Japanese e-commerce and fintech giant Rakuten Group Inc on Friday posted an operating loss of 76.2 billion yen ($564.24 million) for the first three months of 2023, dragged down by its money-losing ... ( read original story ...)
Asian shares weaken on global growth concerns, Japan outperforms
Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from U.S. and China fuelled concerns of a global slowdown.The mood ... ( read original story ...)
Foxconn, Sharp shares slide after Japan firm’s surprise writedown
By Kiyoshi Takenaka and Sarah Wu TOKYO/TAIPEI (Reuters) -Shares of Taiwan's Foxconn and its display affiliate Sharp Corp fell on Friday after the Japanese firm reported a surprise $1.9 billion loss ... ( read original story ...)
Shares of Japan’s Sharp tumble after $1.9 billion full-year loss
Shares of Sharp Corp, the Japanese electronics maker owned by Taiwan's Foxconn, tumbled 7% on Friday after it reported a $1.9 billion loss on write-downs of its panel display business and other assets ... ( read original story ...)
Naomi Osaka May Have Hinted At Her Baby’s Gender
Soon-to-be mommy Naomi Osaka may have thrown a bone to her Instagram about her unborn child’s gender. While marketing her new skincare brand Kinló, she posted a carousel featuring special moments in ... ( read original story ...)
Lightning strike brings hundreds of train services to halt in Tokyo, stranding passengers
A lightning strike that damaged signals on Tokyu Railways' Toyoko Line in Tokyo on the afternoon of May 11 brought over 300 trains to a halt, ( read original story ...)
Airman returns to his alma mater at air base in Tokyo with token of thanks
YOKOTA AIR BASE, Japan — A graduate of the Defense Department high school at this airlift hub in western Tokyo returned Thursday to share a combat memento with his former teachers. Senior Airman Michael McDougall of the 8th Airlift Squadron at Joint Base ... ( read original story ...)
Toyota flags possible leak of more than 2 million users’ vehicle data in Japan
Toyota Motor Corp said on Friday the vehicle data of about 2.15 million users was left publicly available in Japan because of setting errors in the cloud environment, for about a decade from November 2013 to April 2023. ( read original story ...)
Chinese warships sail around Japan as tensions rise ahead of G7 summit
A Chinese naval flotilla led by a powerful destroyer has been on a 12-day circumnavigation of Japan's main islands in a display of military power as tensions simmer over Taiwan and as Japan prepares to host G7 leaders next week. ( read original story ...)
Japan government’s crypto czar touts nation’s Web3 capabilities
Japan was an early believer in blockchain and cryptocurrencies until exchange hacks brought a crackdown. But that was then. Now the government has become a crypto cheerleader.
Nikkei hits 1-1/2 year-high amid shareholder return boosts
Japan's Nikkei share average hit its highest in 1-1/2 years on Friday, led by gains in chip-related heavyweights, as investors cheered announcements of domestic firms' shareholder returns at the peak ...
Asian Shares Tentative on Global Growth Concerns, Japan Surges
Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from U.S. and China magnified concerns of a global slowdown, although ...
Japan M2 Money Stock Climbs 2.5% On Year In April
The M2 money stock in Japan was up 2.5 percent on year in April, the Bank of Japan said on Friday - coming in at 1,232.4 trillion ... ( read original story ...)
‘Dairy crisis’ hits Japan as farm bankruptcies see 10-year high
We're beginning to see a 'dairy crisis' in which domestically-produced milk becomes hard to obtain." (Japanese original by Yusuke Hiratsuka, Business News Department) ... ( read original story ...)
Tokyo teacher sent to prosecutors for murder, likely laden with debt
Kosuke Omoto, 36, allegedly stabbed to death Masafumi Yamagishi, 63, at the latter's home in Tokyo's Edogawa Ward ... during questioning before his arrest that he had been in the property before as he ... ( read original story ...)
G-7 finance chiefs to check bank risks, supply chains with partners
TOKYO (Kyodo) -- The finance chiefs of the Group of Seven nations on Friday will discuss ways to protect financial stability from bank runs caused by the widespread use of message apps and online ...