SoftBank returns to profit after gains at Vision Fund and other investments | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15505830
SoftBank returns to profit after gains at Vision Fund and other ...
SoftBank posts ¥1.18 tril profit for April-Sept period: Japanese technology group SoftBank swung back to profitability in the April-September period ... Show more
SoftBank posts blowout quarterly gains at Vision Fund tech arm: The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black ...
cnbc.com/2024/11/12/softbank-earnings-q2-2024.html
SoftBank posts blowout quarterly gains at Vision Fund tech arm
SoftBank Group's $6.5bn profit buoyed by Indian IPOs: TOKYO -- SoftBank Group on Tuesday announced its net profit for the first half of the fiscal year through ...
asia.nikkei.com/Business/SoftBank2/SoftBank-Group-s-6.5bn-profit-buoyed-by-Indian-IPOs
SoftBank Group's $6.5bn profit buoyed by Indian IPOs
SoftBank Group posts net profit of 1 tril. yen in April-Sept. - The Mainichi: TOKYO (Kyodo) -- SoftBank Group Corp. said Tuesday it posted a net profit of 1 ...
mainichi.jp/english/articles/20241112/p2g/00m/0bu/032000c
 SoftBank Group posts net profit of 1 tril. yen in April-Sept ...
SoftBank beats market expectations with $6.5bn net profit: TOKYO -- SoftBank Group on Tuesday announced its net profit for the first half of the fiscal year ...
asia.nikkei.com/Business/SoftBank2/SoftBank-beats-market-expectations-with-6.5bn-net-profit
SoftBank beats market expectations with $6.5bn net profit
More articles on this subject
SoftBank returns to profit after gains at Vision Fund and other investments | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15505830
SoftBank returns to profit after gains at Vision Fund and other ...
SoftBank posts ¥1.18 tril profit for April-Sept period: Japanese technology group SoftBank swung back to profitability in the April-September period ... Show more
SoftBank posts blowout quarterly gains at Vision Fund tech arm: The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black ...
cnbc.com/2024/11/12/softbank-earnings-q2-2024.html
SoftBank posts blowout quarterly gains at Vision Fund tech arm
SoftBank Group's $6.5bn profit buoyed by Indian IPOs: TOKYO -- SoftBank Group on Tuesday announced its net profit for the first half of the fiscal year through ...
asia.nikkei.com/Business/SoftBank2/SoftBank-Group-s-6.5bn-profit-buoyed-by-Indian-IPOs
SoftBank Group's $6.5bn profit buoyed by Indian IPOs
SoftBank Group posts net profit of 1 tril. yen in April-Sept. - The Mainichi: TOKYO (Kyodo) -- SoftBank Group Corp. said Tuesday it posted a net profit of 1 ...
mainichi.jp/english/articles/20241112/p2g/00m/0bu/032000c
 SoftBank Group posts net profit of 1 tril. yen in April-Sept ...
SoftBank beats market expectations with $6.5bn net profit: TOKYO -- SoftBank Group on Tuesday announced its net profit for the first half of the fiscal year ...
asia.nikkei.com/Business/SoftBank2/SoftBank-beats-market-expectations-with-6.5bn-net-profit
SoftBank beats market expectations with $6.5bn net profit
Blackstone to buy complex in central Tokyo from Seibu for $2.6bn: TOKYO -- U.S. investment fund Blackstone will purchase a mixed-use urban complex in Tokyo from ...
asia.nikkei.com/Business/Markets/Property/Blackstone-to-buy-complex-in-central-Tokyo-from-Seibu-for-2.6bn
Blackstone to buy complex in central Tokyo from Seibu for $2.6bn
West Japan's Himeji Castle entry fees to more than double for nonresidents - The Mainichi
mainichi.jp/english/articles/20241206/p2g/00m/0li/036000c
West Japan's Himeji Castle entry fees to more than double for nonresidents ...
Trump promises quick environmental permits for $1B investment: It's not clear what the plan is to quickly dispense with so many regulations.
axios.com/2024/12/10/trump-expedited-permits-1-billion-environment
Trump promises quick environmental permits for $1B investment
Japan's TopCon says it is exploring going private and other options: Japanese eyecare products maker TopCon is exploring going private and other measures to ...
reuters.com/markets/deals/japans-topcon-says-it-is-exploring-options-including-going-private-2024-12-11/
Japan's TopCon says it is exploring going private and other options
Amazon should buy Bitcoin, shareholders say: Shareholders of Amazon (AMZN) have submitted a proposal to add Bitcoin to the balance sheet ...
finance.yahoo.com/news/amazon-buy-bitcoin-shareholders-164204047.html
Amazon should buy Bitcoin, shareholders say
Quick Glance: Microsoft's Decision on Bitcoin Investment Looms
  • On December 10, Microsoft shareholders will vote on the potential inclusion of Bitcoin in the company's financial statements.

