Japan's coastguard has rescued one person in the search for a cargo ship carrying nearly 6,000 cattle and dozens of crew members that went missing in the East China Sea. That's according to a ... ( read original story ...)
Cargo ship with 43 crew and 6,000 cows sank off Japan in typhoon: survivor
A cargo ship carrying 43 crew and about 6,000 cows sank at sea after transmitting a distress signal during a typhoon off Japan, according to a survivor rescued by the country's coast guard. ( read original story ...)
Ant’s huge IPO sets up Jack Ma to escalate war with Tencent
Ant Group’s late-summer IPO filing drove home why the business — backed by 711 million active users that spent $17 trillion through its platform — is headed for potentially the world’s largest stock ... ( read original story ...)
Nikkei hits 30-year high in dollar terms on stimulus hopes
Japan's Nikkei share average hit a six-month high on Thursday and reached its highest level in three decades in dollar terms, as hopes of more global and domestic economic stimulus boosted sentiment. ( read original story ...)
Rest of Asia Will Miss Abe More Than Japan Will
A month before he ended his first stint as Japan’s prime minister in 2007, Shinzo Abe addressed the Indian Parliament in New Delhi. Quoting the Mughal scholar-prince Dara Shikoh ... ( read original story ...)
Crypto Conversation: USDC Gets an Upgrade
What’s hot in crypto this week? USDC -- or USD Coin -- which is a "stablecoin" set to the U.S. dollar. It is issued by Coinbase and Circle, through a joint venture called the Ce ... ( read original story ...)
Senate Banking Committee chairman seeks clarity from OCC on crypto payments rules
The Chairman of the U.S. Senate Committee on Banking is advocating the Office of the Comptroller of the Currency (OCC) craft policy on crypto payments.The post Senate Banking Committee chairman seeks ... ( read original story ...)
Widow-Maker Trade Is Back After Rising Yields Spur Bets in Japan
For years, betting against Japanese government bonds was known as a loss-making trade. Now, there could be a window of opportunity.Japan’s long-dated yields are hovering near 16-month highs after the ... ( read original story ...)
Japan’s Suga signals readiness to prod BOJ to ease more
Japan's Chief Cabinet Secretary Yoshihide Suga on Wednesday voiced his readiness to have the central bank take additional monetary easing steps to protect jobs, if he were to become prime minister. ( read original story ...)
Japan considers offering free COVID-19 vaccines to all residents
TOKYO -- The Japanese government is considering offering free coronavirus vaccines nationwide to all residents who want it, Nikkei has learned. Those at high risk of developing severe symptoms ... ( read original story ...)
Suga as Japan’s next premier may be tough partner for BOJ
The growing likelihood that Yoshihide Suga will succeed Shinzo Abe as Japan's new premier may be a mixed blessing for the country's central bank. As Abe's key lieutenant and the government's top ... ( read original story ...)
Widow-Maker Trade Returns With Relentless Japan Debt Sales
For years, betting against Japanese government bonds was known as a loss-making trade. Now, there could be a window of opportunity. ( read original story ...)
Japan Q2 corporate capex down 11.3% year/year – MOF
Japanese companies cut spending on factories and equipment in April-June by 11.3% from the same period a year earlier, Ministry of Finance data showed on Tuesday. ( read original story ...)
Suga as Japan’s next premier may be tough partner for Bank of Japan
The growing likelihood that Yoshihide Suga will succeed Shinzo Abe as Japan's new premier may be a mixed blessing for the country's central bank. As Abe's key lieutenant and the government's top ... ( read original story ...)
Stocks gain on brisk U.S. manufacturing survey, stimulus hopes
Asian shares inched up on Wednesday following buoyant U.S. manufacturing indicators and a rally in U.S. tech shares, with investors also expecting more policy support from Washington. MSCI's ... ( read original story ...)
Pasona to move core functions and 1,200 staff from Tokyo to Awaji Island
The move is aimed at addressing the concentration of Pasona's workforce in Tokyo and reducing impacts of future disasters on the company's business operations. ( read original story ...)