STORY: If you’ve invested in crypto how devastating is a crash?21-year-old Halil Ibrahim Gocer from Ankara in Turkey put almost all of his savings into crypto holdings, 60% of which is now gone. ( read original story ...)
Crypto ‘structural flaws’ shows it is unfit as money, warns world banking association
Crypto provides promising technological possibilities but cannot fulfil the requirements of a digital monetary system. ( read original story ...)
Three Leadership And Entrepreneurial Lessons From The Crypto Crash
Cryptocurrencies have crashed. What can leaders and entrepreneurs in that field and beyond learn from this downturn? Confidence, learning from failure and resilience will be crucial skills in a new ... ( read original story ...)
Yen Remains Under Heavy Pressure As Bank Of Japan Sticks By Its Dovish Policies
The BoJ’s dovish policies are out of sync with global trends, but they left policy unchanged at last week’s meeting. Maintaining the 0-0.25% target range for 10-year bonds is taking more and more ... ( read original story ...)
NRI Deploys Second OCI Dedicated Region to Run Key Financial Services on a Highly Available, Secure Cloud Platform
Oracle today announced that Nomura Research Institute (NRI) has implemented a second OCI Dedicated Region at its Osaka data center, following the successful adoption at its Tokyo data center. Running ... ( read original story ...)
Tokyo 2020 cost $10.45bn, say organisers
The Tokyo Organising Committee of the Olympic and Paralympic Games (OCOG) has confirmed the staging of last year’s postponed events cost JPY 1.423.8tn (€9.91bn/$10.45bn), nearly double the ... ( read original story ...)
The Sandbox’s US CEO explains his vision for the metaverse platform and why people are still flocking to web3 during the crypto winter
"We want to be the Manhattan of the metaverse, a concentration of exciting brands and artists — but our vision isn't to replace reality." ... ( read original story ...)
Crypto fears now materialising, central bank body BIS says
Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. ( read original story ...)
Japan’s central bank stands firm as yen plummets in value
The decade of currency stability has come to an end with the rising cost of necessities and dear luxuries. But the central bank seems to be determined to keep its weak yen policy. ( read original story ...)
Japan PM Kishida Says No Numerical Targets for Defense Spending
In the face of Russia’s invasion of Ukraine and an increasingly tense situation in Asia with missile tests from North Korea and a more assertive China, Fumio Kishida has vowed to strengthen defense fu ... ( read original story ...)
Magnitude 6 earthquake strikes Japan’s Bonin Islands
Japan forecast a slight change in sea level on Tuesday after a magnitude 6 earthquake struck the Bonin Islands, far to the southeast of the country's main islands.The quake was at a depth of 40 km (25 ... ( read original story ...)
Nick Kyrgios becomes first client at Naomi Osaka’s Evolve agency
Nick Kyrgios becomes newly launched agency's first client, with Stuart Duguid to represent Australian tennis star. ( read original story ...)
A Japanese telecommunications giant is rolling out a plan to reimburse commutes for 30,000 employees — including plane rides to the office
NTT's flexible work program is aimed at attracting and retaining talents amid a labor crunch in Japan. ( read original story ...)
Japan PM Kishida says no numerical targets for defence spending
Japanese Prime Minister Fumio Kishida, who has vowed to substantially increase his nation's defence spending, said on Tuesday there are no numerical targets for the outlay. ( read original story ...)
Japan to fine tech giants not registered in the country
Japanese Justice Minister Yoshihisa Furukawa said Tuesday that foreign technology giants that have not registered their foreign global headquarters in the country as required by Japanese law will be ... ( read original story ...)
Fujitsu and Salesforce Japan start collaboration on healthcare solutions for the Japan market
Fujitsu and Salesforce Japan Co., Ltd. (hereinafter Salesforce Japan) today announced the start of a collaboration to create new digital solutions for the healthcare sector in the Japan market. The ... ( read original story ...)