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Category: FINANCE

Posted on 26/06/2023

Shionogi Further Extends Infectious Disease Innovation Platform with Planned Acquisition of Qpex Biopharma, Inc.

Shionogi & Co., Ltd. (Head Office: Osaka, Japan; Chief Executive Officer: Isao Teshirogi, Ph.D.; hereafter "Shionogi") announced that Shionogi Inc., a New Jersey-based subsidiary of Shionogi, has ...

Posted on 26/06/2023

Japan’s finance minister warns against speculative yen moves

Japanese Finance Minister Shunichi Suzuki on Monday cautioned against recent rapid declines of the yen and speculative trading Suzuk ...

Posted on 26/06/2023

When it comes to crypto, turmoil in the U.S. could be a boon for Japan

With a solid legal framework already in place, some players see the U.S. crypto downturn as an opportunity for Japan to advance its standing in the field.

Posted on 26/06/2023

Crypto Tycoon Jihan Wu’s Mining Platform Bitdeer Gains 122% On Buybacks

Bitdeer Technologies Group, the Singapore-based crypto mining platform controlled by mogul Jihan Wu, saw its shares surge 122% over the past month as the company announced a share buyback amid ...

Posted on 26/06/2023

Crypto mystery: New tax rules are MIA

The long-awaited IRS tax compliance rules are stuck in an unexplained delay even as the SEC aggressively targets the crypto industry for regulation.

Posted on 26/06/2023

SIM Swap Hacker gets 5 Years In Jail For Crypto Crimes

The U.S. Department of Justice hoped the latest verdict would serve as a warning to malicious actors and the broader cybercrime community.

Posted on 26/06/2023

Japan’s Nikkei falls for third straight session

TOKYO, June 26 (Reuters) - Japan's Nikkei share average fell for a third straight session on Monday, after spending the day flip-flopping between small gains and losses. The Nikkei closed 0.25% lower ...

Posted on 26/06/2023

Roundup: Japan’s Nikkei ends lower, tech shares drop amid global economic woes

Japan's benchmark Nikkei stock index closed lower Monday extending losses for a third-straight day, with technology shares following their U.S. peers lower amid global economic concerns. The 225-issue ...

Posted on 26/06/2023

Sygnum Sees Strong Crypto Demand Boosting New Singapore Brokerage

Sygnum AG is seeing strong demand for crypto transactions from fund houses, family offices and institutions, which is expected to boost revenues from a new brokerage business in Singapore.

Posted on 26/06/2023

Yen’s decline vs. US dollar ‘rapid, one-sided’: Japan official

The yen's depreciation against the U.S. dollar is "rapid and one-sided," Japan's top currency diplomat Masato Kanda said Monday, after the U.S. currency hit a seven-month high in the 143 zone. Asked ...

Posted on 26/06/2023

Japan exempts cryptocurrency issuers from 30% tax on unrealized gains

Cryptocurrency issuers in Japan are now exempt from paying a 30% corporate tax on unrealized gains on tokens under a June 20 revision to the law by the National Tax Agency. The tax change comes as ...

Posted on 26/06/2023

First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism

ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets." ...

Posted on 26/06/2023

Japan Implements Tax Exemption For Token Issuers

in japan, token issuers are no longer required to pay corporate taxes on unrealized cryptocurrency gains , per a june 20 revision of the law by the ...

Posted on 26/06/2023

Japan’s Nikkei reverses early losses as investors hunt bargains

Japan's Nikkei share average eked out small gains on Monday after early losses, as investors bought back beaten-down stocks following a sharp two-day drop.

Posted on 26/06/2023

Bank of Japan member called for early revision of YCC at June meeting

The Bank of Japan should discuss revising its yield curve control (YCC) policy at an early stage, a board member was quoted as saying at a June policy meeting, a summary of opinions at the rate review ...

Posted on 26/06/2023

Bank of Japan member called at June meeting for review of yield cap program

TOKYO (Kyodo) -- A Bank of Japan policymaker said that the central bank should review its yield cap program "at an early stage," noting its high costs, a summary of opinions from its June policy ...

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