Japan has passed laws that redefine rape and raise the age of consent in a landmark overhaul of sex crime laws. The definition of rape was broadened to "non-consensual sexual intercourse" from "forcible sexual intercourse", aligning Japanese law's definition with other countries. ( read original story ...)
Japan to give Toyota $841 million support for domestic EV battery output
Japan will give Toyota up to $841 million in subsidies for the automaker's investment in domestic production of batteries used in electric vehicles (EVs), Industry Minister Yasutoshi Nishimura said on Friday. ( read original story ...)
Investors want crypto, but not without TradFi backing: Nomura survey
Nomura’s crypto venture division has surveyed institutional investors with an overwhelmingly positive reaction to the crypto asset class.
US clampdown has crypto kings looking abroad
After years on the sidelines, financial regulators in the United States are throwing the book at the free-wheeling cryptocurrency industry, with angry entrepreneurs threatening to take their business ...
BlackRock files for bitcoin ETF in push into crypto
BlackRock, the world's biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, as the asset class comes ...
Bank of Japan leaves rates unchanged, holding them at ultra low levels
The Bank of Japan's short-term interest rate target has been held at -0.1% since it first adopted negative rates in 2016.
Japan’s finance minister says sharp forex moves are undesirable
Japanese Finance Minister Shunichi Suzuki on Friday, when asked about the yen's recent weakening, said sharp currency movements are undesirable."Currency levels should be set by markets, reflecting ...
Japan parliament enacts law to create defense funds pool
Japan's parliament on Friday enacted a law to create a pool of funds to cover part of a substantial increase in defense spending to p ...
Japan’s Finance Minister Shun’ichi Suzuki excessive moves in fx are ‘undesirable’
Japan's Finance Minister Shun'ichi Suzuki has stated in trade today that excessive moves in fx are ‘undesirable’ and that fx should move stably reflecting fundamentals. Separately, he stated that he ...
Japan’s Idemitsu raises stake in Australia lithium company to 15%
Japan's Idemitsu Kosan Co has increased its stake in Australian lithium company Delta Lithium Limited (DLI) to 15% as it expands in metals essential for electrification and green transition, the company said in a statement on Friday. ( read original story ...)
Mubadala forms $600 million Japanese residential property venture
Abu Dhabi state investor Mubadala has formed a joint venture with Proprium Capital Partners and Manulife Investment Management to build an up to 80 billion yen ($572 million) property portfolio, Mubad ... ( read original story ...)
Japan’s Nikkei advances as chip shares gain
TOKYO, June 15 (Reuters) - Japan's Nikkei share average traded higher on Thursday led by gains in heavyweight chip related stocks, with investor sentiment staying broadly positive on strong appetite from foreign investors. The Nikkei index gained 0.34% to ...
Japan stocks lower at close of trade; Nikkei 225 down 0.05%
Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Pharmaceutical Industry, Power and Marine Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.05%. The best performers of the session ...
Asia markets headed for mixed open ahead of Bank of Japan rate decision
Overnight in the U.S., the S&P 500 and Nasdaq Composite reached their highest intraday levels since April 2022, with the S&P ending up 1.22% up and the Nasdaq gaining 1.15%. The Dow Jones Industrial ...
Takeda and HUTCHMED Announce Publication of Phase 3 FRESCO-2 Results in The Lancet
OSAKA, Japan & CAMBRIDGE, Mass. & HONG KONG & SHANGHAI & FLORHAM PARK, N.J., June 16, 2023--Takeda (TSE:4502/NYSE:TAK) and HUTCHMED (China) Limited (Nasdaq/AIM:HCM, HKEX:13) (HUTCHMED) today announced ...
Analysis: Japan hopes to shore up Philippines’ defence amid Taiwan conflict fears
Japan is preparing military aid for the Philippines to help secure sea approaches and safeguard Taiwan's western flank, officials say, deepening security ties that could bring Japanese forces back there for the first time since World War Two. ( read original story ...)