Covid-19, crashing property values, inflation, Nancy Pelosi, you name it. But the Chinese president’s biggest problem might be in Tokyo. Something strange is going on amongst Chinese banks: a whole ...
No worries about U.S. demand for now, Japan’s Subaru says
Japan's Subaru Corp expects strong demand from U.S. car buyers to continue, a senior executive said on Wednesday, amid growing concern about a slowdown in the world's largest economy. Chief Financial ...
Japan’s Nikkei rises as investors pick up firms with positive earnings
Japan's Nikkei index ended higher on Wednesday, rebounding from the previous session's losses, as investors scooped up shares of Daikin Industries and other firms that reported robust earnings. The ...
A Japanese cabin in the woods became a Covid escape for two Hongkongers, and was a source of inspiration for their work
The co-founders of AB Concept, who designed Argo at the Four Seasons Hotel Hong Kong, spent 27 months in their holiday home in a Japanese forest avoiding Covid The duo have emerged with more projects ... ( read original story ...)
New York regulators slap Robinhood’s crypto business with $30 million fine
In the latest in what seems to be a string of challenges the company has to grapple with, Robinhood's crypto division has been slapped with a $30 million fine by the New York State Department of ...
Are There Opportunities In Emerging Markets, Metaverse Or Crypto Right Now? What Legendary Investor Mark Mobius Thinks
Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, is not piqued by the metaverse but thinks the companies that are creating it could be an interesting opportunity. He also ...
Two Orange County men sentenced to federal prison for $1.9-million crypto scheme
The men conned more than 2,000 investors into buying a cryptocurrency called Drops and used the invested money to line their own pockets, prosecutors said.
The crypto crash is bad news for ransomware criminals
As the price of bitcoin and other crypto tokens has tumbled, even criminals have felt the pinch. Benjamin Pimentel ( @benpimentel) covers crypto and fintech from San Francisco. He has reported on many ...
Robinhood lays off 23% of its staff, blaming crypto meltdown and inflation.
Robinhood declined to comment on the layoffs. The announcement followed closely on the heels of cuts in April, when Robinhood laid off 340 workers, or about 9 percent of its employees at the time.
NY fines Robinhood Crypto $30M for skirting banking rules
An examination of operations found the company's compliance with banking regulations had not kept up with growth.
Japan’s Nomura Q1 Net Profit Slumps 96.5% on Market Headwinds
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, on Wednesday reported a 96.5% drop in first-quarter net profit as financial market turbulence battered investment banking and asset ...
Global Deployment of Daigas Group’s Onsite Hydrogen Generation Technology with Hyundai Rotem Company
Daigas Gas and Power Solution Co., Ltd. ("DGPS"), a 100% subsidiary of Osaka Gas Co., Ltd. (TOKYO: 9532), has established an expanded business collaboration for onsite hydrogen generator technology ...
Tennis-Japan’s Osaka makes winning return, sets up Gauff showdown
Four-time major winner Naomi Osaka returned to action for the first time since May with a 6-4 3-6 6-1 win over Zheng Qinwen at the Silicon Valley Classic on Tuesday, setting up a mouth-watering clash ... ( read original story ...)
Wife of Navy Lieutenant imprisoned in Japan reveals young child’s response
The spouse of Navy Lt. Ridge Alkonis said his sentence to three years in a Japanese president has been hard, most notably for their children who are without their father. ( read original story ...)
Japan’s services sector nearly stagnates in July – PMI TOKYO
Japan's services sector activity almost completely stagnated in July as rising inflation and growing economic uncertainty weighed on sentiment. ( read original story ...)
Stock Market LIVE Updates: Tokyo shares open higher with eyes on US-China tension
Tokyo stocks opened higher Wednesday, as investors snapped up shares with strong corporate earnings while monitoring the impact of US House Speaker N ... ( read original story ...)