SoftBank Corp. plans to buy an industrial property in Osaka for more than $600 million to set up a big data center for artificial-intelligence applications, its latest investment in the burgeoning ... ( read original story ...)
Japan says overall economy recovering, cuts view on corporate profits
TOKYO, Dec 20 (Reuters) - Japan's government said on Friday that the economy was recovering moderately in December but warned of risks ahead, such as higher interest rates overseas and policies in the ... ( read original story ...)
Tether Removal Puts Europe at Risk of Missing Trump Crypto Boom
European Union cryptoasset regulations set to take full force at year-end are already reshaping the market for a key type of digital token, potentially weakening the bloc’s appeal to investors just as crypto convert Donald Trump gets ready to take office in the US.
BofA, Nomura Push Out Bank of Japan Rate Hike on Dovish Ueda
Economists at two major financial firms pushed out expectations for the Bank of Japan’s next interest rate hike to March 2025 from January after Governor Kazuo Ueda struck a cautious tone in his ...
SoftBank Corp. Plans to Buy Osaka Property for More Than $600M, Set Up AI Data Center
SoftBank Corp. plans to buy an industrial property in Osaka for more than $600 million to set up a big data center for artificial-intelligence applications.
Yen falls to upper 157 vs. dollar as BOJ rate hike expectations fade
The yen hit a five-month low in the upper 157 range against the U.S. dollar in Tokyo on Friday as expectations of interest rate incre ...
Bank of Japan bids final farewell to Kuroda’s radical policy experiment
In rare criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda's stimulus didn't change consumer psychology as much as planned, continuing a symbolic shift away from ...
Yen falls to upper 157 range vs. dollar as BOJ hike expectations fade
The yen hit a five-month low in the upper 157 range against the U.S. dollar in Tokyo on Friday morning as expectations of interest ra ...
Sapporo arson suspect dies in hospital
Police still intend to submit the arson case to prosecutors and are committed to piecing together the events that led to the blaze. ( read original story ...)
Japan: Funny play with a dog in Osaka, Japan
On December 13, 2024, in Osaka, Japan, @s.k.999 shared a video of a person playing with their dog, Coco. In the video, the dog emits noises while lying on the floor as the person tickles it. The ... ( read original story ...)
Japan’s ruling camp fails to secure opposition support for tax reforms
Japan's minority ruling coalition on Friday failed to secure support from a key opposition party for its planned tax reforms, a development that could jeopardise Prime Minister Shigeru Ishiba's budget ... ( read original story ...)
Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll
Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government's suspension of its gas and electricity subsidies, a Reuters poll showed on Friday. The ... ( read original story ...)
Japan’s government ‘alarmed’ by recent forex moves, top officials say
Top Japanese finance officials said on Friday the government is "alarmed" by recent foreign exchange moves and is ready to intervene if speculative moves were deemed excessive, as the yen resumed its ... ( read original story ...)
Japan’s Nikkei set for weekly decline despite weak yen tailwind
Japan's Nikkei share average on Friday was headed for its worst week since early November despite the tailwind of a weaker yen, as weakness on Wall Street and caution ahead of major central bank policy decisions weighed.
Japan’s finance ministry may force a rate hike, with yen heading toward 160 level: Strategist
Masahiko Loo, senior fixed income strategist at State Street Global Advisors, says that with the yen approaching 160 against the dollar, Japan's finance ministry may force an interest rate hike at the ...
Greater Tokyo new condo prices drop in November
Greater Tokyo new condominium prices fell in November on a slump in the number of high-end luxury units added to the market. ( read original story ...)