Japan's growing trade deficit could mean the Bank of Japan soon becomes powerless to rescue the country's currency.
Japan launches ‘Sake Viva!’ campaign urging younger population to drink more to boost economy
National Tax Agency's 'Sake Viva!' campaign is targeted at people between 20 and 39, urging them to drink more to help increase alcohol tax revenue Average alcohol consumption in Japan has dropped 25 ...
A Crypto Skeptic Takes on Web3: ‘There’s No Real-World-Use Case’ for Cryptocurrencies
It’s been a volatile year for cryptocurrency markets and a big year for Web3 thievery in general, from NFT kidnappings to hacks taking aim at the crypto exchanges and the “bridge” entities that ...
The case for a crypto-only agency
If you think about the traditional reasons for financial regulation — to create stability, protect consumers, everything that an agency like the SEC is meant to do — how would that look different for ...
Japanese shares track Wall Street losses after Fed meet minutes
Japanese stocks fell alongside Asian peers on Thursday, as investors parsed U.S. Federal Reserve meeting minutes and awaited an upcoming symposium to assess whether the central bank would temper its ...
Crypto.com gets UK regulatory approval
Singapore-based cryptocurrency platform Crypto.com has registered with Britain's financial services regulator, the company said in a statement on Wednesday.
Japanese stocks fall in line with Wall Street losses
Japanese stocks fell on Thursday, tracking losses on Wall Street and the rest of Asia, as investors parsed U.S. Federal Reserve meeting minutes to assess how hawkish the central bank will be in its ...
More Japanese firms are raising wages to combat labour shortage: Reuters poll
More large Japanese companies are now raising wages to attract workers and cope with chronic staff shortages, a monthly Reuters poll showed on Thursday, a tentative sign Japan Inc may be slowly ...
Whistleblowers accuse FDIC of stifling crypto companies’ access to banks
Federal regulators could be going too far in encouraging banks not to work with crypto companies, according to the top Republican on the Senate Banking Committee. Sen. Pat Toomey of Pennsylvania sent ...
More Japanese firms raising wages to combat labor shortage – Reuters poll
TOKYO - More large Japanese companies are now raising wages to attract workers and cope with chronic staff shortages, a monthly Reuters poll showed on Thursday, a tentative sign Japan Inc may be ...
Japan’s SBI Remit To Use Ripple’s Technology For Instant Money Transfers
Japan's SBI Remit has struck a deal with Ripple to make use of RippleNet for instant money transfers between Japan and Thailand.
Genesis CEO exits after crypto broker took hit from Three Arrows collapse
Crypto broker Genesis will cut a fifth of its staff and replace its chief executive as it counts the cost of lending $2.4bn to hedge fund Three Arrows Capital. The departure of Mi ...
Never Bet Against’ It
The chief executive of bitcoin and crypto exchange Kraken has said he'd "never bet against bitcoin" and expects to be able to buy a Bugatti with just one bitcoin by the end of ...
CDPQ writes off Celsius stake and says it went into crypto ‘too soon’
Canada’s second largest pension fund manager has written off its $150mn investment in crypto lending platform Celsius Network and conceded it went into crypto “too soon”. Charles Emond, chief ...
Nikkei ends above 29,000 for first time in seven months on Wall Street rally
Japan's Nikkei ended above the key psychological level of 29,000 on Wednesday for the first time in more than seven months, after an overnight Wall Street rally in major indexes following robust ...
Japan arrests 4 on bribery suspicions in Tokyo Olympics
A former Tokyo Olympic committee board member and three people from a clothing company that sponsored the 2020 Games have been arrested on bribery suspicions.