Japan

DMM Bitcoin, a Japanese cryptocurrency exchange, announced on Friday that over $300 million worth of Bitcoin (CRYPTO: BTC) had been stolen in an “unauthorized leak.” What Happened: According to a blog post by DMM Bitcoin, the theft involved 4,502.9 BTC, valued at approximately $305.1...

Japanese automaker Toyota Motor Corporation (NYSE:TM) is reportedly planning to end its substantial sponsorship deal with the International Olympic Committee after the upcoming Paris Olympics. What Happened: Toyota’s sponsorship agreement, which commenced with the Pyeongchang 2018 Winter...

Japan’s Kyushu Electric Power Co. (OTC:KYSEY) has successfully raised ¥30 billion ($191 million) from Japan’s inaugural environmental bond designated solely for nuclear projects, marking a significant milestone for the nuclear energy sector in the country. What Happened: The power...

Chinese Premier Li Qiang praised the renewal of relations with Japan and South Korea during their first trilateral talks in four years on Monday. What Happened: The summit, held in Seoul, aimed to revive trade and security dialogues that have been stalled by global tensions, Reuters reported. Li...

Saudi Crown Prince Mohammed bin Salman has postponed his scheduled trip to Japan due to concerns over the health of his father, King Salman Bin Abdulaziz. What Happened: The Crown Prince’s visit, which was set to take place from May 20 to May 23, has been postponed, Bloomberg reported. This...

By RoboForex Analytical Department The yen’s exchange rate rose to the US dollar on Thursday in response to improving prospects for the Federal Reserve interest rate. The USD/JPY pair has declined to 153.88. After the US released up-to-date data on April inflation, the likelihood of a...

By RoboForex Analytical Department The Japanese yen is experiencing a significant decline against the US dollar, marking the seventh consecutive session of this trend. The USD/JPY pair is approaching the 156.40 mark. The Japanese government is prepared to collaborate closely with the Bank of Japan...

Mark Cuban, the billionaire investor and television personality, criticized the U.S. Securities and Exchange Commission for its inaction following the Mt. Gox debacle. Cuban also lauded Japan’s regulatory response to the incident. What Happened: Cuban took to social media platform X, to...

Japan’s efforts to strengthen its military, amid rising threats of regional unrest from North Korea and China, are reportedly being hampered by a significant drop in female recruits and an increase in sexual harassment cases within the Self-Defence Forces (SDF). What Happened: Female...

Saudi Arabia’s Crown Prince Mohammed bin Salman is set to visit  U.S. Asian ally Japan later this month, which is expected further to strengthen the economic relationship between the two countries. What Happened: The Crown Prince, who is the de facto ruler of Saudi Arabia, will be in Japan...

Investment guru Warren Buffett offered a few insights into Berkshire Hathaway, Inc.’s (NYSE:BRK) (NYSE:BRK) plans for its swelling cash hoard at the firm’s annual shareholder meeting on Saturday. Cash Is King: Buffett was asked about potentially investing some of its $189 billion cash...

Editor’s note: The headline and body of this story have been corrected to specify the price action was in Nikkei 225 futures. The Bank of Japan (BoJ) intervened in the foreign-exchange market on Monday to bolster the weakening Japanese yen, which had plunged to a 34-year low of 160 per...

U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc. (NASDAQ:AAPL) on Thursday, a pivotal Federal Reserve Open Market...

By RoboForex Analytical Department The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have intervened in the currency market, although there has been no official confirmation. Today...

WisdomTree Chief Investment Officer Jeremy Schwartz spoke with Benzinga about the unparalleled potential nestled within Japan’s economic landscape. What Happened: Benzinga asked Schwartz which country’s economy the ETF provider views as the most promising. Japan, said Schwartz, which...