Japan’s chronic labour shortage is likely to keep upward pressure on wages, the BOJ said in its latest Outlook for Economic Activity and Prices. Japan’s large service sector firms are facing the worst ... ( read original story ...)
Bitcoin turns positive after overnight sell-off briefly pulls it below $56,000
Bitcoin briefly slid back toward $55,000 overnight as it caught up with Tuesday's broader market sell-off. Tech stocks struggled in U.S. trading Tuesday, with the sector coming off its worst day since ...
Nikkei slips as other Asian markets rebound from Wednesday’s sell off
Asia-Pacific markets mostly rebounded on Thursday from the sell-off the day before, except markets in Japan. The Nikkei 225 and Topix fell 0.92% and 0.49%, respectively on open, shortly after the release of Japan's July wage data.
Nikkei slips as other Asian markets rebound from Wednesday’s sell off
Asia-Pacific markets mostly rebounded on Thursday from the sell-off the day before, except markets in Japan. The Nikkei 225 and Topix fell 0.92% and 0.49%, respectively on open, shortly after the release of Japan's July wage data.
3 Japanese Growth Companies With High Insider Ownership Returning Up To 25% ROE
Japan's stock markets have shown resilience, with the Nikkei 225 and TOPIX indices recovering much of their earlier losses by the end of August. This rebound comes amid a backdrop of rising inflation and a hawkish stance from the Bank of Japan,
Tokyo stocks open lower on weak tech issues, stronger yen
Tokyo stocks opened lower Thursday as technology shares tracked overnight declines by their U.S. counterparts, while export-oriented ... ( read original story ...)
Man arrested for drive-by theft of woman’s bag on Tokyo street
Police in Tokyo have arrested a 27-year-old unemployed man on suspicion of snatching a bag containing cash and other items from a woman who was walking along a sidewalk in July. According to police, ... ( read original story ...)
Japan inflation-adjusted wages rise for two straight months in July
Japan's inflation-adjusted wages rose for two consecutive months in July thanks to a bump in summertime bonuses, government data showed on Thursday. Real wages in the world's fourth-largest economy ... ( read original story ...)
For many investors and intellectuals leaving China, it’s Japan — not the US — that’s the bigger draw
One by one, the students, lawyers and others filed into a classroom in a central Tokyo university for a lecture by a Chinese journalist on Taiwan and democracy — taboo topics that can't be discussed ... ( read original story ...)
Ballet dancer finds opportunity in Japan amid wider exodus from China
Du first visited Japan when he was 26. There was no intention to relocate at the time, but the doors opened when he was invited to join the Tetsuya Kumakawa's ballet company with his wife. ( read original story ...)
Biden to block nearly $15B sale of US Steel to Japanese company Nippon despite CEO’s warnings: report
US Steel CEO David Burritt warned the company would likely shutter steel mills if the federal government stepped in to derail the merger. ( read original story ...)
Nvidia Invests $100 Million in Tokyo Startup Sakana AI Working to Develop Low-Cost Generative AI Models
Nvidia has invested $100 million in a funding round for Sakana AI, a Tokyo startup founded by ex-Google engineers in 2023. The funding round will support Sakana's mission to develop low-cost ... ( read original story ...)
Working Into Your 70s Is New Norm In Japan That May Spread to Rest of World
Japanese people are living longer, but with a struggling pension system and the highest inflation in decades, more are delaying retirement until their 70s or later to make ends meet. ( read original story ...)
Japan’s Financial Services Agency to Revise Tax Rules for Virtual Currencies in 2025
Japan’s Financial Services Agency (FSA) has announced new tax reform requirements for fiscal year 2025, marking the first time virtual currency transactions are specifically addressed. The proposed ...
Bitcoin Dives Under $56K as Asian Equities See Red
U.S. stocks tracked by Nasdaq 100 and S&P 500 fell as much as 3.5% lower on Tuesday to kick off a historically bearish September month.
Coinbase CFO says Kamala Harris is using firm to accept crypto donations
Speaking at Citi’s 2024 Global TMT Conference, Coinbase chief financial officer Alesia Haas says the exchange has increased its policy spend leading up to the election