The financial regulatory authority for Germany, BaFin, has toughened warnings about consumers potentially losing all their crypto investments, unlike holdings with regulated banks.
Tokyo stocks close lower on fresh inflation fears
Tokyo stocks closed lower today, extending US falls as concern grew that the Federal Reserve would stick to its rate-hike plans to combat inflation. ( read original story ...)
Samsung To Launch A Crypto Exchange In South Korea
Samsung Securities, Mirae Asset Securities and five other firms will be involved in the creation of a crypto exchange in South Korea.
Digital Comics Firm Kakao Piccoma Delays IPO, Aims to Keep $6 Billion Valuation – Report
Kakao Piccoma, a Japanese online animation firm, has reportedly pushed back its plans for a share listing on the Tokyo Stock Exchange, previously indicated for December this year. The company ...
Tokyo stocks end lower on weak auto issues, Wall St. decline
Tokyo stocks ended lower Tuesday as new data falsification by Toyota Motor Corp.'s truck making subsidiary led to selling in auto related issues, with overnight falls on Wall Street dragging overall ... ( read original story ...)
Tokyo Shares Open Lower After US Falls
Tokyo stocks opened lower Tuesday after jitters over the speed of rate hikes by the US Federal Reserve drove down Wall Street shares overnight. ( read original story ...)
Japan weighs lifting of pre-departure COVID tests for travellers – media
Japan may lift requirements for pre-departure COVID-19 tests for travellers entering the country, the Nikkei newspaper has reported. ( read original story ...)
Japan weighs relaxing border rules on COVID -media
Japan may lift requirements for pre-departure COVID-19 tests for travellers and raise daily caps on entrants, domestic media have reported. Japan has some of the strictest pandemic border measures ... ( read original story ...)
Japan may scrap COVID tests for travellers: Nikkei
East Asian country currently requires arrivals to produce a negative COVID test taken within 72 hours of departure. ( read original story ...)
Crypto trade growing in Asia, need regulatory frameworks to protect investors: IMF
Digitalization of the payment system can aid in the transition to the environmentally-conscious method of payments and also foster financial inclusion but at the same time crypto assets can pose risks ...
Japan’s finance ministry to seek US$195 billion for FY2023 debt servicing: Report
TOKYO: Japan's Ministry of Finance is set to request 26.9 trillion yen (US$195.5 billion) for debt servicing in the fiscal year beginning in April 2023, Yomiuri newspaper reported on Tuesday (Aug 23). ( read original story ...)
Japan’s Aug factory activity grows at slowest pace in 19 months – flash PMI
Japan's factory activity growth slowed to a 19-month low in August as output and new order declines deepened, amid growing pressure from persistent rises in raw material and energy costs and weakening ... ( read original story ...)
Why Fukuoka is set to be a promising logistics market in Japan
Rents in some areas in the city rose by over 30% since 2018. Fukuoka is Japan’s fourth largest city after Tokyo, Osaka and Nagoya. In Japan, where the population is ageing, JLL says Fukuoka is ... ( read original story ...)
Asia-Pacific markets set for lower open after Wall Street’s sharp declines
Futures in Asia-Pacific pointed to a lower open as major indexes on Wall Street fell sharply overnight. Japan's Nikkei futures contract in Chicago was at 28,485, while the contract in Osaka was at 28, ...
Popular Manga App Seeks 2023 IPO in Tokyo at $6 Billion Value
South Korean messaging giant Kakao Corp.’s manga business is pushing back plans to go public on the Tokyo Stock Exchange until next year, aiming for a valuation of $6 billion or more. Most Read from B ...
Japan Manufacturing PMI Slips To 51.0 In August – Jibun
The manufacturing sector in Japan continued to expand in August, albeit at a slower rate, the latest survey from Jibun Bank showed on ... ( read original story ...)