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Posted on 04/05/2024

Dallas to Tokyo flight canceled after Japan Airlines pilot’s booze-fueled 2 am hotel rager

Japan Airlines grounded a flight from Dallas to Tokyo last week after a hotel room noise complaint exposed the captain's excessive drinking the night before its scheduled takeoff. The airline ... ( read original story ...)

Posted on 04/05/2024

Dallas to Tokyo flight grounded after airline said pilot drank too much

A Japan Airlines flight from Dallas to Tokyo was reportedly grounded after the pilot drank too much before the plane was scheduled to take off. ( read original story ...)

Posted on 04/05/2024

Summers Says Currency Interventions Fail Even at Japan’s Scale

Former US Treasury Secretary Lawrence Summers said that currency interventions are ineffective at shifting exchange rates, even at the large magnitude that Japan has been thought to have deployed recently. ( read original story ...)

Posted on 04/05/2024

Asia Pacific Commercial Property Investment Leads the World, Spikes 13 Percent

Private student accommodation will be a new investment property asset and attract the attention of the investors," said Oscar Chan, Head of Capital Markets, JLL, HK. "Uncertainty surrounding interest ... ( read original story ...)

Posted on 04/05/2024

Japan’s finance minister says yen intervention may be necessary when there are ‘excessive’ moves

Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country's policymakers if the yen moved in sharp directions.

Posted on 04/05/2024

Japan’s Suzuki Keeps Traders Guessing Whether or Not Intervened

Japan’s finance minister declined to confirm whether Japan stepped into the market to support the yen with intervention earlier this week, keeping traders guessing.

Posted on 04/05/2024

Yen Rally Takes Pressure Off Japan to Prop Up Battered Currency

To stem losses, the Ministry of Finance probably bought the yen twice this week, though Japan’s top currency official Masato Kanda has declined to comment on whether the authorities had intervened.

Posted on 04/05/2024

URGENT: Japan finance chief sees need for stable forex moves amid weak yen

Japanese Finance Minister Shunichi Suzuki on Friday stressed the need for foreign exchange rates to move stably by reflecting economic fundamentals, saying that excessive fluctuations should be ...

Posted on 03/05/2024

Vested crypto tokens worth over $3B to be unlocked in May

Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks. Vested crypto assets worth over $3.1 billion will be released ...

Posted on 03/05/2024

Analysis-Japan Faces a Tough Tug-Of-War With Yen Bears

SINGAPORE (Reuters) - Japan appears to have bought some time and respite for ... Hirofumi Suzuki, chief currency strategist at Sumitomo Mitsui Banking Corporation in Tokyo, reckons Japanese ...

Posted on 03/05/2024

Japan’s yen had a roller coaster week amid suspected intervention. Here’s what you need to know

Until the yen hit 160, several analysts had estimated levels between 155 and 160 to be the "line in the sand" for the BOJ and Japan's Ministry of Finance to intervene. The weakness in the yen had ...

Posted on 03/05/2024

Naver says Tokyo’s order to sell off Line ‘highly unusual’

An administrative directive demanding a reduction in control [over a company] is highly unusual,” Naver chief Choi Soo-yeon said during the company’s conference call that day.   Related ... ( read original story ...)

Posted on 03/05/2024

Strawberry shortcake and foreign travel: How the yen’s record slump is squeezing the Japanese

From food to travel, it’s hard to find an aspect of life in Japan that hasn’t been affected by its sinking currency. ( read original story ...)

Posted on 03/05/2024

Little Tokyo in L.A. listed as a most endangered historic place

Little Tokyo in Los Angeles has been named as one of “America’s 11 Most Endangered Historic Places” by the National Trust Historic Preservation, a U.S. nonprofit organization. ( read original story ...)

Posted on 03/05/2024

Abandoned buildings will be a big part of Japan’s future

Statistics reveal a significant increase in vacant and abandoned homes, with projections indicating a further rise unless addressed. ( read original story ...)

Posted on 03/05/2024

Japanese space debris removal startup Astroscale Holdings files for IPO, eyes $580M valuation

Tokyo-based Astroscale Holdings, the Japanese company offering space debris removal services, announced on Wednesday that its initial listing application on the Tokyo Stock Exchange had been ...

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