  • The proposal is put forth by the National Center for Public Policy Research, advocating Bitcoin as a solid hedge against inflation.

  • The board expresses skepticism, noting that Bitcoin is already factored into their current investment strategy.

  • Regardless of the outcome, this highlights the advancing establishment of Bitcoin in the traditional financial sector.
Nissan reshuffles management to fix its money-losing business | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15546808
Nissan reshuffles management to fix its money-losing business | The Asahi ...
Bitcoin at 100,000 dollars: Hold or sell?: A Bitcoin is worth as much as a luxury car. Nevertheless, our author will not sell his Bitcoin investment ...
sueddeutsche.de/wirtschaft/bitcoin-dollar-geldanlage-li.3158932
Bitcoin at 100,000 dollars: Hold or sell?
Japan Motorcycle Diaries in Photos: Munching around Tohoku region in 8 days - The Mainichi
mainichi.jp/english/graphs/20241209/hpe/00m/0na/001000g/20241209hpe00m0na001000q
Japan Motorcycle Diaries in Photos: Munching around Tohoku region in 8 ...
Bitcoin hits $100,000 for the first time. 3 things to know about an incredible ride
npr.org/2024/12/04/nx-s1-5202832/bitcoin-rally-100-000-crypto-trump
Bitcoin hits $100,000 for the first time. 3 things to know about an ...
Quick Glance: Trump Celebrates Bitcoin Surge and Pro-Crypto Agenda
  • Donald Trump claims credit for Bitcoin reaching $100,000 and highlights the wealth generated for cryptocurrency investors.

  • His nomination of Paul Atkins to the SEC is seen as a pivotal moment for the regulation of digital assets.

  • Atkins brings extensive experience from the crypto industry, potentially leading to a more favorable regulatory environment.

  • Trump's new administration is filled with crypto supporters emphasizing the benefits of digital assets and seeking a proactive policy.
Bain Capital raises offer for Fuji Soft, outbidding KKR by 1.6 pct: U.S. private equity firm Bain Capital will raise its offer price for Japan's Fuji Soft by ...
reuters.com/markets/deals/bain-raise-offer-fuji-soft-9600-yen-share-above-kkrs-bid-nikkei-says-2024-12-11/
Bain Capital raises offer for Fuji Soft, outbidding KKR by 1.6 pct
Tokyo stocks end higher over US economy optimism - The Mainichi: TOKYO (Kyodo) -- Tokyo stocks ended slightly higher Monday as buying of technology issues was ...
mainichi.jp/english/articles/20241209/p2g/00m/0bu/041000c
Tokyo stocks end higher over US economy optimism - The Mainichi
Quick Glance: Tokyo Stocks Rise on US Economic Optimism
  • Tokyo stocks ended slightly higher as optimism over the U.S. economy and expectations of further Federal Reserve interest rate cuts supported buying.

  • The Nikkei index rose by 69.33 points to 39,160.50, while the Topix index increased by 7.34 points to 2,734.56.

  • The U.S. dollar firmed at 150.33-35 yen, and the yield on 10-year Japanese government bonds fell to 1.035 percent.

  • Technology shares benefited from hopes of additional monetary easing in the U.S., and investors also focused on domestic-demand stocks.
Tokyo stocks rise on speculation of BOJ skipping December rate hike - The Mainichi
mainichi.jp/english/articles/20241212/p2g/00m/0bu/027000c
Tokyo stocks rise on speculation of BOJ skipping December rate hike - The ...
Quick Glance: Tokyo Stock Market Boosted by BOJ Rate Speculation
  • Tokyo stocks rose, with the Nikkei briefly surpassing 40,000 points, driven by speculation that the Bank of Japan may skip a rate hike in December.

