For now vacation travel is largely off the table, but that’s not going to stop us from having a staycation inspired by our favorite destinations. Now, in the midst of a stunning cherry blossom season here is how to have a Japanese-inspired vacation from home. Take a Virtual Cherry Blossom Tour Cherry blossom season in Japan can take place anywhere between […]
A species of “murder hornets” from Asia has arrived in the United States, and researchers are looking for ways to eradicate them before their population grows. The hornets were discovered near Custer, Washinton, last November when beekeeper Ted McFall found carcasses of his bees with decapitated heads. “I couldn’t wrap my head around what could have […]
Hong Kong stocks slipped Friday to end the week lower, as risk-averse sentiment strengthened on continued spread of the coronavirus with infections surpassing 1-M globally. At the close of trade, the Hang Seng index was down 43.95 points, or 0.19%, at 23,236.11. The Hang Seng China Enterprises index fell 0.37% to 9,491.1.The sub-index of the […]
Asian share markets were down Thursday, clouded by the rising US coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China and SKorea, the […]
Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread. The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at […]
Southeast Asian stock markets rose Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating. Indian shares edged up Tuesday, tracking broader Asian peers, after upbeat factory data from China gave investors hope of […]
Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]
Sunday, the Fed took emergency action to help the economy withstand the coronavirus by slashing its benchmark interest rate to near Zero and saying it would buy $700-B in Treasury and mortgage bonds. The surprise announcement signaled its concern that the viral outbreak will depress economic growth in the coming months and that it is […]
$XAU $GLD By Mark J. Lundeen The Dow Jones is hugging its BEV Zero (0.00%) line in its BEV chart below, making a new all-time high on Wednesday, then closing the week a half point from this mid-week high. I expect more of the same for as far as the eye can see. And how […]
$XAU $GLD $SPY $SPX The S&P 500 posted a record high Wednesday at +37.10, or 1.1% at 3334.69 The reverse side of market optimism was the correction of safe-havens such as JPY and Gold. The JPY declined against the Buck, lead USDJPY to its highs in a 1. wks near 109.50, showing a rebound from the 200-Day SMA. Gold dropped […]
$XAU $GLD “Gold is a place you want to be. I think that it’s partly because its inversely correlated with interest rates. But it’s also an insurance policy when things go wrong,” David Rosenberg said. “There’s no such thing as a no-brainer, but this is close.” Gold is off to a terrific start this year […]
We are now in the New Year and what better way to celebrate the start of the year than checking out some of the big events around the world. Below are 4 big events to check out in January, as follows; 2020 AUSTRALIAN OPEN 20 JANUARY – 2 FEBRUARY / MELBOURNE Celebrating 108 yrs of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.1%), DJIA (+0.1%), and NAS Comp (+0.1%) eked out incremental gains to close at record highs Monday. The Russell 2000 (-0.3%) closed in negative territory. Before President Trump, China has intended to take over the world. White House economic adviser Larry Kudlow proclaimed that President Trump will […]
The 2 biggest players in the US economy will take the stage this week, as President Trump and Fed Chairman Powell speak amid signs the nation’s trade war with China may be thawing. President Trump will deliver a speech at the Economic Club of New York Tuesday, with investors hoping he sheds light on a […]
Founder gears up further innovation as boutique operator celebrates landmark anniversary One of Asia’s most pioneering boutique tour operators, Trails of Indochina, is bearing down on a new set of standards in immersive tailor-made travel in the region after marking its 20th anniversary. Having recently expanded from Southeast Asia into East Asian nations such as Taiwan, […]
Traveling comes with its risks, and you may have heard some stories of tourists becoming victims of crimes or being taken advantage of on their holidays. Crime exists in all parts of the world and it can sometimes be difficult to avoid. But, if take your holidays in 1 of the 5 cities listed below and you […]
$RACE After Saturday qualifying; race Sunday at Suzuka International Racing Course Suzuka, Japan Lap length: 5.81 kilometres Third session 1. Sebastian Vettel, Germany, Ferrari, 1 minute, 27.064 seconds. 2. Charles Leclerc, Monaco, Ferrari, 1:27.253. 3. Valtteri Bottas, Finland, MercedesAMG, 1:27.293. 4. Lewis Hamilton, Great Britain, MercedesAMG, 1:27.302. 5. Max Verstappen, Netherlands, Red Bull Racing Honda, 1:27.851. 6. Alexander […]
