Jack Ma’s Chinese financial titan aims to raise at least $30 billion in Hong Kong and Shanghai in October, which could push global first-time share sales by tech firms well past $57 billion, according ... ( read original story ...)
Japan shares jump on hopes Abe successor may continue current policies
Japanese shares bounced back on Monday, recovering from sharp losses seen in the previous session, as concerns about Prime Minister Shinzo Abe's resignation were tempered by speculation that his ... ( read original story ...)
Japan Industrial Output Rises for Second Month but Retail Sales Fall Again
Japan's factory output rose for a second straight month in July, signaling a gradual recovery from the blow delivered by the coronavirus pandemic. But retail sales fell for a fifth straight month and ... ( read original story ...)
Japan looks to AI as coronavirus challenges go-and-see quality control mantra
At a factory south of Japan's Toyota City, robots have started sharing the work of quality-control inspectors, as the pandemic accelerates a shift from Toyota's vaunted "go and see" system which ... ( read original story ...)
Japan’s PM Candidate Kishida Cautious About Cutting Sales Tax
"The sales tax is a source of revenue to pay for Japan's social welfare burden...," Kishida told a television programme, when asked if he opposed cutting it from the current 10% rate. "Cutting the tax ... ( read original story ...)
A Niche Crypto Just Blew Past The Bitcoin Price All-Time High—Up 3,500% In Just One Month
The bitcoin price, up around 40% since the beginning of 2020, has been left in the dust by the gains made some DeFi projects—including yearn.finance (YFI) that's up a staggering 3,500% in just a ... ( read original story ...)
Dollar Set for Fourth Monthly Drop; Yen Steadies on Reports of Suga Run for PM
The dollar was poised to register its fourth consecutive monthly decline on Monday, its longest streak since the summer of 2017, while the yen steadied after a longtime lieutenant of Shinzo Abe ... ( read original story ...)
Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto
Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that's an opportunity for the crypto industry. ( read original story ...)
What The Market Is Saying About Shinzo Abe’s Resignation In Japan
The next prime minister will be decided on sometime in September and it is expected that a candidate who shares Abe’s economic views will replace him. The continuity of “Abenomics” policies should ... ( read original story ...)
Grayscale, The World’s Largest Bitcoin And Crypto Asset Manager, Has A Massive ‘Premium’ Problem
Grayscale launched two new cryptocurrency funds last week, a litecoin trust and a bitcoin cash trust, with demand driving one of the funds to a staggering 1,000% ... ( read original story ...)
Shinzo Abe’s Lesson for U.S.: Leaning on a Central Bank Has Its Limits
Japan’s next leader will face a question many other countries are now grappling with because of the coronavirus pandemic: How much can central banks do to pull economies out of a deep malaise? ( read original story ...)
Japan’s Eneos to hasten refinery consolidation as virus slams demand at home
Japan's biggest oil refiner Eneos Holdings Inc will hasten its transformation into a supplier of low-carbon energy and materials as domestic oil demand drops more than expected due to the COVID-19 ... ( read original story ...)
Institutional crypto interest hasn’t been affected by COVID-19
In a world where almost every asset has shown vulnerability, digital assets have proven themselves to be reliable. ( read original story ...)
Japan’s Suga to join race to succeed PM Abe – Kyodo
Japan's Chief Cabinet Secretary Yoshihide Suga intends to run in the ruling party leadership race to succeed Prime Minister Shinzo Abe, Kyodo news agency reported on Sunday, citing an unnamed source. ( read original story ...)
Naomi Osaka withdraws from Western & Southern final with hamstring injury
Naomi Osaka, who was to play in the finals of the Western & Southern Open on Saturday, has withdrawn from the tournament with a hamstring injury. Her opponent, Victoria Azarenka, took the title by ... ( read original story ...)
The Great Reset and accredited investors: Bad crypto news of the week
World leaders have been discussing the role of cryptocurrencies during The Great Reset, the time that will follow the end of the pandemic and the reopening of world economies. As some leaders look for ... ( read original story ...)