Citizens groups have filed an urgent petition with the Tokyo Metropolitan Government calling for it to secure lodgings for those in need to s ... ( read original story ...)
Tokyo stocks edge up on weak yen, US monetary tightening fears
Tokyo stocks were slightly higher Tuesday morning as buying of exporter issues on a weaker yen helped offset concerns about a negativ ... ( read original story ...)
Japan’s economy will probably enter a recession in 2023, economist says
Marcel Thieliant of Capital Economics says the recession will be mostly driven by a drop in exports, and it would be “very brave” to tighten monetary policy under such conditions. ( read original story ...)
Russia deploys defence missile system on Kuril island near Japan
Russia's defence ministry has said it has deployed mobile coastal defence missile systems on a northern Kuril island - part of a strategically located chain of islands that stretch between Japan and the Russian Kamchatka Peninsula. ( read original story ...)
KuCoin Hires Auditor To Deliver Report On Exchange’s Reserves: Which Crypto Holdings Will Be Analyzed?
Major cryptocurrency exchange KuCoin has hired auditor Mazars to confirm its proof of reserves in a third-party factual findings report, days after rival exchange Binance did the same. According to a ...
Japanese stocks inch higher as chip makers, exporters gain
Japanese shares inched higher on Tuesday, underpinned by gains in chip-related stocks and as exporters advanced after the yen weakened against the dollar overnight. The Nikkei share average rose 0.29% ...
Bank of Japan seen to ditch yield cap next year as inflation perks up
TOKYO - The Bank of Japan (BOJ) may abandon its 10-year bond yield cap as early as next year on growing prospects that inflation and wages will overshoot expectations, said Takeo Hoshi, an academic ...
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Unless you have been underwater for over a year, you probably know that selling risk assets like U.S. stocks and bitcoin (BTC) and buying the ...
Warren Buffett-Backed BYD To Sell EVs In Japan By Early 2023
After announcing its Mexico foray, Warren Buffett-backed BYD Co.‘s (OTC:BYDDF) Japanese division said it would start selling its first battery electric vehicles in the country early next year. What ...
2022: The Year That Bitcoin Came Of Age And Fiat Showed Its Ugly Side; The Case For A Monetary Escape Hatch
If you’ve been ambivalent on bitcoin until now, then 2022 might just be the year that persuades you of its merits - and that’s despite the onset of crypto winter, and headline-grabbing price declines ...
First Mover Asia: Bitcoin Hovers Near $17.3K, but Does It Have Staying Power?
Headlines Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain: Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout ...
Jim Cramer urges investors to exit crypto – ‘it’s never too late too sell’
The collapse of FTX, the bankrupt cryptocurrency exchange that was worth $32 billion at its peak, has thrown the crypto space under intense scrutiny.
Ordinary Investors Who Jumped Into Crypto Are Saying: Now What?
Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry.
Texas’s crypto mining boom is starting to look more like a bust
In an effort to become a haven for crypto mining, Texas has aggressively lured miners with cheap power and favorable regulations, prompting many to take out billions in loans to buy pricey machines and build out infrastructure.
Crypto Pressure Ratchets Up as FTC Probes Several Firms Over Ads
The US Federal Trade Commission is probing several crypto firms over allegations their advertisements were deceptive or misleading, the agency said Monday.
Salt Lake City, Sapporo and Vancouver all expected to be discussed
International Olympic Committee leaders will hear a report about the cities bidding to host the 2030 Winter Games — Salt Lake City, Sapporo and Vancouver — but a decision on which should advance to ... ( read original story ...)