer to be paid in yen and would stay loyal to cryptocurrencies despite a $530 million cyber heist jeopardizing their chances of getting ... ( read original story ...)
Japan has a new cryptocurrency-themed girl band
Each girl in the eight-strong group, who go by the name of Virtual Currency Girls – or Kasotsuka Shojo in Japanese – wears a furry mask to represent a different currency, such as Bitcoin, Ethereum and Ripple. The band held their first concert in ... ( read original story ...)
Japanese exchange to refund customers £300m after huge cryptocurrency heist
A leading Japanese cryptocurrency exchange has agreed to refund customers hit by one of the world’s biggest heists. Coincheck has promised to use its own funds to reimburse more than 46bn yen (£300m) to customers caught up in the theft on Friday. ( read original story ...)
Japan Exchange struggles to compete with global rivals
Fewer than 10 foreign companies are listed on the bourse today, and Japan Exchange's market capitalization is only about one quarter as large as its counterpart in Hong Kong. In the IPO market, the biggest prize on the horizon is the planned flotation of ... ( read original story ...)
Japan’s Central Bank Sees No Need to Mint a Digital Currency
Bitcoin is being traded for speculation, BOJ’s Kawai says Cash is still king in Japan, and that means that the central bank doesn’t see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan. ( read original story ...)
BANK OF JAPAN : DBRS Confirms Japan at A, Trend Changed to Positive
DBRS Inc. has confirmed Japan's Long-Term Foreign and Local Currency - Issuer Ratings at A. The Short-Term Foreign and Local Currency - Issuer Ratings have been confirmed at R-1 (low). The trend on all ratings has been changed to Positive from Stable. ( read original story ...)
Hacked Japan cryptocurrency platform hit with improvement order
Japan has taken a relatively light-touch approach to regulating ... Ceres, which invests in cryptocurrency companies, finished the morning up 5%. Nikkei Inc. group company QUICK holds an equity stake in bitFlyer. ( read original story ...)
Hacked Japanese cryptocurrency exchange faces action by watchdog
Japan has taken a relatively light-touch approach to regulating cryptocurrency activity compared with China, which has clamped down after an early surge in trading. Nikkei Inc. group company QUICK holds an equity stake in bitFlyer. ( read original story ...)
Japanese don’t need digital currency as they love cash, BOJ says
Cash is still king in Japan, and that means that the central bank doesn’t see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan. “We aren’t at the stage of considering issuing a digital ... ( read original story ...)
Yokohama Tire 24 Hours of Lemons Deal
In short, anything goes.(Photo: Yokohama) Yokohama Tire’s latest racing partnership has juice. The tire maker is now the official tire of the 24 Hours of Lemons, the madcap race series featuring cars that cost a whopping $500 or less (not including tires ... ( read original story ...)
Rakuten moves into property insurance with latest acquisition
TOKYO -- Japanese e-commerce group Rakuten will expand further into insurance by acquiring a Nomura-owned property insurer and using it as an outlet for new data-driven policies. Billionaire Hiroshi Mikitani's group plans to spend 40 billion yen to 50 ... ( read original story ...)
Osaka Women’s Marathon
Maeda, 21, won last year’s Hokkaido Marathon in 2:28:48. She made her debut in Osaka last year, finishing 12 th with 2:32:19. In December she improved her half marathon time by nearly two and a half minutes to 1:10:22; her goal for Sunday is to crack 2:26. ( read original story ...)
China and Japan still groping their way to rapprochement
BEIJING -- Sunday's meeting here between the Japanese and Chinese foreign ministers showed that while both sides talk about wanting better relations, each seems to be waiting for the other to make the first move, particularly on sensitive territorial matters. ( read original story ...)
Hacked Tokyo Digital currency Exchange to Repay Owners $425m
Tokyo-based cryptocurrency exchange Coincheck Inc said on Sunday ... Two sources with direct knowledge of the matter said Japan’s Financial Services Agency (FSA) sent a notice to the country’s roughly 30 firms that operate virtual currency exchanges ... ( read original story ...)