Japanese Prime Minister Shigeru Ishiba has reorganized his party’s web3 and crypto policy-making units. Find out more!
Bank employees in Japan sign 146-year-old ‘suicide pledge’ to deter theft
Employees at Shikoku Bank in Japan have signed a pledge vowing to "commit suicide" if they are found guilty of financial wrongdoing. The pledge, which dates back to 1878 when the bank was founded as ...
Nikkei Rises 0.6%, Led by Electronics Stocks
Japanese stocks ended higher, led by gains in electronics stocks, as hopes for continuing Fed rate cuts help offset uncertainty over U.S. trade policy ...
Japan Cabinet to Approve $92 Billion Extra Budget, NHK Says
Japan will lean heavily on extra tax revenue in a ¥13.9 trillion ($92 billion) additional budget to finance Prime Minister Shigeru Ishiba’s stimulus package, according to state broadcaster NHK.
Japan to provide $600 million for housing subsidies to Ukrainians and IDP assistance
The World Bank has approved additional funding of $664 million for the "Investing in Social Protection for Inclusion, Resilience, and Efficiency" (INSPIRE) project. The Japanese government is funding ...
Hong Kong to offer crypto tax exemption for hedge funds and family offices
Hong Kong plans to waive tax on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity funds and certain family offices as the city strives to enhance its ...
North Korean hackers have stolen billions in crypto by posing as VCs, recruiters and IT workers
A venture capitalist, a recruiter from a big company, and a newly hired remote IT worker might not seem to have much in common, but all have been caught as imposters secretly working for the North ...
Crypto leaders press Trump to create federal bitcoin reserve
President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.
Japan’s Nikkei ends higher as investors step in after two-day slump
TOKYO - Japan's Nikkei share average reversed course to end higher on Thursday after two straight sessions of losses made stocks relatively cheaper. The Nikkei gained 0.56% higher to close at ...
Asian stocks subdued, dollar drifts ahead of US Thanksgiving
Asian shares were subdued on Thursday and the dollar was on the defensive after U.S. data showed progress in slowing inflation had stalled even as the economy remained resilient, raising doubt over ...
Japan police bust online gamblers for first time using crypto ‘tracking tool’
Japan police are now actively arresting users of overseas online casinos using a crypto “tracking tool” — a first for their government. On November 26 (JST) the Tokyo Metropolitan Police Department’s ...
Japan’s former top FX diplomat Kanda elected as next ADB chief
TOKYO (Reuters) -- The Asian Development Bank (ADB) has elected as its next president Japan's former top currency diplomat Masato Kanda, the bank said on Thursday. Kanda, now a special adviser to ...
Bank of Japan’s latent losses on JGBs hits record ¥13.66 trillion
JGB prices fell after the central bank ended its negative interest rate policy in March and raised interest rates in July.
Japan’s ex-top currency diplomat Kanda picked as next ADB chief
Former top Japanese currency diplomat Masato Kanda has been selected as the next president of the Asian Development Bank, the Manila-based international lender said Thursday. Kanda, 59, currently a ...
Chipmaker Kioxia files for IPO; sources say it’s targeting December
Bain Capital-backed Kioxia filed for an IPO on Friday and sources familiar with the matter said the Japanese chipmaker was targeting December for the offering. The IPO registration marks a fresh ...
Nikkei Slips 0.4%, Dragged by Electronics Stocks
Japanese stocks were lower, dragged by falls in electronics stocks, as concerns about U.S. trade policy continue.