Japanese equities rallied and the yen suddenly sold off as punters who predicted the end of easy money in Japan had their fingers singed.
Marketmind: Japan hesitates
A look at the day ahead in U.S. and global markets from Mike Dolan. Judging by Wednesday's reaction, world markets reckon Japan will eventually abandon its ultra-loose monetary policy despite a stubborn doubling down this week - and overseas ructions may be less than feared. ( read original story ...)
Japan needs an exit plan from negative rates, Suntory CEO says
Takeshi Niinami, CEO of Japan's largest alcohol and beverage manufacturer Suntory, discusses the economic situation in Japan and what the business community wants to see from the government and central bank. ( read original story ...)
Morning Bid: Japan hesitates
Judging by Wednesday's reaction, world markets reckon Japan will eventually abandon its ultra-loose monetary policy despite a stubborn doubling down this week - and overseas ructions may be less than feared. ( read original story ...)
Morale at Japan big manufacturers logs first negative reading in 2 years -Reuters Tankan
Business confidence at big Japanese firms slid in January with manufacturers showing a negative reading for the first time in two years, the Reuters Tankan survey found, reflecting a slow recovery ... ( read original story ...)
Baseball fans attempt to save nearly a century-old ‘sacred’ Tokyo stadium where Babe Ruth once played
Thousands of fans have signed a petition in an effort to save a stadium in Tokyo where baseball legend Babe Ruth once played. Nearly a century-old Meiji Jingu stadium is also touted to be the place that inspired best-selling author Haruki Murakami to first pick up a pen. ( read original story ...)
Central Japan city sued after girl left blind in roller accident
A 9-year-old girl and her family have sued a city in the central Japan prefecture of Mie, claiming the girl was left blind in a ... ( read original story ...)
Crypto exchange Coinbase says it will halt Japan operations
Cryptocurrency exchange Coinbase Global Inc on Wednesday said it will halt operations in Japan due to volatile market conditions.
Coinbase Stops Japan Operations After Slump in Digital Assets
Coinbase Global Inc. is halting operations in Japan, less than a month after another major digital asset exchange Kraken announced its withdrawal from the country.
FTX lost $415 million worth of crypto in hacker heists, the collapsed exchange’s new bosses say
Hackers stole $415 million worth of crypto from FTX – accounting for just under a tenth of the assets that the collapsed exchange is trying to recover, its new bosses said Tuesday. In a presentation ...
Crypto is back — in Davos, at least — as redemption tour rolls on
The World Economic Forum’s gathering in Davos has become an unlikely destination for the crypto industry as it tries to raise its profile — and new funds.
Yen falls after Bank of Japan maintains ultra-easy policy
The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations that rising inflation could force the central bank to move away ...
Pacific Islands urge Japan to delay release of Fukushima waste over contamination fears
The Japanese government said last week that contaminated water from the destroyed nuclear power plant could be released into the sea "around this spring or summer". ( read original story ...)
Japan court again acquits ex-execs over Fukushima disaster
The case is the only criminal trial related to the nuclear accident that led the former TEPCO executives to face charges. ( read original story ...)
Japan Inc is finally giving raises, just not to everyone
Japan's top companies are gearing up to offer their biggest wage increases in decades, but there's no way Hideki Kawada can afford raises for the 18 employees at his printing firm. Prime Minister Fumi ( read original story ...)
Yen slumps, Nikkei surges as Bank of Japan digs in on bond buying; ASX treads water — as it happened
The ASX went nowhere, while Japan's Nikkei stock index surged and the yen got crunched after the country's central bank defied markets to maintain its current bond buying program. Look back on our ... ( read original story ...)