Japanese shares rose on Monday and briefly touched a more than 30-year high on rising expectations for a rebound in corporate earnings and economic growth. ( read original story ...)
Nikkei briefly tops 30,000 mark in morning on solid growth data
The Nikkei stock index briefly topped the 30,000 mark for the first time in over 30 years Monday morning, boosted by better-than-expe ... ( read original story ...)
Japan’s economy grows more than expected on support from trade, capex
Japan's economy expanded more than expected in the fourth quarter, extending its recovery from its worst postwar recession as a rebound in overseas demand boosted exports and capital expenditure. ... ( read original story ...)
Nikkei index hits 30,000 for first time in three decades
Japan's benchmark Nikkei Stock Average breached the 30,000 mark on Monday for the first time in nearly 31 years, as strong corporate earnings and optimism that progress in COVID-19 vaccine development ... ( read original story ...)
Nikkei seen rallying beyond 30,000, with or without BoJ
TOKYO: Japan’s Nikkei stock average looks set to extend its rally beyond the psychological barrier of 30,000 for the first time in three decades, analysts say, even without the help of the central ... ( read original story ...)
Japan stocks set to rise as China, Hong Kong markets remain closed for the Lunar New Year holiday
Japan's preliminary print for its fourth quarter gross domestic product is expected at around 7:50 a.m. HK/SIN on Monday. ( read original story ...)
USD/JPY: On the bids above 105.00 following upbeat Japan Q4 GDP
USD/JPY remains strong following welcome GDP figures at home. Japan’s preliminary Q4 GDP came in better than forecast 2.3% QoQ. Risks remain positive amid hopes of US stimulus, global vaccine drive. ( read original story ...)
Self-proclaimed crypto skeptic Max Levchin says Affirm may have to consider cryptocurrencies if Bitcoin’s popularity continues to grow
Affirm, the buy now, pay later fintech, reported its first quarterly earnings on Friday after its January IPO. ( read original story ...)
Naomi Osaka survives Gabby Muguruza scare
Naomi Osaka saved two match points as she battled back from the brink to reach the quarter-finals of the Australian Open with a (4-6, 6-4, 7-5) victory over in-form Garbine Muguruza on ... ( read original story ...)
Japan sake industry tackles rice surplus as COVID hits demand
Japan's sake industry is taking on the problem of a surplus of rice specially grown for making the fermented alcoholic beverage as the coronavirus pandemic causes a sharp drop in demand for the drink ... ( read original story ...)
Pandemic sparks transformation in Japan’s retail marketing
The number of products in Japan's supermarkets is decreasing. Nikkei analyzed the data of Nikkei POS, a database of retail prices and sold volumes at stores in Japan, and learned that in 2020, the ... ( read original story ...)
Clear crypto rules urgently needed as major companies embrace asset – SEC official
A clear cryptocurrency regulatory regime is urgently needed as major companies like Tesla Inc, BNY Mellon Corp and Mastercard Inc embrace the alternative asset class, a top Securities and Exchange ... ( read original story ...)
Half of Japan’s regional banks see profit loss or incur red ink
More than half of 78 listed Japanese regional banking groups and banks saw a decline in their net profits or incurred red ink in the April-December period, hit by the coronavirus pandemic, an analysis ... ( read original story ...)
Tokyo stocks likely to be top-heavy next week, keeping Nikkei from topping 30,000 mark
The market enjoyed a bull run on positive developments regarding U.S. President Joe Biden's $1.9 trillion coronavirus stimulus package and rosy earnings announcements by Japanese firms. ( read original story ...)
Coronavirus: G7 finance chiefs highlight need to support pandemic-hit economies
The teleconference among the G7 finance ministers and central bank governors was the first since the new administration of US President Joe Biden. ( read original story ...)
Dark Web Site Selling Stolen Credit Cards and IDs for Crypto Closes After Netting more than $1 Billion
Investigators said the "Joker's Stash" marketplace, which dealt in stolen credit cards, log-ins and identity information which it sold for cryptocurrency, pocketed at least $1 billion, Reuters ... ( read original story ...)