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Posted on 19/01/2023

Japan court acquits utility executives in Fukushima disaster

A Japanese court on Wednesday found three former utility company executives not guilty of negligence over the 2011 Fukushima nuclear power plant disaster and the subsequent deaths of more than 40 ... ( read original story ...)

Posted on 19/01/2023

Japan: Nuclear plant execs acquitted over ‘man-made’ Fukushima disaster

Public anger is growing after a Tokyo court ruled that despite seismologists' warnings, TEPCO officials could not have anticipated the powerful earthquake and tsunami of March 2011. ( read original story ...)

Posted on 19/01/2023

Crypto broker Genesis prepares bankruptcy filing as soon as this week

Crypto broker Genesis is preparing to file for bankruptcy as soon as this week, according to people familiar with the matter, as the company works towards a deal with creditors after months of wrangling.

Posted on 19/01/2023

Crypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG

Crypto publication CoinDesk has engaged Lazard to mull a full or partial sale of the business, a subsidiary of Barry Silbert's Digital Currency Group.

Posted on 19/01/2023

AI Is Not the New Crypto

The torrent of investor money that flowed into crypto is now hitting the AI scene. We’re already seeing the results.

Posted on 19/01/2023

FTX Founder Gamed Markets, Crypto Rivals Say

Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors.

Posted on 19/01/2023

Asia-Pacific stocks set to drop, tracking losses on Wall Street

Shares in the Asia-Pacific are set to decline after tracking losses on Wall Street. In Australia, the S&P/ASX 200 dipped fractionally. The Nikkei futures contract in Chicago was at 26,515 while its ...

Posted on 19/01/2023

Japan logs trade deficit again in Dec as imports outpace exports -MOF

Japan's exports rose 11.5% in December from a year earlier while imports grew 20.6%, resulting in a trade deficit worth 1.45 trillion yen ($11.27 billion), Ministry of Finance data showed on Thursday.

Posted on 19/01/2023

Japan Exports Logged 22nd Straight Month of Growth in December

By Yang Jie Japan's exports rose for the 22nd consecutive month in December 2022, driven by overseas demand for autos and mineral fuels, Ministry of ...

Posted on 19/01/2023

Most Japan firms heed PM Kishida’s call to raise wages this year: Reuters Poll

More than half of Japanese companies are planning to raise wages this year, according to a Reuters monthly poll, meeting a key request from Prime Minister Fumio Kishida to help workers cope with ... ( read original story ...)

Posted on 19/01/2023

Japan Reinstates Its Domestic Travel Discount Program, Here’s Who Qualifies

Japan’s domestic travel discount program was suspended at the end of 2022 through the New Year holiday season, but it is back! ( read original story ...)

Posted on 19/01/2023

HeartCore Signs Sixth and Seventh Go IPO Agreement

HeartC, Inc. (“HeartCore” or the “Company”), a leading software development company, announced that it has signed an agreement (“Consulting Agreement”) with kk.BloomZ (“BloomZ”) and a Japanese ...

Posted on 19/01/2023

Japan’s extraordinarily expensive defence of its monetary policy

Yet defending the policy is becoming astonishingly costly. The boj’s difficult decisions are not going away. Yield-curve control was introduced by the bank in 2016 as part of an aggressive programme ...

Posted on 19/01/2023

Japan eyes 4.5 tril. yen rise in debt costs in FY 2026 on high yields

The Finance Ministry expects higher long-term interest rates to push up Japan's debt-servicing costs in fiscal 2026 by around 4.5 trillion yen ($35 billion) from the next fiscal year, government ...

Posted on 19/01/2023

Feds arrest Russian crypto operator on suspicion of criminal activities

US authorities arrested a Russian cryptocurrency executive who allegedly exchanged hundreds of millions of dollars with drug traffickers and cybercriminals.

Posted on 19/01/2023

DOJ charges founder of crypto exchange Bitzlato for processing $700M of illegal funds

In a press conference on Wednesday, the U.S. Department of Justice announced that it has arrested Anatoly Legkodymov, founder of crypto exchange Bitzlato, for allegedly processing over $700 million of ...

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