A top market strategist at the research arm of New York-based global investment manager AllianceBernstein, which has $631 billion in assets under management, has admitted he's "changed [his] mind" ... ( read original story ...)
Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’
Russian cryptocurrency and blockchain association warns the Bank of Russia against the excess centralization of the digital ruble ... ( read original story ...)
DoorDash Boosts IPO Price Target, Eyes $35.7 Billion Market Value
DoorDash plans to price its upcoming IPO at between $90 and $95 per share, implying a market value for the biggest U.S. food delivery group of around $35.7 billion. ( read original story ...)
UPDATE 1-DoorDash aims to raise $3.14 bln in much-awaited IPO
Food delivery startup DoorDash Inc said on Friday it now expects to raise up to $3.14 billion in its U.S. initial public offering (IPO) after lifting its pricing range, signaling a frenzied interest ... ( read original story ...)
Tokyo’s Nikkei closes lower over virus worries
Tokyo's key Nikkei index closed lower on Friday, pushed down by worries over coronavirus vaccine distribution. ( read original story ...)
Japan plans $19bn fund as part of additional stimulus measures
Japan's Prime Minister Yoshihide Suga on Friday announced the creation of a 2 trillion yen ($19.2 billion) fund to promote investment in environmentally friendly projects, as part of additional ... ( read original story ...)
Yokohama Midnight Har-Bar 2020 Christmas
This large-scale nighttime event takes place on two Saturdays in December at different locations in Yokohama’s Minatomirai area. Between 7pm and 12midnight on D ... ( read original story ...)
Submarine Santa brings festive cheer to Tokyo aquarium
Dressed in a Santa Claus costume, a mask and flippers, a diver waved through a curtain of tropical fish in a Tokyo aquarium at socially distanced spectators watching from behind glass. ( read original story ...)
Tokyo Olympics delay costs may reach $2.8 billion
The cost of the postponed Tokyo Olympics could reach about $2.8 billion, according to figures released Friday by the Tokyo organizing committee, the Tokyo city government and ... ( read original story ...)
Postponed Tokyo Olympics To Cost Extra $2.4 Billion
The coronavirus-delayed Tokyo Olympics will cost at least an extra $2.4 billion, organisers said Friday, with the unprecedented postponement and a raft of pandemic health measures ballooning an ... ( read original story ...)
In new stimulus package, Japan to offer subsidies for regional banks which merge
The proposed stimulus package also calls for a review of regulations that govern the scope of banks' businesses, with an eye to spurring digitalisation ... ( read original story ...)
Japan to give more financial aid to hospitals fighting pandemic
Amid a resurgence of infections in various parts of the country, the new economic package is expected to be approved next week by Prime Minister Yoshihide Suga's Cabinet. ( read original story ...)
Japan should weigh safety net for pandemic-hit firms, says PM aide
Japan should consider creating a safety net for companies that may need help surviving the hit from the coronavirus pandemic, such as airlines and transportation firms, said Heizo Takenaka, a close ... ( read original story ...)
Japan Court Bars Operation of Kansai Elec.’s Ohi Reactors
A Japanese court ruled two nuclear reactors in the western part of the country can’t resume operation, dealing a blow to the government’s effort to expand atomic power generation to help meet its ... ( read original story ...)
Tax bureau worker arrested over alleged coronavirus benefit fraud in central Japan
NAGOYA -- A 26-year-old employee at a central Japan office for the Tokyo Regional Taxation Bureau was arrested on suspicion of fraud on Dec. 2, for al ... ( read original story ...)
Tokyo Games postponement to cost $2.8 billion: organisers
The postponement of the Tokyo Games until next year because of the novel coronavirus pandemic will cost 294 billion yen ($2.8 billion), organisers said on Friday. The extra costs will be shared by ... ( read original story ...)