At closing bell, the 225-issue Nikkei Stock Average advanced 279.50 points, or 0.96%, to 29,441.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange increased 15.73 ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 0.96%
Japan stocks were higher after the close on Tuesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 0.96% to hit a ... ( read original story ...)
Japan’s SoftBank supercharges Singapore’s Carro to unicorn status
Japan's SoftBank Group has led a $360 million Series C funding round in Singapore online car sales platform Carro, propelling the Southeast Asian startup into the ranks of unicorns -- companies with a ... ( read original story ...)
Awaiting the arrival of SPACs in Japan
Katsumasa Suzuki, Masakazu Kumagai and Yu Nimura of Mori Hamada & Matsumoto explore the challenges and solutions that the introduction of SPACs in Japan will create for the country’s capital market ... ( read original story ...)
NBCUniversal CEO says Tokyo Olympics could be most profitable ever for company
NBCUniversal Chief Executive Jeff Shell said on Monday that the upcoming Tokyo Games could be the most profitable Olympics in NBC’s history. “I think we're pretty optimistic about both the ratings and ... ( read original story ...)
Thinking Of Getting Into Cryptocurrency? The Top 10 Crypto Tax Mistakes To Avoid
Introducing a ten-part series designed to help crypto experts and novices alike avoid the most common crypto tax reporting mistakes. ( read original story ...)
Didi Duo Set for Billion Dollar Fortunes on Ride-Hailing IPO
Cheng Wei, the co-founder of Chinese ride-hailing giant Didi, is poised to shoot up the ranks of the super-wealthy when his firm lists shares in the U.S. The company filed last week for an initial ... ( read original story ...)
Is SoftBank right to back the buy now, pay later app ahead of Klarna’s IPO?
Klarna’s valuation has doubled in the last three months, and rumours continue to grow regarding the firm’s IPO potentially taking place in London. ( read original story ...)
Sushi group YO! to change name as US arm’s growth paves way for IPO
The company will change its name to The Snowfox Group, reflecting its dominant US business, Sky News understands. ( read original story ...)
Japan Nikkei rises 0.7%
At closing bell, the 225-issue Nikkei Stock Average advanced 213.07 points, or 0.74%, to 29,161.80. The broader Topix index of all First Section issues on the Tokyo Stock Exchange inclined 5.73 points ... ( read original story ...)
Dark Tech: Latest Ransom Scandals Highlight Crypto’s Role As Money Laundering Play
Wealthy Russians, Chinese and Saudis are no longer buying up real estate; they’re hiding money in crypto wallets, and pumping billions into tech startups. ( read original story ...)
Crypto Currencies Not Good Medium for Payments, BOE Chief Says
Bank of England Governor Andrew Bailey warned against using cryptocurrencies for payments, taking another swipe at digital tokens. ( read original story ...)
7 key things that happened in crypto over the past week
Between El Salvador passing legislation to adopt bitcoin as legal tender, to a record CyberPunk NFT sale, here are five things worth knowing. ( read original story ...)
Bitcoin pops 12% to $40,000 after Tudor Jones endorsement, Musk’s about-face on accepting crypto
Elon Musk said Sunday that Tesla will resume bitcoin transactions once the firm confirms there is "reasonable" clean energy usage by miners. ( read original story ...)
Olympics-Australian Titmus lays down the gold standard for Tokyo
Australia's Ariarne Titmus confirmed she is one to watch at the Tokyo Olympics by smashing the Commonwealth record in the women’s 200m freestyle on Monday, a day after swimming the second fastest 400m ... ( read original story ...)
Tanzania Considers Crypto—And Boosts Bitcoin—As Nations Line Up Behind El Salvador To Embrace Decentralized Finance
Tanzania became the latest country to signal its support for digital assets this weekend as its president instructed financial authorities to prepare for widespread use of cryptocurrencies, elevating ... ( read original story ...)