Overseas investors bought 1.1 trillion yen ($10.4 billion) worth of Japanese equities in cash and futures contracts in the week ended Nov. 6, the most since October last year, according to data from ... ( read original story ...)
Japan’s Economy Seen Clawing Back Half of Pandemic Losses
(Bloomberg) -- Japan’s sharp economic rebound in the last quarter likely recovered only around half the growth lost during the pandemic, official data is expected to show Monday, with weak business ... ( read original story ...)
Bitcoin climbs above $16,000 to its highest level since January 2018 as crypto rally pushes forward
Though the cryptocurrency has broken several resistance levels in recent weeks, it's far from its record high of $19,665 ... ( read original story ...)
BitPay Enables Businesses to Pay Out with Crypto Using BitPay Send
BitPay Send is a new mass payout service that enables organizations to pay employees, affiliates, customers, vendors, contractors with cryptocurrency. ( read original story ...)
2 Stocks to Ride the Crypto Wave
Buffett's hostility to crypto is probably based in large part on his shunning of tech stocks in general. Buffett doesn't invest in things he doesn't understand well, and crypto is as hard to ... ( read original story ...)
Hackers, Scammers Have Stolen $7.6B in Crypto Since 2011
Billions of dollars have been stolen through hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain. ( read original story ...)
Tencent’s Sales Top Estimates in Sign the Gaming Boom Persists
Tencent Holdings Ltd.’s revenue rose a better-than-expected 29%, riding a pandemic-era gaming boom that’s persisted in defiance of an economic downturn. ( read original story ...)
Japan to offer subsidies to spur regional bank mergers – Nikkei
Japan will create a scheme next year that offers subsidies to regional banks that merge or consolidate, the Nikkei newspaper reported, underscoring premier Yoshihide Suga's resolve to boost the ailing ... ( read original story ...)
Nikkei closes near 29-1/2-year high; vaccine caution weighs
Japan's Nikkei share average closed near a 29-1/2-year high on Thursday as technology shares tracked their U.S. peers higher, although gains were checked by profit-booking following a rally fuelled by ... ( read original story ...)
Japan to offer subsidies for regional lenders that merge, consolidate – Nikkei
Japan's government will create a scheme next year that offers subsidies to regional lenders that merge or consolidate to boost their financial standing, the Nikkei newspaper reported on Thursday. ( read original story ...)
What the Council on Economic and Fiscal Policy brings to Suga’s table
Osaka – Of all the governmental policy-making bodies in Japan, one of the most important and influential today is the Council on Economic and Fiscal Policy. Reporting directly to the prime minister, ... ( read original story ...)
Should you invest in Japan after Abe’s resignation?
While his successor Yoshihide Suga, also of Japan's Liberal Democratic Party, has stated his premiership will focus on continuing the policies and goals of the Abe administration, September's figures ... ( read original story ...)
Japan’s Fujitsu, Mizuho, PeptiDream to Form Joint Venture to Develop COVID-19 Treatments
Fujitsu Ltd, Mizuho Financial Group Inc, and drugmaker PeptiDream Inc said on Thursday they are forming a joint venture to develop treatments for COVID-19. The new company, to be called PeptiAID Inc, ... ( read original story ...)
Nikkei hits near 29-1/2-year peak as tech shares track Wall Street peers higher
Japan's Nikkei share average hit a near 29-1/2-year high on Thursday, as tech shares gained after their U.S. peers drove the Nasdaq higher overnight, while some profit-booking after a rally on ... ( read original story ...)
Goldman, Nomura See Nikkei Rallying More After Crossing 25,000
The pandemic has done what seven years of Abenomics could not: push Japan’s Nikkei 225 benchmark above the 25,000 mark for the first time since 1991. Now, some prominent market watchers predict the ... ( read original story ...)
Japan Stocks Set to Trade Higher as Tech Bounces Overnight on Wall Street
Stocks in Japan were set to trade higher following an overnight bounce for tech stocks on Wall Street as a recent rotation into cyclicals paused. ( read original story ...)