The freewheeling world of crypto lending. Posted . Peer-to-peer cryptocurrency platforms have experienced a major boom during lockdown. Loans on such plat ... ( read original story ...)
Former Toshiba chipmaker files for IPO
The company spun off of Toshiba's memory chip business is set to go public in what is expected to be Japan's largest IPO this year. ( read original story ...)
Here’s How Markets Could React if Japanese PM Abe Resigns Over Health Fears, Bank of America Says
A sudden resignation by Japanese Prime Minister Shinzo Abe could see the U.S. dollar fall against the yen as political risks in both countries mount, Bank of America analysts said on Thursday. ( read original story ...)
Shinzo Abe’s Resignation Could Be an Entry Point for Japanese Stocks, Analysts Say
The resignation of Japanese Prime Minister Shinzo Abe, Japan’s longest-serving prime minister, could create an entry point for Japanese equities, analysts said. Daiju Aoki, regional CIO Japan for UBS ... ( read original story ...)
Stocks Rally on Consumer Data, Yen Surges as Japan’s Abe Quits
Global equity markets rose to a new high on Friday as U.S. consumer spending in July suggested a strong economic rebound lies ahead, while the Japanese yen surged on safe-haven buying after Prime ... ( read original story ...)
Olympics-IOC, IPC thank “Super-Mario” Abe for Tokyo vision
Olympic officials thanked outgoing Japanese premier Shinzo Abe on Friday for his commitment to bringing the Games to Tokyo and said they would work closely with his successor as Japan bids to overcome ... ( read original story ...)
Asia Pacific Shares: Nikkei Tumbles After Japan PM Abe Confirms Resignation
The major Asia Pacific stock indexes were mixed on Friday as investors continued to assess the impact of recent developments from the U.S. Federal Reserve. The price action across the board suggests ... ( read original story ...)
Crypto AG’s successor company Crypto International dismisses 70 employees and pivots focus after losing export license
Crypto International, which acquired the scandal-embroiled Crypto AG, has confirmed that it has laid off 70 employees as a result of an export license suspension possibly related to concerns ... ( read original story ...)
Canopy Growth to open 10 stores in Alberta under Tweed and Tokyo Smoke banners
Canopy Growth Corp. says it will open its first retail cannabis stores in Alberta.The Ontario-based company says it's set to open 10 stores under the Tweed and Tokyo Smoke banners and has additional ... ( read original story ...)
Likely end to ‘Abenomics’ rattles Japan markets
Japanese shares tumbled Friday (August 28) on the news that Prime Minister Shinzo Abe will resign. The Nikkei share index dropped as much as 2.65%, before closing down by just over 1.4%. Japan’s ... ( read original story ...)
Who could lead Japan after Abe?
As Japan's Prime Minister Shinzo Abe announces his plans to resign over health problems, attention turns to who could succeed the country's longest-ruling premier, with no consensus yet clear on a ... ( read original story ...)
Japan’s Longest-Serving Leader Abe Resigns Due to Health Reasons
Japanese Prime Minister Shinzo Abe resigned to undergo treatment for a chronic illness, ending his run as the country’s longest serving premier.“What is most important in politics is to achieve ... ( read original story ...)
Abenomics fails to deliver as Japan braces for post-Abe era
Japanese Prime Minister Shinzo Abe's signature shock-and-awe 'Abenomics' stimulus strategy was already faltering even before his decision on Friday to step down due to health reasons. After sweeping ... ( read original story ...)
Japan PM Shinzo Abe resigns over health issues; who’s next in line?
Japan's Prime Minister Shinzo Abe announced Friday he will resign over health problems, in a bombshell development that kicks off a leadership contest in the world's third-largest economy. "I have ... ( read original story ...)
Yen Jumps, Japan Stocks Sink After Reports Say Abe Plans to Quit
Japanese stocks slumped while the yen advanced after Prime Minister Shinzo Abe told officials he plans to resign, raising questions over the future of his signature stimulus policy.Volatility surged, ... ( read original story ...)
Investor interests crimp Toshiba spinoff’s IPO ambitions
TOKYO -- Toshiba's former memory business received ... 2.13 trillion yen ($20 billion), which would make it Japan's largest IPO this year. The listing is a major milestone for the former Toshiba ... ( read original story ...)