Japan's government on Thursday compiled a package of measures to cushion the economic blow from inflation that will involve spending of more than 17 trillion yen ($113 billion), a move that could ... ( read original story ...)
Japan’s Kishida: Will prod firms to hike wages next year more than 2023
Japanese Prime Minister Fumio Kishida said on Thursday he will prod companies to achieve wage hikes in 2024 that exceed levels seen this year."We hope to ensure that growth in household income exceeds ... ( read original story ...)
Crypto Push Splits Bulls and Bears at $900 Billion Fund Manager
DWS Group, the $900 billion German asset manager which is preparing to introduce crypto exchange-traded funds, is a case in point. “One camp of people in my group is saying forget it, the value of crypto is zero,
Japan’s GDP likely shrank in Q3 as China slowdown hits exports
Japan's economy likely shrank in the July-September period, the first contraction in four quarters, according to a Reuters poll, heightening challenges for the central bank's exit from ultra-loose monetary policy. ( read original story ...)
Akie Iwai of Japan leads LPGA’s Japan Classic with an opening round 9-under 63.
Akie Iwai of Japan has shot a 9-under 63 to lead the first round of the LPGA’s Toto Japan Classic. Three other Japanese players — Nasa Hataoka, Yuna Nishimura, and Mone Inami — were a stroke back after rounds of 64 at the Taiheiyo Club in north central Japan. ( read original story ...)
Japan OKs Osaka expo construction budget of up to 235 bil. yen
The government announced on Thursday that it has approved the projected 235 billion yen ($1.6 billion) cost for constructing the venue for the 2025 World Exposition in Osaka, nearly double the ... ( read original story ...)
Japan’s Nikkei tops 32,000 for first time in two weeks as chips shine
Japan's Nikkei share average crossed the key psychological 32,000 mark on Thursday for the first time in two weeks amid bets for an end to the Federal Reserve's monetary tightening cycle and a peak in U.
The Bank of Japan’s Early Warning for the U.S.
Obsessing over the Federal Reserve is understandable, but the Bank of Japan’s decision this past week to relinquish control over government bond yields is a reminder that investors ignore other ...
Japan’s Mitsui to Buy 12.7% Stake in Axiata’s Digital and Analytics Unit
(Reuters) - Japanese trading house Mitsui will take a 12.69% stake in Axiata Group's digital and analytics unit, the Malaysian telecommunications conglomerate said on Thursday. Mitsui will invest $58 million in Axiata Digital & Analytics (ADA) through ADA's holding company, Axiata Digital Services. ( read original story ...)
SoftBank Corp raises $800 mln through Japan’s first listing of bond-type shares
Japan's SoftBank Corp's bond-type shares were listed on the Tokyo Stock Exchange on Thursday in the first such listing in Japan, raising a total of 120 billion yen ($799 million) on strong retail and institutional investor demand. ( read original story ...)
Japan’s Nikkei tops 32,000 for first time in two weeks as chips rally
TOKYO, Nov 2 (Reuters) - Japan's Nikkei share average crossed the key psychological 32,000 mark on Thursday for the first time in two weeks amid bets for an end to the Federal Reserve's monetary tightening cycle and a peak in U.S. yields. Chip-related ...
The Japanese yen’s underlying forces are so weak the currency is in the ‘same league’ as the Argentine peso and Turkish lira, Deutsche Bank says
Intervention by the Bank of Japan in currency markets won't help the yen, and may actually backfire, an analyst said.
SoftBank’s Pioneering Bond-Type Stock Starts Trading in Tokyo
SoftBank Corp.’s corporate bond-type stock traded on the Tokyo Stock Exchange today at slightly more than the offering price, in the first listing of its type in Japan. Most Read from ...
FTX: Prosecutors accuse Crypto King Sam Bankman-Fried of ‘deceit’
Prosecutors have accused former crypto boss Sam Bankman-Fried of deceit as his US fraud trial draws to a close, claiming he repeatedly lied to customers, the public and the jury. Mr Bankman-Fried is facing charges of fraud and money laundering.
Tokyo’s trash-picking samurais keep streets clean
Trash collectors in samurai costumes took to Tokyo's streets on Wednesday (November 1), theatrically wielding garbage tongs and flicking litter left from an evening of Halloween revelry into wicker baskets on their backs. ( read original story ...)
Man dies after Yokohama emergency crew sent to wrong address, arrives 3 min. late
Firefighters arrived three minutes late to the scene of a medical emergency here after a dispatcher made a mistake inputting the address, ... ( read original story ...)