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 ...)
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 ...)
UPDATE 1-In new stimulus package, Japan to offer subsidies for regional banks which merge
Japan will offer subsidies to regional banks that merge with rivals as part of plans to encourage economic growth in regional areas, a draft of a stimulus package seen by Reuters showed on Friday. ( read original story ...)
Japan May Create up to $19 Billion Fund to Promote Green Investment: Sources
Japan's government is considering creating a 1 trillion to 2 trillion yen ($9.63 billion to $19.27 billion) fund to promote investment in environment-friendlier areas, three government officials with ... ( read original story ...)
Asia-Pacific Stocks Trade Mixed Amid Covid Vaccine Concerns
The Wall Street Journal reported that Pfizer had originally planned to ship 100 million doses this year, but some early batches of raw materials failed to meet standards. ( read original story ...)
Changpeng Zhao, Crypto’s Influence Miner
Zhao says he expects Binance to have profits of $800 million to $1 billion this year, up from about $570 million last year, as market uncertainty pushes traders into digital coins. ( read original story ...)
Japan to give more financial aid for hospitals fighting pandemic
Japan's new economic package will include increased subsidies for medical institutions to help them secure more beds for novel coronavirus patients, a government draft of the stimulus showed Thursday. ( read original story ...)
IPO Launch: Certara Seeks $500 Million U.S. IPO
Princeton, New Jersey-based Certara was founded to develop biosimulation software to assist biopharmaceutical companies in conducting virtual trials to predict how drugs might behave in patients. ( read original story ...)
Facebook’s Diem, Visa, and PayPal are looking to capitalize on the crypto payments space
Visa, PayPal, and Facebook's Diem, formerly known as Libra, are looking to capitalize on the rapidly growing crypto payments industry. ( read original story ...)
S&P Dow Jones Indices to Launch Crypto Indexes in 2021
S&P Dow Jones Indices, a major financial data provider, said Thursday it will launch a customizable cryptocurrency indexing service in partnership with crypto tax service Lukka in 2021. The coming ... ( read original story ...)
Japan Plans Phase-Out of New Gasoline Cars by Mid-2030s
All new vehicles sold in Japan by the mid-2030s will be hybrid or electric as the government begins to unveil concrete steps for reaching its goal of becoming carbon neutral by 2050, broadcaster NHK ... ( read original story ...)
JD.com’s logistics unit is in talks with banks for what may be one of Hong Kong’s most anticipated initial public offers of 2021
JD Logistics was created in April 2017 as a separate business unit under JD.com, using the company’s widespread fulfilment network to provide integrated supply chain and logistics services to third ... ( read original story ...)