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Japan’s Nikkei drops as SVB collapse weighs on bank stocks; autos slump
Japan's Nikkei share average fell more than 1% on Monday, with banks leading losses as investors fretted over the potential fallout of Silicon Valley Bank's (SVB) collapse last week. Automakers also ...
Japan’s benchmark yield slides to 3-month low as SVB spooks investors
Japanese government bonds rallied on Monday, sending the benchmark 10-year yield to a nearly three-month low, as investors flocked to the safest assets amid jitters over the fallout from Silicon ...
Moritomo ex-head, wife report to Osaka prosecutors for imprisonment after fraud convictions
The former chairman of scandal-hit school operator Moritomo Gakuen and his wife reported to the Osaka High Public Prosecutors Office on the morning of March 13 to be locked up in a penal facility ... ( read original story ...)
Tokyo court orders retrial of 1966 quadruple murder case
A Tokyo court ordered Monday that the case against a former professional boxer, who was sentenced to death over a 1966 quadruple murd ... ( read original story ...)
Tokyo stocks tumble as financial issues drop after U.S. bank collapse
Tokyo stocks fell sharply Monday, as financial shares took a beating from concerns over how the collapse of tech-focused U.S. lender Silicon Valley Bank late last week could affect the Japanese ... ( read original story ...)
Japan’s Nobel Prize-winner Kenzaburo Oe dies at 88 -publisher
TOKYO, March 13 (Reuters) - Kenzaburo Oe, who won Japan its second Nobel Prize for literature with books about pacifism and his disabled son, and used his fame to protest both nuclear weapons and power, died on March 3 due to old age, according to his ... ( read original story ...)
Japan court orders retrial for decades-long death row inmate
Tokyo's High Court ordered a retrial on Monday for an 87-year-old former boxer, dubbed the world's longest-serving death row inmate, nearly six decades after he was convicted of murder.Hakamada spent nearly five decades on death row and was certified the world's longest-serving death row inmate, ( read original story ...)
1,600-Year Old Demon-Slaying Mega Sword Unearthed in Japan
The seven-foot sword, the largest of its kind found in Japan, was found buried alongside a massive shield-like mirror, also thought to ward off evil. ( read original story ...)
Masks stay put in Japan as 3-year request to wear them ends
Japan on Monday dropped its request for people to wear masks after three years, but hardly anything changed in the country that has had an extremely high regard for their effectiveness at anti-virus ... ( read original story ...)
FEATURE: Tokyo spots bank on cherry blossom peak as foreign tourists return
With Japan preparing to welcome foreign visitors for the cherry blossom season for the first time in three years after loosening COVID-19 border controls, excitement is in the air for the travel ... ( read original story ...)
Tokyo stocks fall sharply on fears over U.S. financial system
Tokyo stocks dropped sharply Monday morning, led by plunges in banks and other related issues as concerns over the U.S. financial sys ... ( read original story ...)
Japan’s Matsuno: Don’t see big impact on Japanese financial companies from SVB fallout
Japan Chief Cabinet Secretary Hirokazu Matsuno said on Monday, they don't see big impact on Japan's financial companies from the SVB fallout. Key quotes “Japan’s financial ins ...
What the failures of Signature, SVB and Silvergate mean for the crypto sector
The failure of crypto-focused banks once again showed the vulnerability of stablecoins, which can lose their peg in unusual financial situations.
SVB Collapse Shows Fickleness of Crypto Money
The world’s second-biggest stablecoin got thrown off its peg because of the demise of a bank relatively unknown outside Silicon Valley.
Signature Bank Closure Deals Another Blow to Crypto Industry
The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut off from the ...