Foxconn, the world's largest contract electronics maker, reported a 56% plunge in first-quarter net profit, due to a T$17.3 billion ($553 million) writedown related to its 34% stake in Japanese electronics maker Sharp. ( read original story ...)
How Tom Brady’s Crypto Ambitions Collided With Reality
The superstar quarterback is among the celebrities dealing with the fallout from the crypto crash. Others, like Taylor Swift, escaped.
‘Collapse of the crypto bubble’: Job listings tumble as much as 80% in major U.S. cities
The decline mirrors the troubled times in the industry, which has seen crypto prices drop, prominent companies collapse, and sector leaders outed as scammers. Major U.S. cities from New York to Los ...
Japan stocks lower at close of trade; Nikkei 225 down 1.70%
Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Railway & Bus and Retail sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 1.70%. The best performers of the session
Toyota to suspend packaging line after cyberattack on Japan port
TOKYO (Reuters) -Toyota Motor plans to suspend operations at a packaging line for export-bound components on Friday, the automaker said on Thursday, after a cyberattack at Japan's biggest port triggered a system glitch and stalled work for more than two days. ( read original story ...)
4 arrested in Tokyo on suspicion of operating unlicensed taxis
Tokyo police have arrested four people on suspicion of operating unlicensed taxi services. The suspects allegedly used their own cars to pick up customers in the Ginza district from January to June. ( read original story ...)
Former Clifford Chance, K&L Gates Lawyers Launch Own Practice in Tokyo
Aquaxis currently has five partners, including former Clifford Chance and K&L Gates lawyers, Atsushi Yamashita, Naoki Watanabe and Ayuko Nemoto. ( read original story ...)
Japan, ASEAN justice ministers discuss cooperation in Tokyo meeting
Justice ministers from Japan and members of the Association of Southeast Asian Nations are meeting in Tokyo to discuss cooperation in the field of law and justice. Japan's Justice Ministry is hosting ... ( read original story ...)
London Wants American Crypto Refugees
Sunak’s enthusiasm for crypto, however, remains intact. On June 11, he celebrated the launch of a London office by venture capital firm Andreesen Horowitz (a16z)—one of whose funds has invested $7.6 billion into crypto—by saying, once again, that he is determined to “turn the UK into the world’s Web3 center.”
‘Little Ukraine’ in Osaka: Restaurant looks to serve as community for evacuees in Japan
A restaurant that will serve traditional Ukrainian home cooking is set to open in this city's Abeno Ward on July 7, with evacuees from the wa･･･ ... ( read original story ...)
Tokyo stocks fall for 3rd straight day on global economy concerns
Tokyo stocks declined for the third straight day Thursday as expectations for more interest rate hikes in the United States fueled gl ... ( read original story ...)
South Korea, Japan leaders due to meet on sidelines of NATO summit -Seoul
South Korean President Yoon Suk Yeol will attend a NATO summit in Lithuania next week, Yonhap news agency reported on Thursday. ( read original story ...)
Foxconn Chairman Holds Talks With Sharp Employees in Japan -Sources
Foxconn, the world's largest contract electronics maker, reported a 56% plunge in first-quarter net profit, due to a T$17.3 billion ($553 million) writedown related to its 34% stake in Japanese electronics maker Sharp. ( read original story ...)
China hosts Russian warships that passed by Taiwan, Japan
China hosted two Russian warships that had earlier sailed past Taiwan and Japan, and the vessels are expected to hold a joint drill with the Chinese navy during their visit, demonstrating the enduring military cooperation between the two countries. ( read original story ...)
Japan’s Nagoya Port to resume operations on Thursday after cyberattack
The port of Nagoya in central Japan is to resume container operations on Thursday afternoon after a cyberattack. The Nagoya Harbor Transportation Association says the port's computer system was ... ( read original story ...)
LockBit louts unload ransomware at Japan’s most prolific cargo port
Nagoya Harbor hit the rocks yesterday but looks to be afloat once more The port of Nagoya – which shifted 2.68 million shipping containers and 164 million tons of cargo in 2022 – has moved precious ... ( read original story ...)