The opening in Osaka of a integrated resort (IR) with a casino will create fresh business opportunities in the Japanese metropolis and help support public-sector finances, says Hirofumi Yoshimura, the ... ( read original story ...)
Gas turbine demand is solid despite DeepSeek, Mitsubishi Heavy CFO says
Demand for gas turbines should remain solid even if data centres require less electricity, Mitsubishi Heavy Industries' (MHI) finance chief said on Tuesday, after a market rout last week driven by the ... ( read original story ...)
Tokyo court upholds sentence for former Nissan exec Kelly
TOKYO, Feb 4, 2025 (BSS/AFP) - A Tokyo court on Tuesday upheld a suspended six-month sentence for former Nissan executive Greg Kelly, a one-time aide of the firm's fugitive ex-CEO Carlos Ghosn. ( read original story ...)
Tokyo high court upholds suspended sentence for ex-Nissan exec Kelly
TOKYO (Kyodo) -- The Tokyo High Court on Tuesday upheld a lower court ruling that gave former Nissan Motor executive Greg Kelly a suspended sentence for his role in the underreporting of former CEO ... ( read original story ...)
Japan’s biggest lender MUFG posts 32% jump in third-quarter profit
Japan's largest lender Mitsubishi UFJ Financial Group reported on Wednesday a 32% increase in quarterly net profit. ( read original story ...)
Arthur Hayes says Bitcoin could hit $250,000: ‘China needs to pump up..’
Arthur Hayes predicts Bitcoin will hit $250K, driven by global money printing as the U.S., China, Japan, and Europe flood markets with liquidity.
Bank of Japan aims to achieve 2% inflation as measured by overall CPI: Ueda
BANK of Japan Governor Kazuo Ueda said on Tuesday the central bank will aim to achieve 2 per cent inflation, as measured by the overall consumer price index, on a sustained basis. Read more at The ...
Sapporo Snow Festival kicks off with giant sculptures
Snow sculptures created by locals include one of Hokkaido native Haruka Kitaguchi, who won gold in the women's javelin throwing in the 2024 Paris Olympics. ( read original story ...)
7 arrested for allegedly running illegal sex biz for foreigners in Tokyo’s Kabukicho
Seven men have been arrested for allegedly running illegal sex businesses disguised as "men's esthetic salons" in Tokyo's Kabukicho entertain･･･ ... ( read original story ...)
Japan’s Mitsui could study Alaska LNG project, no decisions made, CFO says
Japanese trading house Mitsui could consider studying a project to liquefy natural gas in Alaska in the United States, Chief Financial Officer Tetsuya Shigeta, said on Tuesday, adding that no ... ( read original story ...)
Japan’s Sumitomo Corp raises full-year profit forecast to $3.6 billion
Japanese trading house Sumitomo Corp on Tuesday raised its net profit forecast for the fiscal year through March to 560 billion yen ($3.61 billion) from previous guidance of 530 billion yen. It also ... ( read original story ...)
Tokyo high school girl expelled after filing police complaint over forced apology letter
A then third-year student at Musashino Higashi Specialized High School in Musashino, Tokyo, was expelled in January after filing a criminal c･･･ ... ( read original story ...)
Japan’s Sumitomo Corp raises full-year profit forecast to $3.6 bln
Japanese trading house Sumitomo Corp on Tuesday raised its net profit forecast for the fiscal year through March to 560 billion yen ($3.61 billion) from previous guidance of 530 billion yen. ( read original story ...)
Japan’s 2024 food exports hit record high despite China’s seafood import bans
Japan's exports of agricultural, forestry and fishery products rose 3.7% to a record high in 2024, despite China's ban on seafood imports following Tokyo Electric Power's water discharge from the ... ( read original story ...)
Trump’s sovereign wealth fund is likely to include crypto, some experts say
"Given the current administration's well-articulated support of digital assets, it is highly likely the sovereign wealth fund announced today will include Bitcoin and possibly oth ...
Trump’s tariff threat sends crypto prices falling, including his own meme coin
Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets seeing values fall more than 10%.