The dolphins that are captured are either sold into captivity, or slaughtered for their meat. Japan’s controversial annual dolphin hunt has begun in the coastal town of Taiji. The hunting season, which is fiercely criticized by animal rights activists around the world, started on Sunday in the town of Wakyama Prefecture and will continue for […]
Glimpse a fading cultural icon in Kyoto’s Gion neighborhood If Japan has a face, it’s to be found in this small district directly adjacent to Yasaka Shrine, for it’s here that the geisha, or geiko, as they are known in Kyoto live and work. Contrary to popular belief, geiko are not prostitutes. Yes, many of […]
A diplomatic spat that prompted Japan and South Korea to downgrade trade and military ties is an economic lose-lose, experts say, with both countries already feeling the impact. South Korean firms are now scrambling to find alternative suppliers beyond Japan, while Japan’s tourism industry is counting the cost of plunging visitor numbers from South Korea. […]
President Trump said the United States would not imminently impose new tariffs on autos imported from Japan as the largest and 3rd-largest economies continue negotiations to firm up a preliminary trade agreement. At a press conference during a G-7 Summit in Biarritz, France, President Trump was asked if he was still considering the levies, which […]
When it comes to travel, your manners are the carry on that matters most. Travel broadens the mind, but there are often an unwritten rules governing behavior. From the expectations of other tourists to ingrained traditions and customs, and you do not want to offend. To avoid making a faux pas that ruins your trip, […]
Japan’s second-largest city by population, Osaka is #1 in the hearts of countless visitors and natives. Some say it’s less conventionally beautiful than other major cities, but Osaka is bursting with character, not to mention more amazing food than you can shake a chopstick at, hence its long association with the word kuidaore meaning “to […]
Major Asia Pacific markets rose by the close on Friday, as investors looked ahead to an important speech from U.S. Federal Reserve Chairman Jerome Powell later in the day. In Tokyo, the Nikkei 225 index gained 82.9 points, or 0.4%, to end the week at 20,710.91 Elsewhere, the Japanese yen traded at 106.64 versus the […]
South Korea’s decision to scrap a key intelligence-sharing pact with Japan has far-reaching geopolitical implications and shows the two neighbours are still struggling to come to terms with a bloody history. Here are five things to know about the decision: – What happened? – To general surprise, South Korea announced late Thursday it would not […]
South Korea said yesterday it will scrap an intelligence-sharing pact with Japan, drawing a swift protest from Tokyo and deepening a decades-old dispute over history that has hit trade and undercut security co-operation over North Korea. Seoul’s decision not to extend the General Security of Military Information Agreement (GSOMIA) shows how the political and trade […]
Searing heat and water quality issues have dogged Tokyo 2020 organisers in recent weeks but delegates to a Chef de Mission seminar yesterday said they are confident their hosts will find solutions ahead of next year’s Summer Olympics. The three-day visit by the National Olympic Committees (NOCs), which includes a progress update and venue tour, […]
Road tripping in Japan: The checklist Looking to take the road less travelled through Japan? Here’s everything every traveller needs to know before heading over and hitting the road. Plus, some of our favourite road trip destinations to inspire your next Japan adventure itinerary. Before you go The only thing you need to arrange before […]
Japan’s politically sensitive trade surplus with the United States grew more than 15 percent in July, data showed Monday, as negotiators from the two economic powerhouses prepare to restart talks over a free trade deal. According to Japanese finance ministry statistics, the trade surplus with Washington climbed to 579.4 billion yen ($5.5 billion) last month, […]
In a mountainous area north of Tokyo, a priest blows a conch shell as Yuichiro Yamamoto bows and thanks the nature gods for this year’s “good harvest”: natural ice. Yamamoto is one of Japan’s few remaining “ice farmers”. Eschewing the ease of refrigeration for open-air pools to create a product that is sold to high-end […]
