Japan will describe China as an “unprecedented strategic challenge” in a new national security policy set to be approved as early this week, according to a draft seen by Bloomberg. ( read original story ...)
Seth Meyers Busts GOP’s Crypto Conspiracy Theory In The Silliest Way Possible
Seth Meyers sees a major hole in Republicans ’ latest conspiracy theory. Sam Bankman-Fried, the disgraced founder of the defunct cryptocurrency exchange FTX, was arrested in the Bahamas on Monday ...
Japan Moves Closer to Easing Tax on Corporate Crypto Holdings
Japan’s ruling political party agreed to ease corporate tax rules for virtual currencies, signaling support for an industry reeling from the meltdown of Sam Bankman-Fried’s crypto empire.
Amid crypto turmoil, Hong Kong debuts first crypto futures ETFs
Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of their debut on the Hong Kong stock exchange on Friday in defiance of the ...
Roundup: Japan’s Nikkei ends lower on concerns over prolonged U.S. rate hikes
Japan's benchmark Nikkei stock index closed lower on Thursday, following losses on Wall Street overnight after the U.S. Federal Reserve signaled that its interest rate hikes will continue for a ...
Japan stocks lower at close of trade; Nikkei 225 down 0.37%
Japan stocks were lower after the close on Thursday, as losses in the Transport, Warehousing and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.37%. The best ...
Japan Nikkei falls on hawkish Fed
At closing bell, the 225-issue Nikkei Stock Average index was down by 104.51 points, or 0.37%, to 28,051.70. The broader Topix index of all First Section issues on the Tokyo Stock Exchange declined by ...
Editorial: Japan PM’s defense tax plan ignores plights of disaster areas, regular people
Particularly problematic is a proposal to divert part of a special income tax designed to finance rebuilding after the devastation of the 2011 Great East Japan Earthquake. Currently, 2.1% is added to ... ( read original story ...)
Drinkers falling asleep in the road are dying in traffic accidents, Tokyo police warn
Police in Japan's capital are urging people to moderate their alcohol consumption this holiday season following an increase in deaths of drinkers hit by vehicles after falling asleep on the street. ( read original story ...)
Japan’s Ruling Party Considers Corporate Tax Hike for Defense
Japan’s ruling Liberal Democratic Party is considering tax hikes on corporations, individual income and tobacco from 2024 or later to help fund a planned expansion of defense spending, according to a document seen by Bloomberg. ( read original story ...)
Strategist explains why he thinks the Bank of Japan is committing a major policy error
Amir Anvarzadeh of Asymmetric Advisors says the Bank of Japan's decision to keep interest rates low is a "major policy error" which could be corrected as soon as Governor Haruhiko Kuroda leaves his post in April. ( read original story ...)
Japan ruling party lawmaker calls for regulatory clarity after FTX debacle
A Japanese lawmaker called for more transparent regulations following the FTX meltdown, where investors were not warned of the risks with FTX Token.
Crypto Lender Amber Scraps Bonuses, Cuts Jobs as FTX Collapse Turmoil Continues
Amber Group, one of Asia’s biggest trading and lending platforms for digital currencies, has canceled this year’s staff bonuses as the one-time industry darling grapples with the crypto downturn.
Japan trade deficit soars on weak yen, high oil prices
Japan has reported its trade deficit surged to over 2 trillion yen ($15 billion) in November as higher costs for oil and a weak yen combined to push imports higher ...
Sumitomo Mitsui Taps Akihiro Fukutome to Head Core Banking Unit
Sumitomo Mitsui Banking Corp. named Senior Managing Executive Officer Akihiro Fukutome as its next president, as the Japanese lender seeks to attract a younger generation of customers and build up ...
Bank of Japan Said to Be Looking at Policy Review
Bank of Japan officials are said to be looking at a policy review next year, however, it is unlikely to happen before Governor Haruhiko Kuroda steps down in April. Paul Jackson reports on Bloomberg ...