Japanese shares closed higher for a second straight session on Thursday as expectations for further U.S. economic stimulus and a pledge of support from the Federal Reserve lifted sentiment. ( read original story ...)
How Expensive Is Your City? These Are The World’s Most Costly
Last year, Hong Kong won top spot with Osaka and Singapore ... I have a background in research, business and finance. ( read original story ...)
BA drops 15 long-haul routes including Seoul
British Airways has cancelled services to more than 15 long-haul destinations next year.The news comes as many airlines cut staff and drop routes as passengers cut travel amid the pandemic.Routes to ... ( read original story ...)
Japan sells 80 tons of gold to fill budget hole
Japan has sold 80 tons of gold used for minting coins to another arm of the government to fund part of its huge stimulus package to combat the coronavirus crisis, government officials said ... ( read original story ...)
Trading at 369% Premium, New Crypto Fund Astounds Even Bulls
While Bitcoin was clinching an almost 200% rally that took it above $20,000 for the first time on Wednesday, a more eye-popping manifestation of the crypto craze emerged this week. ( read original story ...)
Indonesia’s Tokopedia speeds IPO plan, selects advisers
JAKARTA -- Indonesian e-commerce company Tokopedia has appointed U.S. banks Morgan Stanley and Citibank as advisers for its initial public offering as it seeks to expedite plans to go public. The move ... ( read original story ...)
In rare move, Japan sells gold to fill budget hole
Japan has sold 80 tons of gold used for minting coins to another arm of the government to fund part of its huge stimulus package to combat the coronavirus crisis, government officials told Reuters. ( read original story ...)
Japan seen raising economic growth forecasts for next fiscal year – Nikkei
Japan's government is preparing to raise its estimate for next fiscal year's real gross domestic product due to a boost from its latest stimulus package, the Nikkei newspaper reported on Thursday. ( read original story ...)
Japan to forecast 4% GDP for fiscal year 2021 – Nikkei
The Japanese government is planning to forecast a gross domestic product (GDP) growth of 4% for the fiscal year 2021 (April 2020 to March 2021), according to nikkei.com. That would mark an upward ... ( read original story ...)
Japan stocks flat in tug of war between rising virus cases, stimulus
Japanese shares were little changed in choppy trade on Thursday as concerns about rising domestic coronavirus cases offset optimism over further U.S. economic stimulus and a pledge of support from the ... ( read original story ...)
UPDATE 1-Japan to increase new bond issuance to pay for $1 trln budget next year -Nikkei
New bond issuance to exceed this year's amount - Nikkei (Recasts with breakdown of budget, details on current budget and background on Japan's fiscal state) ... ( read original story ...)
Japanese regional bank spearheads drive for greener finance
While Japan's mega banks are among the biggest lenders to the global coal industry, regional Shiga Bank has long supported its local community's efforts to preserve the region's natural habitat. With ... ( read original story ...)
Japan Stocks Set for Mixed Start as U.S. Fed Commits to Continuing to Support the Economy; Australia Jobs Data Ahead
Australia's jobs data for November is expected to be at around 8:30 a.m. HK/SIN. The U.S. Federal Reserve said it will buy at least $120 billion of bonds each month "until substantial further progress ... ( read original story ...)
Japan to increase new bond issuance to pay for $1 trln budget next year -Nikkei
Japan will increase issuance of new government bonds next fiscal year to fund a record budget exceeding $1 trillion, as the cost of combating the coronavirus crisis adds to the burden of paying for an ... ( read original story ...)
UPDATE 1-Japan Post Insurance to buy back $2.9 bln shares from parent -media
Japan Post Insurance Co plans to buy back about 300 billion yen ($2.9 billion) of its own shares from parent Japan Post Holdings Co to secure more freedom to expand its business, Bloomberg reported, ... ( read original story ...)
Crypto Observers Debate What’s Next After Bitcoin Hits Record
This time is different has been a recurring theme during the boom and bust periods of Bitcoin’s little more than a decade long existence. With the largest cryptocurrency topping $20,000 for the first ... ( read original story ...)