  • The Nikkei Stock Average closed up 476.91 points, or 1.21 percent, at 39,849.14, while the Topix index increased by 23.72 points, or 0.86 percent, to 2,773.03.

  • The U.S. dollar climbed to the upper 152 yen range in Tokyo as reports indicated the BOJ would maintain its policy rate unchanged.

  • Stocks increased for the fourth consecutive day, with investors encouraged to buy shares, particularly in the export sector, due to the favorable reports about the BOJ.
Japan weighs extra taxes for defense spending as early as April 2026: The government is considering increasing taxation as early as April 2026 to help cover its ...
japantoday.com/category/politics/update1-japan-weighs-extra-taxes-for-defense-spending-as-early-as-april-2026
Japan weighs extra taxes for defense spending as early as April 2026
Exclusive: Syria's new rulers back shift to free-market economy, business leader says
reuters.com/world/middle-east/syrias-new-rulers-back-shift-free-market-economy-business-leader-says-2024-12-10/
Exclusive: Syria's new rulers back shift to free-market economy ...
Fare hikes eyed for JR East's Yamanote, other train lines in 2026 - The Mainichi: TOKYO (Kyodo) -- The operator of Tokyo's busy Yamanote loop line and other ...
mainichi.jp/english/articles/20241204/p2g/00m/0na/033000c
Fare hikes eyed for JR East's Yamanote, other train lines in 2026 - The ...
Quick Glance: JR East Plans Fare Increase for 2026
  • JR East is considering raising the starting fare for the Yamanote Line by 10 yen to 160 yen starting in March 2026.

  • This fare increase will affect both standard tickets and commuter passes, with an application for approval to the transport ministry expected soon.

  • The additional revenue is intended for safety measures and infrastructure maintenance.

  • Other JR companies, including Hokkaido Railway and Kyushu Railway, are also planning fare hikes.
High inbound tourism levels forcing tourists to sleep rough, in airports, or in 'ghost love hotels'
japantoday.com/category/features/kuchikomi/high-tourism-levels-force-tourists-to-sleep-in-airports-or-in-ghost-love-hotels
High inbound tourism levels forcing tourists to sleep rough, in airports ...
Japan chipmaker Kioxia sets IPO price for $5.2bn market value: TOKYO -- Kioxia Holdings has set its initial public offering price at 1,455 yen ...
asia.nikkei.com/Business/Markets/IPO/Japan-chipmaker-Kioxia-sets-IPO-price-for-5.2bn-market-value
Japan chipmaker Kioxia sets IPO price for $5.2bn market value
Japan's household spending in October falls 1.3% amid rising prices - The Mainichi
mainichi.jp/english/articles/20241206/p2g/00m/0bu/003000c
Japan's household spending in October falls 1.3% amid rising prices - The ...
Oman celebrates historic launch Of Duqm-1 rocket: The rocket was launched at 10:05 AM local time from coordinates 18°N, 56°E, south of the Wilayat of Duqm
timesofoman.com/article/152873-oman-celebrates-historic-launch-of-duqm-1-rocket
Oman celebrates historic launch Of Duqm-1 rocket
How likely is a Bank of Japan rate hike next week?: The Bank of Japan holds its final policy meeting for the year next week with its decision to be announced ...
reuters.com/markets/asia/how-likely-is-bank-japan-rate-hike-next-week-2024-12-11/
How likely is a Bank of Japan rate hike next week?
1-day lift pass for 4 Niseko resorts in Hokkaido costs over 10,000 yen for 1st time - The Mainichi
mainichi.jp/english/articles/20241203/p2a/00m/0na/023000c
1-day lift pass for 4 Niseko resorts in Hokkaido costs over 10 ...
Side jobs paid in U.S. dollars gain popularity in Japan: TOKYO - The renewed decline of the Japanese yen is fueling the popularity of side hustles in Japan that ...
asia.nikkei.com/Spotlight/Work/Side-jobs-paid-in-U.S.-dollars-gain-popularity-in-Japan
Side jobs paid in U.S. dollars gain popularity in Japan
Debate over raising ¥1.03 mil tax threshold gains steam in Japan: Like Satsuki Morita, many university students are closely watching political negotiations that ...
japantoday.com/category/politics/focus-debate-over-raising-1.03-mil.-yen-tax-threshold-gains-steam-in-japan
Debate over raising ¥1.03 mil tax threshold gains steam in Japan
Overseas wiring by Japan's foreign workers looms over yen: TOKYO -- Remittances by foreign workers in Japan sending money back home could become a formidable ...
asia.nikkei.com/Business/Markets/Currencies/Overseas-wiring-by-Japan-s-foreign-workers-looms-over-yen
Overseas wiring by Japan's foreign workers looms over yen
New 'Totoro' and 'Spirited Away' Christmas cakes let you taste the anime magic of Studio Ghibli
japantoday.com/category/features/food/new-&
New 'Totoro' and 'Spirited Away' Christmas cakes let ...
Japan's football talent takes Europe by storm: Players abroad increase 90% in five years:Nikkei
asia.nikkei.com/static/vdata/infographics/japan-soccer/
Japan's football talent takes Europe by storm: Players abroad increase 90% ...
Young people in Japan tend to toss stuff away less than older generations: survey - The Mainichi
mainichi.jp/english/articles/20241203/p2a/00m/0li/022000c
Young people in Japan tend to toss stuff away less than older generations: ...
Quick Glance: Young Japanese Value Their Belongings More
  • A survey by Mercari indicates that young people in Japan are less likely to discard their belongings compared to older generations.

