Switzerland's financial markets supervisor said on Wednesday it had approved the country's first fund that invests primarily in crypto assets. ( read original story ...)
Tesla CEO Elon Musk says U.S. government should avoid regulating crypto
Tesla chief Elon Musk on Tuesday said the government should steer clear of trying to regulate the crypto market. ( read original story ...)
Japan’s Nikkei 225 falls more than 2%; Evergrande’s shares surge 10%
Asia-Pacific stocks fell in Wednesday trade, with Japan's Nikkei 225 dropping more than 2%. Elsewhere, Hong Kong-listed shares of China Evergrande Group surged 10.11% after the developer announced it ... ( read original story ...)
Kono and Kishida to contest runoff to lead Japan’s ruling LDP
The contest to lead Japan's ruling Liberal Democratic Party went to a runoff after the first round of voting failed to produce a majority winner, leaving two former foreign ministers -- Taro Kono and ... ( read original story ...)
Japan’s ruling party picks Fumio Kishida as leader, set to be next prime minister
Kishida’s victory caps an unpredictable Liberal Democratic Party election, in which two of the four candidates were female and most of the party’s largest factions allowed their members a free vote. ( read original story ...)
Asian stocks tack on to global rout, Nikkei 225 sheds 640 points
SYDNEY, NSW, Australia - Stocks in Asia mostly traded well into the red on Wednesday. The continuing uncertainty of China Evergrande, disappointing consumer confidence data in the U.S., and rising ... ( read original story ...)
Factbox: Key Policies of Japan’s Next PM Kishida, a Consensus Builder
A former banker from Hiroshima, Kishida spearheaded Japan's effort to realise U.S. President Barack Obama's historic 2016 visit to the city devastated by U.S. bombing seven decades earlier. Asked ... ( read original story ...)
China outspending U.S. and Japan in overseas development finance, study shows
But during the five years from 2013, China’s spending in overseas development finance program stood at $85.4 billion a year on average while the U.S. spending was $37 billion and Japan’s $25 billion, ... ( read original story ...)
Japan’s GPIF to shun Chinese govt bonds even after benchmark inclusion
Japan's Government Pension Investment Fund (GPIF) will not invest in Chinese government bonds due to settlement and liquidity issues, even after they will be included in a major bond index next month, ... ( read original story ...)
Kono, Kishida Face Runoff in Election for Japan Prime Minister
The race to become Japan’s next prime minister is down to a two-way race between vaccine czar Taro Kono and former Foreign Minister Fumio Kishida, after no candidate secured an outright majority in a ... ( read original story ...)
Fumio Kishida likely to become Japan’s next Prime Minister after winning LDP leadership elections
Japan's former top diplomat Fumio Kishida defeated Taro Kono in a runoff vote Wednesday to become leader of the ruling Liberal Democratic Party (LDP) -- clearing a path for him to become the country's ... ( read original story ...)
Fumio Kishida Set to Be Japan’s New Prime Minister. Here’s What to Expect From Him
Kishida, 64, beat rival 58-year-old Taro Kono in a runoff poll among LDP lawmakers and rank-and-file party members ... ( read original story ...)
Japan’s ex-top diplomat Kishida to become new PM
Japan’s former Foreign Minister Fumio Kishida has won the governing party leadership election and is set to become the next prime minister. Kishida replaces outgoing party leader Prime Minister ... ( read original story ...)
Fumio Kishida set to become Japan’s new prime minister after winning party vote
Fumio Kishida, Japan's former foreign minister, is set to become the country's new prime minister after winning his party's leadership vote on Wednesday. Kishida, 64, is well regarded among senior ... ( read original story ...)
Japan’s ruling party appoints continuity candidate as next leader
Fumio Kishida will be the next prime minister of Japan after winning a leadership battle in which the ruling Liberal Democratic Party staked its future on stability instead of gambling on a new ... ( read original story ...)
Soft-Spoken Kishida to Become Japan’s Next PM After Party Vote
Former foreign minister Fumio Kishida won on Wednesday a race to lead Japan's ruling Liberal Democratic Party (LDP), virtually ensuring that he will succeed Prime Minister Yoshihide Suga in the post ... ( read original story ...)