The Bank of Japan is unlikely to intervene and stop the yen's decline. Here are three reasons why the yen's slide will continue. ( read original story ...)
United announces flights between Nagoya and Fukuoka will resume following pandemic-caused pause
United Airlines is relaunching the Nagoya-Guam and Fukuoka-Guam nonstop services in August. This follows other announcements expanding the airline’s non- stop service and capacity between Japan and ... ( read original story ...)
Tokyo 2020 final cost of JP¥1.4tn more than double original estimate
Tokyo 2020 originally projected to cost US$7.3bn at the time Organisers say Games’ final outlay was US$213m less than December 2021 prediction The organising committee of the Tokyo 2020 Olympics has ... ( read original story ...)
Tencent to open third data centre in Japan
Tencent Holdings is planning to open a third data centre in Japan, after entering the country’s cloud market in 2019. The Chinese technology giant’s Japanese business has posted triple-digit annual ... ( read original story ...)
Tokyo 2020 Olympic Games’ eye-watering final bill revealed
The Tokyo 2020 Olympics, held in 2021 after being postponed for a year due to the coronavirus pandemic, cost 1.42 trillion yen (£8.5bn), nearly double the figure quoted in the city’s bid for the Games ... ( read original story ...)
Tokyo reports 2,329 new cases of coronavirus
The Tokyo Metropolitan Government reported 2,329 new cases of the coronavirus in the capital on Wednesday. The figure is up 314 from a week ago, for a fifth straight day of week-on-week increase. The ... ( read original story ...)
Crypto downturn fuels questions over industry’s future
The market value of most cryptocurrencies has plummeted over the last few months, leaving investors reeling. The steep fall amid a wider market dip poses risks for the future of crypto assets and ... ( read original story ...)
Crypto winter is coming, with companies announcing more than 1,700 layoffs so far in June alone
Last year, when the cryptocurrency market boomed, some crypto exchanges shelled out millions to expand their market share. ( read original story ...)
The Fire Burning Beneath Crypto’s Meltdown
Are bitcoin and other crypto tokens crashing because of the usual excesses that accompany advances in finance? Or do they have the sort of fundamental flaws that will see them as historical relics? ( read original story ...)
Crypto giant Tether to launch sterling-pegged stablecoin
Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital ... ( read original story ...)
Japan’s Nikkei falls on recession worries; U.S. stock futures drag
Most other Asian equity markets fell, including a 1.45% decline for Hong Kong's Hang Seng and a 0.51% slide for mainland Chinese blue chips.The Nikkei share average fell 0.37% to 26,149.55, after ... ( read original story ...)
2,329 new COVID-19 cases recorded in Tokyo on June 22
TOKYO -- The Japanese capital registered 2,329 coronavirus infections on June 22 after marking 1,963 cases the previous day, the Tokyo Metropolitan Government announced. One COVID-19 death was ... ( read original story ...)
Olympics: Delayed Tokyo 2020 Games cost double original estimate
The final price tag for last year's Tokyo Olympics was more than double the city's original 2013 estimate after a one-year coronavirus postponement added to the already hefty bill. ( read original story ...)
Japan tracks eight Russian and Chinese warships near its territory
At least eight Russian and Chinese warships have been spotted in the seas near Japan this week, another sign of the apparent pressure the two partners have been putting on Tokyo as relations ... ( read original story ...)
Japan’s top court clears government of liability for Fukushima disaster
Japan's highest court on 17 June dismissed claims that the government should pay damages in cases involving some 3,700 people seriously affected by the 2011 Fukushima nuclear disaster triggered by the ... ( read original story ...)
Crisis-hit Sri Lanka plans donor conference with China, India and Japan
Sri Lanka will call China, India and Japan to a donor conference to drum up more foreign assistance to find a way out of its worsening economic crisis, the prime minister said on Wednesday, amid ... ( read original story ...)