Trying to benefit from the sector’s rapid growth, wealthier investors are buying financial products that carry legal and regulatory risk. ( read original story ...)
Stocks Slip Lower, Evergrande Skips Payment, China Bans Crypto Trading – 5 Things You Must Know
Stock futures dip as Evergrande triggers caution, Evergrande misses dollar bond debt payment; Nike warns on supply chain delays; Costco to limit key item purchases; China bans all cryptocurrency ... ( read original story ...)
Japan Nikkei rebounds 2.1%
At closing bell, the 225-issue Nikkei Stock Average surged 609.41 points, or 2.06%, to 30,248.81. The broader Topix index of all First Section issues on the Tokyo Stock Exchange spurted 47.20 points, ... ( read original story ...)
Once it reopens for foreign tourists, India to tap markets of Europe, America, Australia, Japan, Korea
Australia and countries like Japan and Korea, which yield high returns in the form of foreign exchange earnings. Inter-governmental discussion between Tourism, Finance and Home Affairs on finalising ... ( read original story ...)
Chris Wood raises weight of Bajaj Finance in Asia ex-Japan portfolio
Indian stocks now have the largest 36 per cent weight in the portfolio. This is more than the combined weight of China and Taiwan. Other territories included in the portfolio are Korea, Australia, ... ( read original story ...)
Regulating crypto: the $2T Rubik’s Cube
This episode of Playbook Deep Dive goes down the rabbit hole of crypto trading, Bitcoin, Ethereum, Dogecoin — you get the idea. Digital currency has never been a hotter topic on Capitol Hill. ( read original story ...)
China Deems All Crypto-Related Transactions Illegal in Crackdown
China’s central bank said all cryptocurrency-related transactions are illegal and must be banned, sending the strongest signal yet on its determination to crack down on the industry. ( read original story ...)
Bitcoin slips after China central bank vows to crack down on crypto trading
Bitcoin fell nearly 5% on Friday after China's central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors. The largest ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 2.06%
Japan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 2.06%. The best ... ( read original story ...)
Testing of “Flying Car” to begin in Osaka
Tokyo-based drone maker SkyDrive signed a partnership agreement with Osaka Prefecture and Osaka City on September 14 for the practica ... ( read original story ...)
Tokyo stocks surge at close after US rally
Tokyo stocks rallied more than two percent Friday following a strong lead from Wall Street and as fears eased over troubled Chinese property giant Evergrande.The benchmark Nikkei 225 index surged 2. ( read original story ...)
Japan equities shine as foreign investors bet on stimulus, political change
Japanese shares could win a rare gold medal this month, on course to become the world's best performing market, as foreign investors piled in on hopes for economic stimulus, improving vaccine rollouts ... ( read original story ...)
Oyo to Seek at Least $1.2 Billion in IPO After Comeback
Oyo, the startup that ran into troubles during the pandemic plans to file preliminary documents to go public as soon as next week. ( read original story ...)
Nikkei ends over 2% higher as concerns ease over Chinese firm collapse
Tokyo stocks ended sharply higher Friday, with the benchmark Nikkei gaining over 2 percent, on receding fears over the potential coll ... ( read original story ...)
Asian markets trade flat; Japan’s Nikkei 225 index outperforms
Asian markets trading almost flat on Friday as investors continue to watch developments surrounding China Evergrande Group. The Nikkei 225 in Japan jumped 1.89% while the Topix index gained 2.1%, ... ( read original story ...)
Tokyo stocks open higher extending US rally
Tokyo stocks opened higher on Friday, extending gains on Wall Street, which was buoyed by the Federal Reserve's indicating it could soon unwind its easing, in line with market expectations.The ... ( read original story ...)