In the wide-open contest to be Japan's next premier, hopefuls have until Friday to announce intentions. For now, it's a three-horse race: The favourite, COVID-19 vaccine minister Taro Kono, ex-foreign ... ( read original story ...)
Japan’s SBI launches tender offer for Shinsei Bank, lifts target bank’s price over 20 pct
Japanese online financial firm SBI Holdings Inc. (SBI) launched a tender offer on Friday, aiming to make its smaller rival Shinsei Bank a subsidiary of SBI, with buy orders pouring in for the bank's ... ( read original story ...)
Inside the cult of crypto
The protean crypto subculture welcomed debate and criticism, DeRose told the FT last month. Although it had a mysterious creator-messiah in whoever was hiding behind the moniker “Satoshi Nakamoto”, it ... ( read original story ...)
The U.S. should work on developing a clear crypto regulatory framework, says SEC commissioner
Hester Peirce, U.S. commissioner on the Securities and Exchange Commission, says the current cryptocurrency regulation laws in the country are unclear, and having a clear regulatory framework will ... ( read original story ...)
Japan’s Topix hits highest since 1990 on hopes of new govt, better earnings
Japan's Nikkei hit a six-month high on Friday and the broader Topix index touched its best level since 1990, extending their bull run since the end of August on hopes for a new government and further ... ( read original story ...)
No place in Japan for ‘modern monetary theory’, says Finance Minister Aso
Japan must not make its public finances a target of experiment for lax financial management such as through "modern monetary theory", Finance Minister Taro Aso said on Friday.Aso made the comment at a ... ( read original story ...)
Stocks Jump on Japan, China Tech; Treasuries Dip: Markets Wrap
Asian stocks rose Friday as Chinese technology shares rebounded and Japan resumed a rally, bringing some relief from a bout of weakness in global equities this week.Shares climbed more than 1% in ... ( read original story ...)
A crypto social club that costs $8,000 to join just got a $100 million valuation from Andreessen Horowitz and other top VCs. Here’s why.
Friends With Benefits started as an informal crypto social club. But now, top VCs are taking notice and see huge benefits from backing the group. ( read original story ...)
G-20 likely to strike final global tax deal in Oct.: Japan’s Aso
The Group of 20 major economies are likely to reach a final agreement on global tax reforms when they hold high-level meetings in Oct ... ( read original story ...)
The whining from these crypto execs has got to stop
The complaining about regulation from the boy kings of crypto is pathetic, and it's even worse when it reveals they have no idea how finance works. ( read original story ...)
Crypto Flash Crash Brought Tax Problems Too
Crypto markets had a flash crash, and that means lots of taxes were probably triggered too. Investopedia defines a flash crash is an event in electronic securities markets wherein the withdrawal of ... ( read original story ...)
El Salvador’s shaky bitcoin roll-out is an ‘ill-conceived’ experiment, but won’t hurt the crypto market in the long term, JPMorgan says
JPMorgan said El Salvador's shaky bitcoin roll-out says more about the country's rushed mandate and less about the future use cases of crypto. ( read original story ...)
Peer-to-peer trades are sustaining Nigeria’s crypto activity despite a ban
The value of bitcoin traded on LocalBitcoins and Paxful grew from $32 million in January and February this year to more than $44 million in August. ( read original story ...)
Mastercard makes a big bet on crypto, buying blockchain analytics start-up CipherTrace
Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies. ( read original story ...)
Japan Airlines looking to raise US$ 2.7 billion -Nikkei
Japan Airlines Co Ltd is looking to raise 300 billion yen (US$2.72 billion) in funds to ride out anticipated funding challenges amid the continued slump in air traffic, Nikkei reported on Thursday, ... ( read original story ...)
WaPo Tokyo Chief Exits Paper After Allegations Surfaced in Bombshell Lawsuit
Alex WongThe Washington Post’s Tokyo bureau chief is leaving the paper just one month after it was revealed that he continued to cover stories about sexual harassment despite being accused of ... ( read original story ...)