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Month: January 2025

Posted on 15/01/2025

The truth about crypto

Cryptocurrency hasn't delivered on its promise to replace money. It's just created a new way to gamble.

Posted on 15/01/2025

Ex-employee of Japan’s largest bank MUFG arrested for allegedly stealing 20kg of gold

A former employee of the MUFG Bank has been arrested for allegedly stealing 20 kilograms of gold bullion worth 260 million yen (US$1.6 million) from customers’ safe deposit boxes.

Posted on 15/01/2025

Tokyo, Manila agree on continued security cooperation

Foreign ministers from Japan and the Philippines agreed to continue cooperation in maritime security through the trilateral framework of Japan, the Philippines and the US. ( read original story ...)

Posted on 15/01/2025

Japan and Philippines plan to convey to Trump the need for US engagement in Asia

Japan and the Philippines will convey to President-elect Donald Trump the urgent need for the U.S. to remain committed to help uphold the rule of law in an Asian region where security concerns have ... ( read original story ...)

Posted on 15/01/2025

Disney-themed Shinkansen to begin service from Feb. 21

NAGOYA (Kyodo) -- Disney-themed bullet trains adorned with characters from hit films such as "Frozen" will run on the Tokaido Shinkansen Line connecting Tokyo and Osaka from Feb. 21 for a limited time ... ( read original story ...)

Posted on 15/01/2025

Australian Open: Naomi Osaka is back in a Slam’s 3rd round for the 1st time in 3 years

Naomi Osaka's second-round match at the Australian Open could not possibly have started in a worse way. All of 21 minutes in, she sailed a forehand service return well long and, just like that, ... ( read original story ...)

Posted on 15/01/2025

Japan should embrace both the Global South and Trump 2.0

Hiroyuki Suzuki is deputy director general of the corporate planning department of the Japan Bank for International Cooperation.

Posted on 15/01/2025

Foreign tourists to Japan hit record 36m in 2024 on weak yen

TOKYO -- Japan welcomed a record 36.87 million tourists in 2024, up 47.1% from the previous year thanks to the weak yen, according to data released Wednesday by the Japan National Tourism Agency (JNTO ...

Posted on 15/01/2025

BOJ’s Kazuo Ueda Signals Rate Hikes, Japanese Bond Yields Rise To 14-Year High—What The Recent Past Tells Us About Impact On US Markets

Bank of Japan Governor Kazuo Ueda indicated Wednesday that the central bank is prepared to raise interest rates if economic and price conditions continue to improve, as Japan’s 10-year government bond ...

Posted on 15/01/2025

Tennis-Osaka delights in revenge over Muchova at Australian Open

Naomi Osaka said she was enjoying a little bit of revenge against Karolina Muchova at the Australian Open on Wednesday, recalling how the Czech had ended her U.S. Open campaign last year when she was ... ( read original story ...)

Posted on 15/01/2025

Japan is so awash with tourists, business travellers are resorting to capsule hotels

But that is also raising prices for Kojima’s staff and other Japanese business travellers. Capsule hotels, a Japanese institution, offer claustrophobic bed-sized pods, often dou ... ( read original story ...)

Posted on 15/01/2025

Japan’s tourism boom prices out business travelers

After traveling to Tokyo for meetings, Yoshiki Kojima’s IT company employees crash out in a capsule hotel, as a tourism boom makes regular rooms too pricey for business trips. A weak yen is attracting ... ( read original story ...)

Posted on 15/01/2025

Crypto Hedge Funds Had a Great 2024, But Failed to Beat Bitcoin

During a great year for cryptocurrencies, hedge funds focused on digital assets unsurprisingly did very well, too. It’s just that many didn’t do as well as the industry’s most famous token: Bitcoin.

Posted on 15/01/2025

Bitcoin surges past $97,000 on speculation of Trump’s day-one crypto policy

On Tuesday, the price of bitcoin returned above $97,000, as as speculation swirled within the crypto industry about a potential executive order on cryptocurrency during the first day of Donald Trump’s ...

Posted on 15/01/2025

Japan to take appropriate action against excessive FX moves, finance minister says

Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive moves on the foreign exchange market. "The government has been alarmed ...

Posted on 15/01/2025

Naomi Osaka gets ‘revenge,’ ousts Karolina Muchova in second round of Australian Open

Naomi Osaka, ranked just No. 51 in the world after a disappointing 2024 season, shook off a slow start en route to a second-round upset win in the Australian Open on Wednesday. Osaka rallied past 20th ... ( read original story ...)

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