Global outcry as Cambodia arrests crypto scam investigator, Japan's new Prime Minister supports crypto, and more: Asia Express.
Japan’s New Digital Transformation Minister Hints at Crypto Tax Reform
Masaaki Taira, Japan’s newly appointed Digital Transformation Minister, has hinted that he will push for crypto tax reform. Find out more!
Japan brewery Sapporo launches $1,800 leather jacket as luxury collaborations take off
Sapporo Breweries Ltd. launched a 264,000-yen (roughly $1,800) leather motorcycle jacket on Oct. 1 as luxury goods made in collaboration betw ... ( read original story ...)
Man arrested for stealing luxury items from neighboring apartment in Yokohama
Police in Yokohama have arrested a 53-year-old man on suspicion of stealing valuable items from the apartment of the man who lives next-door to him in a high-rise apartment, last year. According to ... ( read original story ...)
More Stocks Trade Below Book Value in Japan Despite Reforms
An increasing number of Japanese stocks are trading below book value despite corporate reforms that have attracted investor praise, suggesting managers need a bolder approach to drive shareholder wealth. ( read original story ...)
Naomi Osaka Rips Critic Who Called Her a ‘Fluke’: You Can’t Touch My Accomplishments
Former WTA No. 1 and four-time Grand Slam champion Naomi Osaka blasted a critic for calling her a "fluke." "I just saw someone call me a fluke," Osaka ... ( read original story ...)
‘This Marriage Could Only Last for So Long’: Kanye West Ditches Wife Bianca Censori Yet Again While In Tokyo, Fueling Rumors Model Has Finally Fled
Is there trouble in paradise for Kanye West and his wife Bianca Censori? Fans believe so after the rapper was spotted for the second week […] ... ( read original story ...)
Japan’s Daiwa House Eyes $500 Million Bet on US Real Estate Firm
Japanese homebuilder Daiwa House Industry Co. is in talks to invest about $500 million in US property developer Alliance Residential Co., according to a person with knowledge of the matter. ( read original story ...)
The big boys want in on crypto, too
Kinda seems like the big industry players are banking on stablecoins — and making their own, rather than using those created by, say, Tether or Circle. Some of that is making it ...
Binance’s Crypto Market Share Drops to Lowest Level in Four Years
Binance’s rehabilitative efforts appear to be slow to take root, with the largest crypto platform’s share of trading volume in the roughly $2 trillion digital-asset market falling in September to the ...
AI chip packaging drives peak investment at Japan’s Ibiden
Ibiden is the world's top supplier of cutting-edge chip packaging substrates but faces the looming arrival of competitors. The company's capital investment will be the heaviest this fiscal year to maintain a competitive advantage, President and CEO Koji Kawashima told Nikkei.
How Anime Helped a Yokohama Woman Stop a Crime in Progress
Karin Ryo, a 23-year-old office worker, was at a convenience store shopping when she happened to witness a crime. ( read original story ...)
Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei
After a quick roughly 14% run higher following the U.S. Federal Reserve's 50 basis point rate cut nearly two weeks ago, conditions seemed ripe ...
7 Charming Small Towns in Japan You Must Visit
This area dates to the Edo Period (1603–1867), and while Japan tends to tear down old buildings in favor of modern properties, the kura have been repurposed as cafés, museums, and boutiques. The Ohara ... ( read original story ...)
Japan’s Metaplanet buys ¥1 billion in Bitcoin
Japanese investment firm Metaplanet Inc. went bullish on the world’s biggest digital asset and bought 107.913 Bitcoin to its portfolio.
Bitcoin’s Link to Ishiba-Led Swoon in Nikkei Comes Into Question as Yen Declines
The yen losses suggest the market is not worried about Ishiba's hawkish image and potential for faster BOJ rate hikes. BTC's drop likely stemmed from other factors.