Shares in Japanese drugmaker Shionogi & Co Ltd rose nearly 3% by mid-morning on Tuesday after the Yomiuri newspaper said the country's regulatory agency had compiled a report confirming the possible ... ( read original story ...)
Japan finance minister calls for permanent funding sources for defense budget
Japan must secure permanent financing sources to increase defense spending by reviewing revenue and expenditure, and further reform spending in coming years, Finance Minister Shunichi Suzuki said on ... ( read original story ...)
Carlyle sees big in Japan auto industry as EV shift shakes supply chains
U.S. private equity firm Carlyle Group Inc aims to enlarge its footprint in the Japanese automotive sector as the global shift to electric vehicles (EVs) shakes the industry's supply chain, its ... ( read original story ...)
‘So expensive’: Japan consumers, businesses feel the pinch as higher inflation bites
Residents are cutting down expenses on food, travel and other items to cope with rising prices, survey shows Core consumer inflation hit 40-year high in October, accelerated by higher energy prices ... ( read original story ...)
GBP/JPY aims to test a two-week high around 169.00 as Japan considers Cabinet reshuffle
GBP/JPY is aiming to smash a two-week high around 169.00 as the risk-off profile is losing traction. UK’s novel leadership is being criticized for ignoring economic prospects. Japan’s Kishida is ... ( read original story ...)
Crypto firm Genesis says it has ‘no plans to file bankruptcy imminently’
Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t.
FTX’s downfall and crypto’s Bitcoin betrayal
Bitcoin was a genuine technological innovation. But tthe crypto industry has become filled with scams, Ponzi schemes and bad actors.
‘Crypto Is Here To Stay’ Says Billionaire Hedge Fund Manager Ackman
Bill Ackman, the billionaire CEO of Pershing Square Capital Management, claims he’s had a change of heart regarding crypto and now believes digital assets are here to stay. “I was initially a crypto ...
Asia-Pacific markets set to rise as positive sentiment grows
Shares in the Asia-Pacific were set to rise on Tuesday as positive sentiment grows. The Nikkei futures contract in Chicago was at 28,050 while its counterpart in Osaka was at 28,040. That compared ...
A big milestone in Utah’s bid for another Olympics will only last 50 minutes. See what’s happening here
Utah’s bid for another Olympics is shifting into high gear. A delegation that includes Gov. Spencer Cox, Salt Lake City Mayor Erin Mendenhall and Olympic skier Lindsey Vonn will make a case for ... ( read original story ...)
Magnitude 5.6 earthquake leaves at least 162 dead in Indonesia
At least 162 people have died after a 5.6-magnitude earthquake hit Indonesia's West Java province on Monday, according to the country's National Agency for Disaster Management (BNPB). ( read original story ...)
Trial of English-speaking test for Tokyo high schools raises eyebrows
A private-sector English-speaking test will be introduced at the Tokyo metropolitan high school entrance exam for the first time in J ... ( read original story ...)
Here’s why celebrity-endorsed crypto giant FTX is surrounded by scandal
From bankruptcy filing to a class action lawsuit, here's what we know about the controversy surrounding crypto giant FTX.
Coinbase Hits Record Low as Crypto Contagion Anxiety Intensifies
Coinbase Global Inc. shares hit an all-time low amid rising investor skittishness over how far the fallout from rival exchange FTX’s insolvency might spread.
Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled across the industry and significantly ...
FTX Latest: CFTC Chief to Testify at Senate; Crypto Market Sinks
Commodity Futures Trading Commission Chairman Rostin Behnam will testify at a Senate Agriculture Committee hearing on Dec. 1 about the collapse of crypto exchange FTX, the committee said in an ...