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Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe

Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth … Read more

Japan Crypto Reform To Classify Crypto As Financial Product

Japan is all set to classify cryptocurrencies as financial products under the Financial Instruments and Exchange Act (FIEA). Further to this, it also plans to introduce a new taxation regime for this sector as part of its crypto reform process. According to an article published by a local media, Japan’s Financial Services Agency (FSA) wants … Read more

Sakana AI raises $135M Series B at a $2.65B valuation to continue building AI models for Japan

As U.S. giants like Google, OpenAI and Anthropic race to develop the large language models that underpin their AI products, startups such as Sakana AI, Mistral AI, DeepSeek and AI21 Labs are carving out their own niche with specialized models designed for specific regions, industries, or unique features. In pursuit of that goal, Tokyo-based Sakana … Read more

Japan to reclassify crypto assets as financial products and lower taxes

Regulators in Japan are planning to classify cryptocurrencies as “financial products” under the Financial Instruments and Exchange Act and introduce a tax overhaul for the sector. Summary Japan’s FSA plans to classify 105 cryptocurrencies as financial products. The agency wants to tax approved tokens at a flat 20% capital gains rate. Per local media, Japan’s … Read more

Japan travel stocks sink as China-Japan spat deepens

Visitors in front of the Cinderella Castle at Tokyo Disneyland in Tokyo, Japan on Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Japan’s tourism-exposed stocks fell on Monday as tensions with China intensified after Beijing issued a travel and study alert for Chinese citizens considering going to Japan. Beauty and cosmetics firm Shiseido, which … Read more

23-year-old American pays $483/month in rent to live alone in Japan

I’d imagine people usually feel anxious about making a drastic life change like picking up and moving to a new country. But I remember sitting in the airport in Los Angeles, Tony Tony Chopper water bottle in hand, feeling excited and eager to start my new life. All I could think about was finding a … Read more

ChatGPT launches pilot group chats across Japan, New Zealand, South Korea, and Taiwan

OpenAI on Thursday introduced a group chat feature for ChatGPT. The feature, currently being tested in select regions including Japan, New Zealand, South Korea, and Taiwan, lets users collaborate directly within the app. The group chat is available to Free, Plus, and Team users on both mobile and web platforms. OpenAI says the pilot is … Read more

State Department warns Americans in Japan after deadly spike in bear attacks

NEWYou can now listen to Fox News articles! The State Department is warning Americans in Japan to be aware of their surroundings amid an increase in bear sightings after 13 people have been killed by the wild animal in the country since April.  Japanese officials have closed Maruyama Park in Sapporo, which is adjacent to … Read more

Chinese consul threatens to decapitate Japan PM over Taiwan comments

NEWYou can now listen to Fox News articles! A Chinese consul general in Japan threatened to decapitate the nation’s new prime minister over her comments in defense of Taiwan, prompting outrage in Tokyo and underscoring the rising tension between the two regional powers. Prime Minister Sanae Takaichi, who took office last month, told a parliamentary … Read more

Japan FSA backs major banks’ yen stablecoin initiative

The Japan Financial Services Agency (FSA) announced that it has launched an initiative to support the yen-based stablecoin joint venture launched by the country’s major banks. Summary Japan’s Financial Services Agency has launched the Payment Innovation Project to promote blockchain-based payment systems, beginning with a major stablecoin initiative launched by major banks like MUFG, SMBC … Read more

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