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Month: February 2023

Posted on 03/02/2023

Kazuyoshi ‘King Kazu’ Miura breaks more records as the 55-year-old signs for Portuguese club Oliveirense

The legend of “King Kazu” took another turn as Kazuyoshi Miura joined Portuguese second division club Oliveirense on loan from J-League club Yokohama FC, just a month shy of his 56th birthday. The ... ( read original story ...)

Posted on 02/02/2023

Legendary investor Charlie Munger says crypto is a terrible bet, and the US should ban it entirely

Warren Buffett's 99-year-old business partner called out the wild speculation, dearth of regulation, and predatory nature of the crypto industry.

Posted on 02/02/2023

Tesla’s bitcoin holdings fell nearly $1.8 billion in value last year, as Elon Musk called crypto a ‘sideshow’

A bloodbath for crypto in 2022 saw Tesla's $1.5 billion bet on bitcoin backfire, as Elon Musk's carmaker dumped at least 75% of its position.

Posted on 02/02/2023

Japan’s crime rate increases for 1st time in 20 years due to Covid-19

Japan's crime rate increased for the first time in 20 years in 2022, as relaxed Covid-19 regulations may have led to a rise in instances of street crime, a police said on Thursday ... ( read original story ...)

Posted on 02/02/2023

Tokyo Olympic bribery scandal rolls on; company apologizes

A Japanese company embroiled in the 2020 Tokyo Olympic corruption scandal said Thursday it would strengthen oversight to prevent further wrongdoing. ( read original story ...)

Posted on 02/02/2023

Japan’s social media helps keep urban neighborhoods clean

TOKYO >> Prior to the pandemic, it was common to see cheerful groups of volunteers picking up trash on the streets, but COVID-19 put a kink in such community service. After several years of living ... ( read original story ...)

Posted on 02/02/2023

Japan’s Takeda’s profit slips 13%, pipeline bolsters outlook

Japan's Takeda Pharmaceutical Co posted a 13% drop in operating earnings for the nine months ended December but kept its profit outlook for the fiscal year unchanged as it works to bolster its drugs ... ( read original story ...)

Posted on 02/02/2023

Big Tech: Musk loses millions of Tesla money on bitcoin bet and will Japan and The Netherlands ban microchip making tools to China?

It's been revealed, Elon Musk has lost one hundred and forty million US dollars of Tesla money invested in crypto currency.  Plus. the possibility of Japan and The Netherlands following America's lead ...

Posted on 02/02/2023

Bankrupt FTX extends bid deadlines for Japan, Europe units

The preliminary bid deadline is now March 8 and the auction date becomes April 26, according to a court filing on Wednesday.

Posted on 02/02/2023

Maker of $555,000 Flying Motorbikes to Begin Trading on Nasdaq

A Japanese maker of flying motorbikes will list on the Nasdaq stock exchange and start trading as early as Friday in New York, making it the fifth company from the Asian nation to join the tech-heavy ...

Posted on 02/02/2023

Roundup: Japan’s Nikkei ends higher on Fed chair’s dovish tone, exporters weigh

Japan's benchmark Nikkei stock index ended marginally higher Thursday as investor sentiment was bolstered by remarks made by U.S. Federal Reserve Chair Jerome Powell indicating that inflation was ...

Posted on 02/02/2023

Japan shares higher at close of trade; Nikkei 225 up 0.20%

Japan equities were higher at the close on Thursday, as gains in the Mining, Gas & Water and Insurance sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 0.20%. The biggest ...

Posted on 02/02/2023

Japan’s biggest bank Mitsubishi UFJ reports 61% drop in Q3 profit

Mitsubishi UFJ Financial Group Inc on Thursday reported a 61.2% drop in third-quarter net profit due to a loss related to the sale of U.S. unit MUFG Union Bank, which would be mostly offset by an ...

Posted on 02/02/2023

A Trader’s Guide to Betting on the Next Bank of Japan Governor

Investors are readying for the final stretch in the race to replace Bank of Japan Governor Haruhiko Kuroda, a decision that could whipsaw markets from the yen to Treasuries.

Posted on 02/02/2023

The Bank of Japan should stop defending its cap on bond yields

Lifting the cap has only increased bets against it. Since December the Bank of Japan has had to defend the higher cap by buying bonds worth a staggering $240bn, nearly 6% of Japan’s gdp and about ...

Posted on 02/02/2023

Mitsubishi UFJ, Mizuho report strong Q3 results on solid loan demand

Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group on Thursday reported strong third-quarter profits in their core businesses thanks to an economic rebound in Japan and solid loan demand ...

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