The Nikkei 225, Hang Seng, DAX index have retreated in early trading as traders as profit-taking resumes. Bitcoin and Ethereum prices have bounced back. ( read original story ...)
What Made Central Banks Rethink Their CBDC Strategy: Evidence From Bank Of Korea, Bank Of Japan And Reserve Bank Of Australia
Along with Financial Times Alphaville reporters, skeptics of blockchain and CBDC abound in central banks and among the long term denizens of investment banks. They can foretell the future. If someone ... ( read original story ...)
Life-size moving Gundam statue unveiled at Yokohama theme facility
An 18-meter "life-size" moving statue of Gundam was unveiled to the media Monday at a theme facility in Yokohama based on the giant robot featured in the Japanese science fiction animation series, ... ( read original story ...)
Tokyo Stock Exchange CEO to resign over October system failure: Nikkei
Tokyo Stock Exchange President and Chief Executive Officer Koichiro Miyahara has decided to resign over a system failure that caused an unprecedented all-day suspension on the bourse last month, the ... ( read original story ...)
Tokyo Stock Exchange CEO has reportedly resigned over recent system outage
The outage cast a shadow on the exchange's credibility and dented Tokyo's hopes of boosting the country's standing as a global financial center. ( read original story ...)
Cost of Tokyo Olympic delay put at about $2 billion
The cost of the one-year postponement of the Tokyo Olympics is estimated to be just under $2 billion. Japan’s Kyodo news agency and the Yomiuri newspaper both reported the figure Sunday, citing ... ( read original story ...)
Tokyo Games organizers reportedly estimate Covid countermeasures to cost $960 million
Japanese media had reported a day earlier that the total costs of delaying the Games for a year would run to 200 billion yen. ( read original story ...)
One Piece Statues Are Helping a Japanese City Heal From Earthquake Devastation
A series of One Piece statues are helping the Kumamoto Prefecture recover after the 2016 earthquakes. Earlier this week, a giant statue of "Iron Man" Franky was unveiled outside of Takamori Station in ... ( read original story ...)
Tokyo 2020 organisers estimate Games postponement cost $1.9 bln – media
This year's postponement of the Tokyo Olympics because of the novel coronavirus cost about 200 billion yen ($1.9 billion), organisers have estimated, the Yomiuri newspaper reported on Sunday, citing ... ( read original story ...)
Nikkei heads for biggest monthly gain in decades
Japan's benchmark Nikkei steadied on Monday, on course for its biggest monthly gain in decades, as optimism over progress in COVID-19 vaccine development and fading uncertainty surrounding the U.S. ( read original story ...)
Japan’s Aso asks banks to help as firms’ funding needs rise at year-end
Japanese Finance Minister Taro Aso on Monday urged public and private financial institutions to help ensure smooth corporate financing as funding needs rise towards the year-end. ( read original story ...)
Japan factory output grows for fifth month, retail sales surge
Japan's industrial output rose for the fifth straight month in October and retail sales in the same month grew the most in over a year, signalling the economy was recovering further from the damage ... ( read original story ...)
Japan’s Osaka inspires own manga character
Japan's three-time Grand Slam winner Naomi Osaka has inspired a new manga character to appear in an issue of Nakayoshi magazine next month, the publishers announced on Sunday. ( read original story ...)
Japan’s Factory Output Keeps Gaining Even as Virus Resurges
Japan’s industrial production maintained its pace in October even amid a resurgence of the coronavirus at home and abroad. ( read original story ...)
Key Japanese Lawmaker Says Third Extra Budget May Not Be Last
A key ruling party lawmaker said an extra budget being drafted now may not be the end of Japan’s stimulus spending this fiscal year given the uncertainty surrounding the spread of the coronavirus. ( read original story ...)
Crypto Long & Short: How Bitcoin Development Is Evolving – and What’s Behind It
Bitcoin price spikes grab headlines, but the asset's long-term value depends on its developers – and what drives them. ( read original story ...)