Japan’s Monex Group and Woori Technology Investment Co. in South Korea were among the beneficiaries. In the US, digital-asset exchange Coinbase Global Inc. and software firm MicroStrategy Inc. — the ...
The Crypto Tax Changes You Need To Know About
The Australian Taxation Office (ATO) has recently updated its non-binding web guidance on how more nuanced cryptocurrency transactions or activities are dealt with under Australian taxation law, ...
Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024
Excitement around a bitcoin ETF being approved in the U.S. next year as well as the bitcoin halving is fueling a rally in cryptocurrencies.
Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’
The price of Bitcoin (BTC) should “logically” undergo a correction once spot Bitcoin exchange-traded funds (ETFs) are approved, though commentators also concede that crypto is a “wild card” — and ...
Korea Resumes Currency Swap Deal with Japan
Korea and Japan have signed a fresh currency swap deal worth US$10 billion, the Ministry of Economy and Finance said last week. The resumption comes after an eight-year hiatus as relations chilled.A ...
Tokyo stocks fall as stronger yen fuels exporter selling
Tokyo stocks fell Monday, with auto and other exporter issues sold as a stronger yen against the U.S. dollar fueled concern over the ... ( read original story ...)
Tokyo commands highest average room rates in Asia
Global occupancy growth is close to normal across most gateway markets. Asia has seen key cities occupancy growth of 108-153% YTD-2023 compared to 2022. The growing demand is now fuelling the rate ... ( read original story ...)
Japan’s TDK Corp to manufacture iPhone battery cells in India – minister
Japanese electronic parts maker TDK Corp will manufacture lithium ion (li-ion) battery cells for Apple iPhones in India, a minister said on Monday. ( read original story ...)
Bear attacks in Japan hit record high as hunger forces some to delay hibernation
Six people have been killed and more than 200 injured since April, with warnings of more to come during winter ... ( read original story ...)
Tokyo stocks down as stronger yen dents autos, other exporters
Tokyo stocks fell Monday morning, as the yen's firm tone against the U.S. dollar dented auto and other exporter issues, offsetting th ... ( read original story ...)
Turmoil From BOJ Policy Bets Shakes Up Japan Credit Market
Years of ultra-low rates have created an enviable position for borrowers in the yen bond markets, as costs have stayed relatively low and stable. Now, speculation that the Bank of Japan will finally ...
Japan’s Nikkei sinks to 3-week low as stronger yen hurts autos
TOKYO, Dec 4 (Reuters) - Japan's Nikkei share average sank to a nearly three-week low on Monday as a stronger yen dented the earnings outlook for the nation's exporters, with automakers leading ...
Japan’s Nikkei slides to three-week low amid stronger yen impacting auto sector
In Monday's trading, 164 out of the index's 225 components registered declines, with 59 rising and two remaining flat.
Motorcycle hits taxi at famed crossing in Tokyo’s Ginza
A motorcycle crashed into the side of a taxi at a famed intersection in Tokyo’s Ginza district on Dec. 3. The motorcycle’s rider, a man in his 20s, survived the accident and was conscious and able to ... ( read original story ...)
Key Chip Materials Maker Goes Into Debt Rather Than Raise Prices
One of the chipmaking industry’s small but indispensable suppliers is sinking deeper in debt because it’s refusing to raise prices to cover mounting capex costs. ( read original story ...)
Japanese housebuilders hunt US M&A deals
The Japanese groups have market capitalisations ranging from Y770bn to Y2.7tn, or $5.3bn to $20bn, making numerous large US companies potential targets. However, two of the people said that the ... ( read original story ...)