Blockchain interoperability startup Datachain has launched Project Pax, a stablecoin platform to simplify cross-border business settlements. Japan’s three largest banks — Mitsubishi UFJ Bank, Sumitomo ...
Berlin Packaging acquires Japanese supplier Nissho Jitsugyo
Berlin Packaging, a hybrid packaging supplier, has announced the acquisition of Japanese packaging products and services supplier Nissho Jitsugyo. This strategic move marks Berlin Packaging's ...
Ripple CEO: ‘Japan’s leaders are committed to advancing crypto’
Ripple CEO Brad Garlinghouse says Japan is “committed to advancing crypto” after meeting Web3 and AI-focused member of Japan’s House of Representatives, Taira Masaaki. The meeting took place at the ...
Inside the ‘crypto con’ costing victims billions in losses: ABC News Investigates
The woman suggested he should try investing into cryptocurrency, something she said she was an expert on, Plonski told ABC News. "Now open your trading account ... and I will guide you step by step ...
Kioxia files for Tokyo IPO in October
Japanese chipmaker Kioxia has filed to list on the Tokyo Stock Exchange. The IPO could take place as soon as October, according to reports.
Tokyo: a global financial hub
Now Tokyo, the heart of Japan’s formidable industrial base and its Asia-wide supply chains, is emerging as a hub for transition finance. Already, Japanese issuers have sold more than US$2 ...
Japan’s major banks back new stablecoin project for global trade
Related: Japan’s finance regulator calls for lower crypto taxes in 2025 Project Pax aims to address the inefficiencies highlighted by the G20 by integrating stablecoins into the international business ...
TSMC, Other Chipmakers Set to Make $80 Billion for Southern Japan
Taiwan Semiconductor Manufacturing Co. and other related companies will add ¥11.2 trillion ($80 billion) to Japan’s chip-making hot spot of Kumamoto prefecture over the next decade, according to ...
Japanese company reveals why it’s laying off 217 Charlotte-area workers, closing plant
A Japanese manufacturer revealed this week why it’s laying off 212 workers as it shutters a plant near Lake Norman. Keystone Powdered Metal Co. makes metal components for car engines and transmissions ...
Japanese AI startup Alt files for IPO, eyes $119M valuation
Tokyo-based Alt, the Japanese startup developing AI solutions and Large Language Models (LLMs), announced on Thursday that its initial listing application on the Tokyo Stock Exchange had been ...
Japan consumer spending barely grows, complicates BOJ’s rate hike plan
TOKYO (Reuters) -Japanese household spending rose less than expected in July as consumers remained wary of loosening their purse strings in the face of higher prices, possibly complicating the central ...
Japanese Markets End Down as Tech Stocks Fall
The Nikkei Stock Average ended 1.1% lower at 36657.09. Following falls in U.S. tech shares, Advantest dropped 2.9%. Fuji Soft ended the day down 2.1% after KKR launched its tender offer Thursday. Toyota Motor fell 2.
Japan’s Seven & i rejects Couche-Tard’s $38.5 billion takeover offer
TOKYO (Reuters) -Japanese retail giant Seven & i Holdings said on Friday it had rejected Canada's Alimentation Couche-Tard's $38.5 billion cash bid for the company because the proposal was not in the ...
Tokyo stocks end with third-biggest loss this year
The broader Tokyo Stock Price Index, which includes all shares on the market's First Section on the TSE, also shed 99.78 points, or 3.65 percent, to 2,633.49 ...
Best Crypto Staking Platforms Of September 2024
That’s not entirely true. Staking (as well as a few rewards programs) can generate interest income from the crypto that you own right now. You can earn rewards through staking by locking up your ...
Toyota, Nissan to expand Japan’s battery production capacity, Nikkei reports
Toyota Motor, Nissan Motor and other companies will help expand Japanese production capacity for storage batteries by around 50% with government support through a total investment of 1 trillion yen ...