Japanese shares rose toward a 29-year high on Tuesday, tracking gains in U.S. stock futures on the back of growing optimism that major drugmakers will roll out coronavirus vaccines some time before ... ( read original story ...)
ITEC Entertainment Opens New Office in Osaka, Japan
ITEC Entertainment Corporation, an industry leader in the creation of innovative solutions for the leisure, hospitality, and entertainment industries, today announced the opening of a new office in ... ( read original story ...)
Japan Corporate Capex, Profits Sag as COVID Impact Bites
On the quarter, corporate capital spending declined 1.2% in July-September on a seasonally-adjusted basis, narrowing from a 7.1% decline in the previous quarter. The data will be used to calculate ... ( read original story ...)
Japan Q3 corporate capex down 10.6% year/year – MOF
Japanese companies cut spending on plant and equipment in July-September by 10.6% from the same period a year earlier, Ministry of Finance data showed on Tuesday. ( read original story ...)
Delaying the Tokyo Olympics will reportedly cost an additional $3 billion
Organizers of the delayed Tokyo Olympics have declined to confirm widely circulated reports in Japan that the costs of the one-year postponement will be about $3 billion. The estimates have been ... ( read original story ...)
DoorDash Looks to Raise Up to $2.8 Billion in IPO
DoorDash, the biggest U.S. food delivery company, plans to sell 33 million shares for $75 to $85 each, raising up to $2.8 billion. ( read original story ...)
DoorDash aims to double valuation in much-awaited IPO
DoorDash Inc said on Monday it is aiming to raise up to $2.8 billion in an initial public offering (IPO), which could double the value of the U.S. food delivery startup and be one of 2020's largest ... ( read original story ...)
Bitcoin Hits All-Time High (Briefly) Nearly Three Years After Crypto Crash
The price of bitcoin has skyrocketed up 150% this year alone–eclipsing its record high of $19,786 on Monday, but only for a few minutes. ( read original story ...)
Nikkei ends lower, posts biggest monthly gain in near 27 yrs on vaccine cheer
Japan's benchmark Nikkei closed lower on Monday but posted its biggest monthly gain in nearly 27 years, as optimism over progress in COVID-19 vaccine development and fading uncertainty surrounding the ... ( read original story ...)
Bitcoin And Crypto Price Braces For A Shock $500 Million Earthquake
Bitcoin and cryptocurrency markets have swung wildly over the last week with the bitcoin price nudging its 2017 all-time high. ( read original story ...)
Ant IPO said to face slim chances of getting done next year
Understanding the authorities’ thinking and navigating the complex rules — some of which are still subject to change — are the biggest hurdles facing Ant. ( read original story ...)
Tokyo Stock Exchange CEO quits over October shutdown
The head of the Tokyo Stock Exchange has stepped down after accepting responsibility for an unprecedented day-long shutdown of one of the world's biggest markets, the operator said Monday. A hardware ... ( read original story ...)
Brief: Nikkei 225, Hang Seng, DAX Pulls Back; Ethereum Rises Ahead of ETH 2.0
The Nikkei 225, Hang Seng, DAX index have retreated in early trading as traders as profit-taking resumes. Bitcoin and Ethereum prices have bounced back. ( read original story ...)
What Made Central Banks Rethink Their CBDC Strategy: Evidence From Bank Of Korea, Bank Of Japan And Reserve Bank Of Australia
Along with Financial Times Alphaville reporters, skeptics of blockchain and CBDC abound in central banks and among the long term denizens of investment banks. They can foretell the future. If someone ... ( read original story ...)
Nikkei heads for biggest monthly gain in decades
Japan's benchmark Nikkei steadied on Monday, on course for its biggest monthly gain in decades, as optimism over progress in COVID-19 vaccine development and fading uncertainty surrounding the U.S. ( read original story ...)
Japan’s Aso asks banks to help as firms’ funding needs rise at year-end
Japanese Finance Minister Taro Aso on Monday urged public and private financial institutions to help ensure smooth corporate financing as funding needs rise towards the year-end. ( read original story ...)