Japan raised its estimates for long-term interest rates over the coming few years in twice-yearly fiscal projections issued on Tuesday, following the central bank's move last month to allow 10-year bond yields to move more widely. ( read original story ...)
Japan’s Nidec slashes full-year operating profit forecast on weak demand, reform costs
Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half on Tuesday as it faced pressure from weakening demand for technology goods and a slower-than-expected recovery of the global car industry. ( read original story ...)
Japan’s Nidec Slashes Full-Year Operating Profit Forecast on Weak Demand
Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half on Tuesday as it faced pressure from weakening demand for technology goods and a ... ( read original story ...)
Japan planning to establish zones to give vacant homes new life
Japan plans to establish zones that will simplify procedures ... while vacant houses not adequately maintained will be made ineligible for preferential property tax treatment, encouraging owners to ... ( read original story ...)
Crypto firms acted like banks, then collapsed like dominoes
Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital ...
Japan Stocks Set for Full Recovery From BOJ’s Shock Yield Pivot
Japanese stocks are set to make a full recovery from the Bank of Japan’s surprise revision to its yield-curve-control policy last month.
Ukrainian Sappers Arrive In Tokyo To Continue Training After Sessions In Cambodia
Ukrainian sappers, after training in Cambodia, where they mastered working with high-tech Japanese landmine detectors equipped with the ALIS system, ... ( read original story ...)
It’s ‘now or never’ to reverse Japan’s population crisis, prime minister says
Japan's prime minister issued a dire warning about the country's population crisis on Monday, saying it was "on the brink of not being able to maintain social functions" due to the falling birth rate. ( read original story ...)
As winter peak hits Japan, some ways to prepare for the cold and to stay safe
One of the strongest cold spells this winter is spreading across Japan, and even places that don't usually get much snowfall will need ways t ... ( read original story ...)
There’s now a Yayoi Kusama robot in Tokyo
The life-like robot is now in the window display at the Louis Vuitton Omotesando store Tokyo has gone into a polka dot frenzy for the newly launched collection between Louis Vuitton and contemporary ... ( read original story ...)
Kadokawa releases report on alleged Tokyo Games bribery
Leading Japanese publisher Kadokawa has released a report outlining the results of an independent probe into a bribery case tied to Tokyo Games sponsorship. ( read original story ...)
Japan PM warns country will cease to ‘function as a society’ if population decline persists
Japanese Prime Minister Fumio Kishida declared a dire need for policies tackling the country’s declining birth rate, calling it “now or never.” “Japan is standing on the verge of whether we can continue to function as a society, ( read original story ...)
Crypto To Watch In 2023
The macroeconomic pressures that caused a downturn in crypto markets had catastrophic consequences for crypto projects and businesses that were unprepared for a bear market. 2022 saw multiple ...
FBI Says North Korea-Backed Groups Hacked $100 Million in Crypto
Two hacking groups linked to North Korea were responsible for the theft of $100 million in an attack on a crypto service last year, the Federal Bureau of Investigation said on Monday.
Crypto’s Wormhole Hacker Moves $150 Million to Tap Popular Trade
A digital-asset wallet linked to one of crypto’s biggest hacks has moved more than $150 million of stolen funds for the first time in months to tap a trade involving staked Ether.
Crypto exchange Gemini lays off 10% of workforce in its latest round of cuts
Crypto exchange Gemini will reduce its headcount by 10%, a spokesperson told CNBC on Monday. Gemini joins a long list of crypto companies that have announced or deepened staffing cuts in the months ...