Financial leaders of the Group of 20 major economies on Friday endorsed a "Common Framework" for treating debt of developing countries hit hard by the coronavirus pandemic, Japanese Finance Minister ... ( read original story ...)
Doordash files for IPO, reveals sales have soared during pandemic
Doordash filed to take itself public on Friday, setting the stage for a blockbuster IPO by the end of this year. The fast-growing food-delivery giant, which in just seven years has become the ... ( read original story ...)
Nouriel Roubini—Crypto’s Fiercest Critic—Has Admitted Bitcoin Could Be A ‘Store Of Value’ As Price Suddenly Soars
Economist Nouriel Roubini, one of crypto's fiercest critics, has said bitcoin is "maybe a partial store of value"—rowing back on previous comments where he's said bitcoin's headed for ... ( read original story ...)
Japan plans tax breaks, fund to support zero-carbon goal: Nikkei
Japan plans to introduce tax incentives and create a research fund to support so-called green investment, as the government pushes to meet a target of carbon-neutrality announced earlier this month, ... ( read original story ...)
Largest Crypto Exchange’s CEO Speaks Out on Regulation, Trends
Once again, cryptocurrencies have vaulted into the limelight. Prices are surging and interest is spiking, with everyone from PayPal to Fidelity to JPMorgan is showing greater interest. ( read original story ...)
Need a holiday? Crypto firm’s new partnership could save you money
Want to pay less for hotels so you’ve got more money for cocktails on the beach? A crypto start up says its digital currency is now supported by a cut-price travel site. Once the coronavirus ... ( read original story ...)
Galaxy Digital Doubles Down On Crypto Trading Business – Acquires DrawBridge Lending And Blue Fire Capital
Galaxy Digital has doubled down on efforts to bridge the worlds of institutional finance and crypto by acquiring two specialized cryptocurrency trading firms: DrawBridge Lending and Blue Fire Capital. ( read original story ...)
This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs). ( read original story ...)
Japan finmin: G20 finance heads endorse common framework for developing world debt
Financial leaders of the Group of 20 major economies on Friday endorsed a "Common Framework" for treating debt of developing countries hit hard by the coronavirus pandemic, Japanese Finance Minister ... ( read original story ...)
Japan’s Nikkei index snaps eight-day winning streak as Covid-19 cases surge
Japan’s Nikkei index ended lower overnight snapping eight consecutive sessions of gains, as investor sentiment was knocked by concerns around resurging new cases of Covid-19 both at home and abroad. ( read original story ...)
Japan’s top bank MUFG posts 34% slump in H1 profit but raises annual forecast
Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T reported on Friday a 34% drop in its half-year net profit due to a rise in credit-related costs amid the COVID-19 pandemic. But Japan's biggest bank, ... ( read original story ...)
Japan’s top bank MUFG posts 34% drop in H1 profit
Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T reported on Friday a 34% drop in its half-year net profit due to a rise in credit-related costs amid the COVID-19 pandemic. Net profit in ... ( read original story ...)
Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US
Paypal announced “all eligible Paypal account holders in the U.S. can now buy, hold and sell cryptocurrency directly with Paypal.” ... ( read original story ...)
Nikkei snaps eight-day winning streak as COVID-19 cases surge
Japan's Nikkei share average ended lower on Friday, snapping eight consecutive sessions of gains, as investor sentiment was knocked by concerns around resurging new cases of the novel coronavirus both ... ( read original story ...)
Japan’s Exports, Consumer Prices to Extend Declines: Poll
Japan's exports likely extended declines in October but at a slower pace as improving global demand helped some parts of the trade sector, data next week is expected to show, although a recent ... ( read original story ...)
Japan’s Shimachu accepts Nitori’s $2 billion buyout bid over rival’s, Nikkei says
Japanese home improvement retailer Shimachu Co will accept a $2 billion buyout bid by furniture chain Nitori Holdings Co , the Nikkei reported on Friday, rejecting an earlier agreed ... ( read original story ...)