News On Japan

FTX Japan to recommence withdrawals in February

TOKYO, Feb 21 (financialexpress.com) - FTX Japan, the Japanese subsidiary of cryptocurrency exchange FTX, has issued a statement on the withdrawal of users’ fiat currency and crypto assets.

It is believed that the development would happen through the Liquid Japan web platform on February 21, 2023, as reported by Cointelegraph.

According to Cointelegraph, the subsidiary freezed operations in November, 2022, after its parent firm, FTX, applied for bankruptcy. Sources suggest that assets of around nine million customers and billions of dollars became locked in legal proceedings. ...continue reading

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A civic group in Usa City, Oita Prefecture, that collects and analyzes materials from the Pacific War has released twelve pieces of footage showing U.S. air raids and kamikaze attacks.

The Japanese government on March 21st released a report outlining countermeasures for volcanic ash in the event of a Mount Fuji eruption, including a four-stage evacuation plan based on ashfall volume.

Police uniforms in Japan will undergo their first major redesign in 31 years, with changes including the abolition of skirts for female officers and the introduction of polo shirts to help cope with rising temperatures.

Japan ranked 55th in the latest World Happiness Report, released on March 20th to coincide with the International Day of Happiness. Finland secured the top position for the eighth consecutive year, followed by Denmark and Iceland, with Nordic countries dominating the upper ranks due to strong welfare and education systems.

A third-party panel investigating allegations of power harassment against Hyogo Governor Motohiko Saito submitted its findings to the prefectural government on March 19th, concluding that ten instances of his conduct constituted workplace harassment.

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As the number of vacant houses across Japan continues to rise—now estimated at 9 million—a unique group in Kobe is tackling what many consider a lost cause: severely dilapidated homes, or 'haioku.'

Japan's household financial assets reached a record 2,230 trillion yen ($15 trillion) at the end of December last year, driven by growing use of the tax-free NISA investment accounts and rising stock prices.

JR Hokkaido announced on March 19th that the JR Sapporo Station redevelopment, linked to the Hokkaido Shinkansen extension, will be delayed by six years, with full operations now set for fiscal 2034.

Japan's Ministry of Land, Infrastructure, Transport and Tourism announced that as of January 1st, official land prices—a key real estate benchmark—rose 2.7% year-on-year, marking the fourth consecutive annual increase.

The gender pay gap in Japan has reached its smallest level on record, as the average monthly salary for full-time workers posted its highest growth in 33 years, according to a survey by the Ministry of Health, Labour and Welfare.

A single-family home in Yokohama for 3.8 million yen? A two-story 3LDK in Narashino, Chiba, for 9.8 million yen? What makes these properties so cheap? We investigated the reasons behind these bargain-priced homes.

Watermelon farmers have expressed concerns over the potential impact of emergency pest control measures aimed at preventing the spread of the Segroulimibae fruit fly.

The men's beauty market is expanding, with a growing number of middle-aged men investing in personal grooming. Over the past five years, the price of men's facial lotion has surged by 40%, reflecting the increasing demand.