The odds of a Bitcoin correction would increase if the flows into the world’s largest traded cryptocurrency fund slow significantly, according to strategists at JPMorgan Chase & Co. ( read original story ...)
Crypto Should Avoid Having Reg Future Shaped By Others
Although some results from the 2020 elections ended up as predicted, many did not. Even with some fresh faces in Washington, a divided Congress would mean that sweeping legislative changes are ... ( read original story ...)
SoftBank To File For First SPAC IPO Today, Seeking To Raise Up To $600M: Axios
SoftBank Group Corp. (OTC: SFTBY) will be filing for an initial public offering of its first special purpose acquisition company on Monday, Axios reports. What Happened: The ... ( read original story ...)
Japan shares fall from 29-1/2-year peak on renewed virus concern
Japanese shares closed lower on Monday, slipping from a 29-1/2-year high hit earlier in the session, as concerns about a spike in domestic coronavirus cases and the emergence of a new strain of the ... ( read original story ...)
Japan’s Market Falls Amid Virus Strain Concerns
Pound sterling is significantly down across Asia markets on Monday, seemingly due to growing concerns about a new COVID-19 variant and tighter restrictions imposed in Britain. Shares started the week ... ( read original story ...)
Japan Cabinet OKs more defense funds amid potential threats
Japan's Cabinet approved a ninth straight increase in the nation's defense budget as the government bolsters funding to develop longer-range cruise missiles and stealth fighters ... ( read original story ...)
Ex-minister’s support group held ‘year-end’ party at Osaka hotel amid virus concerns
The support group of a former information technology minister held a political fundraising party at a hotel here on the evening of Dec. 18, w･･･ ... ( read original story ...)
Japan Cabinet Approves Record Budget, Higher Defence Spending
Japan's cabinet on Monday approved a record budget proposal for the next fiscal year from April, including stimulus for the pandemic-hit economy and another hike in defence spending to counter China. ( read original story ...)
SoftBank to apply for IPO of blank-check acquisition vehicle in US
The Japanese conglomerate is expected to raise tens of billions of yen. It is currently unclear which company SBG is looking to purchase but it appears to not be any of the group's existing ... ( read original story ...)
SoftBank prepares to file for SPAC IPO on Monday – Axios
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato REUTERS: SoftBank's Vision Fund is preparing to raise ... ( read original story ...)
Japan’s record $1 trln budget highlights COVID-19 challenge to growth, debt
Japan's cabinet approved on Monday a record $1.03 trillion budget draft for the next fiscal year starting in April 2021, the Ministry of Finance said, as the coronavirus and stimulus spending puts ... ( read original story ...)
Japan sets record $52 billion military budget with stealth jets, long-range missiles
Japanese Prime Minister Yoshihide Suga's government approved a ninth consecutive rise in military spending on Monday, funding the development of an advanced stealth fighter and longer-range anti-ship ... ( read original story ...)
Crypto Long & Short: Bitcoin Is More Than a Hedge Against Inflation – It’s a Hedge Against ‘Crazy’
Bitcoin is often a hedge against inflation, but it's also a safety play for a world where old ideas about economics are up in the air. ( read original story ...)
Japan stocks set for mixed start; China’s benchmark lending rate release ahead
The coronavirus situation in parts of North Asia such as Japan and South Korea remains severe and could weigh on investor sentiment. ( read original story ...)
Japanese intervention to protect USD/ JPY above psychological 100
"Make sure the yen-dollar exchange rate does not cross the 100 yen mark." Central bank intervention is a dangerous path to tread, just ask the Bank of England, for the market is far larger than any ... ( read original story ...)
Magnitude 4.7 earthquake strikes near Ōfunato, Japan
The United States Geological Survey reports a preliminary magnitude 4.7 earthquake struck near Ōfunato, Japan on Sunday. The quake hit at 9:35 AM local time at a depth of 44 kilometers. There was no ... ( read original story ...)