August 15, 2019, Wirex Japan Limited officially became a type II member of the Japan Virtual Currency Exchange Association (JVCEA). A vital and hard-earned step towards being able to offer the full range of Wirex services to customers in Japan. Wirex Japan Limited is a 100% subsidiary of payments innovator Wirex Limited. Today, it became only the 8th […]
The famed Shibuya district in Tokyo, long Tokyo’s center of youth fashion, pop-culture, and music, has been in a state of dramatic evolution since the late 1800s when it was just a sleepy suburb of downtown Tokyo. For the last 100+ years, due to easy access to major transport lines and inimitable youthful energy radiating in the streets, Shibuya […]
Countries around the world are being infested by wild boars – some carrying swine flu and some radioactive. “The wild boar problem has been progressing for decades,” Spanish scientist and Enetwild coordinator Joaquín Vicente Baños said. “It’s just that now we are seeing the consequences.” Damage from wild boars in the US is believed to be more […]
When planning for your overseas vacation, take a moment to familiarize yourself with local dining customs so you can blend in with locals and minimize any embarrassment. Here are the Top dining faux pas in popular destinations to avoid, as follows: Dining at the Wrong Time In some countries, like Portugal and Spain, supper does […]
Many of us have experienced the positive results of immersing ourselves in nature and being enveloped by trees. We experience an immediate relaxation, an ability to forget our problems and often a profound awe at nature’s secrets. The documentary ‘Call Of The Forest, The Forgotten Wisdom of Trees‘ adds to the scientifically supported psychological and […]
The long running trade dispute between the world’s 2 economic titans is a Key point Saturday. Then Presidents Trump and Xi meet, both leaders are signaling a desire to de-escalate the year-long dust-up, a good will compromise is needed in here it seems. The meeting takes place on the sidelines of the international G-20 Summit […]
Thursday, President Trump began his overseas trip of the year with dinner with the Prime Minister of Australia, a friendly opening act before the impending gauntlet of negotiations on international crises, trade wars and a growing global To-Do list. President Trump is in Osaka, Japan, for the annual G-20 Summit. As his re-election bid heats […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors and Traders in a Wait & See mode for the G-20 Summit this weekend Wednesday, President Trump said that a trade deal with Chinese President Xi is possible this weekend, but he is prepared to impose US tariffs on virtually all remaining Chinese imports if the 2 countries […]
FLASH: “The choice before Iran is clear. Do you want to be a normal state with a constructive role in the international community or do you want to be a rogue state?” the Crown Prince Saudi Arabia’s Crown Prince Mohammed bin Salman said in remarks published Sunday that the Kingdom is not seeking war in […]
Attention has turned to a meeting between President Trump with Chinese President Xi at the G-20 Summit in Japan later this month as the next step in the trade standoff between the world’s 2 biggest economies. The Chinese government would not confirm Tuesday that such a meeting will take place, ‘mums the word.’ “We note […]
Late Monday, President Trump said he does expect Chinese President Xi to be at the G-20 Summit in Japan this month and the 2 world leaders are scheduled to talk at the gathering of leaders from the Top industrialized and emerging economies. Since the trade talks last month in Washington ended in a stalemate, President […]
The French tire maker, Michelin created the “Michelin Man” mascot back in Y 1894. But its most famous global brand is the highly respected Michelin Guide which is updated each year. Originally created in Y 1900 to stimulate demand for cars and tires, the Michelin Guide provided motorists with maps, tire repair instructions, hotels and gasoline […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Cash is King for investors heading into Summer Increasing a cash buffer is typical during times of economic and geopolitical uncertainty. But data from global wealth managers show that stashing cash has continued at unusually high rates even as global stocks have rallied this year on conflicting signals […]
A rare event in the safest country in the world, Japan. A middle aged man stabbed 19 people at a bus stop near a park 12 miles from Tokyo. Only 2 have been reported dead, a 12 year old girl, and a 39 year old man. The rest were injured, and the attacker committed suicide […]
The route from Tokyo to Kyoto is a well-trodden one, and it’s not difficult to understand why. These famous cities offer a wide variety of attractions and stunning scenery for visitors. But Japan is more than the sum of the busy Shibuya pedestrian crossing and Geishas shuffling down the lanes of Gion. If you are […]
