Japanese Prime Minister Shinzo Abe came to power in 2012 on the promise to reinvigorate the economy. But with the highest per-capita debt in the world and falling growth forecasts, things still look pretty grim.
Japan's government has nominated Haruhiko Kuroda for a second term as central bank governor, giving the veteran finance chief more time to battle deflation and kick-start the world's third largest economy.
Cash-strapped Chinese conglomerate HNA has stepped up efforts to restore confidence and bolster its balance sheet, announcing that it has further reduced its stake in German lender Deutsche Bank.
Global markets continue to wobble precariously. European markets took a big hit on Tuesday, following major losses across Asia and particularly in Japan. Wall Street steadied after a torrid opening.
Coincheck is facing scrutiny after losing $530 million (€424 million) in a recent hack. The Japanese government has been trying to regulate the cryptocurrency exchanges since 2017.
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