Wealthy clients at Japan’s biggest banking group lost out on $700 million after Credit Suisse’s risky AT1 bonds were written down to zero by Swiss regulators last month, Bloomberg reported on Friday.
Japan, India, France launch common platform to restructure Sri Lanka debt
Participation of Sri Lanka's largest bilateral creditor China at initiative remains uncertain - Anadolu Ajansı ...
BOJ’s Shimizu warns of ‘extremely high’ uncertainty over Japan’s economy
Assistant Governor Tokiko Shimizu said on Friday there had been "extremely high" uncertainty regarding Japan's economy, as slowing global growth and recent financial market stress cloud its ... ( read original story ...)
G7 ministers to offer cautious backing of Japan’s climate strategy – draft
By Kate Abnett and Makiko Yamazaki BRUSSELS/TOKYO (Reuters) -Climate ministers from the Group of Seven countries are set to agree that ammonia could be used to cut emissions from fossil fuel-based ... ( read original story ...)
Japan approves Osaka as site of country’s first casino amid problem gambling concerns
Opponents of the long-controversial plan are expected to continue their campaign to halt construction on the island of Yumeshima ahead of the resort’s late-2029 scheduled opening. ( read original story ...)
Japan, South Korea to hold first security talks in 5 years, Tokyo says
Japan and South Korea will hold security talks in Seoul on April 17, the first such meeting since March 2018, Japanese foreign and defense ministries announced on Friday. ( read original story ...)
I flew from Tokyo to LA on Japan’s largest airline. The spacious and comfortable cabin made the 10-hour ride easy.
Japanese carrier ANA operates the world's largest fleet of Boeing 787 Dreamliners, each boasting generous legroom and a footrest in economy. ( read original story ...)
Crypto Lender Amber Mulls Potential Sale of Japan Subsidiary
Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong license following the city’s pivot toward creating a digital-asset hub.
Ether surges past $2,000 and hits highest level since May after its new upgrade unlocks investors’ crypto
Second-biggest cryptocurrency ether rose topped $2,000 late Thursday after Ethereum completed long-awaited changes to its network.
Warren Buffett calls Bitcoin a ‘gambling token’ but doesn’t blame people for ‘wanting to play the roulette wheel’
Fortune Crypto provides smart and timely news about Bitcoin, Ethereum and how startups and big companies are using blockchain to transform finance and investing.
Africa in Business: crypto and mass weddings
STORY: Here are five stories that made business headlines in sub-Saharan Africa this week.1. Businesses reopened and traffic was back in urban centers of Ethiopia's Amhara region after six days of ...
Japan stocks higher at close of trade; Nikkei 225 up 1.20%
Japan stocks were higher after the close on Friday, as gains in the Transportation Equipment, Trading and Steel sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 1.20% to hit a ...
Japan Has a New Central Bank Chief, and Inflation Is Stirring. That’s Good News for the Yen and for Bonds.
Kazuo Ueda takes over the Bank of Japan, which has pursued a decade of ultradovish policies. The result could be policy normalization, resulting in a good era for the world’s No. 3 economy.
Long to-do list for Osaka casino, 2030 target tight: pundits
Referring to key partners on the planned scheme, Joji Kokuyro, managing director of Japan-based industry consultancy Bay City Ventures Ltd, stated: “There is still the need for Osaka and the MGM [Resorts International]/Orix [Corp] consortium to sign their final agreement, ( read original story ...)
Japan inflation seen persisting, export slowdown to push up trade deficit – Reuters poll
Japan's core consumer inflation likely held steady in March, a Reuters poll of 19 economists showed, highlighting persistent price strains and keeping the central bank under pressure to shift away from stimulus. ( read original story ...)
Japan, S.Korea to hold first security talks in 5 years, Tokyo says
Japan and South Korea will hold security talks in Seoul on April 17, the first such meeting since March 2018, Japanese foreign and defense ministries announced on Friday. ( read original story ...)