Each year, a unique phenomenon causes a mountaintop lake to transform into a giant “dragon eye”. Nestled near the Mount Hachimantai summit in north-eastern Japan is a lake mythically believed to be ... ( read original story ...)
Bank of Japan cuts growth forecast but sees recovery prospects
The Bank of Japan on Thursday trimmed its economic and price forecasts for the current fiscal year but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough ... ( read original story ...)
The invisible struggle of the Asian American small-business owner
For some small-business owners who come from communities that have been historically disenfranchised, distrust puts up barriers to financial support from the government. To Koreatown’s east, Little ... ( read original story ...)
Moderna Signs Covid-19 Vaccine Supply Contract with Japan
Moderna Inc. signed a contract with Japan’s government to supply 50 million doses of its Covid-19 vaccine and said it is in advanced talks with the European Union to expand vaccine supply there. ( read original story ...)
U.S. Approves Extradition of Carlos Ghosn’s Accused Escape Plotters to Japan
The U.S. State Department has approved turning over to Japan two Massachusetts men to face charges that they helped smuggle former Nissan Motor Co Chairman Carlos Ghosn out of the country while he was ... ( read original story ...)
Bitcoin Rally Getting Added Boost From ‘Wrapped’ Crypto Tokens
As Bitcoin rallied to its highest level in almost three years, it was getting some unlikely support from advocates of its biggest rival. ( read original story ...)
Two Indicted in Latest Federal Prosecution of SIM-Swapping Crypto Theft
Federal prosecutors on Wednesday said that two men have been indicted for stealing cryptocurrency from victims through a SIM-swapping and phishing fraud scheme. The case should remind members of the ... ( read original story ...)
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
New York state’s financial regulator is urging firms to pay closer attention to financial risks associated with climate change. In a letter sent to all regulated entities on Thursday, the New York ... ( read original story ...)
Japan’s Nitori says to make counter bid for Shimachu
Japanese furniture retailer Nitori Holdings Co said on Thursday it plans to launch a $2 billion counter bid for home improvement retailer Shimachu Co. Nitori said it would pay 5,500 yen per share for ... ( read original story ...)
MS&AD to use Tractable’s AI across Japan to accelerate recovery from auto accidents
MS&AD, one of the world's largest property and casualty insurers*, is to use AI to accelerate how it processes auto claims, speeding ... ( read original story ...)
Bill Hinman, who spearheaded the SEC’s early crypto policies, is leaving the commission
Hinman's commentary on the status of cryptocurrencies and the Howey Test was particularly critical to regulation surrounding ICOs. ( read original story ...)
Tokyo stocks bleed for fourth day on mounting pandemic fears
Tokyo stocks lost ground for the fourth straight session Thursday ... heavy selling pressure stemming from their hefty operating loss estimates for the current business year ending next March. Among ... ( read original story ...)
Japan’s IR plans may be delayed, but PM confirms the push is on
New Japanese Prime Minister Yoshihide Suga tells legislators there are no plans to cancel the country’s integrated resorts project. ( read original story ...)
Crypto Exchange FTX to Trade Top Stocks From Tesla to Amazon
Cryptocurrency traders will soon be able to trade tokenized shares of some of the world’s largest companies like Apple Inc. and Amazon.com Inc. Crypto exchange FTX, in partnership with German ... ( read original story ...)
Coinbase launches crypto debit card in U.S. with 1% Bitcoin reward
Owning cryptocurrencies like Bitcoin has long come with a drawback: There are few practical opportunities to spend them since so few merchants accept them and, for those stores that do, transactions ... ( read original story ...)
Tesla meets crypto as FTX launches fractionalized stock trading
Major cryptocurrency derivatives exchange FTX has launched trading in “fractional stocks offerings” — tokenized products representing the shares of global firms. The products were launched on Oct. 29 ... ( read original story ...)