The Uber-style service, known as Full Truck Alliance, is valued at $10 billion ahead of the capital fundraising. ( read original story ...)
Nikon Is to Cut 20 Percent of Its Workforce Outside of Japan
Nikon has announced that it will lay off 20 percent of its workforce outside of Japan by March 2022, a sign that the company is seeking to cut costs in response to a declining market. According to ... ( read original story ...)
Crypto Gaming Pioneer Cloudbet Officially Launches in Argentina
Launch comes amid higher interest in crypto gaming. Operator pledges to launch more coins for Argentina market. Cloudbet, the pioneering crypto casino and sportsbook, has official ... ( read original story ...)
ZebPay To Launch Non-fungible Crypto Token In India
The token will give rewards to its userbase, such as lower fees on its platform as well as discounts from partners such as e-commerce retailers, streaming services and food deliveries, among others ... ( read original story ...)
China’s ‘Uber for Trucks’ Raising $1.7 Billion Ahead of IPO Next Year
Full Truck Alliance, a Chinese startup that provides an Uber-like service for the trucking industry, is being valued at $10 billion before the capital raise, according to people familiar with the ... ( read original story ...)
Nikkei gains as hospitality shares jump, stay-home winners lose footing
Japan's Nikkei share average rallied to a 29-year high on Tuesday as battered airlines, railway and department store operator shares jumped on news of progress in the development a COVID-19 vaccine. ( read original story ...)
Mizuho to Become First Japanese Bank to Sell Consumer Data
Mizuho Financial Group Inc. will start selling information on consumers’ spending habits and other aggregated data in a bid to expand beyond the traditional lending business. ( read original story ...)
UPDATE 1-Japan’s bank lending slows amid uneven corporate recovery
Big firms repaying loans, small firms still struggling (Recasts with breakdown on lending, context on recent trends) ... ( read original story ...)
Japan Overall Bank Lending Climbs 6.2% On Year
Overall bank lending in Japan was up 6.2 percent on year in October, the Bank of Japan said on Tuesday - coming in at 573.034 ... ( read original story ...)
Japanese Market Rises For Sixth Day
The Japanese stock market is rising for a sixth straight day on Tuesday, while the safe-haven yen weakened against the dollar after ... ( read original story ...)
Japan finmin Aso: Pace of recovery in private demand is fast
Japanese Finance Minister Taro Aso said on Tuesday that the pace of recovery in private demand was fast, as seen in the automotive sector. ( read original story ...)
Japan’s current account surplus rises in September
The surplus in Japan's current account has risen for the first time in seven months, year on year. Finance Ministry officials say the surplus in September was up 4.2 percent to 1.66 trillion yen, or ... ( read original story ...)
Nikkei opens higher above 25,000 mark, hits new 29-yr high
Tokyo stocks opened higher Tuesday, with the benchmark Nikkei rising above the 25,000 mark to hit a fresh 29-year high, on progress o ... ( read original story ...)
Nikkei jumps to 29-year high, Honda leads carmakers on upbeat earnings
Japan's Nikkei share average on Monday reached a high last seen almost three decades ago, after Joe Biden clinched the U.S. presidency, with Honda Motors leading gains among carmakers on strong ... ( read original story ...)
Japan: Nikkei closes higher
Total 27 issues of 33 industry category of Topix index ended into black territory, with Nonferrous Metals, Precision Instruments, Information & Communication, Marine Transportation, Transportation ... ( read original story ...)
‘Biden Bounce’ sees Japan shares hit 29-year high
Shares in Japan hit a near 30-year high on Monday, the first day of trading following news that Joe Biden had won the US presidential election. Japan's main share index - the Nikkei 225 - rose 2.5% in ... ( read original story ...)