NKorea’s weapons testing since the last Summit between President Trump and Chairman Kim Jong Un “isn’t bothering” our President, White House press secretary Sarah Sanders said Sunday. In a TV interview Ms. Sanders, who is accompanying the President in his visit to Japan this weekend, said President Trump’s “focus in all of this process is […]
President Trump urged Japanese business leaders to increase their investment in the United States, as he chided Japan for having a “substantial edge” on trade that negotiators were trying to even out in a bi-lateral deal. President Trump arrived in Japan Saturday for a largely ceremonial state visit meant to showcase strong ties even though […]
FLASH: Spring is probably the best time of the year to travel. In Asia, Spring is particularly beautiful, with the cherry blossoms welcoming a new season. This massive continent has some incredible cities that you’d be wise to visit during spring. You’ll get the feeling of being in a continent that is growing really fast, […]
This year’s sakura forecast covers everywhere from cities in Hokkaido, the northernmost of Japan’s islands, to Kagoshima, a seaside prefecture on Kyushu. Cherry blossom season in Japan is a big deal: There are blogs, news reports, special menus, talk shows, and festivals following the trees as they go into full bloom across the country. There’s even […]
The growing mystery of where China’s rapid slowdown is headed may become the biggest risk on the horizon. The world economy. Recession Watch: The global economy’s in its weakest shape since the financial crisis 10 years ago. China got more affirming evidence of its Big slowdown, with industrial output and retail sales softening and a […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Firm, Stocks Up Notes: The Bank of Japan’s kept interest rates unchanged Chinese Vice Premier Liu He spoke by telephone with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, with the 2 sides making further substantive progress on trade talks, China’s official Xinhua news […]
FLASH: Asia accounted for over 50% of that turnover According to The Federation of the Swiss Watch Industry FH, Swiss watch exports in Y 2018 grew 6.3% Y-Y to CHF 21.2-B. Although the value of exports was up, the total number of watches exported declined by 2.3% to 23.7-M items there were 570,000 fewer timepieces […]
Japanese Prime Minister Shinzo Abe on Monday made public his determination to have talks with North Korean leader Kim Jong-un in a bid to normalize bilateral diplomatic relations. In a policy speech to the Diet, Abe said he will “act decisively without losing any opportunity” to settle the issue of Japanese citizens abducted by the […]
Fireworks are with us a many major events world wide, they signify excitement and celebration. Here are some of the world’s best fireworks displays going off on New Year’s Eve. Reykjavík, Iceland For Midnight Fireworks You will hardly notice the cold or the just 5 hours of daylight when you celebrate with new friends and […]
When Skiing is Not Enough in the Winter Skiing and snowboarding dominate the Winter sports activity lists, there is a whole lot of other activities that will tempt you to get out and enjoy this picturesque time of the year. From running in the North Pole to spotting exotic animals and whizzing across snowy fields at […]
G-20’s New Chairman, says Japan Wants Trade Imbalance on the 2019 Agenda Japan will put issues ranging from global trade imbalances to the impact of aging populations on the agenda when it chairs next year’s meetings of leaders from the G-20 major economies, government officials said. At the end of the G-20 Summit in Buenos […]
Ferrari’s (NYSE:RACE) Tailor Made Program Highlighted in Japan $RACE Some Ferrari clienti just do not want a standard Ferrari After introducing the gorgeous J50 Special Edition at the end of Y 2016 to mark 50 years in Japan, Ferrari is now showing its appreciation for the Land of the Rising Sun. Highlighting the company’s Tailor Made division by […]
A 2019 Bear Market Event May Trigger a DJIA Move to 40,000 $DIA, $SPY, $QQQ, $RUTX, $MTAFF, $GLGDF, $RGLD, $FNV,$WPM You may recall in January 2016, the DJIA was trading at the 16,000 mark, when Yves Lamoureux, President of macroeconomic research firm Lamoureux & Co., said DIA would top 25,000 within 3-4 years. It did not take […]
For Foodies: World’s Food Markets are a Must See Travel is not complete without the authentic local food experience, and food markets are a Key part of the Foodie experience, so planning your itinerary with authentic food in mind. Below are some of the world’s best food markets, as follows: Spice Bazaar, Istanbul, Turkey The […]
