Japan

Tech titan Sony is making a splash in the cryptocurrency world with the relaunch of a Japanese crypto exchange subsidiary. The company announced plans to transform WhaleFin, a platform it acquired last year, into S.BLOX Co. S.BLOX Co. aims to provide a more user-friendly experience for crypto...

Japanese researchers uncovered over 200 million tons of rare earth metals in the seabed near the remote island of Minamitorishima. What Happened: The team, comprised of experts from the University of Tokyo and the Nippon Foundation, revealed that depths of about 5,500 meters contain substantial...

The Japanese yen tumbled past 160 per dollar on Wednesday, surpassing its late April 2024 low that previously prompted sharp interventions from the Bank of Japan, which sold forex reserves to curb the yen’s volatility. The yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE...

A new survey by Nomura Holdings and its digital asset subsidiary Laser Digital paints a bullish picture for cryptocurrency adoption among Japanese institutional investors. What Happened: The survey, conducted in April 2024, reveals that 54% of respondents intend to invest in cryptocurrencies within...

Japanese investment firm Metaplanet Inc. will purchase Bitcoins (CRYPTO: BTC) worth more than $6 million using the proceeds from an upcoming bond issuance. What Happened: The firm listed on the Tokyo Stock Exchange announced in a press release Monday that the Board Of Directors agreed to the...

Apple Inc. (NASDAQ:AAPL) intends to join forces with Japanese companies, including Canon, to bolster the development and popularity of its first-generation mixed-reality headset Vision Pro. What Happened: Pre-orders for the new mixed-reality headset started in Japan on Friday, with sales...

Microsoft Corporation‘s (NASDAQ:MSFT) Japan president Miki Tsusaka has expressed her belief that the country’s rapid adoption of artificial intelligence could further boost its economy and technology sector. What Happened: Tsusaka highlighted Japan’s swift embrace...

By RoboForex Analytical Department The Japanese yen exchange rate paired with the US dollar looks unimpressive by the end of this week. The USD/JPY pair rose to almost 158.00 immediately after the end of the June meeting of the Bank of Japan, which left the interest rate unchanged. Everything went...

To gain an edge, this is what you need to know today. AI To The Rescue? Please click here for an enlarged chart of iShares MSCI France ETF (ARCA: EWQ). Note the following: In the early trade, the sentiment in the U.S. stock market is being dampened by the drop in the French market. On June...

A series of data breaches at a $20 billion internet company co-owned by Japan’s SoftBank Corp (OTC:SFTBY), and South Korea’s Naver (OTC:NHNCF) is causing diplomatic tensions between the two nations. What Happened: Data leaks from Line Yahoo have led to strained relations between Japan...

In a recent development, the blockchain firm Ripple (CRYPTO: XRP) has established a fund in Japan and Korea to bolster innovation on its XRP Ledger. What Happened: The fund is set to back corporate partnerships, developer grants, start-up investments, and community growth, CNBC reported on Tuesday...

Kansai Electric Power Co. is set to issue Japan’s second transition bond to fund nuclear power projects. What Happened: The Osaka-based utility aims to raise approximately ¥30 billion ($191 million) through the sale of transition notes in two tranches in July, according to SMBC Nikko...

Toyota Motor Corporation (NYSE:TM) has announced a temporary halt on shipments and sales of three models in Japan, effective immediately, amid a safety scandal. What Happened: Toyota Motor Corporation disclosed on Monday in a press release that it is suspending shipments and sales of the Corolla...

Japan’s Ishikawa Prefecture was struck by a 5.9 magnitude earthquake early Monday, but authorities have not issued a tsunami warning, easing concerns for residents and officials. What Happened: NHK World-Japan reports that a 5.9 magnitude earthquake hit Ishikawa Prefecture on Monday morning,...