Japanese steelmakers' labour unions are pushing for a base pay increase of 30,000 yen ($201) a month to ensure workers' wage growth outpaces inflation, unionists said on Friday, as annual talks with ... ( read original story ...)
Tokyo hits 30-year high, with many Asian markets shut for Lunar New Year holiday
Its stock has dropped nearly 60 since it shocked investors across the banking industry with a surprise loss last week, and Moodys cut its credit-rating to junk status earlier this week.In the bond ... ( read original story ...)
IMF urges Bank of Japan to end bond yield control, huge asset buying
THE Bank of Japan (BOJ) should consider ending its yield curve control and massive asset purchases now, and then gradually raise short-term interest rates, the International Monetary Fund (IMF) said ...
Demand to Short Japan’s Aozora Rises Even After 34% Stock Plunge
A growing number of investors are betting on a further rout in Japanese lender Aozora Bank Ltd., even after its shares crashed last week on losses tied to US commercial real estate.
Japan’s Nikkei hits 34-year high on weak yen
“The Nikkei has now gained more than 1,000 points in two days, and that can become infectious. At least that’s the theory. It’s a very important index for building overall market sentiment, even if ...
Nagoya man arrested on suspicion of hit-and-run with electric scooter
According to the police, the suspect went the wrong way down a one-way street and hit a 47-year-old man, breaking his collarbone and ribs. ( read original story ...)
Nagoya man arrested over e-scooter hit-and-run that left pedestrian injured
Police here on Feb. 8 arrested a man on suspicion of hitting a pedestrian while operating an electric kick scooter and fleeing the scene.Kazunori Matsuzaki, an unemployed man from Nagoya's Naka Ward, ... ( read original story ...)
Osaka court sentences man to 20 years in prison for raping young daughter
A 55-year-old man was sentenced to 20 years in prison in a lay judge trial at the Osaka District Court on Feb. 8 for raping his then 12-year- ... ( read original story ...)
AEG Seals Naming-Rights Deal for New Arena in Japan
A 17,000-seat arena under construction in Nagoya, Japan, will be known as IG Arena after Los Angeles-based sports and entertainment giant AEG reached a naming-rights deal with online trading and ...
Bankrupt Crypto Lender Genesis Global Settles NY Fraud Lawsuit
Genesis Global Holdco LLC has settled a lawsuit brought by New York’s top law enforcement official alleging the bankrupt crypto lender defrauded customers of its now-terminated Gemini Earn program, ...
Japan Finance Minister Suzuki says he expects BOJ to keep in close touch with govt
Japanese Finance Minister Shunichi Suzuki said on Friday that he expects the Bank of Japan to guide monetary policy appropriately while keeping close contact with the government.Suzuki reiterated that ...
TOKYO VICE – SEASON 2 : STREAM IT OR SKIP IT?
Parting Shot: “This meeting never happened. If you ever say otherwise, I’ll come back. And kill you.” In Vice, the line that separates police work from the criminal world has never been solid. But the ... ( read original story ...)
NBA sued by investors over ties to failed crypto exchange Voyager
The National Basketball Association is being sued for its promotion of defunct crypto exchange Voyager Digital Holdings, which investors allege led to losses of more than $4.2 billion.
Watch live: Kobe Bryant statue unveiled outside Crypto.com Arena in downtown Los Angeles
The Lakers will be unveiling a state honoring late superstar Kobe Bryant at the Star Plaza outside the Crypto.com Arena on Thursday.
Japan’s stock markets are on a tear. Will ‘zombie’ firms threaten the bull run?
As interest rates rise, there are concerns that zombie companies will be at greater risk of bankruptcy and bailouts, which could lead to a broader economic fallout.
Japanese firms boosting pay for young workers is good news for Bank of Japan
JAPANESE firms are increasingly boosting starting pay for young employees, potentially building longer-term momentum for overall wage growth in a welcome development for the Bank of Japan as it seeks ...