Core consumer prices in Tokyo suffered their biggest annual drop in more than eight years, data showed on Friday, an indication the hit to consumption from the coronavirus crisis continued to heap ... ( read original story ...)
Mitsui Fudosan Set to Bid for Tokyo Dome to Ward Off Oasis
(Bloomberg) -- Mitsui Fudosan Co. is poised to make a bid for Tokyo Dome Corp., helping the operator of one of Japan’s largest stadiums push back against activist investor Oasis Management Co. The ... ( read original story ...)
Shanghai exchange eyes IPO crown to celebrate 30th anniversary
The Shanghai Stock Exchange is just a stone's throw away from becoming the world's top destination for initial public offerings, only 30 years since its revival, though concerns over state ... ( read original story ...)
Nikkei faces correction before gains next year: Reuters poll
Japanese shares will likely see a correction in the near term following a global rally fuelled by coronavirus vaccine hopes, but will rise next year to their highest levels in three decades, a Reuters ... ( read original story ...)
Crypto exchange Coinbase hit by connection, latency problems as bitcoin plummets
Cryptocurrency exchange Coinbase said on Thursday its retail and professional-focused platforms were hit by tech problems, with users reporting difficulty trading as bitcoin plunged towards its ... ( read original story ...)
Crypto exchange Coinbase comments on negative ‘New York Times’ story that hasn’t been published yet
The New York Times is (probably) about to publish a story about cryptocurrency exchange Coinbase. But we're not reading about it on the news outlet's website, because Coinbase has taken the highly ... ( read original story ...)
Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy
The price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. ( read original story ...)
Crypto selloff sees Bitcoin shed almost $3K after nearing record highs
While equity markets are closed for Thanksgiving, crypto traders are not taking the day off.Bitcoin (BTC-USD) plunged by 15% overnight, or nearly $3,000, to as low as $16,328. ( read original story ...)
Japan’s Stock-Playing Central Bank Racks Up $56 Billion Gain
The Bank of Japan under Gov. Haruhiko Kuroda scored after boosting investments at the stock-market bottom, but some have started saying he shouldn’t play the market so much. ( read original story ...)
Pandemic and internet banking push Japan’s banks to revamp their branches
Withdrawing or transferring cash through a bank teller could completely disappear in Japan within a few years as banks revamp branches to adapt to the digital age. ( read original story ...)
Crypto Boom Shaken as Bitcoin Plunges Along With Other Coins
Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. ( read original story ...)
Crypto crash: After nearing record, Bitcoin plunges
Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. Bitcoin slumped as much as 8.7%, the most since early ... ( read original story ...)
Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges. ( read original story ...)
Analysis: With New Bank Aid, BOJ Makes Stealthy Retreat From Negative Rates
Short-term rates may creep up if the banks tap markets for funds that they then shift to BOJ deposits to earn 0.1% interest. That would complicate the BOJ's efforts to meet its -0 ... ( read original story ...)
Japan’s stocks are on a tear and could rise another 14%, says Nikko strategist
Nikko Asset Management's John Vail said the Nikkei 225 is set to trade even higher in 2021, after already gaining more than 11% so far this year. ( read original story ...)
Japan’s export credit agency to lend $2 billion to Nissan for U.S. sales financing
Japan's state-owned export credit agency has agreed to give Nissan Motor Co up to $2 billion as part of a credit agreement to help it finance car sales in the United States. ( read original story ...)