In March of this year, the Japanese government allocated ¥802.5 billion ($5.4bn) to invest in the chipmaker. The total amount of public money committed to Rapidus now stands at a maximum of ¥1.72 ...
Japan was one of the first countries in the world to legally define and regulate crypto
Japan is gearing up for a major crypto regulatory reset. The Financial Services Agency (FSA) is deliberating on a legal amendment that could reclassify crypto from a payment tool to a “financial ...
Japan says it will reach 2% defense spending early — but there’s a catch
TOKYO -- The supplementary budget approved by Japan's cabinet on Friday will boost defense spending by over 1 trillion yen ($6.4 billion) to 2% of gross domestic product two years ahead of schedule, ...
Strategy’s Michael Saylor weighs in on whether bitcoin’s four-year cycle is dead: CNBC Crypto World
On today's episode of CNBC Crypto World, Michael Saylor, the founder and executive chairman or Strategy, provides his outlook for bitcoin in 2026 and discusses whether he thinks the cryptocurrency's ...
Crypto tycoons pour in millions into relief after Hong Kong’s deadliest fire since 1948
Major leaders from the crypto industry have pledged millions of dollars to support the victims of the deadly fire in Hong Kong. The fire in a high-rise apartment complex in Tai Po District in Hong ...
N. Korean hacking group Lazarus suspected behind recent crypto hacking: sources
North Korean hacking group Lazarus is suspected to be behind a recent breach of around $30.6 million worth of cryptocurrency from Upbit, sources said Friday.
CoinShares pulls plug on select crypto ETFs ahead of US listing
CoinShares filed on Friday to withdraw its plan to launch three exchange-traded funds, as the European cryptocurrency firm plans to focus on higher-margin opportunities ahead of its U.S. listing.
Crypto Exchange Upbit Hit by Exploit After $10 Billion Deal
Upbit has suspended deposits and withdrawals after it discovered an unauthorized transfer of about $37 million of digital assets, a black eye for South Korea’s leading crypto exchange just a day after ...
Japan cabinet proposes $117bn extra budget, clouding outlook for surplus
TOKYO -- Japan's cabinet on Friday approved a draft supplementary budget of 18.3 trillion yen ($117 billion) -- the largest since the COVID-19 pandemic -- to fund stimulus and inflation measures that ...
MGM Resorts (MGM) Jumps 6.9% After F1 Visitor Surge and BetMGM Record—Is Momentum Sustainable?
MGM Resorts International recently benefited from the Las Vegas F1 weekend, attracting around 150,000 extra visitors, full hotel occupancy, and record-setting activity on its BetMGM platform. This ...
Singapore Wealth Fund GIC Moving to Bigger Office in Tokyo Finance District
Singaporean sovereign wealth fund GIC Pte is moving to a larger office in Tokyo’s main financial district, strengthening its presence in Japan as the country’s financial markets gain momentum.
Nikkei stock index rises for 4th day as US rate cut hope lends support
The Nikkei stock index ended higher for the fourth straight day on Friday, with hopes for a U.S. rate cut lending support, although i ...
Japan’s Indie Film Financier K2 Pictures Wins Support From Major State-Backed Bank (Exclusive)
The Development Bank of Japan’s investment in the Tokyo-based startup — launched at Cannes with backing from auteurs like Hirokazu Kore-eda and Takashi Miike — signals growing institutional support ...
CDL Divests Bespoke Hotel Osaka for JPY 14 Billion
The latest announcement is out from City Developments ( (SG:C09) ).
GIC moving to bigger office in Tokyo finance zone
Singaporean sovereign wealth fund GIC is moving to a larger office in Tokyo, strengthening its presence as Japan's financial markets gain momentum. Read more at straitstimes.com. Read more at ...
Japan Plans Extra Bond Issuance That May Fuel Fiscal Fears
Prime Minister Sanae Takaichi’s cabinet on Friday approved a draft supplementary budget for the fiscal year ending March 2026 that is worth 18.303 trillion yen, or about $117.10 billion.