That said, the metaverse is also a tremendous opportunity to blockchain and cryptoassets to move to the mainstream; let’s dive in. The promise of the metaverse is that it will provide users an ... ( read original story ...)
SoftBank Vision Fund posts a record loss on Coupang plunge
TOKYO: SoftBank Group Corp reported a record loss at its Vision Fund unit as the value of public holdings like Coupang Inc and Didi Global Inc plunged. ( read original story ...)
Japan, once a leader on climate, under fire for coal use at COP26
More than 20 countries agreed to phase out coal power at the U.N. climate talks in Glasgow, but not Japan - a "leap backwards" for a country that once led the way on the Kyoto Protocol to reduce ... ( read original story ...)
Japan Has Y1,033.7 Billion Current Account Surplus In September
Japan posted a current account surplus of 1,033.7 billion yen in September, the Ministry of Finance said on Tuesday. That missed ... ( read original story ...)
Game on: Nintendo announces new Osaka store opening in 2022
Kyoto-based gaming giant Nintendo Co. announced on Nov. 5 that it will open another of its directly managed Nintendo stores in the city of Os･･･ ... ( read original story ...)
Tokyo hotel offers special ‘quarantine package’
Many hotels in Japan are struggling with low customer numbers due to the coronavirus pandemic. But that could change, now that the self-quarantine period for international business travelers has been ... ( read original story ...)
Tokyo stocks flat in morning on Wall St. record high, stronger yen
Tokyo stocks were flat Tuesday morning, despite record highs on Wall Street as sentiment was hurt by the yen strengthening against the U.S. dollar. The 225-issue Nikkei Stock Average rose 29.12 points ... ( read original story ...)
Tokyo Fire Dept. urges caution as fires caused by lithium-ion batteries surge
The Japanese capital has seen dozens of fires this year caused by lithium-ion batteries in cellphones and other devices, prompting the Tokyo ... ( read original story ...)
Japan PM Kishida says he hopes to compile stimulus package on Nov 19 -Kyodo
Japanese Prime Minister Fumio Kishida said he wants to compile an economic stimulus package on Nov. 19 and an extra budget to fund the spending by the end of this month, Kyodo news agency reported on ... ( read original story ...)
Report: Japan’s Toshiba to split business into three
Toshiba plans to split into three companies as early as 2023, aiming to make the performance and growth strategy of each sector clearer, the Nikkei business daily reported Tuesday. The Japanese firm ... ( read original story ...)
SoftBank Shares Soar on Plans for Buyback of Up To $9 Billion
SoftBank Group Corp. shares surged as much as 10% after the company said it would buy back as much as 1 trillion yen ($8.8 billion) of its own stock, reverting to a strategy that founder Masayoshi Son ... ( read original story ...)
Japan Overall Bank Lending Climbs 0.9% On Year In October
The value of overall bank lending in Japan was up 0.9 percent on year in October, the Bank of Japan said on Tuesday - coming in at ... ( read original story ...)
Japan’s September real wages fell for first time in 3 months as inflation bites
TOKYO: Japan's real wages declined in September for the first time in three months as inflation picked up faster than growth in nominal pay, the government said, a sign of global cost-push inflation ... ( read original story ...)
WTA Finals 2021: Why isn’t Naomi Osaka playing in Guadalajara?
While she has been one of the best tennis players from the last five years, it’s safe to say that 2021 hasn’t been exactly an easy year for Naomi Osaka. The four-time Grand Slam champion won’t be ... ( read original story ...)
Tokyo stocks open in positive on record Wall St. highs, earnings
Tokyo stocks opened higher Tuesday, tracking overnight record levels on Wall Street, as positive earnings from some Japanese companies helped support the market. In the first 15 minutes of trading, ... ( read original story ...)
Why Tokyo’s retail property market is still mired in uncertainty
The slight increase in rents was only due to listings of previously unavailable prime locations. Tokyo’s retail market has continued to suffer from the dragging pandemic up until the second half of ... ( read original story ...)