  • The study found that the average value of personal possessions is approximately 1,824,000 yen per person, totaling around 216 trillion yen nationwide.

  • Older adults possess more items and unused belongings, with 20.7% of those in their 60s having unutilized items compared to 10.3% among younger individuals.

  • Younger generations increasingly view their possessions as valuable resources, reflecting a growing awareness of sustainability.
Tokyo like a local: Our correspondent’s take on top denim, second-hand jazz records and plump gyoza
reuters.com/city-memo/tokyo-like-local-2024-12-07/
Tokyo like a local
Japan gov't to raise tax break cap for offspring's income to 1.5 mil. yen - The Mainichi
mainichi.jp/english/articles/20241212/p2g/00m/0na/020000c
Japan gov't to raise tax break cap for offspring's income to 1.5 mil ...
Japan's DMM Bitcoin to end business after losing $320 million in leak - The Mainichi
mainichi.jp/english/articles/20241202/p2g/00m/0bu/019000c
Japan's DMM Bitcoin to end business after losing $320 million in leak - ...
Quick Glance: DMM Bitcoin Shuts Down After $320 Million Leak
  • DMM Bitcoin will cease operations following a $320 million loss due to an unauthorized leak in May.

  • Customer assets will be transferred to SBI VC Trade Co. by March next year.

  • The exchange suspended certain services after detecting unauthorized fund withdrawals.

  • The cause of the leak is unclear, but a cyberattack is suspected.
Japan Airlines will now deliver your luggage when you visit Tokyo: The airline is offering a $29 same-day luggage delivery service to help ease congestion on ...
businessinsider.com/japan-airlines-delivers-luggage-tokyo-hotel-tourist-hotspot-weak-yen-2024-12
Japan Airlines will now deliver your luggage when you visit Tokyo
Widow acquitted over murder of Japanese 'Don Juan': A Japanese court on Thursday acquitted a 28-year-old woman of murdering her wealthy elderly husband ...
japantoday.com/category/crime/widow-acquitted-over-murder-of-japanese-don-juan
Widow acquitted over murder of Japanese 'Don Juan'
Japan's capital spending in July-Sept. rises 8.1% on year - The Mainichi: TOKYO (Kyodo) -- Capital spending by Japanese companies in the July-September quarter ...
mainichi.jp/english/articles/20241202/p2g/00m/0bu/008000c
Japan's capital spending in July-Sept. rises 8.1% on year - The Mainichi
Quick Glance: Japan's Capital Expenditures Surge by 8.1%
  • Capital spending by Japanese companies increased by 8.1% in the July-September quarter compared to the previous year.

  • Investments across all nonfinancial sectors totaled 13.41 trillion yen, reflecting the 14th consecutive quarter of growth.

  • Key sectors boosting capital expenditures included information and communications machinery, along with delivery and postal services.

