NTT sells 1 trln yen bonds, biggest-ever corp bond in Japan * Strong investor appetite allows NTT to double its offering * Market sees record amount of new issues in 2020. TOKYO ... ( read original story ...)
Lockheed Martin to Join Japan’s New Fighter Jet Program: Nikkei
(Reuters) - Lockheed Martin Corp, the maker of the F-35 stealth jet, will join a project led by Mitsubishi Heavy Industries (MHI) to build a new fighter plane that Japan's air force is expected to ... ( read original story ...)
Nike shrugs off Japan boycott threats after controversial ad
For the past week, Nike Japan has been the subject of a consumer boycott. But you wouldn't know it from the stream of customers going in and out of its flagship store in Tokyo's Harajuku area on ... ( read original story ...)
Japan’s Banks Have a $44 Billion Dilemma With Client Stakes
Japan’s biggest banks have a $44 billion problem: how to sell stakes in their most important clients without losing their business. ( read original story ...)
Asia Markets: Hong Kong and Seoul stocks rise early Friday as Tokyo and Shanghai lose ground
Asian stock markets were mixed Friday after Wall Street sank following signs damage to the U.S. economy from the coronavirus is worsening while Congress is deadlocked over possible new aid. ( read original story ...)
Paulson notes China’s rise in global finance
But mainland China will be an increasingly formidable challenger in financial services in the next few years," Paulson wrote in an op-ed published on The Wall Street Journal website Wednesday. Paulson ... ( read original story ...)
SoftBank soars on US$11bil DoorDash gain, buyout prospect
SoftBank Group Corp shares surged as its paper profit from the initial public offering (IPO) of DoorDash Inc hit US$11.2bil, adding to gains from the prospect the Japanese company could attempt to go ... ( read original story ...)
Asian shares boosted by vaccines hopes, Brexit deadline casts shadow
Asian shares bounced back on Friday as progress on COVID-19 vaccines boosted investor sentiment, but tricky Brexit negotiations and U.S. stimulus talks capped gains in riskier assets. ( read original story ...)
Japan banks struggle to unwind last ¥4.6 trillion in cross-shareholdings
The practice of cross-holdings is largely unique to Japan, where it emerged after the war to cement ties with friendly owners and keep more demanding shareholders at bay. “There is a bedrock,” said ... ( read original story ...)
Japan to spend $3.7 billion in budget reserves to back travel campaign
Japan's Cabinet has decided to spend 385.6 billion yen ($3.71 billion) in emergency budget reserves to back the country's domestic travel campaign, the Ministry of Finance said on Friday. ( read original story ...)
NTT makes history with Japan’s biggest bond
Nippon Telegraph and Telephone has raised ¥1trn (US$9.6bn) in the biggest bond offering in the Japanese domestic market, doubling the previous record. TOKYO, December 11 (IFR) - Nippon Telegraph and ... ( read original story ...)
Asian shares extend gains after more Wall Street records
Stocks were mostly lower Thursday in Asia after weakness in technology companies' shares led an overnight decline on Wall Street. Benchmarks fell in Tokyo, Hong Kong and Sydney but edged higher in ... ( read original story ...)
Solving Crypto’s Long-Standing Fragmentation Problem
One impediment to this has been the fragmentation of the industry. Currently, there are thousands of tokens in the market, each spread across hundreds of exchanges with different user interfaces and ... ( read original story ...)
Coders Flock Back to Crypto Projects With Prices Surging Again
Software developers are flocking back to the cryptocurrency world at a level not seen since the market last peaked three years ago. ( read original story ...)
This Crypto Bank Stock Is Up Nearly 200% in the Last Three Months
Silvergate Capital has developed infrastructure that makes it very attractive for crypto exchanges and institutional traders in the space. ( read original story ...)
Crypto trader and accused Ponzi scheme is now fighting the SEC and jilted investors
The SEC subpoenas the former owner's bank accounts to find out what happened to investments into Crypto Traders Management. Dissolved limited liability company Crypto Traders Management is seeing its ... ( read original story ...)