Category: FINANCE

Doctors in Japan are asking for the cancellation of the Tokyo Olympics as they fight to contain a recent COVID-19 case increase that has left hospitals in the country full. According to Reuters, the ... ( read original story ...)

Japan’s target of balancing its budget by fiscal 2025 is essentially out of reach and pushing for it too hard would derail the pandemic-hit economy, according to Ayako Fujita, a member of the finance ... ( read original story ...)

After reaching unicorn status, investors are wondering if Boom Supersonic stock is in the near future. If it does go public, here's what you need to know. ( read original story ...)

Stocks fell broadly in afternoon trading Wednesday as the market's downturn entered into a third day. Meanwhile the price of Bitcoin and other cryptocurrencies dropped sharply. ( read original story ...)

Like many things in markets, Bitcoin managed to maximize the pain. Its rise went on just long enough to pull in a bunch of otherwise sensible money. And then it made them pay. ( read original story ...)

The price of cryptocurrencies is continuing to plunge amid a dramatic crash. The entire market has dropped dramatically in the wake of a coming Chinese crackdown on the use and trading of virtual ... ( read original story ...)

Rolling coverage of the latest economic and financial news ... ( read original story ...)

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. ( read original story ...)

Elon Musk, the CEO of Tesla, has tweeted that the car company will not be selling any of its cryptocurrency, despite the market currently crashing. The news comes as bitcoin, Ethe ... ( read original story ...)

U.S. stocks are opening broadly lower, extending a weak streak into a third day. The price of Bitcoin dropped another 20% Wednesday, extending a sharp pullback in crypto assets over the past month, ... ( read original story ...)

Funding the second phase of the Red Sea Development Company is being considered through an initial public offering (IPO), asset sales, or tap debt markets, announced CEO John Pagano. Pagano indicated ... ( read original story ...)

The Tokyo Olympics can mark a turning point in the global COVID-19 pandemic, the CEO of Swedish Olympic Committee has said. Speaking as they launched their apparel for the 2020 Games, Peter Reinebo ... ( read original story ...)

Beijing has taken another step in restricting the use of cryptocurrency in China, causing a market-wide price plunge. ( read original story ...)

Bitcoin fell more than 13% to hit an intraday low of $38,585.86 at around 12:54 a.m. ET, according to CoinDesk data. That was the lowest level since Feb. 9, the last time it dropped below $40,000. ( read original story ...)

The Nikkei share average dropped 1.28 per cent to close at 28,044.45, while the broader Topix lost 0.66 per cent to 1,895.24. ( read original story ...)

Bitcoin tumbled 14 per cent to its lowest level since early February after Chinese regulators intensified efforts to crack down on the use of cryptocurrencies by financial institutions. In a joint ... ( read original story ...)