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Tag: tokyo

Posted on 07/06/2024

‘Jesus was the best affiliate marketer in the world’: How a ‘Reverend CEO’ allegedly stole $1 billion in a crypto scam

Over three years, investigators say Cynthia Petion and her husband, Eddy, brought in $1 billion worth of cryptocurrency investments. But it was all

Posted on 07/06/2024

Japan’s Rapidus raises sales target on upbeat outlook for AI devices

TOKYO -- Japanese government-backed chipmaker Rapidus is aiming for higher sales for its cutting-edge semiconductors than previously anticipated as it expects strong demand for AI in PCs and ...

Posted on 07/06/2024

Japan’s Nikkei rises as chip-related shares track US peers higher

TOKYO: Japan’s Nikkei share average ended higher on Thursday as Tokyo Electron and other chip-related stocks tracked their US peers higher, but gains were capped amid caution ahead of global central ...

Posted on 07/06/2024

Japan household spending sees first rise in 14 months

Japan's household spending rose in April for the first time in 14 months, official data showed Friday, as wages grow at the fastest pace in three decades.The figure was up 0.5 percent on-year with ...

Posted on 07/06/2024

Japan finance minister says forex intervention should be done in restrained manner

Japan's Finance Minister Shunichi Suzuki said on Friday that foreign exchange intervention should be done in a restrained manner, after data suggested Tokyo tapped a vast pool of foreign reserves for ...

Posted on 07/06/2024

Japan Likely Sold Treasuries to Fund Record Yen Intervention

Japan’s holdings of foreign securities dropped sharply in May, indicating that the government likely financed most of its recent record currency market intervention by selling securities including ...

Posted on 07/06/2024

‘Mermaid academy’ helps promote growing aquatic art form in Japan

A small business based in Nagoya, central Japan, is offering people of all ages a chance to step into colorful fish tails and learn ... ( read original story ...)

Posted on 07/06/2024

Japan Defends Its Turf in the Global Chip Wars

With subsidies and a $6 billion acquisition, Tokyo wants to make its companies indispensable in the global supply chain. ( read original story ...)

Posted on 07/06/2024

New York sues over $1 billion crypto frauds targeting immigrants

New York Attorney General Letitia James sued two cryptocurrency companies and their promoters, saying they defrauded hundreds of thousands of victims out of more than $1 billion by preying on the religious faith of people from Haitian and other immigrant communities.

Posted on 07/06/2024

Scoop: Ex-federal agents and prosecutors ask White House to help imprisoned crypto exec

A group of over 100 former federal prosecutors and federal agents on Thursday sent a letter to Secretary of State Tony Blinken, asking that the U.S. government "step up its efforts" to secure the release of crypto executive Tigran Gambaryan from a Nigerian prison, Axios has learned.

Posted on 07/06/2024

Asia markets are set for mixed open as investors await China trade numbers and Japan pay data

Asia-Pacific stocks were set for a mixed open on Friday as investors awaited key economic data from China and Japan, with markets also assessing the European Central Bank's rate cut. China's May ...

Posted on 07/06/2024

Tokyo’s government plays matchmaker with new dating app to reverse its plunging birth rate

The birth rate in Japan is so low that its biggest city’s government is going to desperate measures to help couples find love.

Posted on 07/06/2024

Japan’s Suzuki says to consider the effectiveness of intervention

Japanese Finance Minister Shunichi Suzuki said on Friday that he will take action against excessive currency volatility when necessary and will consider the effectiveness of intervention.

Posted on 07/06/2024

Japan’s Households Boost Outlays First Time in 14 Months

Another downside risk going forward is a fresh certification scandal involving Japan’s automakers including Toyota Motor Corp. and Mazda Motor Corp., which led them to suspend the delivery and sales ...

Posted on 07/06/2024

Tokyo DisneySea’s new Fantasy Springs area is now open. Here’s what awaits visitors

Tokyo DisneySea – the global brand’s only ocean-themed park – has just unveiled its long-awaited expansion to the public. The new themed land, called Fantasy Springs, combines the worlds of three ... ( read original story ...)

Posted on 07/06/2024

Tokyo stocks open flat ahead of US jobs data

Tokyo stocks opened nearly flat Friday as investors looked to U.S. employment data for May due out later in the day for clues about t ... ( read original story ...)

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