F1: Ferrari’s (NYSE:RACE) Sebastian Vettel says, “we made it too easy” for MercedesAMG $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel has dropped from leading the Championship race to trailing Lewis Hamilton by 67 points in just 7 Grands Prix, with his rival winning 6 of those races and currently enjoying a 4-race victory streak. Mr. Hamilton can […]
New Tokyo Fish Market Starts Traditionally with Tuna Auction Tokyo’s famous fish market reopened Thursday at a new location but retained its most famous tradition: the tuna auction. The customary clanging of bells opened the auction for raw and frozen tuna, which crammed the huge warehouse wall-to-wall, at the waterfront Toyosu facility. The rhythmical shouts […]
F1: Ferrari (NYSE:RACE) Team Boss says, “Not ready to give up Championship battle despite the odds” $RACE Ferrari’s F1 team boss, Maurizio Arrivabene says that his team must “challenge the impossible” if it is to catch MercedesAMG in the Y 2018 standings. Looking at the championship standings, it’s very easy to surmise that MercedesAMG and Lewis […]
F1: Ferrari’s (NYSE:RACE) Vettel Must ‘Hook it Up’ Sunday to Keep Champ Hopes Alive $RACE Suzuka Circuit Details Ferrari (NYSE:RACE) returns to the iconic Suzuka circuit, and it is a critical 1 for both driver and constructors’ championships, with just 5 races left in Y 2018’s schedule. Below are some Key facts and figures related with the […]
President Trump Created a New US Trade Model The Trump Administration is pushing for trade talks with other nations and plans to use its new USMCA trade agreement with Canada and Mexico as the model for the future negotiations with its partners. This President is looking to redefine the rules on issues ranging from foreign […]
The head of the IMF Thursday called for an overhaul of Japan’s economic policy, as the world’s third-biggest economy battles stubborn low inflation, sluggish growth and a rapidly ageing population despite the fact that she was active in shaping Abenomics, and encouraged the printing of money at record rates. The hypocrite Christine Lagarde called for […]
F1: Ferrari (NYSE:RACE) the Japanese Grand Prix This Weekend $RACE 2018 F1 Japanese Grand Prix 30th Anniversary Suzuka, the most popular race track + the most copied Concerns about Typhoon Trami, which has caused serious damage in Japan, have now faded. The days leading up to the Grand Prix have been beautifully Sunny, with temperatures […]
F1: Ferrari (NYSE:RACE) Makes Aggressive Tire Selection for Japan GP + Russia GP $RACE Pirelli arrives at the Suzuka circuit with these tires on offer: supersoft, soft and medium. Ferrari keeps true to form going with an aggressive tyire selection for the upcoming Japanese Grand Prix. Sebastian Vettel and Kimi Raikkonen both chose 10 sets of the red […]
China’s Trade Policy Change “Not Going to Be Easy” Tuesday, US President Donald Trump’s top trade official said that changing China’s economic policies to become more market-oriented “is not going to be easy” even with tariffs now in place on $250-B worth of Chinese goods. US Trade Representative Robert Lighthizer, in rare public remarks at […]
Iran’s Economy Is ‘Plummeting’ Under US Pressure Iran’s economy is faltering after the US pulled out of a nuclear deal in May, and Europeans are deciding not to do business there, said Nikki Haley, the US Ambassador to the United Nations. The US position remains not to do business with any EU countries that engage […]
Bitcoin (BTC) and Other Digital Currencies Hacked in Japan to the Tune of $60,000,000 Bitcoin can be used for payment at 50,000 stores in Tokyo alone $BTCUSD Bitcoin (BTC) and other digital currency worth around Japanese Yen 6.7-B (or US$60-M) has been stolen in Japan following a hacking attack, a virtual exchange operator said Thursday. […]
Japan Marks a Record with 70,000 People Over 100 Japan has almost 70,000 centenarians and most of them are women, the health ministry said Friday. As of September, the nation’s centenarian population stood at 69,785, which is a new record high, and women accounted for 88.1 percent of the total. The number of male centenarians rose […]
Russian President Vladimir Putin has expressed hope for a summit with North Korean leader Kim Jong-un at an early date, Pyongyang’s state media said Wednesday. The message was delivered to the North’s leader as Putin congratulated North Korea on the 73rd anniversary of Korea’s liberation from Japan’s 1910-45 colonial rule, according to the Korean Central […]
Japan Hit with Trade War Losses Japan’s politically sensitive trade surplus with the United States shrank sharply in July, according to official data published Thursday, as the two allies continue to cross swords over US trade policy. The surplus with the US shrank 22.1 percent with reduced shipments of motor vehicles and microchip-making equipment dragging […]
