Japan Airlines Co. plans to raise about 300 billion yen ($2.7 billion) via subordinated bonds and loans to shore up its capital in case the coronavirus pandemic hurts travel demand longer than it ... ( read original story ...)
Japan could elect its first female prime minister after Yoshihide Suga steps down
Sanae Takaichi could become the first female Japanese prime minister, although she’s unlikely to run a progressive administration. ( read original story ...)
H2O Hospitality Raises $30 Million for Lodging Tech: Travel Startup Funding This Week
H2O Hospitality, a startup that manages travel accommodation on behalf of owners, has raised $30 million. Plus more startup news. ( read original story ...)
Inside the cult of crypto
The protean crypto subculture welcomed debate and criticism, DeRose told the FT last month. Although it had a mysterious creator-messiah in whoever was hiding behind the moniker “Satoshi Nakamoto”, it ... ( read original story ...)
The U.S. should work on developing a clear crypto regulatory framework, says SEC commissioner
Hester Peirce, U.S. commissioner on the Securities and Exchange Commission, says the current cryptocurrency regulation laws in the country are unclear, and having a clear regulatory framework will ... ( read original story ...)
Japan’s Topix hits highest since 1990 on hopes of new govt, better earnings
Japan's Nikkei hit a six-month high on Friday and the broader Topix index touched its best level since 1990, extending their bull run since the end of August on hopes for a new government and further ... ( read original story ...)
Yokohama, led by new mayor, withdraws bid to host casino resort
The new mayor of Yokohama on Friday announced the withdrawal of the city’s bid to host a casino resort, citing local concerns about gambling addiction and impacts on public safety. Takeharu Yamanaka, ... ( read original story ...)
Japan’s exports seen surging in August, wholesale prices staying high – Reuters poll
Japan's exports likely surged for the sixth straight month in August thanks to strong global demand for machinery goods and a flattering comparison with last year's pandemic-induced slump, a Reuters ... ( read original story ...)
Rebellious Tokyo bars flout virus measure requests
Bars and eateries account for about 17% of Japan’s COVID-19-related bankruptcies, the most among any industry group, research shows. ( read original story ...)
Booze ban, coronavirus curfew flouted by rebellious Tokyo bars
Bars and restaurants that have borne the brunt of curfews say they can no longer afford to comply with restrictions.. Read more at straitstimes.com. ( read original story ...)
Yokohama withdraws bid to host casino resort due to local concerns
The new mayor of Yokohama near Tokyo announced Friday the city's withdrawal of its bid to host a casino resort, due to local concerns about gambling addiction and the deterioration of public safety. ( read original story ...)
Japan Airlines finalises $2.7 billion raising to position for post-COVID-19 era
It will raise 200 billion yen from hybrid loans and 100 billion from subordinated bonds, the airline said in a statement to the stock exchange. JAL had announced initial plans for the raising on ... ( read original story ...)
No place in Japan for ‘modern monetary theory’, says Finance Minister Aso
Japan must not make its public finances a target of experiment for lax financial management such as through "modern monetary theory", Finance Minister Taro Aso said on Friday.Aso made the comment at a ... ( read original story ...)
Stocks Jump on Japan, China Tech; Treasuries Dip: Markets Wrap
Asian stocks rose Friday as Chinese technology shares rebounded and Japan resumed a rally, bringing some relief from a bout of weakness in global equities this week.Shares climbed more than 1% in ... ( read original story ...)
Moderate earthquake of magnitude 4.7 just reported 93 km southeast of Okinawa, Japan
A shallow magnitude 4.7 earthquake was reported in the morning near Okinawa, Okinawa Shi, Japan. According to the European-Mediterranean Seismological Centre (EMSC), the quake hit ... ( read original story ...)
Netflix Sets up Anime Creators’ Lounge in Tokyo (EXCLUSIVE)
Netflix has launched an anime creators’ lounge in Tokyo that it hopes will add to the professional tools of animation designers and writers. The move was revealed by Sakurai Taiki, Netflix chief ... ( read original story ...)