Japanese lender Aozora Bank Ltd. extended its losses on Friday, plummeting as much as 19% to the lowest since Feb. 2021. The stock tumbled by its daily limit Thursday on losses tied to US commercial ...
US Ospreys of same type as one in fatal Nov. crash flew over Tokyo: Mainichi probe
The U.S. Air Force CV-22 Osprey transport aircraft that crashed off Yakushima Island in Kagoshima Prefecture in November 2023 was in fact one ... ( read original story ...)
Chilean song gets second life as viral hit in Japan
STORY: This song has gone viral in Japan20 years after it first became a hit in ChileLocation: Renaca, ChileChristell Rodriguez first performed her hit ‘Dubidubidu’at a talent show when she was just ... ( read original story ...)
14 of the best places to visit in Japan
Between its mountainous interior and island-dotted seas, Japan packs in metropolises, temples and fine food. Here are the best places to target. ( read original story ...)
Japan’s Aozora Set for Second-Day Plunge After US Property Loss
Japanese lender Aozora Bank Ltd. is set to plunge for a second day after the stock tumbled 21% Thursday on losses tied to US commercial property. ( read original story ...)
Suspect arrested for murder of two women to undergo psychiatric tests
The Nagoya District Public Prosecutors Office has decided to have a 25-year-old man arrested on suspicion of killing two women in Nagoya in December undergo psychiatric tests to determine if he is ... ( read original story ...)
ANA planes in minor collision at Osaka airport, no one hurt
Two All Nippon Airways airplanes experienced a minor collision on Thursday at an airport straddling Osaka and Hyogo prefectures in we ... ( read original story ...)
How Much Power Does Crypto Use? The Government Wants to Know
The mining of bitcoin and other cryptocurrencies uses a lot of electricity -- more than many countries. Are you paying for it on your power bill?
Genesis reaches $21 million SEC settlement in bankruptcy wind-down
Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if Genesis is able to fully repay customers in its bankruptcy.
Nursing home acquisitions lift Parkway Life Reit’s H2 DPU by 2.1%
RECENT acquisitions of nursing homes lifted Parkway Life Reit’s distribution per unit (DPU) by 2.1 per cent to 7.48 cents, for the six months ended Dec 31, 2023. Read more at The Business Times. ( read original story ...)
Japan’s Aozora Bank tanks on U.S. property loan losses
Japan's Aozora Bank on Thursday flagged its first annual net loss in 15 years as it took massive loan-loss provisions for U.S. commercial property, sending its shares down more than 20%. ( read original story ...)
A $560 Billion Property Warning Hits Banks From N.Y. To Tokyo
The US commercial real estate market has been in turmoil since the onset of the Covid-19 pandemic. But New York Community Bancorp and Japan’s Aozora Bank Ltd. delivered a reminder that some lenders ... ( read original story ...)
China needs to learn lessons from 1990s Japan
The essence of their message revolved around two words: “clearing prices”. As Japan reeled from the collapse of the 1980s property bubble, US officials urged its government to inject transparency into ... ( read original story ...)
Top Crypto Gainers Today Feb 1 – Render, Aptos, ApeCoin, Immutable
ApeCoin increased by 8.49% to reach $1.509693, catapulting it into the top crypto gainers today. Alongside, investors traded about $427.19 million in volumes, indicating significant activity. In ...
Larry David says he was an ‘idiot’ for starring in an FTX crypto ad in 2022
The commercial was made by FTX, which was started by Sam Bankman-Fried. Back then, Bankman-Fried was a rockstar crypto leader, but in 2023 he was convicted of fraud. The ad debuted during the 2022 ...
Crypto firm Polygon Labs to cut 60 jobs in fresh round
Cryptocurrency firm Polygon Labs plans to cut 60 jobs globally, or about 19% of its workforce, the company said in a blog post on Thursday, marking a second round of layoffs amid a nascent recovery in ...