An upcoming upgrade for Ethereum, the most-actively used blockchain in the world, is adding to the mania around cryptocurrencies sparked by the jump in Bitcoin. ( read original story ...)
JD Unit Seeks up to $3.5 Billion in Asia’s Biggest Health IPO
JD Health International Inc. is looking to raise as much as $3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest health-care listing on record. ( read original story ...)
China Firm Seeks Shot Approval; Tokyo Restaurants: Virus Update
A leading Chinese vaccine developer applied to bring its shot to the market, seeking to get a jump on Western rivals as the race for a working inoculation against the pandemic enters the final stretch ... ( read original story ...)
Japan’s Nikkei Up Nearly 2% as Asia-Pacific Shares Mostly Rise After Dow Surges to a New Record
In Japan, the Nikkei 225 jumped 1.87% while the Topix index gained 1.47%. The Hang Seng index in Hong Kong also saw robust gains as it advanced 1.37%. South Korea's Kospi advanced 0.58%. Over in ... ( read original story ...)
Nikkei jumps 1.6% as Dow hits all-time high on Biden transition
The Nikkei share average rose 1.59% to 26,581.98 ... Tokyo’s call comes after the Japanese government on Tuesday paused its domestic travel promotion campaign in the cities of Sapporo and ... ( read original story ...)
POLL-Nikkei faces correction before gains next year
Japanese shares will likely see a correction in the near term following a global rally fuelled by coronavirus vaccine hopes, but will rise next year to their highest levels in three decades, a Reuters ... ( read original story ...)
Japan MOF panel urges wise spending, budget balance as focus shifts to post-COVID
TOKYO (Reuters) - Japan must pursue "wise spending" to back digital transformation and better productivity rather than simply boosting the size of stimulus in the wake of the COVID-19 pandemic, an ... ( read original story ...)
Bitcoin Tests Record High With $20,000 in Focus as Fund Managers Shift Cash Into Crypto
Bitcoin prices has surged more than 90% since early September, thanks in part to an accelerating shift from institutional funds in gold and dollar alternatives. ( read original story ...)
Coinbase To Issue A New Crypto Tax Form For 2020
For the 2020 tax year, Coinbase is issuing a new tax form (1099-MISC) and abandon the Form 1099-K which created a tax nightmare for many taxpayers. ( read original story ...)
Nikkei faces correction before gains next year: Reuters/Ipsos poll
The Nikkei has surged to levels unseen since the collapse of the bubble economy and is up more than 13.8% this month, even though the world is seeing another wave of infections. Rising coronavirus ... ( read original story ...)
Japan stocks set to trade higher after Dow surges to a new record
Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,490 while its counterpart in Osaka was at 26,440. That compared against the Nikkei 225's last ... ( read original story ...)
Market tailwinds mean Japan remains the land of the rising stock
And that may not be the end of its run. Japan’s attractiveness as a cog in a well-diversified equity portfolio is not waning heading into the final months of 2020. The Nikkei’s rebound off the March ... ( read original story ...)
Bitcoin Tests Record High, With $20,000 In Focus, As Fund Mangers Shift Cash Into Crypto
Bitcoin prices has surged more than 90% since early September, thanks in part to an accelerating shift from institutional funds in gold and dollar alternatives. ( read original story ...)
Square and PayPal may be the new whales in the crypto market as clients flock to buy bitcoin
Fintech companies are helping fuel demand for bitcoin as they open the floodgates for millions of people to trade it. ( read original story ...)
Cryptocurrency Prices Make Headlines, But Crypto Accounting Is Key To Further Growth
Cryptocurrency prices and market share continue to increase, but the accounting and reporting remain inconsistent and a headwind to wider adoption. Even as the blockchain and cryptoasset sectors ... ( read original story ...)
Cypherpunk, Crypto Anarchy and How Bitcoin Lost the Narrative
The crypto industry tends to give "cypherpunk" vibes a great deal of lip service without much attention to their real values. ( read original story ...)