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Month: November 2022

Posted on 15/11/2022

Tokyo’s bid to introduce English-speaking test in high school exams slammed

A private-sector English-speaking test will be introduced at the Tokyo metropolitan high school entrance exam for the first time in Japan this month, but the initiative to nurture “speaking skills” ... ( read original story ...)

Posted on 15/11/2022

Japan’s monetary policy is ‘absolutely not’ getting tighter anytime soon: Financial services firm

Jesper Koll of Monex Group says Japan is a "bastion of stability" and there will be "no change" for the Bank of Japan for at least another nine to 12 months. ( read original story ...)

Posted on 15/11/2022

Japan, US Collaborating on Next-Generation Chips, Nishimura Says

Japan’s trade minister Yasutoshi Nishimura said Japan and the US are working together to make the next generation of semiconductors, while also collaborating with a broad range of Asian nations to ... ( read original story ...)

Posted on 15/11/2022

Bain Capital Asia: Large corporations in Japan are ’embracing change’

David Gross-Loh from Bain Capital discusses their deals in Japan and says it is the beginning of an "important secular trend" for the country's economy. ( read original story ...)

Posted on 15/11/2022

Japan’s Economy Contracts Slightly in the Third Quarter

The world’s third-largest economy contracted for the first time in a year, reflecting weak external demand and a sluggish recovery in private spending. ( read original story ...)

Posted on 15/11/2022

Japan economy unexpectedly shrinks after yen slide

Japan's economy has unexpectedly shrunk for the first time in a year as the rising cost of living hit consumers and businesses.Gross domestic product (GDP) fell by an annualised 1.2% in the three ... ( read original story ...)

Posted on 15/11/2022

Japan’s Olympus says moving from asset sales towards doing deals

The company sold off its camera and voice recorder units to Japan Industrial Partners in 2021. In August, it made its biggest divestment yet, selling its microscope unit - the business on which it was ... ( read original story ...)

Posted on 15/11/2022

Japan’s economy shrinks for the first time in a year

Capital Economics’ Tay sees a tough 2023 for Japan. “As for 2023, Japan will be dragged into a mild recession in H1 by a global downturn that will weigh on exports and business investment.” For more ... ( read original story ...)

Posted on 15/11/2022

Japan gov’t to submit security footage to court over death of detained Sri Lankan

The Japanese government informed the Nagoya District Court on Nov. 14 that it will submit security camera footage as evidence in a lawsuit o ... ( read original story ...)

Posted on 15/11/2022

Take a peek behind the scenes at Nagoya Castle for this special art viewing

Some parts of Nagoya Castle are open to the public for the very first time this autumn for a special two-week event ... ( read original story ...)

Posted on 15/11/2022

2 dead, 3 injured after crane truck collides with vehicle near Tokyo

A crane truck collided with a passenger car on Tuesday in Ibaraki Prefecture near Tokyo, leaving two men dead and three others ... ( read original story ...)

Posted on 15/11/2022

Japan’s Daiichi Sankyo says mRNA COVID vaccine successful in booster trial

Japan's Daiichi Sankyo Co said on Tuesday its mRNA-based COVID-19 vaccine had reached its primary endpoint in a trial of the shot as a booster. In a trial of about 5,000 Japanese adults, those who had ... ( read original story ...)

Posted on 15/11/2022

Japan’s economy shrinks as consumers reduce spending

The Japanese economy contracted at an annual rate of 1.2% in the July-September quarter, as consumption declined amid rising prices.

Posted on 15/11/2022

How Sam Bankman-Fried’s Crypto Empire Collapsed

Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.

Posted on 15/11/2022

Binance, Crypto.com execs tell investors to ‘ask me anything’ following the fall of FTX

Both Binance and Crypto.com hosted live question-and-answer sessions on Monday morning in an attempt to reassure investors that the cryptocurrency exchanges won’t meet the same fate as FTX, which ...

Posted on 15/11/2022

Crypto lender BlockFi will ‘explore all options’ to deal with the fallout from FTX’s bankruptcy after it took a $250 million loan from the exchange

Crypto lender BlockFi, which got an emergency loan from FTX, said it has assets tied up with the bankrupt exchange and can't run "business as usual." ...

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