  • These results will inform revisions to the GDP, which previously indicated a 0.9% annualized growth.
Kotatsu in the Sky returns to the Osaka Wheel, Japan’s tallest Ferris wheel: Last year, 13,000 people experienced the simultaneous thrill and comfort of the ...
japantoday.com/category/features/lifestyle/kotatsu-in-the-sky-returns-to-the-osaka-wheel-japan%E28099s-tallest-ferris-wheel
Kotatsu in the Sky returns to the Osaka Wheel, Japan’s tallest Ferris ...
BlackRock targets private credit growth with $12 billion HPS acquisition
reuters.com/business/finance/blackrock-strikes-12-bln-deal-private-credit-firm-hps-investment-2024-12-03/
BlackRock targets private credit growth with $12 billion HPS acquisition
‘Landlords faced few consequences’: How renters were left in the lurch: A string of property owners faced little to no accountability for keeping their ...
theage.com.au/property/news/landlords-faced-few-consequences-how-renters-were-left-in-the-lurch-20241210-p5kx9y.html
‘Landlords faced few consequences’: How renters were left in the lurch
Japan grants Philippines $11 million in security aid to bolster defenses: Japan and the Philippines signed a 1.6 billion yen ($10.65 million) security assistance ...
english.alarabiya.net/News/world/2024/12/05/japan-grants-philippines-11-million-in-security-aid-to-bolster-defenses
Japan grants Philippines $11 million in security aid to bolster defenses
Delayed defense tax hikes create ¥300 bil revenue shortfall: Japan is expected to face a revenue shortfall of around 300 billion yen if tax hikes to help fund ...
japantoday.com/category/politics/delayed-defense-tax-hikes-create-300-bil.-yen-japan-revenue-shortfall
Delayed defense tax hikes create ¥300 bil revenue shortfall
Bain-backed Kioxia sets price range for December IPO: Bain Capital-backed chipmaker Kioxia has set a tentative price range of 1,390 to 1,520 yen ($9.22 to $10 ...
reuters.com/technology/kioxia-sets-ipo-price-range-1390-1520-yen-per-share-sources-say-2024-12-02/
Bain-backed Kioxia sets price range for December IPO
Gov't submits ¥13.9 tril draft extra budget to Diet for economic package: Japan's government on Monday submitted to parliament a draft supplementary budget for ... Show more
PayPay Bank paying big to attract deposits, with offer of 2% on dollars and yen: The offer is many times the rates advertised by competing banks and applies to ...
japantimes.co.jp/business/2024/12/05/companies/paypay-bank-rates/
PayPay Bank paying big to attract deposits, with offer of 2% on dollars ...
OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
cnbc.com/2024/11/26/openai-gets-1point5-billion-investment-from-softbank-in-tender-offer.html
OpenAI gets new $1.5 billion investment from SoftBank, allowing employees ...
Quick Glance: SoftBank Invests $1.5 Billion in OpenAI Shares
  • OpenAI is allowing employees to sell $1.5 billion worth of shares to SoftBank.

  • Employees have until December 24 to decide on participating in the tender offer.

  • SoftBank's founder, Masayoshi Son, seeks a larger stake in OpenAI after a previous $500 million investment.

  • In the past two years, OpenAI has raised $13 billion from Microsoft and $6.6 billion from other investors.
Editorial: Japan must update antiquated pension system to serve today's social realities - The Mainichi
mainichi.jp/english/articles/20241203/p2a/00m/0op/012000c
Editorial: Japan must update antiquated pension system to serve today's ...
Japan plans to allocate 100 billion yen to ensure stable drug supply - The Mainichi
mainichi.jp/english/articles/20241128/p2g/00m/0na/017000c
Japan plans to allocate 100 billion yen to ensure stable drug supply - The ...
Tesla restarts search for New Delhi showroom with India's DLF, sources say: Elon Musk's Tesla has resumed its search for showroom space in New Delhi ...
reuters.com/business/autos-transportation/tesla-restarts-search-new-delhi-showroom-with-indias-dlf-sources-say-2024-12-10/
Tesla restarts search for New Delhi showroom with India's DLF, sources say
Expenditure on New Year travel in Japan set to reach record high: The average amount spent per person for domestic travel in Japan during the New Year vacation ...
japantoday.com/category/national/expenditure-on-new-year-travel-in-japan-set-to-reach-record-high
Expenditure on New Year travel in Japan set to reach record high
Former Allianz employee spared prison time over $7 billion funds collapse : A former Allianz fund manager was spared prison time on Friday over his role in a ...
reuters.com/legal/former-allianz-employee-spared-prison-time-over-7-billion-funds-collapse-2024-12-06/
Former Allianz employee spared prison time over $7 billion funds collapse 
Tokyo stocks rise as financial issues gain on BOJ rate hike bets - The Mainichi: TOKYO (Kyodo) -- Tokyo stocks ended higher Monday, as financial issues gained on ...
mainichi.jp/english/articles/20241202/p2g/00m/0bu/020000c
Tokyo stocks rise as financial issues gain on BOJ rate hike bets - The ...
WATCH: 'Let's keep it up,' Biden calls for continued U.S. investment in Africa at Angola summit
pbs.org/newshour/world/watch-lets-keep-it-up-biden-calls-for-continued-u-s-investment-in-africa-at-angola-summit
WATCH: 'Let's keep it up,' Biden calls for continued U.S ...
Quick Glance: Biden's Visit Highlights Lobito Railway's Strategic Importance
  • President Joe Biden visited the Multipurpose Terminal at the Port of Lobito to observe the transport of copper from the Democratic Republic of Congo.

