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Posted on 12/01/2023

Most Japan households predict higher prices, keeps pressure on BOJ

People walk as they make their way at a shopping district in Tokyo, Japan December 23, 2022. REUTERS/Kim Kyung-Hoon/Files ...

Posted on 12/01/2023

Japan’s MoF Official: Interest rates won’t remain low indefinitely

Michio Saito, Director-General of the Financial Bureau at Japan’s Ministry of Finance (MoF), said in a statement early Wednesday, “interest rates remain low but the current situation won't last ...

Posted on 12/01/2023

Just South of Tokyo, Cherry Blossoms Have Come Early To This Enchanted Land!

Tokyo typically sees cherry blossom season between late March and early April. But if you travel around an hour south to the city of Atami, you can experience the gorgeous blossoms from January! Main ( read original story ...)

Posted on 11/01/2023

A law firm involved in FTX’s bankruptcy is under fire from 4 senators after an ex-customer noted that it earned $20 million from the crypto giant

SBF's company paid Sullivan & Cromwell millions in fees and retainers before bankruptcy, so senators are concerned it can't properly investigate FTX.

Posted on 11/01/2023

FTX Has Wrecked the Crypto Party in Paradise

The digital currency exchange’s stupendous fallout has put local Web3 companies in the Bahamas on the back foot.

Posted on 11/01/2023

Bank of America downgrade Coinbase, says consensus estimates may be ‘way too high’ given the current crypto outlook

Wall Street is overestimating Coinbase's ability to weather a tough crypto environment, according to Bank of America.

Posted on 11/01/2023

Gemini Officially Terminates Crypto Earn Program Amid DCG, Genesis Spat

The Winklevoss twins’ Gemini has terminated its flagship Earn program, in the latest shot fired in its public spat with crypto lender Genesis. In an email sent to Gemini customers on Tuesday, seen by ...

Posted on 11/01/2023

Winklevoss twins’ accusations of lies and fraud at crypto giant DCG are a ‘desperate publicity stunt’, the Genesis owner says

DCG struck back at Cameron Winnklevoss in a Tuesday tweet, saying the twin cofounder of Gemini is trying to "deflect blame." ...

Posted on 11/01/2023

FTX’s Sam Bankman-Fried put $20 million into a big VC fund that then took a stake in the crypto exchange right back

FTX's Sam Bankman-Fried invested $20 million in a fund managed by Paradigm, a Web 3 investment company, that then backed the collapsed exchange.

Posted on 11/01/2023

Hong Kong set to shortlist crypto tokens for retail trading

Hong Kong securities watchdog will propose a subset of tokens it would allow for retail investors' trading, its chief executive said on Wednesday, as it presses on with a new regulatory regime that ...

Posted on 11/01/2023

Uniqlo owner gives Japan Inc a jolt with 40% wage hike

Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, a clear sign that Japan's rock-bottom salaries may be starting to budge after decades of deflation and cost-cutting. ( read original story ...)

Posted on 11/01/2023

Explainer: Why the U.S. is overhauling its marines on Japan’s Okinawa

The United States plans to shake up its marine force on Japan's Okinawa islands as Tokyo undertakes its biggest military build up since World War Two that will double defence spending over five years ... ( read original story ...)

Posted on 11/01/2023

Japan, S. Korea protest China visa stoppage amid COVID spat

Japan and South Korea defended public health restrictions on travelers from China on Wednesday, a day after China stopped issuing new visas in both countries in apparent retaliation ... ( read original story ...)

Posted on 11/01/2023

Egg prices ‘expected to soar’ in Japan after record cull of 10 million birds

Japan has culled just under 10 million birds as it confronts a massive outbreak of avian flu, which is threatening to put further strain on poultry supply and increase the price of eggs. ( read original story ...)

Posted on 11/01/2023

Cost of living: Uniqlo to raise pay in Japan by up to 40%

The owner of Japanese fashion chain Uniqlo says it will raise the pay of staff in its home country by up to 40%. Fast Retailing says the new pay policy will apply to full-time employees at its ... ( read original story ...)

Posted on 11/01/2023

Crypto exchange Coinbase to close most of Japan operations

US-based cryptocurrency exchange Coinbase Global Inc. is closing the bulk of its operations in Japan as part of a move to adjust international investment amid a slump in the digital-asset sector.

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