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Posted on 04/06/2024

ETFs to Watch on Japan’s First Yen Intervention Since 2022

Japan's Ministry of Finance revealed that the country has conducted its first currency intervention since October 2022, aimed at stabilizing the yen following its decline to a 34-year low in April.

Posted on 04/06/2024

Earthquakes in north-central Japan collapse 5 homes that were damaged in deadly January quake

Earthquakes have again struck Japan’s north-central region of Ishikawa that is still recovering from the destruction left by a powerful quake on Jan. 1 ... ( read original story ...)

Posted on 04/06/2024

Japan’s govt to warn of weak yen pain in policy roadmap, draft shows

Japan's government will warn of the pain a weak yen may inflict on households in this year's long-term economic policy roadmap, a draft seen by Reuters showed, as policymakers grow increasingly ... ( read original story ...)

Posted on 04/06/2024

Japan auto safety scandal widens, Toyota halts some shipments

A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in ... ( read original story ...)

Posted on 04/06/2024

Japan’s UK state visit to go ahead despite election

The King would traditionally spend a week in Scotland, known as “Royal Week” or “Holyrood Week”, at the end of June and the beginning of July. If this clashes with the result of the 4 July election, ... ( read original story ...)

Posted on 04/06/2024

Japan PM Kishida will not call snap election before parliament closes, Asahi reports

Japan's Prime Minister Fumio Kishida is making final arrangements not to call a snap election during the current parliament session ending June 23, the Asahi daily reported on Tuesday, citing unnamed sources in his administration. ( read original story ...)

Posted on 04/06/2024

China’s new aircraft carrier pushes India, Japan, South Korea to upgrade: ‘source of anxiety’

China currently operates two aircraft carriers, the Liaoning and the Shandong. It launched the Fujian, a next-generation 80,000-tonne aircraft carrier larger than those operated by India or Japan, ... ( read original story ...)

Posted on 04/06/2024

Inside the BVI’s Hottest New Property, a $35,000-Per-Night Villa Carved Into a Cliff

The three-tiered, 23,500-square-foot Villa Katsura was carved into three acres of cliffside 20 years ago, as an exact replica of a home in Okinawa. “The patriarch of the original family that owned it ... ( read original story ...)

Posted on 04/06/2024

Japan opens national ID to integration with digital wallets

The integration will enable Japanese citizens to add their My Number card to their iPhones and utilize it securely in various scenarios.

Posted on 04/06/2024

Why Accountants Are Now Learning About Bitcoin

Bitcoin is becoming integral to modern finance, and accounting bodies now see it as both an opportunity and a risk.

Posted on 04/06/2024

DMM Bitcoin Says Bitcoin Worth About 48.2 Billion Yen Leaked

DMM Bitcoin Says Bitcoin Worth About 48.2 Billion Yen Leaked TOKYO (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that bitcoin worth about 48.2 billion yen ($308 million) had been leaked. ($1 = 156.6400 yen) (Reporting by Kaori ...

Posted on 04/06/2024

Biden Veto Angers Crypto Industry as It Floods 2024 Election With Cash

The resolution would have repealed the Securities and Exchange Commission’s Staff Accounting Bulletin 121, which sought to force financial institutions that are holding crypto to keep the digital ...

Posted on 04/06/2024

Coinbase donates $25 million to super PAC Fairshake days after Biden vetoes crypto custody bill

Top U.S. cryptocurrency exchange Coinbase has donated a further $25 million to Fairshake’s super PAC, according to a blog post on Monday. The lobbying money, which will bolster the campaigns of crypto ...

Posted on 04/06/2024

Coinbase Gives Another $25 Million to Crypto Super-PAC Fairshake

Coinbase Global Inc., the biggest US cryptocurrency exchange, has given another $25 million to the Fairshake SuperPAC, helping ramp-up donations geared toward electing candidates favorable to digital ...

Posted on 04/06/2024

Crypto funds inflows surpass $15 billion and set new record

May's crypto fund inflows hit $2bn, with the US leading at $130m and Ethereum seeing renewed interest after SEC ETF approval.

Posted on 04/06/2024

Is the latest crypto bill an opening for banks to bypass regulation?

A bill to draw crypto's jurisdictional lines between the Securities and Exchange Commission and the Commodity Futures Trading Commission is pitting increasingly crypto-friendly Democrats against ...

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