Japanese stocks jumped on Friday, supported by the dollar's surge against the yen, after a U.S. trade deal with Britain fuelled hopes of progress in tariff talks with other countries.
Celsius CEO Alex Mashinsky sentenced to 12 years in multibillion-dollar crypto fraud case
Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a dramatic fall for the leader of a company once hailed as the “bank” of the crypto industry.
Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project
The social media giant is exploring how to use stablecoins to pay content creators, among other uses, according to sources familiar with the matter.
Japan’s Megabanks to Remain Buoyed by BOJ’s Long Game to Hike Rates
Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. will detail how much the Bank of Japan’s commitment to raise borrowing costs could help profit ...
Japan’s corporate governance wave reaches the industrial heartland in Nagoya
The city of Nagoya and the area around it are home to manufacturing giants including Toyota and Toyota group auto parts maker Denso. ( read original story ...)
Japan fair trade watchdog warns Tokyo hotels over information-sharing
Japan's fair trade watchdog has warned 15 luxury hotels in Tokyo that their sharing of information on occupancy rates and prices could violate anti-monopoly laws. ( read original story ...)
Nissan abandons plan for $1.1 billion EV battery plant in southern Japan
Nissan Motor said on Friday it would abandon a plan to build a $1.1 billion factory for electric vehicle batteries on Japan's southwestern island of Kyushu, marking the latest change of plans for the ... ( read original story ...)
Japan’s nominal wage growth slows, backing case for BOJ caution
Nominal cash earnings rose 2.1% from a year earlier, decelerating from a revised 2.7% pace in February and below a median economist forecast of 2.5%. ( read original story ...)
DHLT’s 1QFY2025 distributable income down by 9.9% to $8.2 mil on lower exchange gains and higher interest expenses
In JPY terms, NPI fell by 1% y-o-y to 1.19 billion yen ($10.59 million) as the REIT’s contribution from DPL Ibaraki Yuki, which was acquired on March 15, was offset by vacancies in the Japanese ... ( read original story ...)
Senate vote to advance crypto bill fails after bipartisan talks stall
Democrats united against the current version of the bill as they've raised concerns over Trump’s ties to the industry.
TradeStation exec reveals surprising truth about $10 trillion crypto market cap
Regulated platforms are opening the door to institutional-grade strategies in crypto, but warns that most of the market remains limited—and overwhelmingly Bitcoin-focused.
Nissan abandons plan for EV battery plant in southern Japan, Nikkei reports
Nissan Motor has decided to abandon a plan to build a factory for electric vehicle (EV) batteries in Kitakyushu, southern Japan, only months after announcing the project, the Nikkei business daily ...
Japan’s Wage Growth Slows, Backing Case for BOJ Caution
Growth in Japan’s nominal wages slowed more than expected in March, adding to the case for the Bank of Japan to proceed cautiously with interest-rate hikes as economic risks at home and abroad ...
Japan March real wages down for third month, overtime pay falls
Japanese real wages decreased for a third consecutive month in March against the background of relentless inflation, while overtime salaries fell at the fastest pace in almost a year, government data ...
Japan’s Early Exports in April Slow as US Tariffs Hit Firms
Japan’s exports slowed in the first 20 days of April as the US tariff campaign intensified with new car and across-the-board levies. ( read original story ...)
Tokyo luxury hotels warned against cartel-like price info sharing
Japan's antitrust watchdog on Thursday warned more than a dozen high-end Tokyo hotel operators over regularly sharing their room rates and occupancy data, deeming the practice as bordering on cartel ... ( read original story ...)