Major cryptocurrency derivatives exchange FTX has launched trading in “fractional stocks offerings” — tokenized products representing the shares of global firms. The products were launched on Oct. 29 ... ( read original story ...)
WeWork’s New CEO Is Eyeing an IPO Again — After He Turns Profit
WeWork is on track to turn profitable in 2021 and will then revisit plans for an initial public offering, Chief Executive Officer Sandeep Mathrani said, a year after the startup’s IPO fiasco prompted ... ( read original story ...)
Tokyo’s Nikkei Closes Down For Fourth Straight Session
Tokyo's benchmark Nikkei index closed down for a fourth consecutive session Thursday, extending falls on Wall Street on rising concerns over escalating coronavirus cases in the northern hemisphere. ( read original story ...)
BOJ Stands Pat, Says Japan’s Economy Recovering Gradually
TOKYO—The Bank of Japan kept monetary policy unchanged Thursday and maintained its view that the Japanese economy is gradually recovering from the impact of the coronavirus pandemic. “Japan’s economy, ... ( read original story ...)
Japan’s central bank keeps monetary policy unchanged, lowers growth, inflation forecasts
TOKYO, Oct. 29 (Xinhua) -- The Bank of Japan (BOJ) on Thursday lowered its economic growth and inflation forecasts for the current business year through March, although kept its ultra-loose monetary ... ( read original story ...)
Bank of Japan cuts growth forecast but flags policy pause on recovery prospects
The Bank of Japan has today trimmed its economic and price forecasts for the current fiscal year but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough ... ( read original story ...)
Japan’s Kioxia to build $9.5bn NAND plant to meet 5G demand
Yokkaichi is the Japanese semiconductor maker's main production ... However, the delayed IPO limits Kioxia's options for raising funds. The NAND flash memory sector is consolidating as six ... ( read original story ...)
Japan stocks fall on coronavirus worries; upbeat earnings outlook limits losses
Japanese shares fell to a one-month low on Thursday weighed by concerns about fresh coronavirus lockdowns in Europe, although companies issuing bullish forecasts during earnings season limited losses. ( read original story ...)
Bank of Japan trims growth and price outlook, keeps policy steady
As widely expected, the central bank kept monetary policy steady, including a -0.1% target for short-term interest rates and a pledge to guide long-term rates around 0% ... ( read original story ...)
State Bank Raises $1 Billion Loan From Japanese Lenders
The loan is intended to promote the smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India. ( read original story ...)
Japan Needs Political Will to Meet Its Carbon Pledge
The government must regulate in favor of solar power, which is far more expensive than in other rich countries. ( read original story ...)
SoFi CEO on investing patterns, crypto assets and plans to offer a new credit card
Online personal finance company SoFi CEO Anthony Noto reports an large uptick in fractional trading, says cryptocurrency is a risky asset worth considering and explains plans to launch a new credit ... ( read original story ...)
Two Indicted in Latest Federal Prosecution of SIM-Swapping Crypto Thieves
Federal prosecutors on Wednesday said that two men have been indicted for stealing cryptocurrency from victims through a SIM-swapping and phishing fraud scheme. The case should remind members of the ... ( read original story ...)
Coinbase’s debit card is coming to the US, will let you spend crypto anywhere Visa is accepted
Crypto craze: If you're one of the many folks who have hopped on board the cryptocurrency bandwagon, crypto exchange Coinbase might have some good news for you today. Starting now, you can sign up to ... ( read original story ...)
Axion’s Launch is Going to Make Crypto-Believers out of Mainstream Investors
It’s an investment vehicle that’s aimed at one of the biggest untapped markets left in the crypto-world: mainstream income investors. It aims to lure both crypto-investing veterans and ... ( read original story ...)
Tokyo Rubber Set for Best Month in 45 Years on China Car Outlook
(Bloomberg) -- Rubber futures in Tokyo headed for their biggest monthly surge in more than four decades on expectations that economic improvement in top consumer China will boost demand, while ... ( read original story ...)