Police in Osaka Prefecture, western Japan, have reported a surge in the misuse of bank and other accounts held by foreign nationals in phone scams, nearly tripling over the past three years.
$463 mil. in unsecured COVID loans in Japan irrecoverable, total may hit $6.64 bil.
A total of 69.7 billion yen (about $463 million) in unsecured financial assistance provided by government-affiliated financial institutions t･･･ ...
Japanese Megabank Mitsubishi UFJ Teams up with Crypto Exchange for Stablecoin Project
The Japanese banking giant Mitsubishi UFJ will join forces with one of the nation’s biggest crypto exchanges for a new stablecoin offering.
Japan’s Nikkei rises on corporate earnings outlook, Nintendo shines
Japan's Nikkei share average rose on Wednesday, tracking Wall Street's strong finish overnight and as investors scooped up Nintendo and other stocks with strong earnings outlook.
With Sam-Bankman Fried facing life in jail, the crypto industry is ready to move on
Now that a guilty verdict has put an end to the FTX saga, builders and investors shaping the future of crypto are ready for a new chapter.
KKR Looks to More Carve-Outs in Japan After Kokusai’s IPO
KKR expects to buy other units from Japanese conglomerates after listing Kokusai Electric in Tokyo's stock exchange last month, KKR's CFO Robert Lewin says during an earnings call. The stock of the ...
‘Massive Calamity’—BlackRock And The U.S. Government Could Be About To ‘Kill’ Bitcoin Amid Huge Ethereum, XRP And Crypto Price Rally
Legendary bitcoin and crypto trader Arthur Hayes has warned that bitcoin and crypto could be sleepwalking toward "massive calamity," warning BlackRock and the U.S. could be about to "kill"
Crypto products see $767 million net inflows, highest since 2021 bull market
A new CoinShares report says the net capital inflow into crypto in the last six weeks has eclipsed the total from all of 2022.
IT Pros in Australian Crypto Need to Brace for Regulation
Australia is moving towards regulating cryptocurrency, with a focus on those involved in developing and maintaining crypto platforms.
Coinbase adds former defense secretary, congresswoman amid crypto scrutiny
Trading platform Coinbase said Tuesday that it has added four Washington, D.C., heavyweights at a tense moment for the cryptocurrency industry. Former Defense Secretary Mark Esper and former Rep. Stephanie Murphy (D-Fla.
The biggest unknowns facing investors in 2024: Morning Brief
Sure, we have seen initial impacts to credit card delinquencies (they are rising) and the housing market (mortgage rates near 8% are driving a slowdown, which has even spread to appliances), but by ...
Asia-Pacific markets set to fall ahead of China trade data, RBA rate decision
Asia-Pacific markets are set to fall ahead of trade data coming out of China, as well as a rate decision by the Reserve Bank of Australia.
Politicians in Japan will continue to watch the USD/JPY exchange rate nervously – Commerzbank
On Monday, USD/JPY climbed back above the 150 level. Economists at Commerzbank analyze the pair’s outlook. At present uncertainty as to whether the Fed really will initiate a rate cut cycle in ...
Japan stocks lower at close of trade; Nikkei 225 down 1.37%
Japan stocks were lower after the close on Tuesday, as losses in the Fishery, Banking and Marine Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 1.37%. The best ...
Japan’s Nikkei snaps 4-day winning streak as US Treasury yields rise
Japan's Nikkei share average lost more than 1% on Tuesday, snapping a four-session gaining streak, as investors sold stocks to lock in profits after a sharp rally, with an overnight climb in U.S.
‘Hopeful about the Future’: Former Bank of Japan Head Talks Japanese Economic Policy at Weatherhead Center Seminar
Former governor of the Bank of Japan Haruhiko Kuroda shared his experience guiding Japanese macroeconomic policy and inflation targeting in a seminar hosted by the Weatherhead Center for International ...