Capital Economics’ Tay sees a tough 2023 for Japan. “As for 2023, Japan will be dragged into a mild recession in H1 by a global downturn that will weigh on exports and business investment.” For more ... ( read original story ...)
Japan gov’t to submit security footage to court over death of detained Sri Lankan
The Japanese government informed the Nagoya District Court on Nov. 14 that it will submit security camera footage as evidence in a lawsuit o ... ( read original story ...)
Take a peek behind the scenes at Nagoya Castle for this special art viewing
Some parts of Nagoya Castle are open to the public for the very first time this autumn for a special two-week event ... ( read original story ...)
2 dead, 3 injured after crane truck collides with vehicle near Tokyo
A crane truck collided with a passenger car on Tuesday in Ibaraki Prefecture near Tokyo, leaving two men dead and three others ... ( read original story ...)
Japan’s Daiichi Sankyo says mRNA COVID vaccine successful in booster trial
Japan's Daiichi Sankyo Co said on Tuesday its mRNA-based COVID-19 vaccine had reached its primary endpoint in a trial of the shot as a booster. In a trial of about 5,000 Japanese adults, those who had ... ( read original story ...)
Japan’s economy shrinks as consumers reduce spending
The Japanese economy contracted at an annual rate of 1.2% in the July-September quarter, as consumption declined amid rising prices.
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
Binance, Crypto.com execs tell investors to ‘ask me anything’ following the fall of FTX
Both Binance and Crypto.com hosted live question-and-answer sessions on Monday morning in an attempt to reassure investors that the cryptocurrency exchanges won’t meet the same fate as FTX, which ...
Crypto lender BlockFi will ‘explore all options’ to deal with the fallout from FTX’s bankruptcy after it took a $250 million loan from the exchange
Crypto lender BlockFi, which got an emergency loan from FTX, said it has assets tied up with the bankrupt exchange and can't run "business as usual." ...
Fed’s top financial regulator urges ‘guardrails’ for crypto
The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies in the wake of the swift collapse last week of FTX, a ...
Customers who trusted crypto giant FTX may be left with nothing
As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can't access their money expect to get back from FTX, the crypto ...
Binance CEO opens up about circumstances surrounding FTX deal, crypto exchange’s downfall
Yahoo Finance crypto reporter David Hollerith details Binance CEO Changpeng Zhao's plan for a relief fund for developing crypto projects, in addition to the crypto executive explaining the ...
Sam Bankman-Fried’s Collapsed Crypto Empire Creates Regulatory Chaos In Washington
Sam Bankman-Fried was a regular on the D.C. legislative circuit. Now that he's left the picture, competing laws will fight for regulatory superiority.
Tokyo taxi fares rise for 1st time in 15 years with base fare up almost 20%
TOKYO -- Taxi fares in Tokyo's 23 wards and some of its suburbs rose from Nov. 14 for the first time in about 15 years, with the base fare raised from 420 yen (about $3) to 500 yen. The new fare ... ( read original story ...)
Japan’s economy unexpectedly shrinks as hot inflation, global slowdown take toll
Japan's economy unexpectedly shrank for the first time in a year in the third quarter, as global recession risks, a weak yen and sharply higher import costs took a toll on household consumption and ... ( read original story ...)
Japan’s Q3 GDP Unexpectedly Shrinks as Soaring Inflation, Global Slowdown Take Toll
Japan's economy unexpectedly shrank in the third quarter, the first contraction in a year as cooling global growth and higher import costs took a toll on household consumption and business activity. ( read original story ...)