  • COO Nicolas Gregoir presented the progress of the concession, which promotes efficient and sustainable management of the Lobito Corridor.

  • Biden's visit underscores the Lobito Corridor's significance for global trade and the energy transition by supplying strategic minerals like copper.

  • The LAR consortium partners, including Trafigura and Mota-Engil, hold a 30-year concession for operating the 1,300 km railway network in Angola.
Japan's corporate bankruptcies increased 4.2% in November: The number of business failures grew for the third consecutive month amid a weak yen and soaring labor ...
japantimes.co.jp/business/2024/12/09/companies/bankruptcies-november-increase/
Japan's corporate bankruptcies increased 4.2% in November
Toyota and Honda seen beating profit forecasts on weak yen: TOKYO -- Market analysts expect Toyota Motor and other automakers to outperform their fiscal 2024 ...
asia.nikkei.com/Business/Automobiles/Toyota-and-Honda-seen-beating-profit-forecasts-on-weak-yen
Toyota and Honda seen beating profit forecasts on weak yen
AI firm Nebius secures $700 mln investment from Nvidia and others: Nebius Group, an artificial intelligence (AI) infrastructure company, has recently announced ...
thedailystar.net/tech-startup/news/ai-firm-nebius-secures-700-mln-investment-nvidia-and-others-3766851
AI firm Nebius secures $700 mln investment from Nvidia and others
Biden, in Africa, decries history of slavery and urges partnership: Biden visits Angola in his only presidential trip to the continent, spotlights U.S ...
washingtonpost.com/politics/2024/12/03/biden-angola-slavery-investment-lobito/
Biden, in Africa, decries history of slavery and urges partnership
Biden marks America's contribution to African infrastructure during Angola visit: From a hillside overlooking the Bay of Corimba, President Joe Biden declared: ...
nbcnews.com/politics/white-house/biden-marks-americas-contribution-african-infrastucture-angola-visit-rcna182865
Biden marks America's contribution to African infrastructure during Angola ...
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
cnbc.com/2024/12/03/asian-chip-stocks-mostly-rise-shrugging-off-new-us-semiconductor-export-curbs-on-china-.html
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export ...
MUFG Bank fires worker for stealing over 1 billion yen from customers - The Mainichi
mainichi.jp/english/articles/20241124/p2g/00m/0na/051000c
MUFG Bank fires worker for stealing over 1 billion yen from customers - ...
Quick Glance: MUFG Bank fires worker for stealing over ¥1 billion
  • MUFG Bank has dismissed an employee for allegedly stealing between 1 billion and 2 billion yen from safe deposit boxes of around 60 customers in Tokyo.

  • The worker was fired on November 14 after confessing to thefts at the Nerima and Tamagawa branches from April 2020 to October this year.

  • The bank is investigating the thefts and has contacted the affected customers to ensure prompt compensation.

