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Posted on 14/12/2022

FTX crypto boss Sam Bankman-Fried denied bail in Bahamas

Fried, founder of the failed cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas. US authorities charged Mr Bankman-Fried with "one of the biggest financial frauds in US history" on Tuesday.

Posted on 14/12/2022

Japan to radically overhaul defense policy on China threats

TOKYO: Japan is expected to announce its biggest defense overhaul in decades this week, hiking spending, reshaping its military command and acquiring new missiles to tackle ...

Posted on 14/12/2022

Bank of Japan policy review likely in 2023, economists say

All 47 economists polled expect no change in the BOJ’s negative interest rate and yield curve control program at the end of the two-day gathering on Dec. 20.

Posted on 14/12/2022

Yokohama Rubber makes it to CDP’s 2022 climate change ‘A list’

Japanese tyremaker Yokohama Rubber has been recognised for it by the global environmental non-profit CDP. The tyremaker made it to CDP’s ‘A List’ for tackling climate change as it got recognition for ... ( read original story ...)

Posted on 14/12/2022

‘Road sleeping’ deaths soar in Tokyo as socialising returns to pre-Covid levels

Authorities concerned that death toll from people being hit by cars while sleeping on roads will increase further as end-of-year party season begins ... ( read original story ...)

Posted on 14/12/2022

Tokyo prosecutors interview LDP lawmaker over unreported political funds

Prosecutors in Tokyo conducted a voluntary interview of a ruling Liberal Democratic Party lawmaker over an alleged failure to report political funds. ( read original story ...)

Posted on 14/12/2022

Japan’s Formin Making Arrangements to Visit China, Meet Counterpart This Month – NHK

Japanese Foreign Minister Yoshimasa Hayashi is making arrangements to visit China and meet with his counterpart Wang Yi, NHK public television reported on Wednesday. The meeting, if carried out, would ... ( read original story ...)

Posted on 14/12/2022

LA Council approves funding for Little Tokyo Business Improvement District

LOS ANGELES – Los Angeles Councilman Kevin de León may have been chased from the council chamber Tuesday but was able to vote on several items — including on a motion that he filed himself last week. ( read original story ...)

Posted on 14/12/2022

Crypto’s Binance Seeks to Reassure Over Reserves, Says Debt Free

Binance Holdings Ltd., the world’s largest crypto exchange, sought to counter concerns about outflows by reiterating its position that user assets are underpinned by reserves while also flagging an absence of debt.

Posted on 14/12/2022

Where did the money go in FTX crypto collapse?

Current FTX CEO John J. Ray III, a corporate restructuring expert who handled the restructuring of bankrupt energy trader Enron, appeared before the House Financial Services Commi

Posted on 14/12/2022

Jim Cramer says crypto and high wages need to crash for the Fed to beat inflation

Stocks ended the day up on Tuesday after the monthly consumer price index report showed that prices rose less than expected in November.

Posted on 14/12/2022

Two of this year’s biggest Japan IPOs set for stock-market debut

Shares of two of Japan’s largest initial public offerings this year jumped in Tokyo after both companies successfully priced shares at the top of the marketed range.

Posted on 14/12/2022

Japan expected to announce big shift in defence policy in view of China threats

The shift is the result of Tokyo's fears about China's growing military strength and regional posturing, as well as threats ranging from North Korean missile launches to Russia's invasion of Ukraine ...

Posted on 14/12/2022

Key Points Of Japan’s New Defence Strategy

Japan will soon outline plans to drastically expand its defence capabilities over the next five years in response to threats from China and nuclear-armed North Korea.

Posted on 14/12/2022

Japan manufacturers’ mood worsens as cost pressures bite

Japanese manufacturers' mood soured in the final quarter of 2022 to the lowest in nearly two years, a central bank survey showed, as cost pressures and the prospects of slowing global demand clouded ...

Posted on 14/12/2022

UPDATE 2-Japan ruling party tax chief says panel agrees to raise taxes for defence boost

Senior officials of Japan’s ruling Liberal Democratic Party’s tax panel agreed on Wednesday to raise corporate and tobacco taxes and an income tax designed for disaster reconstruction to fund the ...

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