Masatoshi Kumagai, the 56-year-old founder and chairman of Tokyo-based GMO Internet, saw his fortune cross the $1 billionaire mark as shares of his company soared 50% due to an increase in internet ... ( read original story ...)
Tokyo’s Nikkei closes down more than 2%
Tokyo's benchmark Nikkei index lost more than two percent on Monday following a rout on US markets as fears grow over a resurgence of coronavirus infections. The Nikkei 225 dropped 2.30 percent, or ... ( read original story ...)
Japanese stocks track Wall Street losses on renewed virus fears
Japanese shares fell on Monday, tracking Wall Street's sharp retreat on Friday after several U.S. states imposed business restrictions to tackle a resurgence in new coronavirus cases. ( read original story ...)
Yield Curve in Japan Keeps Steepening With BOJ Holding Back
An incessant steepening in Japan’s yield curve is raising the stakes for the central bank’s monthly bond-buying plan due Tuesday.Faced with mounting losses on their portfolios, investors are looking ... ( read original story ...)
Japan plans new electronic warfare unit facing East China Sea
TOKYO -- Japanese defense forces will establish next spring a new electronic warfare unit responsible for jamming signals ahead of an attack on the country, Nikkei has learned. A team of about 80 ... ( read original story ...)
Kura Sushi (KRUS): Restaurant IPO With Playbook For Success
Kura Sushi USA Inc (NASDAQ:KRUS) operates revolving sushi bar restaurants in the United States. The company’s restaurants offer Japanese cuisine and a revolving sushi service model. It operates 24 ... ( read original story ...)
Japan’s Dai-ichi Life beats peers in race to online insurance sales
TOKYO -- Dai-ichi Life Holdings will become the first major Japanese life insurer to sell policies completely online, Nikkei has learned, in an alternative to a long-standing tradition of face-to ... ( read original story ...)
Trump’s Empty Bitcoin Threat; PayPal Prepping For Crypto Trading
Get Forbes' top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption. Bitcoin proponents ... ( read original story ...)
Super Nintendo World’s Opening In Japan Was ‘Delayed Indefinitely’
The Universal Studios Japan expansion was scheduled to open in June ahead of the 2020 Toyko Olympics, but the opening is officially on hold. ( read original story ...)
Super Nintendo World’s Opening In Japan Was Delayed ‘Until Further Notice’
The Universal Studios Japan expansion was scheduled to open in June ahead of the 2020 Toyko Olympics, but the opening is officially on hold. ( read original story ...)
Bank of Japan Likely to Cut Economic Forecasts on Covid-19
The Bank of Japan is likely to lower its economic projections again next month as the heavy impact of the coronavirus pandemic on the domestic and global economies becomes clearer.The International ... ( read original story ...)
Crypto Industry Now In Post-Dotcom Bubble Territory, Trading Expert Says
Crypto's atmosphere currently looks like the period following the dotcom bubble's bursting, Paul ... [+] Eisma, Head of Trading at XBTO Group, explained. Hosting a booming period of online creation ... ( read original story ...)
National security law: could Japan or South Korea take Hong Kong’s finance crown?
As some Hong Kong firms consider an exit strategy in the wake of Beijing’s national security law, Asian cities are angling for a piece of the action. ( read original story ...)
Nikkei rebounds on news of European safeguards, U.S. easing of Volcker Rule
Tokyo stocks staged a sound rally Friday, with buying sentiment boosted by upturns in U.S.and European markets. The Nikkei average of 225 selected issues l ... ( read original story ...)
Crypto debit cards issued by Wirecard stop working after UK FCA’s action
Crypto.com's MCO Visa debit cards have stopped working after the U.K.’s Financial Conduct Authority (FCA) suspended Wirecard Card Solutions (WCS), a subsidiary of scandal-hit Wirecard.The post Crypto ... ( read original story ...)
On This Crypto Social Platform, Investments Work While You Are Resting
Token is a unique platform that allows you to develop social networks, enjoy gambling and, at the same time, bring passive income ... ( read original story ...)