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Category: FINANCE

Posted on 08/10/2024

Ex-Japan city assembly member gets 10-yr prison sentence over $1.97 mil. COVID loan fraud

A former city assembly member in Japan was sentenced to 10 years in prison and ordered to pay 198 million yen (about $1.34 million) in surc・・・ ...

Posted on 08/10/2024

Japan’s corporate governance reform has ‘only just begun,’ says TSE chief

"Corporate governance reform has only just begun," Hiromi Yamaji, CEO of Japan Exchange Group, which owns the TSE, said at the Frontiers of International Finance symposium hosted by Nikkei.

Posted on 08/10/2024

Japan’s new finance minister vows to finish the job as deflation czar

“I will put every effort into getting Japan out of deflation,” said Finance Minister Katsunobu Kato, who is also the minister charged with battling deflation.

Posted on 08/10/2024

Japan’s Metaplanet Goes All-In on Bitcoin, Grabs $6.92M in BTC and Sees Stock Rocket by 11%!

Japans Metaplanet is making waves again with a bold $6.92 million Bitcoin acquisition, propelling its BTC reserves to 640. The companys aggressive approach pushed its stock price up 11%, establishing ...

Posted on 08/10/2024

Crypto relationship scams pose ‘catastrophic harm,’ SEC official says. Here’s how to avoid them

Criminals are using social media, networking and dating sites to lure people into buying fake crypto investments.

Posted on 08/10/2024

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulus

Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their initial gains as officials in Beijing outlined details of ...

Posted on 08/10/2024

Women in Asia are slowly starting to break through historic barriers to the top of the corporate world

On Japanese boards, women occupy 13% of the seats at the exchange’s prime market companies, compared with 32% and 33% respectively for firms listed on the U.S.’s Nasdaq and New York Stock Exchange, ...

Posted on 08/10/2024

The ‘crypto punks’ behind Trump’s murky new business venture

The serial entrepreneurs behind former President Donald Trump’s new cryptocurrency project have left a trail of lawsuits, unpaid debt and tax liens.

Posted on 08/10/2024

The ‘crypto punks’ behind Trump’s murky new business venture

The serial entrepreneurs behind former President Donald Trump’s new cryptocurrency project have left a trail of lawsuits, unpaid debt and tax liens.

Posted on 08/10/2024

Naomi Osaka slams critic for calling her a ‘fluke’

Naomi Osaka hit back at a critic who reportedly called her a “fluke.” The comment toward the 26-year-old former WTA No. 1 player and four-time Grand Slam winner apparently came after her forced exit ...

Posted on 08/10/2024

Feds reach for sliver of crypto-cash nicked by North Korea’s notorious Lazarus Group

The first lawsuit stems from the 2022 Deribit hack, during which the North Korean criminals drained about $28 million from the crypto exchange's hot wallet. The crooks then laundered the funds through virtual currency exchanges, the Tornado Cash mixer and virtual currency bridges in an attempt to cover their tracks.

Posted on 08/10/2024

Tokyo Metro IPO is a big deal with big caveats

Make do. There's plenty for investors to get on board with in Japan's biggest listing in half a decade. The government is selling 320 billion yen ($2.2 billion) of shares in subway operator Tokyo ...

Posted on 08/10/2024

Onboard the Shiki-Shima, Japan’s newest luxury sleeper train

Shima, will begin excursions between Tokyo’s Ueno Station and northern Japan in May this year. The sleeper, which includes a lounge car, dining car and six carriages devoted to private suites, will ...

Posted on 08/10/2024

Metaplanet increases Bitcoin holdings to 639.5 BTC worth $40.6M with $6.7M investment

Tokyo-listed investment adviser Metaplanet has made another bold move in the cryptocurrency market, significantly increasing its bitcoin holdings with a fresh investment of 1 billion yen ($6.7 million ...

Posted on 08/10/2024

Invitations Open For The Tokyo-London Green Finance Seminar 2024

and the City of London Corporation are pleased to announce the upcoming Tokyo-London Green Finance Seminar 2024, in partnership with the British Embassy Tokyo. In the seventh edition of this ...

Posted on 08/10/2024

‘It goes against all logic’: Among the young and wealthy, cautious investors hold more crypto

Among investors age 21 to 43 with $3 million to invest, self-identified conservative investors hold more crypto than their more aggressive counterparts.

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