  • This incident follows a similar case at Nomura Securities, where a former employee faced charges for serious crimes.
Krispy Kreme releases new zodiac doughnuts for Year of the Snake in Japan: Many global chains with a presence in Japan like to cater to local tastes with special ...
japantoday.com/category/features/food/krispy-kreme-releases-new-zodiac-doughnuts-for-year-of-the-snake-in-japan-3
Krispy Kreme releases new zodiac doughnuts for Year of the Snake in Japan
King Charles welcomes Qatar's emir as state visit begins: King Charles and Keir Starmer welcomed Qatar's emir, Sheikh Tamim bin Hamad Al Thani ...
reuters.com/world/uk/prince-william-kate-welcome-qatars-emir-state-visit-britain-2024-12-03/
King Charles welcomes Qatar's emir as state visit begins
Quick Glance: India expands EV production incentives for automakers
  • India plans to extend electric vehicle incentives to manufacturers producing models at existing plants.

  • The original policy aimed to attract Tesla for local production but has been revised following their withdrawal.

  • The changes are expected to attract investments from companies like Toyota and Hyundai, considering existing production lines.

  • Final guidelines for the policy are set to be established by March 2025.
Thames Water receives buyout offer from investment group Covalis Capital: The plans would see French water firm Suez brought in to help run the company while ...
itv.com/news/meridian/2024-12-06/thames-water-receives-buyout-offer-from-investment-group-covalis-capital
Thames Water receives buyout offer from investment group Covalis Capital
Ishiba aims to keep wage hike momentum in Japan, businesses worried - The Mainichi
mainichi.jp/english/articles/20241126/p2g/00m/0bu/034000c
Ishiba aims to keep wage hike momentum in Japan, businesses worried - The ...
ABC chair Kim Williams says investment in national broadcaster the best counter to 'flood' of misinformation
abc.net.au/news/2024-11-27/abc-chair-calls-for-funding-to-combat-misinformation/104651438
ABC chair Kim Williams says investment in national broadcaster the best ...
JPMorgan's investment banking chair departs, memo says: Wall Street giant JPMorgan Chase's global chair of investment banking Jennifer Nason is set to leave the ...
reuters.com/business/finance/jpmorgans-investment-banking-chair-departs-memo-says-2024-12-02/
JPMorgan's investment banking chair departs, memo says
Japan to issue 6.7 tril. yen of new bonds to fund economic package - The Mainichi
mainichi.jp/english/articles/20241128/p2g/00m/0bu/024000c
Japan to issue 6.7 tril. yen of new bonds to fund economic package - The ...
TV's Dr. Oz invested in businesses regulated by the agency Trump wants him to run
npr.org/sections/shots-health-news/2024/11/22/nx-s1-5201663/trump-dr-oz-investments-cms
TV's Dr. Oz invested in businesses regulated by the agency Trump wants him ...
Quick Glance: Trump Appoints Dr. Oz to Lead Health Agency
  • Donald Trump selected Dr. Mehmet Oz to oversee health programs for older and low-income Americans.

  • Oz will focus on incentivizing disease prevention and reducing fraud in the most expensive government agency.

  • Trump also appointed Howard Lutnick as Commerce Secretary to advance his tariff policies and trade agenda.

  • Lutnick, a proponent of tariffs, will be responsible for trade restrictions and monitoring economic data.
Discrepancies in Japan LDP local chapter's transaction reports total about $42,000 - The Mainichi
mainichi.jp/english/articles/20241128/p2a/00m/0na/005000c
Discrepancies in Japan LDP local chapter's transaction reports total about ...
Oasis petitions Kobayashi Pharma to sue executives for $67m: OSAKA -- Activist investor Oasis Management has called on Kobayashi Pharmaceutical to file a lawsuit ...
asia.nikkei.com/Business/Pharmaceuticals/Oasis-petitions-Kobayashi-Pharma-to-sue-executives-for-67m
Oasis petitions Kobayashi Pharma to sue executives for $67m
Disaster contingency plans lagging to assist Tokyo's foreign visitors: With the waning of the COVID-19 pandemic, foreign tourists have been converging on ...
japantoday.com/category/features/kuchikomi/disaster-contingency-plans-lagging-to-assist-tokyo&
Disaster contingency plans lagging to assist Tokyo's foreign visitors
Meta responds to deepfake celebrity scam pressure by announcing new rules for financial advertisers
abc.net.au/news/2024-12-02/meta-forces-financial-advertisers-verify-information-scams/104672484
Meta responds to deepfake celebrity scam pressure by announcing new rules ...