The head of the failed Japan-based bitcoin exchange Mt. Gox is due to appear in Tokyo District Court on Tuesday to face embezzlement charges. Authorities suspect France-born Mark Karpeles of accessing the exchange's computer system in February 2013 and ... ( read original story ...)
Thousands of goldfish bring Tokyo art exhibit to life
Hidetomo Kimura's traveling 'Art Aquarium' exhibition puts on display around 5,000 goldfish and 3,000 other maritime creatures, such as seahorses, in 130 LED-lit tanks of various shapes, colors and sizes. The LED displays provide a colorful variety of ... ( read original story ...)
Nagoya forensic scientists recover human DNA from mosquitos
Nagoya, Japan - Most people would agree that painful mosquito bites are an especially annoying part of summer. Except perhaps forensic scientists, who can examine human blood from a mosquito's stomach and match the DNA to determine who was bitten. This ... ( read original story ...)
Retailer Muji to Open Hotel in Tokyo
Renderings for the Muji Hotel in Tokyo, due to open in the spring of 2019. (Photo courtesy: AFP Relaxnews/ MUJI) Japanese retailer Muji is the latest homeware company to enter the hotel business, announcing plans to open their first branded property in Tokyo. ( read original story ...)
Japan’s leader sees popularity sink, seeks Cabinet shuffle
Experts say a slew of scandals, including a major one involving Abe, and the railroading of key legislation have hurt the prime minister's popularity, leading to his Liberal Democratic Party's heavy losses in the July 2 Tokyo assembly elections. ( read original story ...)
IOC planning refugee team at 2020 Tokyo Games
Refugees are likely to compete at the 2020 Tokyo Olympics with the International Olympic Committee planning another refugee team after its first appearance at last year's Rio de Janeiro Games. A security and safety officer stands at a construction site of ... ( read original story ...)
Op-Ed: Business is booming in Northeast Asia despite political frictions
Japan, in particular, is re-emerging as an export powerhouse, drawing large benefits from its Chinese and Korean business operations. In the first five months of this year, Japanese exports to China soared 17.3 percent from the year earlier, a huge ... ( read original story ...)
Japan Inc.’s vast pool of cash is growing stagnant
Statistics collected by The Nikkei show that the average capital ratio for listed Japanese businesses, excluding financial companies, for 2016 rose 0.8 percentage point on the year to 40.4%. That is the highest since fiscal 1982, the first year for which ... ( read original story ...)
Nikkei rises as weak yen lifts exporters; shipping sector surges
TOKYO, July 10 Japan's Nikkei share average rose on Monday morning after Wall Street gained on Friday, while the dollar strengthened against the yen on the heels of U.S. jobs data that gave investors more confidence in the strength of the U.S. economy. ( read original story ...)
Japan’s Okinoshima island gains Unesco World Heritage status
Japan's Okinoshima island, an ancient religious site where women are banned, has been declared a World Heritage site by the UN's cultural body Unesco. Okinoshima is home to the Okitsu shrine, built in the 17th century to pray for the safety of sailors ... ( read original story ...)
Can Tokyo become a truly global financial centre?
Japan has endeavored to develop its capital, Tokyo, as one of the major global financial centers - circulating domestic capital and capital from abroad and invite foreign financial institutions and firms to establish businesses in Tokyo - for many decades. ( read original story ...)
Tokyo Financial Exchange announces June trading volumes, Click 365 up 8% MoM
LeapRate is an independent research and advisory firm, specialized in covering the world of Forex trading. We are followed by hundreds of thousands of traders, investors and other FX industry participants via our website, Facebook, Twitter, LinkedIn, RSS ... ( read original story ...)
Tokyo as a Leading Global Financial Center: The Vision Under the Spotlight Again
Tokyo could become a regional financial center, but it faces challenges as Japan’s cross-border transactions are mainly with developed economies such as the US and Europe. Japan has endeavored to develop its capital Tokyo as one of the top global ... ( read original story ...)
Japan’s Aso Expands His Base After LDP Loss in Tokyo Election
Japanese Finance Minister Taro Aso announced a merger of party factions ... just a day after the LDP suffered a bruising defeat in a Tokyo assembly election that has presented Abe with one of his biggest tests since taking office in late 2012. ( read original story ...)
Financial watchdog’s scrutiny crimping Japan REIT market dynamics
TOKYO -- Japanese regional banks have altered the mix of their real estate investment portfolios amid stepped-up monitoring by the Financial Services Agency, with the resulting shift skewing the market's pricing mechanism. The FSA tightened scrutiny of ... ( read original story ...)
Japan reappoints Mori as top financial services regulator
TOKYO, July 4 Japan reappointed Nobuchika Mori, known for his sharp criticism of the financial services industry, as the country's top financial regulator for a third consecutive term. The government said on Tuesday it appointed Mori, a 60-year-old career ... ( read original story ...)