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Posted on 10/02/2023

Japan’s Honda boosts profit despite chips crunch, COVID

Honda is reporting a 27% jump in its October-December profit, despite headwinds like shortages of computer chips and rising costs of raw materials ... ( read original story ...)

Posted on 10/02/2023

Japan Set to Appoint Kazuo Ueda as Next BOJ Governor -Nikkei

The Japanese government plans to appoint Kazuo Ueda, an economist and former member of the BOJ Policy Board, as the central bank's next governor after Haruhiko Kuroda steps down, the Nikkei business ... ( read original story ...)

Posted on 10/02/2023

Marcos accompanied by 114 businessmen in Japan trip

President Ferdinand Marcos Jr. is accompanied by over 100 businessmen on his five-day official visit in Japan in a bid to fetch investments to boost the country's economy and generate jobs. ( read original story ...)

Posted on 10/02/2023

Crypto exchange Kraken settles with SEC for $30 million, will close U.S. staking operation

Crypto exchange Kraken will shutter its U.S. staking operation and will pay a $30 million settlement. The SEC said Kraken failed to register the offer and sale of the crypto asset staking-as-a-service program. Crypto exchange Kraken will shutter its U.S ...

Posted on 10/02/2023

Bank of Japan’s Kuroda has ‘set the stage’ for his successor, says financial services firm

Jesper Koll of Monex Group discusses the differences between the two front-runners for the position of Bank of Japan's next governor, Masayoshi Amamiya and Hiroshi Nakaso.

Posted on 10/02/2023

Kishida wants the next Bank of Japan governor to be a ‘hawk,’ says strategist

Nicholas Smith of CLSA says Japanese Prime Minister Fumio Kishida's "support rate is getting hammered because of … inflation." ...

Posted on 10/02/2023

UPDATE 1-Bank of Japan says it will provide 5-year loan to market

The Bank of Japan said on Friday it will extend five-year loans against collateral to financial institutions, part of its efforts to defend its yield curve control policy. This is the third time since ...

Posted on 10/02/2023

Japan govt. to announce candidate for BOJ chief on Tuesday

Japan's government will present the names of its candidates for next head and deputy heads of the central bank to the Diet on Tuesday.

Posted on 10/02/2023

Bank of Japan chief nominee to be presented to Diet on Tuesday

Japan's major political parties agreed Friday that the government's nominee for the next Bank of Japan governor will be presented to parliament on Tuesday as incumbent Haruhiko Kuroda's five-year term ...

Posted on 10/02/2023

Japan’s Imperial Couple meet Philippine first couple in Tokyo

Emperor Naruhito and Empress Masako met with Philippine President Ferdinand Marcos Jr. and his wife Louise Araneta-Marcos at the Imperial Pal ... ( read original story ...)

Posted on 10/02/2023

Heavy snow disrupts transportation in Tokyo, warning issued

TOKYO Feb 10 Xinhua -- A heavy snow warning was issued for central Tokyo on Friday by the weather agency here with the inclement weather disrupting transpo ... ( read original story ...)

Posted on 10/02/2023

Japan’s Eneos cuts profit forecast on lower oil price, stronger yen

Japanese oil and metals giant Eneos Holdings Inc on Friday revised its full-year net profit forecast down by 58% to 140 billion yen ($1 billion), as it expected lower oil prices and stronger yen to ... ( read original story ...)

Posted on 10/02/2023

Tokyo Olympics bid-rigging: ex-Dentsu, other ad execs arrested

The Tokyo Olympics bid-rigging saga tainting ad giants Dentsu, Hakuhodo, ADK and others in Japan has resulted in four fresh arrests ... ( read original story ...)

Posted on 10/02/2023

Buyback After Elliott Pressure Drives Record Gain in Tokyo Stock

Dai Nippon Printing Co. surged the most on record after it announced plans for its largest-ever stock buyback following pressure from activist investor Elliott Management Corp. ( read original story ...)

Posted on 10/02/2023

Heavy snow warnings issued for central Tokyo, Saitama

Japanese weather officials have issued heavy snow warnings for central Tokyo and Saitama Prefecture, located north of the capital. It's the first warning of its kind for central Tokyo since January 6, ... ( read original story ...)

Posted on 10/02/2023

SEC Intensifies Crypto Enforcement With Exchange Settlement

Digital asset platform Kraken agreed to stop offering so-called crypto staking services in the U.S. and pay $30 million in penalties.

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