The administrator winding down what remains of Terraform Labs is seeking $4 billion in damages.
Scientists unearth clues to understand what made the 2011 tsunami in Japan so massive
The fault that produced the earthquake lies between two pieces of hard rock sandwiching a slippery clay layer, allowing for significant slip. ( read original story ...)
Krispy Kreme sells Japanese business to Unison Capital
After 20 years, Krispy Kreme (DNUT) is leaving Japan after the donut maker sold its operations in the country to Unison Capital for ~$65M. Since launching in Shinjuku, Japan in 2005, Krispy Kreme ... ( read original story ...)
Tennis-Osaka cuts ties with agency she co-founded
Four-times Grand Slam champion Naomi Osaka is leaving Evolve, the sports agency she helped create in 2022, the former world number one announced on Friday while leaving her next destination unclear. ( read original story ...)
Naomi Osaka is leaving the sports agency she co-founded
Naomi Osaka is leaving Evolve, the sports agency she co-founded with longtime agent Stuart Duguid, she announced on Friday. Osaka's statement confirmed reporting by Ben Rothenberg at Bounces from a ... ( read original story ...)
Naomi Osaka breaks silence after leaving her own agency
On Thursday, tennis reporter Ben Rothenberg of Bounces broke the exclusive story of Naomi Osaka leaving Evolve and parting ways with her longtime agent, Stuart Duguid. ( read original story ...)
Japan’s 10-Year Bond Yield Hits 2% for First Time Since 2006
Japan’s 10-year government bond yield hit the 2% milestone for the first time since 2006 after the Bank of Japan raised its benchmark interest rate to the highest in 30 years. ( read original story ...)
Zoo visitors in Japan queue for four hours to say goodbye to pandas
A zoo in Japan has been imposed strict viewing limits as massive crowds queue to see Japan’s last remaining giant pandas before they leave. ( read original story ...)
Nikkei jumps 1.5% after Bank of Japan raises rates to highest in 30 years; all eyes on Governor Ueda’s presser
Japanese stock markets reacted positively to the Bank of Japan's expected interest rate hike, with the flagship Nikkei 225 surging as much as 1.42% following the announcement.
Asian shares advance after Japan raises its key interest rate to its highest level in 30 years
Shares are moderately higher in Asia and U.S. futures are mixed after the Bank of Japan raised its key policy rate to its highest level in 30 years.
Japan finance minister warns of action against any excessive forex moves
Japanese Finance Minister Satsuki Katayama said on Friday that Tokyo would take appropriate action to deal with any excessive volatility in the foreign exchange market.
Krispy Kreme, looking to pay off debt, is selling its Japan business
The doughnut chain is selling its operations in Japan to Unison Capital for $65 million. It is the first international franchise agreement ... ( read original story ...)
Japan’s central bank hikes interest rate to highest in 30 years
The market’s focus is now on the timing for future hikes, with most Bank of Japan watchers anticipating the pace will be once every six months.
Bank of Japan hikes rates to highest in 3 decades but remains vague on ‘neutral’ destination
Higher rates, however, risk exacerbating the downturn in Japanese economy. Revised GDP numbers for the third quarter showed that economy shrank more than initially estimated, contracting 0.6% quarter ...
Japan’s MUFG to invest $4.4 billion for 20% stake in Shriram Finance
MUFG’s investment in Shriram Finance has added to the momentum of activity in the financial services space in the Indo-Japan corridor. The transaction combines SFL’s established domestic franchise and ...
Tokyo govt. urging public not to buy designated drug etomidate
The Tokyo Metropolitan Government has learned that a drug whose possession and use is banned in Japan is being sold online. It is urging people not to buy the product. ( read original story ...)