Chief government spokesman Yoshimasa Hayashi said Friday that the package expected to be worth 21.9 trillion yen ($141.8 billion) would be approved by Ishiba's cabinet later in the day ...
Bain-Backed Kioxia Sets IPO Price for December Tokyo Debut
Bain Capital-backed Kioxia Holdings Corp. is setting its indicative IPO price at ¥1,390 per share, the latest attempt to capitalize on Japan’s stock market renewal.
Japanese seafood processor opens $13m Vietnam plant
HO CHI MINH CITY -- Japan's No. 3 seafood processor, Kyokuyo, has opened a $12.65 million factory in Vietnam, following widespread concerns around Fukushima water safety and overreliance on China. From the plant, the company plans to export products around the world, including to Japan and Southeast Asia, the company told Nikkei Asia on Friday.
Japan plans spending $90 billion to fund a new stimulus package
Japan is considering spending 13.9 trillion yen ($90 billion) from its general account to fund a new stimulus package aimed at mitigating the impact of ...
Japan plans spending $90 billion to fund a new stimulus package
Japan is considering spending 13.9 trillion yen ($90 billion) from its general account to fund a new stimulus package aimed at mitigating the impact of ...
JGBs Edge Lower, Weighed by Pickup in Japan’s Underlying Inflation
Japanese government bonds edged lower in early Tokyo trade, weighed by Japanese economic data released earlier that showed a pickup in underlying inflation.
Japan’s FSA to establish new crypto brokerage business category with lighter regulations
Japan’s Financial Services Agency (FSA) is proposing a new business category for enterprises dealing with stablecoins and virtual assets. Under the new system, “intermediary” or “brokerage” businesses ...
Japan’s core inflation steady above BOJ target, service prices firm
Japan's core inflation in October held above the central bank's 2% target and a key index stripping away the effect of fuel accelerated, data showed on Friday, keeping pressure on the central bank to ...
Japan’s inflation slows in October for the second straight month
TOKYO -- Japan's core inflation rate slowed for the second straight month in October due to lower electricity prices, according to government data released on Friday.
Bank of Japan governor Kazuo Ueda flags AI as a threat to financial stability
Kazuo Ueda, Governor of the Bank of Japan (BoJ), has warned that artificial intelligence (AI) poses a serious threat to financial stability. Speaking at the Europlace Financial Forum in Tokyo, Ueda ...
Japan’s October headline inflation rate falls, but economists still see BOJ rate hike on the table
Japan's headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate fell to 2.3% from 2.4%, slightly higher ...
Crypto industry jockeys for seats at Trump’s promised council
A slew of crypto companies including Ripple, Kraken and Circle are jostling for a seat on President-elect Donald Trump's promised crypto advisory council, seeking a say in his planned overhaul of U.S.
Crypto entrepreneur Justin Sun buys $6 million banana—and plans to eat it unless Elon Musk wants to send it to space
In the same week in which Sotheby’s auction house sold a $65 million Claude Monet piece, it was a multi-million-dollar banana duct-taped to a wall that stole the show. The work, by Italian artist Maurizio Cattelan,
Crypto soars after Trump’s election — but is it a good ethical investment?
While cryptocurrency offers exciting opportunities and the potential for high returns, its environmental impact, association with illegal activities and predatory nature all present significant ethical challenges.
Crypto miners double down on AI hosting for more reliable cash flow
The all-out search for electricity to sustain the insatiable appetite for artificial intelligence is providing a lift to another industry with considerable energy usage: crypto mining.
Japanese benchmark Nikkei slips 0.85%
Tokyo Gas extended gains with a surge of close to 5 percent. Software business M3 followed with gains of 4.4 percent. Taiheiyo Cement Corp, Yamato Holdings and Ube Industries, all gained more than 3 percent.