Much like the U.S.’s strategic petroleum reserve, Japan stockpiles up to 1 million tons (equal to the weight of 5,000 blue whales) of the country’s national staple crop. The reserve equates to about ...
Nissan Is Likely to Reject Honda Offer in Blow to Tie-Up Plan
Nissan Motor Co. is prepared to reject an acquisition offer that would make it a subsidiary of Honda Motor Co., according to a person familiar with the matter, a move that could jeopardize talks ... ( read original story ...)
Japan inflation-adjusted wages rise in December on jump in bonuses
Japan's December inflation-adjusted real wages rose 0.6% year-on-year thanks to a wintertime bonus bump, preliminary government data showed on Wednesday, with government officials expressing optimism ... ( read original story ...)
Sapporo Snow Festival opens
Snow sculptures are lit up at Odori Park in Sapporo, Hokkaido, on Tuesday, the opening day of the Sapporo Snow Festival. The annual festival features a multitude of ice and snow sculptures, ... ( read original story ...)
Ripple’s top lawyer on the future of crypto in a Trump-led U.S.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...
Trump’s Crypto Project Appears to Have Bought Ether After Tariff Meltdown
World Liberty Financial, the decentralized-finance project linked to Donald Trump’s family, appears to have added tens of million of dollars worth of the Ether cryptocurrency after crypto markets ...
Explained: SEC’s new crypto task force and its role
The SEC has launched a Crypto Task Force to bring clarity to digital asset regulations, tackle crypto securities, stablecoins, and exchanges, and engage with industry leaders. Here's what it aims to ...
Coinbase urges US regulators to clear path for banks to offer crypto services
Coinbase Global on Tuesday renewed its call for U.S. banking regulators to clarify or revise their position on banks offering cryptocurrency services as well as potentially doing tie-ups with ...
CapitaLand acquires freehold land for first data centre in Japan
The Osaka data centre will be AI-ready, with a focus on sustainability, incorporating advanced cooling and energy-saving technologies.
MUFG, other Japan banks hit profit record with help from U.S. and Asia
Mitsubishi UFJ Financial Group, Japan's largest bank, said Tuesday its net profit for the nine-month term jumped 35% on the year to 1.74 trillion yen, a record for the period. For the full year ...
Japan’s Mitsui could study Alaska LNG project, but no decision yet
Japanese trading house Mitsui could consider studying a project to liquefy natural gas in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on ... ( read original story ...)
Record Amount Of Sea-Effect Snow Piled High In Hokkaido, Japan, And More Is On The Way
There’s so much snow on the ground in Hokkaido, Japan, that it’s blocking the doors and windows of homes and businesses on the island in the northern part of the country. Cities like Obihiro and ... ( read original story ...)
Japanese court upholds conviction of American who helped fugitive former Nissan chief hide pay
A Japanese appeals court upheld the conviction of a former American Nissan executive on charges of helping fugitive former Chairman Carlos Ghosn hide income, while rejecting prosecutors’ bid to ... ( read original story ...)
Yokohama completes acquisition of Goodyear’s OTR unit
Yokohama Rubber Co. has completed its acquisition of Goodyear's off-the-road (OTR) tire business in an all-cash transaction of approximately $905 million. ( read original story ...)
Goodyear completes OTR divestiture to Yokohama
Goodyear has finalized its $905 million divestiture of its off-the-road tire business to Yokohama. Announced in July 2024, the all-cash deal is part of the company's "Goodyear Forward" plan. ( read original story ...)
Kanye West and Bianca Censori’s indecent Grammys stunt may cost him $20 million Tokyo concert deal; here’s why
Kanye West may lose a $20 million Tokyo concert deal as a result of his completely unacceptable Grammys 2025 stunt with Bianca Censori. The rapper was supposed to perform two shows at the Tokyo Dome ... ( read original story ...)