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 ...
MUFG to Consider ‘Full Scale’ Japan Bond Buying If Yields Hit 1.2%
Mitsubishi UFJ Financial Group Inc. will consider shifting more of its $488 billion securities portfolio into Japanese government bonds when yields reach 1.2%, as it expects the central bank to ...
Inside the ‘crypto con’ costing victims billions in losses as scam compounds spread globally: ABC News Investigates
According to the FBI, crypto investment scam losses rose from $3 billion in 2022 to $4.5 billion in 2023. For the first six months of 2024, the agency received over 18,000 complaints reporting crypto-investment scams, with losses of more than $1.9 billion.
The Japanese yen still poses ‘a very big risk’ to global markets. Here’s why.
There’s one big factor behind early August’s scare in the U.S. stock market which hasn’t gone away and has little to do with a U.S. economic slowdown. It’s the popular currency approach known as the carry trade.
Berlin Packaging expands to Japan with the acquisition of Nissho Jitsugyo
Acquisition expands the company's local footprint in Asia-Pacific and offers exciting new packaging solutions to customers worldwideCHICAGO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Berlin Packaging, the ...
Trump’s New Crypto Project Is Reportedly Saving the Best Loot for Its Founders
In a thoroughly predictable development, Trump's new crypto project appears to be heavily weighted towards the already wealthy.
Shaky Start to September for Nikkei Is Far Cry From August Rout
While Japanese stocks spooked investors on Thursday with a second day of declines, the magnitude of the moves and the market dynamics appeared very different to the three-day slide that culminated in the crash of Aug.
Canadian Chain Store Giant Eyes 7-Eleven Parent In Japan
For one thing, questions loom about the Canadian retailer’s ability to manage operations on such a vast scale. “From an operating perspective, can ACT, with no experience in the Japanese market, run ...
Mastercard launches Crypto Card Enabling Users to Spend in 100 million European Merchants
Mastercard, the payments giant, has announced a partnership with Mercuryo to launch a euro-denominated crypto debit card, allowing users to spend crypto from ...