Japanese stocks touched a 29-year high on Monday after the economy posted its first expansion in four quarters and as progress in developing a COVID-19 vaccine continued to lift global markets. ( read original story ...)
Japan’s Economic Surge Set to Slow as Virus Strikes Back
(Bloomberg) -- Japan’s biggest expansion in more than a half century outpaced expectations as exports and consumption powered growth, though the recovery is likely to cool this quarter as the virus ... ( read original story ...)
How The Crypto Community Got Divided Into Two Halves: CeFi Vs. DeFi
CeFi is an extension of the existing financial model but upgraded to the next level with crypto. It fixed a traditional financial problem — accessibility. Unlike CeFi services, DeFi protocols and ... ( read original story ...)
KKR, Rakuten seek to invest in Walmart-owned Japanese supermarket chain – Nikkei
KKR (NYSE:KKR) and Japanese ecommerce company Rakuten (OTCPK:RKUNY) (OTCPK:RKUNF) are in talks to invest in Walmart (NYSE:WMT)-owned Seiyu, a Japanese supermarket chain, Nikkei reports, citing ... ( read original story ...)
Bitcoin Climbs Above $16,000; What Biden’s Win Means For Crypto Regulation
With Joe Biden defeating incumbent Donald Trump in last week’s presidential election, rumors have started to swirl about who will make up his cabinet. ( read original story ...)
Binance US Exit, FINRA Citigroup Fine, NJ Crypto Act, FMVS: Editor’s Pick
As the dust settles on the US election, here are the top stories from the world's of forex, fintech and crypto, in this week's best of the week segment. ( read original story ...)
KKR and Rakuten to invest in Japanese supermarket Seiyu
TOKYO - U.S. investment firm KKR and Japanese e-commerce company Rakuten are in discussions to invest in Seiyu, the Japanese supermarket chain owned by Walmart, Nikkei learned Sunday. KKR, Rakuten and ... ( read original story ...)
Ukraine is prepared to lead Eastern Europe’s crypto space
As crypto adoption surges across the globe, recent Ukrainian structural and legislative changes about crypto assets will foster a crypto boom in Eastern Europe. ( read original story ...)
IOC chief in Tokyo, APEC Summit, US-Taiwan ministers
Summitry will reach its peak this week, as leaders from the member countries of BRICS and APEC hold their annual meetings virtually. Saudi Arabia will host its final major G-20 meeting Saturday ... ( read original story ...)
Why crypto betting is becoming more popular in esports
Bettors looking to get into esports betting should join one of the top crypto sports betting sites to enjoy their gambling journey. These sites are becoming more and more popular, and it is because of ... ( read original story ...)
Japan finance minister: G20 finance heads endorse common framework for developing world debt
Financial leaders of the Group of 20 major economies on Friday endorsed a "Common Framework" for treating debt of developing countries hit hard by the coronavirus pandemic, Japanese Finance Minister ... ( read original story ...)
Doordash files for IPO, reveals sales have soared during pandemic
Doordash filed to take itself public on Friday, setting the stage for a blockbuster IPO by the end of this year. The fast-growing food-delivery giant, which in just seven years has become the ... ( read original story ...)
Nouriel Roubini—Crypto’s Fiercest Critic—Has Admitted Bitcoin Could Be A ‘Store Of Value’ As Price Suddenly Soars
Economist Nouriel Roubini, one of crypto's fiercest critics, has said bitcoin is "maybe a partial store of value"—rowing back on previous comments where he's said bitcoin's headed for ... ( read original story ...)
Japan plans tax breaks, fund to support zero-carbon goal: Nikkei
Japan plans to introduce tax incentives and create a research fund to support so-called green investment, as the government pushes to meet a target of carbon-neutrality announced earlier this month, ... ( read original story ...)
Largest Crypto Exchange’s CEO Speaks Out on Regulation, Trends
Once again, cryptocurrencies have vaulted into the limelight. Prices are surging and interest is spiking, with everyone from PayPal to Fidelity to JPMorgan is showing greater interest. ( read original story ...)
Need a holiday? Crypto firm’s new partnership could save you money
Want to pay less for hotels so you’ve got more money for cocktails on the beach? A crypto start up says its digital currency is now supported by a cut-price travel site. Once the coronavirus ... ( read original story ...)