Travel Etiquette: What We All Should Know and Practice Travel is a super experience, but there is an unwritten set of rules governing the travelers behavior. From the expectations of other tourists to ingrained traditions and customs of the country or region we are visiting, and we do not want to offend. To avoid making […]
Russia’s economy saw year-on-year growth of 1.8 percent in the second quarter benefitting from rising oil prices and despite increasingly harsh US sanctions, the national statistic agency Rosstat said. Russia’s economy expanded by 1.3 percent in the first quarter of the year compared to the same period of 2017, after two years of recession in […]
Japan bounced back to growth following its first contraction in two years, official figures showed Friday, but fears of US trade wars clouded the outlook for the world’s third-largest economy. The economy grew 0.5 percent quarter-on-quarter in the April-June period, compared with a 0.2-percent decline in January-March, according to data from the Cabinet Office. The […]
North Korea’s media on Sunday reported leader Kim Jong-un’s aggressive on-site inspections of key sites for economic reconstruction amid lackluster progress in denuclearization talks with the United States. The Rodong Sinmun, the daily of the North’s ruling Workers’ Party, said that since late June, Kim has traveled to some 20 sites in North Pyongan Province, […]
Wreck of Russian Warship Carrying $130-B in Gold Found Off SKorea A South Korean salvage team has discovered the wreck of a Russian warship that’s still carrying 200 tonnes of gold bullion and coins worth $130-B, It is thought that the battle ship, Dmitrii Donskoi, sank during the Russo-Japanese War in Y 1905, going down […]
Has the Deep State Launched World War 3 US special forces have already deployed to 133 nations in the first half of 2018, signaling a sharp increase in the Pentagon’s shadowy operations when compared to previous years, according to a new report. America’s Special Operations forces (SOF) are stationed all around the world, where they […]
The European Union’s top officials arrive in Japan Tuesday to sign the single market’s biggest trade deal ever and present a united front as Washington upends the international trade order. EU Council President Donald Tusk and Commission head Jean-Claude Juncker land in Japan after talks in Beijing, where they urged global trade cooperation and warned […]
2017/18 Racing Season in Hong Kong was Exceptional World class sport and incredible global growth underpinned a memorable 2017/18 racing season in Hong Kong, which concluded today, Sunday, 15 July, with overall turnover of HK$124.2 billion, representing a 5.8% increase on the previous season. A crowd of 31,903 turned out at Sha Tin for this […]
Thailand Has New Pioneering Rules Covering Cryptocurrencies $BTC, $ETH Thailand’s leadership, innovation and clear rules has it right in the middle of the Cryptocurrency market Regulators around the world have grappled with the issue of what category digital currencies and assets fall into, Thailand has skipped that debate. Instead, Thai authorities wrote a new law to cover […]
Mizuki Noda’s 5-year-old Mikki Rocket (JPN), at odds of 13-1, held off former Hong Kong Horse of the Year, Werther (NZ), by a neck to win Sunday’s 59th running of the 1 3/8-mile, $2,955,000 Takarazuka Kinen (G1) at Hanshin Racecourse and earned an automatic berth into the Longines Breeders’ Cup Turf (G1) through the international Breeders’ Cup Challenge. The […]
Last Week in the Crypto World $BTCUSD Last week SKorean crypto exchange Bithumb experienced a major hack, and Japan’s Mt Gox, the most notorious exchange to be hacked in Bitcoin history, is back in the news. In Switzerland, the Bank of International Settlements (BIS) spread some misinformation about digital currencies and blockchains. In the US, […]
Cryptocurrencies: Japan ‘Clamps’ Down, Bitcoin ‘Falls’ Down $BTCUSD Bitcoin falls 8% after Japan watchdog orders exchanges to strengthen practices against money laundering The world’s largest digital currency hit a 4-month low of $6,092.38 and broke below $6,400 for the 1st time in a week. The order led bitFlyer, the largest crypto exchange in Japan to suspend […]
Bank of Japan head Haruhiko Kuroda defended its decision to press ahead with the country’s ultra-loose monetary policy Friday, even as the US Federal Reserve and European Central Bank tighten their policies. After a two-day meeting, the BoJ said it would retain its current framework, pointing to a disappointing lack of progress towards its longstanding […]
