Bitcoin has been trading close to $10,000, a key, psychological level the cryptocurrency has not reached since February. The world’s most valuable digital currency by market value climbed to as much ... ( read original story ...)
Luxury-property prices dropping
Luxury property prices in some of the world’s most popular cities fell in the first quarter as Covid-19 began to take its toll on the real estate sector. Values of high-end homes in New York, London, ... ( read original story ...)
Paul Tudor Jones reportedly buys bitcoin as an inflation hedge, compares crypto to 70s gold trade
Legendary trader Paul Tudor Jones is reportedly buying bitcoin as an inflation hedge as central banks around the globe print money to relieve coronavirus-battered economies. Jones, one of Wall ... ( read original story ...)
Warner Music’s Streaming up 11% in Tough Quarter
While its streaming numbers were strong, Warner Music’s earnings took a hit during the second fiscal quarter of 2020 as the coronavirus pandemic wreaked havoc on the economy. The company has ... ( read original story ...)
Isofol’s Board of Directors Resolve on a Fully Guaranteed Preferential Rights Issue of Approximately SEK 150 Million
PRNewswire/ -- Isofol Medical AB's (publ) (Nasdaq First North Premier Growth Market: ISOFOL) ("Isofol" or the "Company") Board of Directors have today, pursuant to the authorization granted by the ... ( read original story ...)
China Market Update: Bargain Hunters Lift Hong Kong
Alibaba HK (9988 HK) was the most heavily traded stock today off -0.63% as short selling increased on speculation that US-listed shares were being converted to Hong Kong shares to be sold. ( read original story ...)
Lotte chief likely to push for Hotel Lotte IPO to win power struggle
Lotte Group Chairman Shin Dong-bin is likely to accelerate the initial public offering of its key subsidiary Hotel Lotte to consolidate his grip on the multinational group’s South Korean entities amid ... ( read original story ...)
Tokio Marine to use Tractable’s AI to analyse auto damage across Japan
Tokio Marine, one of the world's largest property and casualty insurers*, is to use an AI solution to process auto damage across its ... ( read original story ...)
How lax rules, missed warnings led to Japan’s 2nd virus cruise ship hot spot
Seven days before Japan quarantined a cruise ship in Yokohama early this year, in what became one of the first coronavirus hot spots outside China, another cruise ship docked in southern Japan. For ... ( read original story ...)
Why Your Crypto Exchange Tax Documents Might Not Be Accurate
All major exchanges face a tax reporting challenge stemming from one of cryptocurrency’s core features: transferability. ( read original story ...)
SoftBank writes down WeWork by $6.6 billion, compounding portfolio misery
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds ... ( read original story ...)
SoftBank Expects Up To $6.6B Loss From WeWork Over The Past Year
On the portion of its WeWork investment held outside its Vision Fund, SoftBank said it expects a loss of what works out to be $6.6B for the year ending March, Reuters reports . “Every writedown takes ... ( read original story ...)
News Corp Australia Partners with Flybuys; US Local Media Advertising Down 3.6%
News Corp Australia partners with customer loyalty platform Flybuys to bolster its audience segments; US local media advertising is expected to fall by 3.6% as Coronavirus keeps live sports on hold; ... ( read original story ...)
Other Media | SalmonBusiness: Salmones Austral gets IPO approval, but can’t list until COVID 19 calms down
Chilean salmon farmer plans to list on the Santiago Stock Exchange. Aqua.cl reports that Salmones Austral has been given the nod from the Financial Market Commission (CMF) to register its company and ... ( read original story ...)
Naotsune Alliance to Open a New Office Location in Hong Kong
Naotsune Alliance, a financial advisor for the world of business that provides discretionary investment advisory services for individual clients, wealthy families, institutional investors and ... ( read original story ...)
Japan approves Gilead Sciences’ remdesivir as COVID-19 drug
Japan has approved Gilead Sciences Inc's remdesivir as a treatment for COVID-19, the health ministry said on Thursday, making it the country's first officially authorised drug for the disease. ( read original story ...)