When it was confirmed that Ayase Ueda would be absent from the current international window -- after suffering an injury that will rule him out for the rest of 2024 while on club duty with Feyenoord -- there was initially slight apprehension as to how Japan would cope without the man who has made their ...
Sex industry recruiters in Tokyo arrested
Tokyo Metropolitan Police have arrested five people on suspicion of violating Japan's Employment Security Act. They are believed to have run a nationwide operation to recruit women via social media to ... ( read original story ...)
Japan’s beef bowl economy shows consumer resilience as prices rise
Beef bowls are serious business in Japan. Shares of Zensho Holdings rose 10 per cent on Tuesday to give the local fast-food restaurant operator a market value of nearly $10bn following plans to raise ... ( read original story ...)
Metaplanet Sees Record $142M Trading Day Following Bitcoin Acquisition
Metaplanet set a historic trading volume of ¥21.9 billion, outpacing major Japanese corporations. The company’s aggressive Bitcoin acquisition strategy, combined with new debt offerings, has ...
After Binance’s Costly Lesson, Do Rival Crypto Exchanges Risk Running Afoul of U.S. Rules?
That doesn't mean these MAUs were trading in violation of U.S. rules; they could've just been engaging in allowed behavior like checking crypto prices. But with VPNs, it's possible for Americans to circumvent geoblocks, a costly lesson exchange giant ...
The SEC’s Gary Gensler must refrain from doing more harm to crypto on his way out the door
The Securities and Exchange Commission's (SEC) campaign against the crypto industry has cost American companies more than $400 million in legal defense costs alone. That's enough to fund multiple startups or research initiatives that could have advanced U.
Crypto Investor Turned $33K into $12.2M in just 24 days
A Crypto investor analyzed the hype around the newly launched token ai16z, making $12.1M in profits in crypto trading.
Southeast Asia raises only US$3 bil in total IPO capital so far in 2024, lowest in nine years: Deloitte
In the first 10 and a half months this year, IPO capital markets in Southeast Asia saw 122 IPOs, a decline compared to 2023.
Elliott Reports Stake in Tokyo Gas as Activists Target Japan
Elliott Investment Management reported a major stake in Tokyo Gas Co. as activist investors increasingly seek to unlock hidden value in Japanese firms.
Bayer acquires rights to Cytokinetics’ heart drug in Japan
Bayer on Tuesday struck a collaboration deal with U.S. biotech firm Cytokinetics to acquire certain rights in Japan to an experimental heart drug, as the German group strengthens its cardiovascular ... ( read original story ...)
Activist investor Elliott takes stake in Tokyo Gas, filing shows
U.S. hedge fund Elliott Management Corp has taken a stake of 5.03% in Tokyo Gas , a regulatory filing showed on Tuesday. ( read original story ...)
Japan’s Norinchukin posts $3.1 bln Q2 loss after selling sovereign bond holdings
Japan's Norinchukin Bank posted on Tuesday a net loss of 481 billion yen ($3.11 billion) for the July-September quarter after selling part of its extensive sovereign bond portfolio. ( read original story ...)
Japan’s MOL and KEPCO ink agreement for liquefied hydrogen carrier study
Japan's Mitsui O.S.K. Lines and Kansai Electric Power Company have signed a memorandum of understanding (MoU) for the joint study of a liquefied hydrogen carrier, the companies said in a joint ... ( read original story ...)
Japan’s LDP Names Former Minister Yamagiwa as Chip Czar
Japan’s ruling party named Daishiro Yamagiwa as the new chairman of its group that promotes semiconductors, as it sets up a new mechanism to boost funding for the key industry.Yamagiwa, who formerly ... ( read original story ...)
Investors reload rate hike bets in Japan
Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise as soon as next month. ( read original story ...)
Sony in Talks to Buy Japan Anime Firm Kadokawa, Reuters Says
Sony Group Corp. is in discussions to acquire Japanese content publisher Kadokawa Corp., Reuters reported, citing two unidentified people familiar with the matter. ( read original story ...)