Japan has sold 80 tons of gold used for minting coins to another arm of the government to fund part of its huge stimulus package to combat the coronavirus crisis, government officials told Reuters. ( read original story ...)
Japan seen raising economic growth forecasts for next fiscal year – Nikkei
Japan's government is preparing to raise its estimate for next fiscal year's real gross domestic product due to a boost from its latest stimulus package, the Nikkei newspaper reported on Thursday. ( read original story ...)
Japan to forecast 4% GDP for fiscal year 2021 – Nikkei
The Japanese government is planning to forecast a gross domestic product (GDP) growth of 4% for the fiscal year 2021 (April 2020 to March 2021), according to nikkei.com. That would mark an upward ... ( read original story ...)
Japan stocks flat in tug of war between rising virus cases, stimulus
Japanese shares were little changed in choppy trade on Thursday as concerns about rising domestic coronavirus cases offset optimism over further U.S. economic stimulus and a pledge of support from the ... ( read original story ...)
UPDATE 1-Japan to increase new bond issuance to pay for $1 trln budget next year -Nikkei
New bond issuance to exceed this year's amount - Nikkei (Recasts with breakdown of budget, details on current budget and background on Japan's fiscal state) ... ( read original story ...)
Japanese regional bank spearheads drive for greener finance
While Japan's mega banks are among the biggest lenders to the global coal industry, regional Shiga Bank has long supported its local community's efforts to preserve the region's natural habitat. With ... ( read original story ...)
Japan Stocks Set for Mixed Start as U.S. Fed Commits to Continuing to Support the Economy; Australia Jobs Data Ahead
Australia's jobs data for November is expected to be at around 8:30 a.m. HK/SIN. The U.S. Federal Reserve said it will buy at least $120 billion of bonds each month "until substantial further progress ... ( read original story ...)
Japan to increase new bond issuance to pay for $1 trln budget next year -Nikkei
Japan will increase issuance of new government bonds next fiscal year to fund a record budget exceeding $1 trillion, as the cost of combating the coronavirus crisis adds to the burden of paying for an ... ( read original story ...)
UPDATE 1-Japan Post Insurance to buy back $2.9 bln shares from parent -media
Japan Post Insurance Co plans to buy back about 300 billion yen ($2.9 billion) of its own shares from parent Japan Post Holdings Co to secure more freedom to expand its business, Bloomberg reported, ... ( read original story ...)
Crypto Observers Debate What’s Next After Bitcoin Hits Record
This time is different has been a recurring theme during the boom and bust periods of Bitcoin’s little more than a decade long existence. With the largest cryptocurrency topping $20,000 for the first ... ( read original story ...)
Self Esteem Brands Applauds Successful Initial Public Offering (IPO) of Anytime Fitness Master Franchisee on Tokyo Stock Exchange
today congratulated Fast Fitness Japan (FFJ) on its successful debut on the Tokyo Stock Exchange, following its Initial Public Offering (IPO). FFJ, with more than 850 Anytime Fitness club locations ... ( read original story ...)
Crypto exchange Coinbase hit by tech trouble as bitcoin breaks $20,000 for first time
Major U.S. cryptocurrency exchange Coinbase said on Wednesday its retail and professional-focused platforms were hit by connection problems and network congestion, as bitcoin smashed through $20,000 ... ( read original story ...)
Bank of Japan loads up $6 b in ammunition to combat market turmoil
The Bank of Japan will tap $6 billion in cash from a government account in a rare arrangement to ensure it has enough ammunition to combat any market disruptions caused by a recent resurgence in ... ( read original story ...)
American Express Dives Deeper Into Crypto With Trading Platform Investment
American Express Co.’s venture arm has invested in the FalconX cryptocurrency trading platform, another sign that large financial services providers are tiptoeing into the digital-asset sphere. ( read original story ...)
Crypto Is a Low-Risk, High-Reward Career Move These Days
Betting your career on crypto is dangerous now we have billion dollar businesses and people like Paul Tudor Jones have endorsed Bitcoin. ( read original story ...)
Japanese retail investors give shares in toaster maker 88% pop
Japanese retail investors have placed a $270m valuation on the company behind the nation’s most elite toaster — a contraption that has made breakfast into an art form, took 20 years to perfect and ... ( read original story ...)