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Month: January 2023

Posted on 12/01/2023

Biden, Japan’s Kishida Expected to Discuss Security, Global Economy-U.S. Official

U.S. President Joe Biden and Japan's Prime Minister Fumio Kishida are expected to discuss joint security issues as well as the global economy in summit talks on Friday, a senior administration official told Reuters. ( read original story ...)

Posted on 12/01/2023

Japan, South Korea protest China visa stoppage in COVID spat

Japan and South Korea are defending their public health restrictions on travelers from China after Beijing stopped issuing new visas in both countries in apparent retaliation ( read original story ...)

Posted on 12/01/2023

Coinbase to close majority of Japan operations following global layoffs: Report

A Coinbase spokesperson said in a recent report that the company is considering all options and will communicate updates once available.

Posted on 12/01/2023

Crypto exchange Binance plans 15%-30% hiring spree in 2023 even as rivals slash jobs

Crypto exchange Binance plans to increase the number of staff by between 15% and 30%, CEO Changpeng Zhao said.

Posted on 12/01/2023

Most Japan households predict higher prices, keeps pressure on BOJ

People walk as they make their way at a shopping district in Tokyo, Japan December 23, 2022. REUTERS/Kim Kyung-Hoon/Files ...

Posted on 12/01/2023

Japan’s MoF Official: Interest rates won’t remain low indefinitely

Michio Saito, Director-General of the Financial Bureau at Japan’s Ministry of Finance (MoF), said in a statement early Wednesday, “interest rates remain low but the current situation won't last ...

Posted on 12/01/2023

Just South of Tokyo, Cherry Blossoms Have Come Early To This Enchanted Land!

Tokyo typically sees cherry blossom season between late March and early April. But if you travel around an hour south to the city of Atami, you can experience the gorgeous blossoms from January! Main ( read original story ...)

Posted on 11/01/2023

A law firm involved in FTX’s bankruptcy is under fire from 4 senators after an ex-customer noted that it earned $20 million from the crypto giant

SBF's company paid Sullivan & Cromwell millions in fees and retainers before bankruptcy, so senators are concerned it can't properly investigate FTX.

Posted on 11/01/2023

FTX Has Wrecked the Crypto Party in Paradise

The digital currency exchange’s stupendous fallout has put local Web3 companies in the Bahamas on the back foot.

Posted on 11/01/2023

Bank of America downgrade Coinbase, says consensus estimates may be ‘way too high’ given the current crypto outlook

Wall Street is overestimating Coinbase's ability to weather a tough crypto environment, according to Bank of America.

Posted on 11/01/2023

Gemini Officially Terminates Crypto Earn Program Amid DCG, Genesis Spat

The Winklevoss twins’ Gemini has terminated its flagship Earn program, in the latest shot fired in its public spat with crypto lender Genesis. In an email sent to Gemini customers on Tuesday, seen by ...

Posted on 11/01/2023

Winklevoss twins’ accusations of lies and fraud at crypto giant DCG are a ‘desperate publicity stunt’, the Genesis owner says

DCG struck back at Cameron Winnklevoss in a Tuesday tweet, saying the twin cofounder of Gemini is trying to "deflect blame." ...

Posted on 11/01/2023

FTX’s Sam Bankman-Fried put $20 million into a big VC fund that then took a stake in the crypto exchange right back

FTX's Sam Bankman-Fried invested $20 million in a fund managed by Paradigm, a Web 3 investment company, that then backed the collapsed exchange.

Posted on 11/01/2023

Hong Kong set to shortlist crypto tokens for retail trading

Hong Kong securities watchdog will propose a subset of tokens it would allow for retail investors' trading, its chief executive said on Wednesday, as it presses on with a new regulatory regime that ...

Posted on 11/01/2023

Uniqlo owner gives Japan Inc a jolt with 40% wage hike

Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, a clear sign that Japan's rock-bottom salaries may be starting to budge after decades of deflation and cost-cutting. ( read original story ...)

Posted on 11/01/2023

Japan study points to high probability of twin earthquakes in Nankai Trough

Running 900 km from Suruga Bay in Shizuoka Prefecture to the southern coast of Shikoku, the Nankai Trough has been the source of many devastating earthquakes. ( read original story ...)

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