Japan spent 63.2 trillion yen, or about $400 billion, on SME support in the pandemic, according to a 2022 finance ministry report, with around $267 billion disbursed as "zero-zero" loans, which ... ( read original story ...)
Japan’s Small Firms: Reinvention Amid Economic Shifts
Hitoshi Fujita's company, originally a small metal parts producer, expanded by acquiring two neighboring firms. As Japan faces faltering growth and a population decline, the government is shifting its ... ( read original story ...)
Robinhood CEO Vlad Tenev touts crypto and tokenization as the natural transition for financial services: ‘An obvious technology advantage’
As investment brokerage Robinhood finds its footing as a publicly traded company, its CEO is still trying to figure out how to balance the platform's roots in day trading with his desire to build a sustainable business.
BlackRock’s Larry Fink embraces crypto, as asset manager’s bitcoin ETF is now worth nearly $20 billion
That was BlackRock Inc. co-founder and CEO Larry Fink saying his initial skepticism of cryptocurrencies like bitcoin has been abandoned, in an interview with CNBC on Monday.
Panasonic’s CEO Urges Managers to Embrace a ‘Sense of Crisis’
Panasonic Holdings Corp.’s managers need to feel more of a “sense of crisis” given the company’s low profitability and will be judged accordingly, Chief Executive Officer Yuki Kusumi said. Most Read ...
With deluge of pricey pool-filling mishaps, Japan schools hire out swim classes, tasks
The education board for the northeast Japan city of Kurihara, Miyagi Prefecture, announced on July 4 that the faucet for a school pool had mi ... ( read original story ...)
Commentary: The rise and fall of the ideal worker model in Japan
Companies are finding it difficult to attract and retain talent, as fewer young people aspire to lifelong employment and more value flexibility, says a professor from Hitotsubashi University Business ... ( read original story ...)
DMM Bitcoin hackers launder funds via the notorious Huione Guarantee marketplace
The DMM Bitcoin hack, involving over $305 million, sees its stolen funds laundered through Huione Guarantee, with potential links to North Korea's Lazarus Group.
Notorious North Korean Hacker Group Lazarus Suspected Of Laundering $35M From The Infamous $305M DMM Bitcoin Heist
In a major revelation, the notorious North Korean hacker group, Lazarus, is suspected of laundering over $35 million from the infamous hack of Japanese cryptocurrency exchange DMM Bitcoin.
AdvEn’s IPO Is A High-Risk Bet On Emerging Activated Carbon Tech
AdvEn, founded to develop activated carbon technologies, has filed proposed terms for an $8 million U.S. IPO. Click here to find out more about the ADVEN IPO.
From auto sector to startups, Japan companies see green shoots in Myanmar
Yazaki is a global leader in automotive wire harnesses, with facilities in 46 countries and regions, including Japan. The Myanmar plant, established in 2019, is its third newest. Operating on both day ... ( read original story ...)
Nissui Group moves to consolidate Japan tuna-farming business
With the consolidation, Nissui Maguro will receive bluefin tuna seedlings caught via purse seine by Nissui subsidiary Kyowa Suisan Co., use feed supplied by Nissui Group member Farm Choice Co., and ... ( read original story ...)
Why Japan is the envy of Australia’s desperate housing planners
Unlike in Japan, Australia’s restrictive planning rules and housing policy constrain the market’s ability to respond to rising demand. ( read original story ...)
Here’s Everything That Can Affect Crypto Markets This Week
Crypto markets are known for volatility and stock interrelationships. Bitcoin and altcoins have suffered from the selling pressure from the markets.
BlackRock’s Larry Fink embraces crypto: ‘I believe bitcoin is legitimate’
That was BlackRock Inc. co-founder and CEO Larry Fink saying his initial skepticism of cryptocurrencies like bitcoin has been abandoned, in an interview with CNBC on Monday.
Japan’s Kansai airport to take 30% more flights ahead of Osaka Expo
OSAKA -- Kansai International Airport agreed Monday to expand the frequency of flights in and out of the hub by about a third next spring, in time for the World Expo 2025 in Osaka. Kansai ... ( read original story ...)