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Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
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Toco, The Human Dog, Is Now Renting Out His Rs 11 Lakh Canine Costume
A Japanese man, who spent over Rs 11 lakh, approximately 2 million yen, to fulfil his dream of becoming a dog, has now turned his passion into a business venture.
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38-Year-Old Japanese Man Who Bought 200 Abandoned Homes Now Earns Over Rs 7 Crore In Annual Rent
Hayato Kawamura, a 38-year-old from Osaka, Japan, has attracted widespread online attention for earning 140 million yen (approximately Rs 7.72 Crore) by renting out 200 old, decayed houses.
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Honda Shares Soar 16% After Buyback Announcement
Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up to 1.1 trillion yen ($7 billion) the previous day.
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Japan Sells 'Electric Salt Spoon' To Promote Umami Flavours, Healthy Eating Habits
The electrified spoon was launched earlier this week, on May 20, 2024, and is priced at 19,800 yen (approx. Rs 10,536). Read on.
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$65,000 Golden Teacup Stolen From Japan Department Store
A Japanese department store discovered a golden teacup worth over 10 million yen ($65,000) had been stolen on Thursday, after it was showcased in an unlocked box.
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Watch: At This Japanese Restaurant, People Pay To Get Slapped By Waitresses
For a mere 300 Japanese Yen (Rs 170), kimono-dressed women slap a willing customer in the face with their palms, over and over again.
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Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen
The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including the business and technological features of...
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Japan Keen To Make Investments Worth 5 Trillion Yen In India: Jyotiraditya Scindia
Japan is keen to make investments of around 5 trillion Japanese yen in India across various sectors including steel, Union Minister Jyotiraditya Scindia said today.
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Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders
Japan will be launching its digital currency for pilot test next month in April. Private companies will be onboarded by the BoJ to be participants in the testing of the digital JPY. The focus is to analyse and justify the fundamentals of the proof-of-concept (PoC) for this CBDC, which has been under testing in Japan since April 2021.
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Yen Surges To 4-Month Peak After Hawkish Central Bank Policy Tweak
The yen surged against the dollar on Tuesday after the Bank of Japan said it would review its yield curve control policy.
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Yen Jumps On Report Japan May Tweak Inflation Target
The yen climbed on news the Japanese government could soon revise a joint statement with the Bank of Japan (BOJ) over the latter's inflation target.
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Bank of Japan Plans to Rope-In Other Major Lenders in Digital Yen CBDC Trials: Report
Moving forward on its CBDC plans, the Bank of Japan (BoJ) is looking to rope-in a bunch of other mega banks to test the digital yen. The three Japanese megabanks, while unnamed officially, are reportedly supposed to be Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and Mizuho Financial Group Inc.
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Japanese Shoppers Shell Out Less for Second-Hand iPhone Models as Yen Tumbles
Japanese shoppers are shelling out less for the latest gadgets, as a tumbling Yen keeps the newest iPhone models out of many customers pockets. Customers in Japan have become more open to buying second-hand devices, thanks in part to the rise of online auction sites. Sales of used smartphones are likely to reach 3.4 million by 2026, according to a ...
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Fake Astronaut Takes Rs 24 Lakh From Woman To 'Return To Earth', Marry Her
A Japanese woman was allegedly duped of around 4.4 million yen (Rs 24.8 lakh) by a man who posed as a Russian cosmonaut working at the International Space Station.
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Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
-
Toco, The Human Dog, Is Now Renting Out His Rs 11 Lakh Canine Costume
A Japanese man, who spent over Rs 11 lakh, approximately 2 million yen, to fulfil his dream of becoming a dog, has now turned his passion into a business venture.
-
38-Year-Old Japanese Man Who Bought 200 Abandoned Homes Now Earns Over Rs 7 Crore In Annual Rent
Hayato Kawamura, a 38-year-old from Osaka, Japan, has attracted widespread online attention for earning 140 million yen (approximately Rs 7.72 Crore) by renting out 200 old, decayed houses.
-
Honda Shares Soar 16% After Buyback Announcement
Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up to 1.1 trillion yen ($7 billion) the previous day.
-
Japan Sells 'Electric Salt Spoon' To Promote Umami Flavours, Healthy Eating Habits
The electrified spoon was launched earlier this week, on May 20, 2024, and is priced at 19,800 yen (approx. Rs 10,536). Read on.
-
$65,000 Golden Teacup Stolen From Japan Department Store
A Japanese department store discovered a golden teacup worth over 10 million yen ($65,000) had been stolen on Thursday, after it was showcased in an unlocked box.
-
Watch: At This Japanese Restaurant, People Pay To Get Slapped By Waitresses
For a mere 300 Japanese Yen (Rs 170), kimono-dressed women slap a willing customer in the face with their palms, over and over again.
-
Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen
The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including the business and technological features of...
-
Japan Keen To Make Investments Worth 5 Trillion Yen In India: Jyotiraditya Scindia
Japan is keen to make investments of around 5 trillion Japanese yen in India across various sectors including steel, Union Minister Jyotiraditya Scindia said today.
-
Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders
Japan will be launching its digital currency for pilot test next month in April. Private companies will be onboarded by the BoJ to be participants in the testing of the digital JPY. The focus is to analyse and justify the fundamentals of the proof-of-concept (PoC) for this CBDC, which has been under testing in Japan since April 2021.
-
Yen Surges To 4-Month Peak After Hawkish Central Bank Policy Tweak
The yen surged against the dollar on Tuesday after the Bank of Japan said it would review its yield curve control policy.
-
Yen Jumps On Report Japan May Tweak Inflation Target
The yen climbed on news the Japanese government could soon revise a joint statement with the Bank of Japan (BOJ) over the latter's inflation target.
-
Bank of Japan Plans to Rope-In Other Major Lenders in Digital Yen CBDC Trials: Report
Moving forward on its CBDC plans, the Bank of Japan (BoJ) is looking to rope-in a bunch of other mega banks to test the digital yen. The three Japanese megabanks, while unnamed officially, are reportedly supposed to be Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and Mizuho Financial Group Inc.
-
Japanese Shoppers Shell Out Less for Second-Hand iPhone Models as Yen Tumbles
Japanese shoppers are shelling out less for the latest gadgets, as a tumbling Yen keeps the newest iPhone models out of many customers pockets. Customers in Japan have become more open to buying second-hand devices, thanks in part to the rise of online auction sites. Sales of used smartphones are likely to reach 3.4 million by 2026, according to a ...
-
Fake Astronaut Takes Rs 24 Lakh From Woman To 'Return To Earth', Marry Her
A Japanese woman was allegedly duped of around 4.4 million yen (Rs 24.8 lakh) by a man who posed as a Russian cosmonaut working at the International Space Station.
