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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

Factbox-Japan Ramps up Efforts to Strengthen Its Chip Industry

U.S. memory chipmaker Micron Technology said in May it planned to invest up to 500 billion yen ($3.5 billion) in extreme ultraviolet technology (EUV) over the next few years with support from the ... ( read original story ...)

Posted on 26/06/2023

Japan’s Mitsubishi UFJ to buy Indonesia auto loan firm Mandala for US$467 million

TOKYO/SINGAPORE: Mitsubishi UFJ Financial Group said on Monday (Jun 26) it was buying Indonesian auto loan provider Mandala Multifinance for 7 trillion rupiahs (US$467 million) to deepen its Asian ... ( read original story ...)

Posted on 26/06/2023

Japan protests Russia’s declaring Sept 3 as day of victory over ‘militaristic’ Japan

Japan has lodged a protest against Russia over the country's decision to declare Sept. 3 a day of victory over "militaristic Japan" - a move it said would fan mutual antagonism, the top government spokesperson said on Monday. ( read original story ...)

Posted on 26/06/2023

Japan’s Kurobe Dam begins water discharge event, delighting tourists

TOYAMA (Kyodo) -- Kurobe Dam, a tourist hotspot located in the Northern Alps in Toyama Prefecture in central Japan, began its annual water discharge event on Monday. The dam, Japan's tallest, releases 10 to 15 tons of water per second from the middle of ... ( read original story ...)

Posted on 26/06/2023

Japan’s Mitsubishi UFJ to buy Indonesia auto loan firm Mandala for $467 million

Mitsubishi UFJ Financial Group said on Monday it was buying Indonesian auto loan provider Mandala Multifinance for 7 trillion rupiah ($467 million) to deepen its Asian presence and tap consumption growth in emerging markets. ( read original story ...)

Posted on 26/06/2023

MUFG to Buy Indonesian Car Loan Company for $467 Million: Nikkei

Mitsubishi UFJ Financial Group will buy Mandala Finance, an automobile loan provider in Indonesia, for 7 trillion rupiah ($467 million), Nikkei reported. ( read original story ...)

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 ...

Posted on 26/06/2023

Tokyo Stocks Open Lower With Eyes On Central Banks

Tokyo stocks opened lower on Monday after falls in global markets, with investors watching additional rate-hike plans by central banks to combat inflation.

Posted on 26/06/2023

Japan Fund Eyes JSR Buyout as Tokyo Ramps up Chip Intervention

JSR's local peers include Tokyo Ohka Kogyo, Shin-Etsu Chemical and Sumitomo Chemical. Tokyo Ohka shares jumped 15% on the news. JIC would spend about 1 trillion yen on the JSR acquisition, the Nikkei ... ( read original story ...)

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