Bitcoin is up almost 50% after tanking in 2022 thanks to high-profile crypto failures like FTX, but the prospect of more interest-rate hikes could dent the rally.
Congress Needs To Act On Crypto But The Senate Is Way Behind
Congress should grill SEC Chairman Gary Gensler on why he hasn't provided more guidance and why he hasn't adopted Commissioner Peirce's proposal (or something similar). Crypto has been around for more ...
Crypto Company Circle Focuses on Growth After Canceled SPAC Merger
Circle plans to boost its head count by as much as 25% this year, focusing on expansion despite industrywide layoffs.
Japan is mystified by a giant metal sphere that washed up on a beach, with some commentators suggesting it’s Godzilla’s egg
The five-foot rusted iron sphere found on a beach in Japan could be a buoy, authorities said, though the internet prefers to think it's Godzilla's egg. ( read original story ...)
Japan power generator JERA rejigs top ranks to tackle challenges
Japan's biggest power generator JERA said on Wednesday it had promoted two vice presidents to its top posts and tasked them with securing stable energy supplies and decarbonisation. ( read original story ...)
Toyota raises wages in Japan by biggest amount in two decades
We’ll send you a myFT Daily Digest email rounding up the latest Toyota Motor Corp news every morning. Toyota has granted 68,000 unionised workers in Japan their highest pay rises in about two decades, ... ( read original story ...)
A Japan Airlines flight was turned away and had to fly 550 miles back to Tokyo after missing an airport’s closing time by 10 minutes, report says
Flights are not allowed to land at Fukuoka airport after 10 p.m. due to noise concerns, airport officials told a local news outlet. ( read original story ...)
Crypto Has Lost the ‘Battle’ Against Fiat Currency, BIS Chief Agustin Carstens Says
The argument that crypto is an alternative to fiat currency has been settled following last year’s turmoil in the digital-asset sector, according to Agustin Carstens, the head of the Bank for ...
Asia Pacific markets set to open mixed ahead of key economic data
In Japan, Nikkei futures are mixed, with futures in Chicago at 27,275 while its counterpart in Osaka stood at 27,250 against the Nikkei 225's last close at 27.473. Japan's producer price index for ...
Tokyo to seek return of public funds from scandal-hit Olympic committee
Tokyo Gov. Yuriko Koike would demand some of the capital's money back if a cease and desist order is issued against firms caught in a slew of ...
Gov. Koike says Tokyo will ask firms involved in Olympic scandal to return public funds
Tokyo Gov. Yuriko Koike would demand some of the capital's money back if a cease and desist order is issued against firms caught in a slew of・・・ ...
Bank of Japan to Conduct Emergency Bond Buying After Key Yield Breaches Policy Cap
TOKYO (Reuters) - The Bank of Japan said on Wednesday it would conduct emergency bond buying after the yield on benchmark 10-year government bonds breached the top end of the central bank's policy ...
Japan Post says it’s considering options after report of $9 billion JP Bank share sale
Japan Post Holdings said on Wednesday it's considering "various options" after Reuters reported on Tuesday it was looking into selling around a third of its stake in Japan Post Bank , a sale that ...
Police seeking owner of $74K in cash found among recycling center trash in Sapporo
Cash worth 10 million yen, or approximately $74,000, was found among the garbage at a recycling center in this northern Japan city, police ・・・ ... ( read original story ...)
Japanese startup unveils balloon flight space viewing tours
A Japanese startup is planning to launch commercial space viewing balloon flights that it hopes will bring an otherwise astronomically expensive experience down to Earth. ( read original story ...)
Tokyo Gas lowers shareholder return ratio to cut carbon emissions
Japan's Tokyo Gas has decided to cut its shareholder return ratio to 40% from the current 50%, and use freed up funds to reduce its carbon emissions, the company said on Wednesday. ( read original story ...)