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US Dollar Falls Against Yen, Euro Gains Hold As Trump Announces New Tariffs
The dollar slid against the yen, while the euro held gains against the greenback on Wednesday as US President Donald Trump announced global reciprocal tariffs that look certain to escalate a trade war with global partners.
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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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Mount Fuji Hikers Will Now Be Charged Over Rs 2,000 On All Trails
Hikers attempting any of Mount Fuji's four main trails will be charged an entry fee of 4,000 yen ($27) from this summer, after local authorities passed a bill on Monday.
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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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Manipur Woman's Potato Chips Idea Gives Dignity, Salary To Displaced People
Pritam, Bidya, and Sanjoy lost their homes in the Manipur ethnic violence. They have been living in relief camps in the state capital Imphal Since May 2023.
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"Motorbike-Sized" Tuna Sells For More Than Rs 11 Crore At Tokyo Auction
The Onodera Group, which includes Michelin-starred sushi restaurateurs, paid 207m yen for the 276-kilo bluefin tuna. This is the second-highest price ever paid at the annual New Year auction.
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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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Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
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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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CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
Kazuo Ueda, the governor of the Bank of Japan (BoJ) has backed the emergence of a national CBDC saying that it could facilitate faster payments of bigger denominations among noting other potential benefits.
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TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
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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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Sony Quarterly Profit Slides 31 Percent as Movie Business Disappoints, PS5 Sales Bring Relief
Japan's Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses. In April-June, operating profit slid 31% to 253 billion yen ($1.8 billion), in line with estimates.
-
US Dollar Falls Against Yen, Euro Gains Hold As Trump Announces New Tariffs
The dollar slid against the yen, while the euro held gains against the greenback on Wednesday as US President Donald Trump announced global reciprocal tariffs that look certain to escalate a trade war with global partners.
-
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.
-
Mount Fuji Hikers Will Now Be Charged Over Rs 2,000 On All Trails
Hikers attempting any of Mount Fuji's four main trails will be charged an entry fee of 4,000 yen ($27) from this summer, after local authorities passed a bill on Monday.
-
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.
-
Manipur Woman's Potato Chips Idea Gives Dignity, Salary To Displaced People
Pritam, Bidya, and Sanjoy lost their homes in the Manipur ethnic violence. They have been living in relief camps in the state capital Imphal Since May 2023.
-
"Motorbike-Sized" Tuna Sells For More Than Rs 11 Crore At Tokyo Auction
The Onodera Group, which includes Michelin-starred sushi restaurateurs, paid 207m yen for the 276-kilo bluefin tuna. This is the second-highest price ever paid at the annual New Year auction.
-
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.
-
Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
-
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.
-
CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
Kazuo Ueda, the governor of the Bank of Japan (BoJ) has backed the emergence of a national CBDC saying that it could facilitate faster payments of bigger denominations among noting other potential benefits.
-
TSMC to Get $4.9 Billion in Subsidies From Japan to Build Second Chip Plant
TSMC will get up to more subsidies from the government of Japan in order to help the chipmaker build a second fabrication plant in Japan. The company will receive 732 billion yen ($4.86 billion) more in subsidies from Japan. TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year.
-
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.
-
Sony Quarterly Profit Slides 31 Percent as Movie Business Disappoints, PS5 Sales Bring Relief
Japan's Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses. In April-June, operating profit slid 31% to 253 billion yen ($1.8 billion), in line with estimates.
