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.
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 ...
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 ...
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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." ...
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 ...
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.
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 ...
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 ...
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.
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 ...)