Japan’s Financial Services Agency (FSA) has announced plans to support a stablecoin project backed by three of the country’s major banks.
Nagoya Railroad Reports Mixed Financial Results Amid Revenue Growth
Nagoya Railroad Co., Ltd. ( ($JP:9048) ) has issued an announcement. Nagoya Railroad Co., Ltd. reported an increase in operating revenues for the ... ( read original story ...)
Nagoya Railroad 1H Net Y11.26B Vs Net Y21.59B
Nagoya Railroad Co. Ltd. (9048.TO) Japan Half-Year Ended September 30 GROUP 2025 2024 Revenue Y335.68 bln Y334.52 bln Operating Profit Y17.17 bln Y24.17 bln Pretax Profit Y19.32 bln Y28.41 bln Net ... ( read original story ...)
Tokyo massage parlor, mother split money made by her 12-year-old daughter
Investigative sources say a man who allegedly forced a 12-year-old Thai girl to work at his massage parlor had split all her earnings with her mother. Tokyo police suspect the case may involve human ... ( read original story ...)
Company head arrested for allegedly stealing pricy Pokemon cards from Tokyo shop
Tokyo police have arrested the president of a web PR firm on suspicion of stealing expensive Pocket Monster trading cards from a company he visited on business. ( read original story ...)
No shoes, no problem: Influencer walks Tokyo streets in white socks; viral test stuns internet
A viral experiment saw a Japanese influencer walk Tokyo's streets in white socks, proving their remarkable cleanliness. This demonstration highlights Japan's deep-rooted civic responsibility and ... ( read original story ...)
Japan’s declining real wages upend Prime Minister Takaichi’s ‘Abenomics’ as inflation shrinks wallets
Real wages have not risen since 2021 on a full year basis, underscoring the strain on household purchasing power. Takaichi's economic approach could fuel inflation further. The BOJ is also caught in a ... ( read original story ...)
Stablecoin News: Japan’s Top Banks Launch Yen-Backed Stablecoin Pilot Under FSA Supervision
Japan's FSA backs a pilot for a yen-backed stablecoin. MUFG, SMBC, and Mizuho will jointly issue the stablecoin.
Japan, South Korea’s Stablecoin Wars Could Redefine Who Controls Money: Banks or Fintechs?
Local currency stablecoins are on the rise across Asia. In Japan and South Korea, financial authorities tend to favor bank-issued stablecoins. But fintech startups are ...
Tokyo massage parlour owner held in suspected human trafficking of 12-year-old Thai girl
TOKYO: Japanese police have arrested a man for allegedly having a 12-year-old Thai girl work at his massage shop in Tokyo, in a suspected human trafficking case involving sexual exploitation of a ... ( read original story ...)
Japan resumes scallop exports to China
China banned imports of Japanese fishery products following the release of treated water from the crippled Fukushima No. 1 nuclear power plant into the sea. ( read original story ...)
Japan’s energy import strategy compelling for landlocked European nations
Landlocked European countries are looking to Japan’s approach to energy as a potential model following Russia’s invasion of Ukraine, while Tokyo is looking to Europe as it refines its own strategy, ... ( read original story ...)
Japan’s Nikkei drops 2% as tech shares track US peers lower
The tech-heavy Nikkei slid as much as 2%, and was last down 1.8% at 49,955.08, slipping below the psychologically key 50,000 mark. Startup investor SoftBank Group dropped 8.4% and chip-testing ...
Japan eyes mid-year reviews of bond issuance plans to boost market stability, sources say
Japan's Ministry of Finance is exploring mid-year reviews for government bond issuance. This move aims to boost market stability. Currently, plans are set annually. A recent cut in super-long bond ...
Japan government to support big banks’ project to issue stablecoins, finance minister says
Japan's Financial Services Agency will support a project by the country's three-largest banks to jointly issue stablecoins, Finance Minister Satsuki Katayama said on Friday, adding to momentum ...
Japanese investors sell foreign stocks on caution over Fed comments, valuation concerns
Japanese investors divested significant holdings in foreign stocks in the week to November 1, as they turned cautious amid hawkish remarks from some U.S. Federal Reserve officials and favoured locking ... ( read original story ...)