"We awarded the prime contract to Mitsubishi Heavy," a ministry of defence spokesman said. The fighter jet project, which is expected to cost about $40 billion, comes at an opportune time for MHI, as ... ( read original story ...)
Japan’s Factory Output Rises for Fourth Month on Jump in Car, Machinery Production
Official data released on Friday showed factory output surged 4.0% in September from the previous month, mainly due to strength in car and production machinery manufacturing. "Overseas economies and ... ( read original story ...)
Japan firms’ retained earnings hit record high for 8th straight yr
Japanese companies' retained earnings in fiscal 2019 hit a record high for the eighth straight year, despite a reduction in profits d ... ( read original story ...)
Japan’s first passenger jet in decades put on hold
Plans for Japan's first homegrown passenger plane in decades have been frozen as the airline industry suffers from a deep drop in demand. Mitsubishi Heavy Industries, the company behind the new ... ( read original story ...)
Global Cases Top 44.9 Million; Tokyo Boosts Tests: Virus Update
Global coronavirus cases topped 44.9 million amid a renewed surge in cases across Europe and the U.S. while the government in Tokyo made plans to boost its testing capacity sixfold as the flu season ... ( read original story ...)
Bitcoin Rally Gets Added Boost From ‘Wrapped’ Crypto Tokens
As Bitcoin rallied to its highest level in almost three years, it was getting some unlikely support from advocates of its biggest rival. ( read original story ...)
Crypto and Fintech Share Goals: They Should Talk
The missions of programmable money and autonomous finance overlap, so it's surprising that people from crypto and fintech don't collaborate more. ( read original story ...)
Crypto Asset Management Service
The data presented in the global Crypto Asset Management Service market report is a compilation of data identified and collected from various sources. The scope of growth of the Crypto Asset ... ( read original story ...)
KPMG Expands Crypto Management Suite to Boost Institutional Adoption
KPMG LLP announced Tuesday that it has formed a strategic alliance with the crypto market and network data provider Coin Metrics Inc. This enables the company to provide its clients with “Coin ... ( read original story ...)
Tokyo Boosts Testing Sixfold, U.S. Battles Surge: Virus Update
Tokyo is boosting its testing capacity sixfold as flu season begins, while the U.S. is seeing a jump in coronavirus cases in its early deadly centers of New York and New Jersey and a record surge in ... ( read original story ...)
Bank of Japan trims growth forecasts but predicts stronger rebound in 2021
The Bank of Japan trimmed its growth forecasts for 2020 but predicted a stronger economic rebound in 2021, as it kept monetary policy on hold at its October meeting. Japan’s central bank said the ... ( read original story ...)
Japan Wants to Take the Heat Off Data Centers With the Help of Snow
(Bloomberg) -- Japan’s quest for zero-emission data centers that rely less on air-conditioning is harnessing the world’s oldest cooling system: snow. To reduce the amount of energy needed to keep ... ( read original story ...)
Bank of Japan cuts growth forecast but sees recovery prospects
The Bank of Japan on Thursday trimmed its economic and price forecasts for the current fiscal year but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough ... ( read original story ...)
Bitcoin Rally Getting Added Boost From ‘Wrapped’ Crypto Tokens
As Bitcoin rallied to its highest level in almost three years, it was getting some unlikely support from advocates of its biggest rival. ( read original story ...)
Two Indicted in Latest Federal Prosecution of SIM-Swapping Crypto Theft
Federal prosecutors on Wednesday said that two men have been indicted for stealing cryptocurrency from victims through a SIM-swapping and phishing fraud scheme. The case should remind members of the ... ( read original story ...)
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
New York state’s financial regulator is urging firms to pay closer attention to financial risks associated with climate change. In a letter sent to all regulated entities on Thursday, the New York ... ( read original story ...)