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Month: February 2024

Posted on 29/02/2024

Osaka-based companies eye manufacturing, supply chain investments in PH

Members of the Osaka Chamber of Commerce and Industry (OCCI) expressed interest to invest in Philippine manufacturing and the supply chain sectors. The delegation led by OCCI chairman Shingo Torii ... ( read original story ...)

Posted on 29/02/2024

Japanese Insurers Will Sell Cross-Shareholdings After Scandal

Japan’s largest property-and-casualty insurers said they will sell cross-shareholdings after the government pressured them to abandon the decades-old practice. Most Read from BloombergHow Much Wealth ... ( read original story ...)

Posted on 29/02/2024

Execs at 4 major Japanese insurers to take pay cut over price fixing

TOKYO (Kyodo) -- A total of about 130 executives at four major Japanese property and casualty insurance companies will take up to 50 percent pay cuts for colluding to fix prices in contracts with ... ( read original story ...)

Posted on 29/02/2024

Stock market today: Asian shares are mixed after Wall Street slips lower and bitcoin bounces higher

Shares are mixed in Asia after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower ...

Posted on 29/02/2024

El Salvador’s millennial crypto-loving president says the country’s bitcoin holdings are up more than 40%

El Salvador President Nayib Bukele has long been bullish on bitcoin. He wrote in a post on X that El Salvador is up more than 40% on its investment. Bitcoin on Wednesday breached $60,000 for the first ...

Posted on 29/02/2024

Gemini crypto exchange to return $1.1 billion to consumers, pay fine in regulatory settlement

Gemini Trust Company, the cryptocurrency exchange founded by billionaires Cameron and Tyler WInklevoss, will return $1.1 billion to customers who invested in its defunct loan program, New York ...

Posted on 29/02/2024

Warren Buffett Just Made Bank Of Japan’s Job Even Harder

Buffett’s latest endorsement has added fresh momentum to the Nikkei’s rally, but the stock surge is at odds with economic realities on the ground in Japan.

Posted on 29/02/2024

Indonesia to raise sustainable development issues at World Expo 2025 Osaka

ndonesia is gearing up to join World Expo 2025 in Osaka, Japan, from April 13 to Oct. 13, 2025. The agenda serves as the main platform for various countries to reinforce their commitment to achieving ... ( read original story ...)

Posted on 29/02/2024

Osaka-based manufacturers pitched on locating in PHL

THE Department of Trade and Industry (DTI) said that Osaka-based manufacturing companies were invited to establish or expand operations in the Philippines, following the recent visit of a delegation ... ( read original story ...)

Posted on 29/02/2024

4.9-magnitude quake jolts Japan’s Chiba, east of Tokyo: JMA

TOKYO, Feb. 29 (Xinhua) -- An earthquake with a preliminary magnitude of 4.9 struck Japan's Chiba prefecture, east of Tokyo, the weather agency said on Thursday. ( read original story ...)

Posted on 29/02/2024

Welcome to Japan, Where the Bad News Is the Good News

This is Japan, where all bad news is relative. Take a look around. There are few signs of the societal discord you might expect in a place with trend lines like Japan’s, such as accumulating garbage, ... ( read original story ...)

Posted on 29/02/2024

Crypto exchange Gemini to pay $1.1 billion back to customers

Gemini Trust, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers of its now shuttered lending program, following a settlement with a New ...

Posted on 29/02/2024

Bitcoin ETFs Shake Up Crypto Market After Storming Wall Street

New US spot Bitcoin exchange-traded funds are shaking up the market for the original cryptocurrency after widening demand for the token and attracting more than $7 billion of net inflows in less than ...

Posted on 29/02/2024

Tokyo subway station gets automatic translation system

A Tokyo subway station has introduced technology that improves communication between staff and foreign visitors, as well as the hearing-impaired. The new system uses tablets that translate spoken or ... ( read original story ...)

Posted on 29/02/2024

Embattled Japan PM faces ethics committee, with popularity and budget on the line

Fumio Kishida on Thursday became the first sitting Japanese prime minister to appear before a parliamentary ethics committee, as he sought to draw a line under a funding scandal that has hurt his ... ( read original story ...)

Posted on 29/02/2024

Japan’s SoftBank cuts stake in India’s Paytm to under 3%

Japan's SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83% from 5.01%, an exchange filing showed on Thursday.The conglomerate, which held 17.5% stake in ... ( read original story ...)

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