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DIGITAL YEN
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...- Japan is bring back something unexpected that cannot be replaced by AI. And Gen Z is loving the new trendJapanese creators are finding new audiences through self-published works and handmade zines. They believe paper offers a sensory experience...
- “Dear Anand Mahindra…”: Vijay Kedia asks billionaire to unlock hidden tourism giant in Mahindra HolidaysAce investor Vijay Kedia has urged Anand Mahindra to unlock the “hidden tourism giant” within Mahindra Holidays, arguing that strong demand...
- SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
- Global Market: Investors face triple test this week from geopolitics, rate outlook and tech earningsGlobal markets brace for a crucial week. Geopolitical tensions involving Iran and the Strait of Hormuz are a major focus. Shifting interest...
- World's first yen-pegged stablecoin debuts in JapanA Japanese startup, JPYC, said it will begin issuing stablecoins that are fully convertible to the yen and backed by domestic savings and J...
- Japan startup to issue first yen-pegged stablecoinJPYC, which plans to issue the stablecoin around autumn, said it would not charge transaction fees. Instead, the more stablecoins it issues...
- Bank of Japan to launch pilot programme in April for issuing digital yenThe move, which was widely expected, will follow two years of experiments the central bank has been conducting to decide whether to issue a...
- BOJ won't introduce digital yen as means for negative ratesThe BOJ has not decided whether to issue a digital yen but has moved to a second phase experiment from April to prepare for a possible laun...
- Japan's digital yen plan to become clearer late 2022, says ruling party officialThe Bank of Japan in April launched the first phase of its central bank digital currency (CBDC) experiment, joining counterparts aiming to ...
- Japan unveils $708 billion in fresh stimulus with eye on post-COVID growthIn Japan, the pandemic has forced the government to put its fiscal reform agenda on the backburner, despite holding the industrial world's ...
- Canon Q1 net jumps over three-fold to 56.81 bn yenJapanese camera maker Canon today reported an over three-fold jump in its net income at 56.81 bn yen (USD 603 million) in the first three m...
- Japan's Canon sees two-thirds drop in profit in 2009Japanese high-tech giant Canon Inc. warned on Wednesday the economic crisis would drive down profits by two-thirds in 2009, after a 91 perc...
- Sony lowers FY'09 profit forecast by 37 pcJapanese electronics giant Sony on Thursday cut its net income forecast by 37 per cent for the financial year ending March 31, 2009.
- Toshiba says to go in red for first halfJapan's Toshiba Corp. said on Friday it expected to go in to the red for the first half of the financial year as its computer chip business...
- Japan's tech giants struggle with economic slowdownSony issued a profit warning on Tuesday after its earnings almost halved while Toshiba plunged into the red as Japan's technology giants fe...
- Canon profits slide for third straight quarterJapanese camera and office equipment maker Canon Inc. said Thursday its operating profits slumped for a third straight quarter, hit by a US...
- Sony likely to miss profit target: ReportJapan's Sony Corp is likely to miss its annual profit target due to a stronger yen and weak financial markets, but still post a surge in ea...
- Sony Q3 operating profit up 9% but cuts forecastSony posted a surprisingly small rise in quarterly operating profit and cut its annual forecast by 9% on Thursday as tumbling markets eat i...
- Canon reports record profits in 2007Japanese electronics maker Canon Inc. said Wednesday it posted record earnings in 2007 on the back of brisk digital camera sales, although ...
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