President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea As of Thursday, the US military has indefinitely postponed major joint exercises with SKorea acting on US President Donald Trump’s pledge to halt the “provocative” military drills following his summit with NKorea’s Chairman Kim Jong Un. The move, a significant break in how the US and […]
The US is hoping to achieve “major” North Korean nuclear disarmament within 2.5 years, US Secretary of State Mike Pompeo has announced. It comes just one day after President Donald Trump’s historic meeting with Kim Jong-un. Pompeo said he will be playing the lead role when it comes to ensuring progress with Pyongyang, and added […]
Ferrari(NYSE:RACE) Factory Team to Suzuka 10 Hours Race $RACE Ferrari to field factory-supported entry in Suzuka 10 Hours Ferrari (NYSE:RACE) is now the 8th manufacturer to officially enter Japan’s Suzuka 10 Hours round of the Intercontinental GT Challenge in August with a factory-supported entry. The Taiwanese HubAuto team has entered a 2nd Ferrari 488 GT3 for works […]
All of North Korea’s three top military officials are believed to have been replaced, an intelligence source said Sunday, in a move that could be aimed at taming the military ahead of a denuclearization deal with the U.S. No Kwang-chol, first vice minister of the Ministry of People’s Armed Forces, replaced Pak Yong-sik as defense […]
The US will have to assure North Korea it won’t seek to undermine its leader Kim Jong-un, Secretary of State Mike Pompeo has implied. That comes after years of slamming him as a dictator and squeezing his country with sanctions. With less than a month left before the hugely-anticipated talks between US President Donald Trump […]
Cryptocurrency Regulation: New Laws, Big Changes Coming $BTCUSD There are Asian countries feeling the effects of inadequate cryptocurrency regulation, and others, like India, China and SKorea, have taken an uncertain or hostile stance to cryptocurrency. That frame is not likely to last too much longer Japan is building a clear framework for how virtual currency exchanges, and ICOs (initial coin […]
President Trump is Focused on Presidency Tuesday, the US House Majority Leader Kevin McCarthy (R-CA) said President Donald Trump does not seem impacted by any of the drama that’s plaguing his administration, including the Russia investigation and matters involving his attorney Michael Cohen. The California Republican appeared on TV and said our President is focused on […]
Cryptocurrency Trading Spikes in Japan $BTCUSD Japan’s financial watchdog agency has released data about the crypto boom in the country for the 1st time ever. The report from Japan’s Financial Services Agency (FSA), translated by Coindesk, indicated that at least 3.5-M people were trading on 17 domestic exchanges as of end of March 2018, solidifying Japan’s position as […]
World’s Oldest Man Likes Soaking in Hot Springs, Eating Sweets Masazo Nonaka has enjoyed soaking in northern Japan’s hot springs for many years, surely longer than most. He is a supercentenarian, whose family has run a hot springs inn for 4 generations, was certified Tuesday as the world’s oldest living man, at age 112 years, […]
In Times of Crisis – JPY Thrives Incredible but true, it is with almost 100 percent certainty that any new crisis or sudden bad news in global markets will force a sharp yen appreciation. This was true for the Brexit shock, the recent trade war fears, North Korean missile tests, Japanese earthquakes — you cannot […]
Bitcoin Gains, Testing Key Resistance $BTCUSD Bitcoin marked gains Tuesday as new fund inflows into the industry continued to aid the popular digital currency’s move North as it moves to test Key overhead resistance. The total cryptocurrency market cap rose to about $460-B Vs the $450-B seen Monday, as traders appeared to downplay a recent […]
Bitcoin Seeing its Worst Monthly Decliner Since December 2013 $BTCUSD,$FB Cryptocurrencies are extending losses with Bitcoin headed for its worst monthly decliner since December 2013 on the last day of January trading as US regulators ramp up their scrutiny of one of the world’s largest digital currency exchanges while Facebook Inc. (NYSE:FB) is banning ads tied to […]
The Big Q: Why are Crypto Exchanges Vulnerable to Hacks? $BTCUSD Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade Bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks. Late last week, the Tokyo-based Coincheck exchange reported a […]
SoftBank Group Corp (TYO:9984) on the Move Shares in Japan’s SoftBank Group soared nearly six percent early Monday on reports it could list its mobile unit, potentially raising some $18 billion in one of the country’s biggest public offering. In a statement, SoftBank group insisted no decision had been made, but acknowledged the listing was […]