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Month: July 2024

Posted on 16/07/2024

TWICE wraps up Osaka concert, embarks on fifth World tour

TWICE embarks on their fifth world tour with a dazzling start in Japan, captivating fans at Yanmar Stadium Nagai with a mix of beloved hits and exciting new tracks. As they unveil previews of their ... ( read original story ...)

Posted on 16/07/2024

BUZZ-USD/JPY bid on good importer demand into/post-Tokyo fix

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Posted on 16/07/2024

Optimism swept Bank of Japan as inflation goal looked nearer, yen weak in 2014

The Bank of Japan's decision-making body was dominated by optimism that the likelihood of attaining its 2 percent inflation goal had ...

Posted on 16/07/2024

Japan keeps up warnings against sharp yen falls

Bank of Japan data suggested Japan may have spent up to 3.57 trillion yen ($22.51 billion) intervening on Thursday last week. Markets will be eyeing the release of money market data later on Tuesday, ...

Posted on 16/07/2024

Panasonic CEO issues ultimatum to managers: Deliver results, or be replaced

Two months ago, Kusumi warned in a strategy briefing that the Osaka-based Japanese electronics maker was falling behind on its profitability targets, and that he would reduce the number of “businesses ...

Posted on 16/07/2024

Harry Kewell Fired By Japan Club Yokohama F Marinos

Harry Kewell was fired as coach of Japan's Yokohama F Marinos on Tuesday, just two months after taking the club to the AFC Champions League final. ( read original story ...)

Posted on 16/07/2024

Japan Finds a ‘Stealth’ Cure for Zombie Businesses: Let Them Fail

Japan spent 63.2 trillion yen, or about $400 billion, on SME support in the pandemic, according to a 2022 finance ministry report, with around $267 billion disbursed as "zero-zero" loans, which ... ( read original story ...)

Posted on 16/07/2024

Japan’s Small Firms: Reinvention Amid Economic Shifts

Hitoshi Fujita's company, originally a small metal parts producer, expanded by acquiring two neighboring firms. As Japan faces faltering growth and a population decline, the government is shifting its ... ( read original story ...)

Posted on 16/07/2024

Robinhood CEO Vlad Tenev touts crypto and tokenization as the natural transition for financial services: ‘An obvious technology advantage’

As investment brokerage Robinhood finds its footing as a publicly traded company, its CEO is still trying to figure out how to balance the platform's roots in day trading with his desire to build a sustainable business.

Posted on 16/07/2024

BlackRock’s Larry Fink embraces crypto, as asset manager’s bitcoin ETF is now worth nearly $20 billion

That was BlackRock Inc. co-founder and CEO Larry Fink saying his initial skepticism of cryptocurrencies like bitcoin has been abandoned, in an interview with CNBC on Monday.

Posted on 16/07/2024

Panasonic’s CEO Urges Managers to Embrace a ‘Sense of Crisis’

Panasonic Holdings Corp.’s managers need to feel more of a “sense of crisis” given the company’s low profitability and will be judged accordingly, Chief Executive Officer Yuki Kusumi said. Most Read ...

Posted on 16/07/2024

With deluge of pricey pool-filling mishaps, Japan schools hire out swim classes, tasks

The education board for the northeast Japan city of Kurihara, Miyagi Prefecture, announced on July 4 that the faucet for a school pool had mi ... ( read original story ...)

Posted on 16/07/2024

Commentary: The rise and fall of the ideal worker model in Japan

Companies are finding it difficult to attract and retain talent, as fewer young people aspire to lifelong employment and more value flexibility, says a professor from Hitotsubashi University Business ... ( read original story ...)

Posted on 16/07/2024

DMM Bitcoin hackers launder funds via the notorious Huione Guarantee marketplace

The DMM Bitcoin hack, involving over $305 million, sees its stolen funds laundered through Huione Guarantee, with potential links to North Korea's Lazarus Group.

Posted on 16/07/2024

Notorious North Korean Hacker Group Lazarus Suspected Of Laundering $35M From The Infamous $305M DMM Bitcoin Heist

In a major revelation, the notorious North Korean hacker group, Lazarus, is suspected of laundering over $35 million from the infamous hack of Japanese cryptocurrency exchange DMM Bitcoin.

Posted on 16/07/2024

AdvEn’s IPO Is A High-Risk Bet On Emerging Activated Carbon Tech

AdvEn, founded to develop activated carbon technologies, has filed proposed terms for an $8 million U.S. IPO. Click here to find out more about the ADVEN IPO.

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