For a sense of the challenges Bank of Japan Governor Kazuo Ueda faces in weaning the world's fourth-largest economy off monetary stimulus, look no further than his birthplace.
Tokyo Expands Underground ‘Cathedral’ Complex to Counter Climate Change Rains
Just after 5 a.m. on August 30, water began flooding a vast underground chamber called the "cathedral" just north of Tokyo. The gushing water, captured by security cameras, was the rain that was ... ( read original story ...)
SEC appeals decision that restricted its crypto oversight
The U.S. Securities and Exchange Commission said on Wednesday it is appealing a court ruling that restricted its ability to regulate cryptocurrency markets.
Japan’s service sector expands for third month, but confidence dips, PMI shows
Japan's service sector activity expanded for the third straight month in September, but the pace slowed slightly and confidence dipped in a sign of the broader economic strains amid weakness in ... ( read original story ...)
The man behind Japan’s $170bn bid to prop up the yen
Mastao Kanda unleashed an estimated 25 trillion yen to support the currency when it slumped against the dollar. ( read original story ...)
Japan rows back on new prime minister’s plan for ‘Asian Nato’
Japanese leadership in damage control amid pushback over proposal, which has been described as premature by Washington ... ( read original story ...)
Life in Japan: Why is Tokyo shrinking its green spaces amid a climate emergency?
By David McNeill Our family spent 14 months searching for a home in Tokyo, viewing a succession of depressingly cramped, bunker-like and pricey house ... ( read original story ...)
Crypto market dips amid rising geopolitical tensions
Indeed, crypto traders are increasingly favoring gold, a perennial store of value, hedge against market uncertainty, and inflation hedge. Its inverse relationship with the dollar also means that it ...
Morning Bid: Yen rattled by Japan PM’s ‘unseemly’ rate comments
Japanese markets, particularly the foreign exchanges, continue to digest the rather blunt comments on monetary policy from new prime minister Shigeru Ishiba after he met with Bank of Japan governor Kazuo Ueda on Wednesday.
The Biggest Games from Tokyo Game Show 2024
Technically a spin-off of the long-running Yakuza franchise that began in 2005, the newest game stars series’ regular Goro Majima and follows the events of the previous mainline game, 2024’s Like a Dragon: Infinite Wealth. The plot revolves around an amnesiac Majima, criminal extraordinaire, who’s on a quest to control the underworld of Hawaii. ( read ...
BOJ chief tells Japan’s new premier the central bank will move cautiously on rate hike timing
Bank of Japan Governor Kazuo Ueda said he told new Prime Minister Shigeru Ishiba in a meeting on Wednesday that the central bank was supporting Japan's economy and will move cautiously in deciding ...
Another rate hike by Bank of Japan may be too early: PM Ishiba
Japan's new Prime Minister Shigeru Ishiba said Wednesday that conditions are not in place for another interest rate increase by the B ...
Tokyo C5W’s residential rent premium over 23W widens to 19.5%
The gap is slightly below the peak seen last year. In a report, Savills revealed that average rents in the Tokyo 23W and C5W saw moderate growth in Q3/2024, returning to a positive trajectory ... ( read original story ...)
Thai finance minister: casino industry to welcome global operators
Thailand Finance Minister Julapun Amornvivat says the kingdom's nascent gaming industry will welcome qualified global operators.
Vissel Kobe, Yokohama F. Marinos awaken from slumber in AFC Champions League Elite
Suffice to say, the opening round of the 2024-25 AFC Champions League Elite did not go according to plan for two of the J1 League's representatives. Expected to go far in the tournament, Yokohama F. ( read original story ...)
Yokohama TWS to name Elio Bartoli as company president
Bartoli succeeds Paolo Pompei, who is stepping down to pursue external opportunities after a tenure with the company. ( read original story ...)