Deal activity in the cryptocurrency sector soared in 2020 and is likely to keep climbing this year, according to a report. The total value of mergers and acquisitions in crypto more than doubled last ... ( read original story ...)
Japan Vaccine Czar Says Inoculations Won’t Pick Up Until May
The fast pace of finance is right at your fingertips. BNN Bloomberg's morning newsletter will keep you updated on all daily program highlights of the day's top stories, as well as executive and ... ( read original story ...)
Japanese bank Nomura says it’s facing a loss of $2 billion as a hedge fund blow up roils markets
The losses may be tied to what the Wall Street Journal called an "unprecedented" $30 billion stock sell-off late last week. ( read original story ...)
Japan’s Nexon Says Invested $874 Million in Hasbro, Bandai Namco and Konami
Japanese gaming firm Nexon said on Monday it invested $874 million in 2020 in companies including Hasbro, Bandai Namco, Konami and Sega Sammy as part of a plan to take stakes in entertainment ... ( read original story ...)
Bank of Japan can heighten transparency by clarifying yield band: March summary
The Bank of Japan can heighten transparency and stabilise markets by clarifying the band at which it allows long-term interest rates to move around its 0% target, several views voiced by the board ... ( read original story ...)
Japan’s MUFG, Sumitomo face climate votes at AGMs as activism grows
Mitsubishi UFJ Financial Group, Japan' biggest bank, and Sumitomo Corp, one of the country's largest trading houses, are being targeted with climate resolutions from activist shareholders at their ... ( read original story ...)
New York, London Beat Asian Finance Hubs in Race to Vaccinate
The financial capitals hit hardest by Covid-19 are pulling ahead in the race to vaccinate their residents. London has outpaced global peers when measured by the percentage of residents inoculated with ... ( read original story ...)
Japan gov’t long-term debt to top $9.12 trillion
The outstanding long-term debt of the Japanese government is set to top 1,000 trillion yen ($9.12 trillion) at the end of March, acco ... ( read original story ...)
America’s Crypto A-List: The Leaders Building The Digital Future
People aren't asking "What is a Bitcoin?" anymore. They're asking, "How's my Bitcoin?" instead. A look at some Americans making that possible every day. ( read original story ...)
Tokyo Stock Exchange revives ambitions to lure Asian IPOs
TOKYO -- The Tokyo Stock Exchange is reviving ... The company plans to raise 14.5 billion yen ($132 million) from the IPO, giving it a valuation of about $1.5 billion, based on its offering ... ( read original story ...)
Here Are the Top Altcoins To Buy As New Month Arrives, According to Crypto Trader Lark Davis
Crypto trader Lark Davis is pulling back the curtain on five altcoins that he believes are set to erupt in April. ( read original story ...)
Crypto user modifies old school Game Boy for Bitcoin mining
The result was nonces getting incremented on the console’s green screen, showing the rig was attempting to mine crypto. "The hash rate is pretty impressive, roughly 0.8 hashes per second," said ... ( read original story ...)
A Second Crypto Warning issued by the FSCA
On its last note, the FSCA stated that most of the crypto asset investments that look too god to be true are usually a scam. ( read original story ...)
Japan looks to end support for overseas coal power projects
The Japanese government is considering ending support for the exportation of coal-fired power plants to follow the lead of the U.S. and Europe on decarbonization, Nikkei has learned. This marks a ... ( read original story ...)
Bank of Japan Forms Committee to Coordinate CBDC Efforts
The Bank of Japan (BOJ) said it has launched a liaison and coordination committee as it experiments with a central bank digital currency (CBDC). In a statement, the BOJ said the commmitee’s first ... ( read original story ...)
Why Value Investors Should Focus on Japan
Japan is arguably home to many undervalued companies, and I believe that tactically allocating assets to this developed Asian nation could help investors generate alpha returns in the long run. ( read original story ...)