Japan’s Ministry of Finance is also looking for ways to counteract an expected drop in gasoline tax revenue and may introduce a tax based on driving distance.
Tokyo Court Orders ‘Fast Movies’ Pair to Pay $3.5 Million in Damages
The Tokyo District Court on Thursday ordered a pair convicted of uploading so-called ‘fast movies’ to YouTube without permission to pay JPY500 million ($3.5 million) to 13 film production companies. ( read original story ...)
Japan court shortens Abe murder suspect’s psychiatric evaluation – media
TOKYO (Reuters) - A Japan district court has decided to reduce the length of the psychiatric evaluation of the man suspected of shooting former Japanese Prime Minister Shinzo Abe, reversing an earlier ... ( read original story ...)
Treat investing in crypto like a trip to Las Vegas after FTX’s collapse, says billionaire investor David Rubenstein
Buying crypto is like going to a casino because investors are more likely than not to lose their money, according to billionaire investor David Rubenstein. The Carlyle Group founder said on Thursday ...
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
HONG KONG, Nov 18 (Reuters) - A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, and solvency issues at other ...
Japan’s inflation hits 40-year high
Price rises in Japan are driven by its weakened currency, the yen, but also rising costs of raw materials, energy and global supply constraints. It’s now the seventh straight month that nationwide ...
Japan inflation hits four-decade high in October
Japanese inflation hit a four-decade high last month, government data showed Friday, fuelled by high energy costs and a weak yen and ramping up pressure on the central bank to move away from its ultra ...
Japan’s overall consumer inflation ruses 3.7% in October
TOKYO — Japan’s overall consumer inflation rose 3.7% from a year earlier in October, exceeding the Bank of Japan’s 2% target for the seventh consecutive months, government data showed Friday. The pace ...
Japan’s inflation hits 40-year high as Bank of Japan sticks to easy policy
Japan's core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank shrugs off as it sticks to a policy of ultra-low ...
Japan’s Nikkei posts first weekly drop in four as growth shares drag
TOKYO, Nov 18 (Reuters) - Japan’s Nikkei share average closed lower on Friday ... The U.S. S&P 500 fell overnight as St. Louis Federal Reserve Bank President James Bullard said more interest rate ...
Wave of traffic accidents prompts police crackdown on outlaw Tokyo cyclists
TOKYO — The freewheeling days of bicycling on the streets and sidewalks of Japan’s capital city are apparently over. Tokyo Metropolitan Police, citing a rise in traffic accidents, announced a ... ( read original story ...)
Tokyo: Pyongyang has launched a ballistic missile that can hit the US
Today's headlines: a devastating fire north of the Gaza Strip kills 21 people, including seven children; Beijing, more online censorship:comments must be approved; wild animal trafficker arrested by ... ( read original story ...)
Japan calls off business forum after Saudis cancel trip
TOKYO, Nov 18 (Reuters) - A business forum of Japanese and Saudi government and business leaders set to take place in Tokyo next Monday has been called off after the Saudi delegation cancelled its ... ( read original story ...)
World Business Watch: Japan’s inflation hits 40-year high; commodities price surge
Japan and a weak Yen has pushed up cost of imported commodities in the country, they were already surging due to global supply constraints now. This has led to the jump in Japan's core consumer ... ( read original story ...)
Fiat Currencies Around The World Face The Same Fate As The FTX Fiasco
Just like we saw FTX blow up, I think we’re gonna see Japan and then the U.K. and then the ECB all blow up kind of the same. While FTX might have been a black eye for bitcoin now, when those blow up, ...
Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks
Multicoin Capital, one of the top crypto venture firms, told investors in a letter on Thursday that FTX's collapse will cause additional failures. "Many trading firms will be wiped out and shut down," ...