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Posted on 15/03/2023

Asia markets rebound ahead of China economic data release; U.S. inflation cools as expected

The U.S. consumer price index report for February came in at 0.4% and an annualized increase of 6%, in line with Dow Jones estimates. In Australia, the S&P/ASX 200 rose 0.64% as bank stocks rallied ...

Posted on 15/03/2023

Japan won’t face incidents like SVB collapse – finance minister

Japan's banking sector won't face incidents similar to the collapse of U.S. lender Silicon Valley Bank due to differences in the structure of bank deposits, Finance Minister Shunichi Suzuki said on ...

Posted on 15/03/2023

Factbox: How major Japanese firms are responding to wage hike demands

TOKYO, March 15 (Reuters) - Many Japanese companies will wrap up their annual "shunto" labour talks on Wednesday, although many have made early decisions with bullish plans, responding to government ... ( read original story ...)

Posted on 15/03/2023

Man breaks neck after falling through weakened fence into Osaka Pref. canal

OSAKA -- A man in his 70s broke his neck after falling into an agricultural canal, the Sakai Municipal Government in Osaka Prefecture announced on March 10. A fence had been installed at the canal in ... ( read original story ...)

Posted on 15/03/2023

Japan’s first manned ‘flying car’ test flight held in Osaka City

People in western Japan got a potential glimpse of the future on Tuesday as a flying car took off in a public park in central Osaka City. The transport ministry says the test marks the first time that ... ( read original story ...)

Posted on 15/03/2023

“Flying car” takes to the sky in Osaka

A US company developing a "flying car" for commercial launch in time for the Osaka World Expo in 2025 has conducted its first public test of the craft. ( read original story ...)

Posted on 15/03/2023

Japan’s big firms offer largest pay rises in decades

Big Japanese firms are set to offer the largest pay rises in a quarter century this year driven by inflation at 41-year high, in a sign that cash-rich firms may be warming to Prime Minister Fumio ... ( read original story ...)

Posted on 15/03/2023

South Korea’s Yoon Says Japan Deal Could Help Supply Chains for Chips

South Korea’s president sees a deal to end a feud with Japan opening the way to better business ties between the neighbors that could bolster global supply chains of semiconductors and steady their ...

Posted on 15/03/2023

The Light Is Flashing Yellow For Crypto In Singapore

If crypto firms focused primarily on such regulations, Japan would be an obvious choice as it has a more advanced regulatory system for digital assets than anywhere else in Asia. In fact, the biggest ...

Posted on 15/03/2023

Anchorage Digital Cuts 20% of Staff While Citing Crypto Regulatory Uncertainty

The crypto bank Anchorage Digital is the latest industry participant to slash staff as the sector continues to grapple with a major market downturn for digital assets. The financial services startup said Tuesday that it is laying off about 20% of its staff,

Posted on 15/03/2023

Bank of Japan board debated feasibility of tweaking yield curve control, January meeting minutes show

The board concluded it was premature to exit ultra-loose monetary policy now with inflation yet to sustainably achieve the BOJ's 2% target, the minutes say.

Posted on 15/03/2023

UPDATE 1-Japan won’t face incidents like SVB collapse – finance minister

TOKYO, March 15 (Reuters) - Japan’s banking sector won’t face incidents similar to the collapse of U.S. lender Silicon Valley Bank due to differences in the structure of bank deposits, Finance ...

Posted on 15/03/2023

Yoon: Seoul-Tokyo ties key to address N Korea, supply chains

South Korea’s president wants Japan to join his efforts to improve ties frayed over Tokyo’s past colonial rule, saying there is an increasing need for greater bilateral cooperation because of North ...

Posted on 15/03/2023

Japan won’t face incidents like SVB collapse – Finance Minister Suzuki

Japan's banking sector won't face incidents similar to the collapse of U.S. lender Silicon Valley Bank due to differences in the structure of bank deposits, Finance Minister Shunichi Suzuki said on ...

Posted on 15/03/2023

Japan’s Finance Minister Suzuki: The government and the BoJ both believe that achieving wage increases is critical

THE GOVERNMENT AND THE BOJ BOTH BELIEVE THAT ACHIEVING WAGE INCREASES IS CRITICAL.

Posted on 15/03/2023

Japan’s Suzuki: It’s goal of government to achieve pace of wage rises higher than that of inflation

Current joint statement stipulates BoJ goal of achieving price rises accompanied by wage hike. Meanwhile, Japan’s Chief Cabinet Secretary Hirokazu Matsuno said that they “hope the move of wage hikes ...

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