Billions of dollars have been stolen through hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain. ( read original story ...)
Tencent’s Sales Top Estimates in Sign the Gaming Boom Persists
Tencent Holdings Ltd.’s revenue rose a better-than-expected 29%, riding a pandemic-era gaming boom that’s persisted in defiance of an economic downturn. ( read original story ...)
Japan to offer subsidies to spur regional bank mergers – Nikkei
Japan will create a scheme next year that offers subsidies to regional banks that merge or consolidate, the Nikkei newspaper reported, underscoring premier Yoshihide Suga's resolve to boost the ailing ... ( read original story ...)
Nikkei closes near 29-1/2-year high; vaccine caution weighs
Japan's Nikkei share average closed near a 29-1/2-year high on Thursday as technology shares tracked their U.S. peers higher, although gains were checked by profit-booking following a rally fuelled by ... ( read original story ...)
Japan to offer subsidies for regional lenders that merge, consolidate – Nikkei
Japan's government will create a scheme next year that offers subsidies to regional lenders that merge or consolidate to boost their financial standing, the Nikkei newspaper reported on Thursday. ( read original story ...)
What the Council on Economic and Fiscal Policy brings to Suga’s table
Osaka – Of all the governmental policy-making bodies in Japan, one of the most important and influential today is the Council on Economic and Fiscal Policy. Reporting directly to the prime minister, ... ( read original story ...)
Should you invest in Japan after Abe’s resignation?
While his successor Yoshihide Suga, also of Japan's Liberal Democratic Party, has stated his premiership will focus on continuing the policies and goals of the Abe administration, September's figures ... ( read original story ...)
Japan’s Fujitsu, Mizuho, PeptiDream to Form Joint Venture to Develop COVID-19 Treatments
Fujitsu Ltd, Mizuho Financial Group Inc, and drugmaker PeptiDream Inc said on Thursday they are forming a joint venture to develop treatments for COVID-19. The new company, to be called PeptiAID Inc, ... ( read original story ...)
Nikkei hits near 29-1/2-year peak as tech shares track Wall Street peers higher
Japan's Nikkei share average hit a near 29-1/2-year high on Thursday, as tech shares gained after their U.S. peers drove the Nasdaq higher overnight, while some profit-booking after a rally on ... ( read original story ...)
Goldman, Nomura See Nikkei Rallying More After Crossing 25,000
The pandemic has done what seven years of Abenomics could not: push Japan’s Nikkei 225 benchmark above the 25,000 mark for the first time since 1991. Now, some prominent market watchers predict the ... ( read original story ...)
Japan Stocks Set to Trade Higher as Tech Bounces Overnight on Wall Street
Stocks in Japan were set to trade higher following an overnight bounce for tech stocks on Wall Street as a recent rotation into cyclicals paused. ( read original story ...)
Coinbase And Gemini Weigh In On The Business Of Crypto Custody
In order to build trust in crypto markets it is important for crypto custodians to be properly regulated under appropriate regulatory frameworks, including as a New York Department of Finance licensed ... ( read original story ...)
Japanese stocks catch global investors’ eyes
Japan's traditionally overlooked stock market is winning new fans as global investors use the promise of a coronavirus vaccine and a new U.S. administration to hunt for more fairly valued, ... ( read original story ...)
Bitcoin Has Been On A Bull Run – What Does This Mean For The Future Of Crypto?
Following the bursting of the bitcoin price bubble at the end of 2017, the blockchain and cryptoasset sector organically developed several alternatives to the truly decentralized and distributed ... ( read original story ...)
Crypto Capital’s Owner Has His Attorneys Opt Out Of Representing Him
Reggie Fowler stands as the accused operator of Crypto Capital, a now-notorious shadow-bank within the crypto space. The man has now seen the attorneys representing him file a motion to withdraw from ... ( read original story ...)
Japan’s bank lending slows amid uneven corporate recovery
Japanese bank lending rose at a slower annual pace in October than the previous month as some big firms began paying back loans, a sign corporate funding strains triggered by the coronavirus pandemic ... ( read original story ...)