Tokyo aims to deepen its ties with the City of London by promoting financial collaboration and exchanging information, while promoting the push towards sustainable finance, Governor Yuriko Koike said ... ( read original story ...)
Japan’s Kirin exits Myanmar business with military-linked partner
TOKYO: Japanese drinks company Kirin Holdings will sell its Myanmar business to its military-linked local partner, it said on Thursday (Jun 30), exiting the Southeast Asian country more than a year ... ( read original story ...)
Lenskart acquires majority stake in Japan’s Owndays, becomes Asia’s largest Omnichannel retailer
The company said it will expand the food chain across India with the help of this long-term master franchise partnership, starting with the country's cities . ( read original story ...)
Japan’s Wowow to Produce Live-Action Spinoff of Classic Anime Series ‘Yatterman’ (Exclusive)
The show will explore the origins of the iconic female villain Doronjo, with popular Japanese actress Elaiza Ikeda set to star. ( read original story ...)
Crypto Crisis: More Bad News For a Failing Hedge Fund
Three Arrows Capital (3AC) has become the first big domino to fall in the current crisis of confidence affecting the crypto industry. ( read original story ...)
Crypto exchange CoinFlex says it needs more time to restart withdrawals as it scrambles to fix a $47 million bad debt
CoinFlex halted withdrawals while it searches for a solution to the $47 million bad debt, which the crypto exchange claims is down to "bitcoin Jesus" Roger Ver. ( read original story ...)
Crypto rules to make Europe a global leader as prices plunge
Europe is preparing to take the global lead in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for ti ... ( read original story ...)
The Crypto Crash Was Caused by Fraudsters—and Regulators | Opinion
Policymakers should use the time afforded by the crash both to prosecute fraudsters and to implement a regulatory regime that fuels responsible innovation. ( read original story ...)
Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market
The risk asset sell-off and the liquidation of troubled hedge fund Three Arrows Capital helped drive bitcoin briefly below $19,000 as crypto losses deepened. ( read original story ...)
DeFi Is the Wild West of Banking and Investing. Here’s What Crypto Investors Should Know
DeFi, or “decentralized finance,” is the unregulated “wild west” counterpart to the traditional financial system. Here’s what crypto investors should know. ( read original story ...)
Crypto’s Tumultuous Second Quarter Leaves Investors Asking: What Else Could Go Wrong?
The crypto market lost more than half its value in the latest period. ( read original story ...)
Basel revises bank crypto capital plan to include blockchain
Banks should take a conservative approach to setting aside capital to cover risks from "unbacked" crypto assets on their books, the global Basel Committee of banking regulators said in proposals on ... ( read original story ...)
Businesses eye biofuels in decarbonization drive
TOKYO >> Efforts to reuse cooking oil and food waste as biofuel are spreading among restaurant chains and food manufacturers. In addition to being an effective way to recycle kitchen waste, the work ... ( read original story ...)
Japan teachers struggle to get kids to take off masks even as temps hit dangerous levels
As record-setting summer heat engulfs the Japanese archipelago, and the coronavirus pandemic continues to roll on, schools across the country are divi ... ( read original story ...)
Japan’s June Flames Out With Record Heat, but Power Crunch Averted
Japan's electricity grid creaked on Thursday under the strain of Tokyo's hottest June since records began, but a power crunch that could have deprived tens of millions of electricity was narrowly ... ( read original story ...)
European Union inks deal on crypto transfer tracing rules
The European Union has agreed on new rules subjecting cryptocurrency transfers to the same money-laundering rules as traditional banking transfers. EU negotiators signed a provisional agreement late ... ( read original story ...)