Animoca Brands Japan, a prominent subsidiary of the global web3 investor Animoca Brands, has welcomed industry veteran Kensuke Amo as its Chief Operating ...
Larry David ‘lost a lot of money’ after being paid in crypto for FTX Super Bowl ad
In 2022, a proposed class action lawsuit was filed in Florida accusing David, Bankman-Fried and other FTX celebrity backers including NFL quarterback Tom Brady and supermodel Gisele Bundchen of defrauding investors who lost money when the cryptocurrency exchange collapsed.
UPDATE 3-FTX abandons efforts to restart its crypto exchange
By Dietrich Knauth NEW YORK, Jan 31 (Reuters) - FTX has abandoned efforts to restart its crypto exchange, instead opting for a liquidation that should repay customers in full, a company attorney said on Wednesday.
Japan’s Aozora Tumbles 19% to Three-Year Low on US Property Loss
Japanese lender Aozora Bank Ltd. extended its losses on Friday, plummeting as much as 19% to the lowest since Feb. 2021. The stock tumbled by its daily limit Thursday on losses tied to US commercial ...
US Ospreys of same type as one in fatal Nov. crash flew over Tokyo: Mainichi probe
The U.S. Air Force CV-22 Osprey transport aircraft that crashed off Yakushima Island in Kagoshima Prefecture in November 2023 was in fact one ... ( read original story ...)
Chilean song gets second life as viral hit in Japan
STORY: This song has gone viral in Japan20 years after it first became a hit in ChileLocation: Renaca, ChileChristell Rodriguez first performed her hit ‘Dubidubidu’at a talent show when she was just ... ( read original story ...)
14 of the best places to visit in Japan
Between its mountainous interior and island-dotted seas, Japan packs in metropolises, temples and fine food. Here are the best places to target. ( read original story ...)
Japan’s Aozora Set for Second-Day Plunge After US Property Loss
Japanese lender Aozora Bank Ltd. is set to plunge for a second day after the stock tumbled 21% Thursday on losses tied to US commercial property. ( read original story ...)
Suspect arrested for murder of two women to undergo psychiatric tests
The Nagoya District Public Prosecutors Office has decided to have a 25-year-old man arrested on suspicion of killing two women in Nagoya in December undergo psychiatric tests to determine if he is ... ( read original story ...)
ANA planes in minor collision at Osaka airport, no one hurt
Two All Nippon Airways airplanes experienced a minor collision on Thursday at an airport straddling Osaka and Hyogo prefectures in we ... ( read original story ...)
How Much Power Does Crypto Use? The Government Wants to Know
The mining of bitcoin and other cryptocurrencies uses a lot of electricity -- more than many countries. Are you paying for it on your power bill?
Genesis reaches $21 million SEC settlement in bankruptcy wind-down
Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if Genesis is able to fully repay customers in its bankruptcy.
Nursing home acquisitions lift Parkway Life Reit’s H2 DPU by 2.1%
RECENT acquisitions of nursing homes lifted Parkway Life Reit’s distribution per unit (DPU) by 2.1 per cent to 7.48 cents, for the six months ended Dec 31, 2023. Read more at The Business Times. ( read original story ...)
Japan’s Aozora Bank tanks on U.S. property loan losses
Japan's Aozora Bank on Thursday flagged its first annual net loss in 15 years as it took massive loan-loss provisions for U.S. commercial property, sending its shares down more than 20%. ( read original story ...)
A $560 Billion Property Warning Hits Banks From N.Y. To Tokyo
The US commercial real estate market has been in turmoil since the onset of the Covid-19 pandemic. But New York Community Bancorp and Japan’s Aozora Bank Ltd. delivered a reminder that some lenders ... ( read original story ...)
China needs to learn lessons from 1990s Japan
The essence of their message revolved around two words: “clearing prices”. As Japan reeled from the collapse of the 1980s property bubble, US officials urged its government to inject transparency into ... ( read original story ...)