NEW YORK -- New York City and Tokyo will strengthen business and economic ties under an agreement inked Friday, including by helping startups in each city expand into the other. ( read original story ...)
Charles Schwab incoming CEO: ‘I feel silly’ for not buying crypto
Charles Schwab's incoming CEO is in the same boat. "Crypto has certainly caught many's attention, and they've made a lot of money doing it," Rick Wurster, the bank's current president, told Bloomberg in a Thursday interview. "I have not bought crypto ...
Osaka zookeeper indicted for stealing food for monkeys and chimpanzees
Police in Osaka have sent papers to prosecutors on a 47-year-old man who worked as a zookeeper at Tennoji Zoo, on suspicion of stealing vegetables, fruit and other items used to feed the monkeys and chimpanzees. ( read original story ...)
‘Japan’s Best Ski Chalet’ Is Being Sold for the First Time
A four-time award winning chalet in Niseko, Japan, is on sale for the first time asking 1.5 billion yen (US$9.6 million). The winter getaway, called Hakuchozan or “Swan Mountain,” is a ... ( read original story ...)
Illicit Crypto Inflows from Japanese Exchanges Drop in H1 2024: Chainalysis
Illicit crypto inflows tied to scams on Japanese exchanges saw a major decline in the first half of 2024, according to Chainalysis.
Japan’s Don Quijote, Bic Camera to open tourist-focused stores
TOKYO -- Japanese retailers Don Quijote and Bic Camera plan to open stores geared for foreign tourists in Japan as spending by inbound visitors hits record levels.
Man pleads guilty to Yokohama workplace murder
A judge handed down punishment to a man who shot and killed a coworker at the Yokohama Tire plant near West Point. ( read original story ...)
Why Japan’s Tokyo is emerging as a sex hub
Tokyo, which is witnessing an influx of foreigners, a rise in poverty and a weaking of the Japanese yen, is emerging as a sex hub. Experts say many young women, left impoverished during the COVID-19 pandemic, ( read original story ...)
Tokyo couple served 4th arrest warrant in series of antifreeze chemical poisoning deaths
Kenichi Hosoya, left, and his wife Shiho. (Mainichi/Tatsuro Tamaki and Ayumi Iwasaki) TOKYO -- A Tokyo couple arrested on suspicion of killing three family members with a chemical found in antifreeze were served fresh arrest warrants on Nov. 22 on ... ( read original story ...)
Japanese police seek arrest of Chinese boy over Yasukuni Shrine graffiti
Tokyo police have obtained an arrest warrant for a Chinese teenage boy for alleged property damage after graffiti was found at Yasukuni Shrine in August, investigative sources said Thursday. The ... ( read original story ...)
A proposed climate tax on crypto mining is gaining momentum
A levy on energy-hungry crypto mining, at $0.045 per kilowatt-hour (kWh) of electricity used, could generate $5.2 billion in revenue annually, according to a report released last week by the Global Solidarity Levies Task Force, led by Kenya, Barbados, and France.
Bank of Japan will proceed cautiously with normalisation in 2025
The Bank of Japan has an important short-term decision to make regarding whether to raise interest rates in December or January to 0.5 per cent. This will depend largely on whether the yen weakens ...
Japanese Chip Maker Kioxia Plans Tokyo Market Debut
Kioxia Holdings plans to raise more than $740 million in its initial public offering and list in Tokyo on Dec. 18, seeking growth capital to meet rising demand for chips used in artificial ... ( read original story ...)
Latest US Sanctions Will Not Hit Osaka Gas Purchases of Russian LNG
The latest U.S. sanctions against Russia are not expected to affect the purchases of Japan’s Osaka Gas of Russian LNG under its long-term contract for LNG from the Sakhalin-2 LNG project, Osaka Gas’s ...
Japan passes $250B economic package meant to lift wages and spur growth
Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomes TOKYO -- Japan approved a 39 trillion yen ($250 billion) economic stimulus package ... ( read original story ...)
Memory chipmaker Kioxia set for December IPO in Japan, valued at $4.9B – report
Private equity firm Bain Capital-backed Kioxia is being valued at about 750B yen (around $4.85B) in its proposed Japanese IPO.