Japan’s Central Bank announced it will buy 5-to-10-year bonds after sovereign yields surged to the highest level in a decade. The announcement put more pressure on the Japanese yen (JPY), with analysts predicting more weakness if bond-buying operations continue.
Tokyo startup unveils 14.8-foot Gundam-style robot for $3 million
Tokyo-based startup Tsubame Industries developed a colossal robot resembling "Mobile Suit Gundam," a Japanese animation series, and it's available for purchase at a price of $3 million. ( read original story ...)
Crypto’s Trial of the Century Is Set to Begin
Fried, the founder of the failed crypto exchange FTX, gets his day in court on Tuesday. The trial will shine a harsh glare on the wider sector.
Crypto exchange Coinbase secures Singapore payments licence
By Rae Wee and Elizabeth Howcroft (Reuters) -Cryptocurrency exchange Coinbase has been awarded a full payments licence to operate in Singapore by the city-state's central bank, the U.S.-based company said on Monday.
Japan startup develops ‘Gundam’-like robot with $3 mln price tag
Tokyo-based start-up Tsubame Industries has developed a 4.5-metre-tall (14.8-feet), four-wheeled robot that looks like "Mobile Suit Gundam" from the wildly popular Japanese animation series, and it ... ( read original story ...)
Asia Album: Lively Chinatown of Yokohama in Japan
YOKOHAMA, Japan, Oct. 2 (Xinhua) -- Japan's Chinatown of Yokohama has put up colorful decorations and organized Chinese traditional performances to attract tourists, showcasing the unique charm of ... ( read original story ...)
Is Asia on the Way to Becoming the Next Crypto Hub?
Asia seems to be standing at the forefront of the global cryptocurrency landscape headed to become the next crypto hub. How is this happening?
FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
Evan Luthra, an app developer, entrepreneur and angel investor, told CNBC he lost $2 million dollars in the collapse of FTX. Luthra said he knew when FTX filed for bankruptcy in late 2022 that he wouldn't have "access to any of this money for the next few years." He continues to speak at crypto conferences
Short seller Jim Chanos slams Michael Lewis’ defense of FTX and compares the failed crypto exchange to Enron
Lewis told CBS that FTX only failed because of a bank run. "This was literally Enron's defense," Chanos said in response.
Japan’s Nikkei surrenders gains to end lower as rising yields weigh
Japan's Nikkei share average erased earlier gains to end lower on Monday as investors sold stocks amid worries about rising interest rates. The Nikkei index fell 0.31% to close at 31,759.88, after ...
Walking on escalators now prohibited in Nagoya, Japan
Walking on escalators is now prohibited in Nagoya, Japan. On Oct. 1, a new law was enacted in Nagoya that now requires people to stand still while riding escalators, as reported by Japan Today. ( read original story ...)
Police arrest 31 people over illegal casino inside building in Osaka
Osaka Prefectural Police on Sunday arrested the manager of an illegal baccarat casino, 29 employees and a customer. The casino, run by Hiroki Morichika, 41, was operating out of a tenant building in ... ( read original story ...)
Japan says watching FX moves with ‘high sense of urgency’
Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Monday the government would continue to monitor currency moves with "a high sense of urgency". ( read original story ...)
‘No benefit’: Small business owners hesitant to bring in Japan’s new invoice system
New regulations rolled out Oct. 1 now require businesses in Japan to provide invoices with tax details for every sale. The Mainichi Shimbun a･･･ ... ( read original story ...)
CGS-CIMB keeps ‘add’ call and $8.97 on CDL following accretive purchase of Japan assets
The purchase is estimated to lift CDL's AUM in the 'living' sector to $1.7 billion and its overall AUM to $3.4 billion ... ( read original story ...)
Crypto bosses pouring millions into anti-ageing tech to live longer
Crypto's top CEOs are playing a pivotal role in driving funding for longevity research and anti-ageing technology, a leading scientist has claimed.