Tokyo shares rose Tuesday, as technology and export issues gained a boost from a weaker yen and solid U.S. stocks overnight. ( read original story ...)
Chinese ride-hailing giant Didi planning IPO as Tesla rival Xpeng raises $500M
Chinese ride-hailing giant and Uber Technologies Inc. rival Didi Chuxing Technology Co. is planning an initial public offering while emerging Tesla Inc. rival Guangzhou Xiaopeng Motors Technology Co. ( read original story ...)
Bitcoin And Other ‘Crypto-Assets” Excluded From Central Bank Experiments
The future of money could in part be determined by a series of newly revealed experiments being conducted by the Banque de France with help from eight blockchain leaders. ( read original story ...)
KBS delays plant, but still keen on IPO
SET-listed Khonburi Sugar (KBS) is delaying the commercial operation of its new biomass-fired power plant in Nakhon Ratchasima because of the impact of the pandemic, but plans to launch a ... ( read original story ...)
Japan Bond Market Braces for Test of Demand With 20-Year Auction
(Bloomberg) -- Japan plans to sell 1.2 trillion yen ($11.2 billion) of 20-year bonds at an auction Tuesday that is shaping up as another key test of demand for super-long debt.While buyer appetite at ... ( read original story ...)
Japan’s core consumer prices flat, deflation risks remain
TOKYO (Reuters) - Japan's core consumer prices snapped two straight months of declines in June but risks remain for a prolonged economic slump from the coronavirus crisis, which has depressed ... ( read original story ...)
Jack Ma’s Ant seeks $200bn value in landmark dual IPO
Signs for Ant Financial Services Group’s Alipay are displayed at a shop in Tokyo. Ant Group is seeking a valuation of ... a Hong Kong-based managing director and head of IPO at consultancy Tricor ... ( read original story ...)
Breakingviews – Corona Capital: Uber, Tokyo Olympics
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story ...)
The Bank of Japan is in no rush to issue a central bank digital currency, says Nomura Research Institute’s Kodai Sato
In a recent webinar Kodai Sato, a senior researcher at Nomura Research Institute in Japan, contended that financial inclusion is not the top priority of Japan currently while it may be so for other ... ( read original story ...)
High-profile Twitter accounts hacked for crypto scam
The verified accounts for Gates, Musk and Apple issued tweets promoting a cryptocurrency scam, asking followers to send money to a blockchain address. ( read original story ...)
Is Crypto Fintech? It Depends Who You Ask
This comes across as a fairly benign question to most people. If fintech is simply a term describing a range of financial technologies, and crypto is a financial technology, among other things, then ... ( read original story ...)
Viasat-Cyber1st JV Boosts UK Security With Crypto Solutions
Viasat, Inc. VSAT recently announced that its U.K. counterpart joined forces with a leading cybersecurity solutions provider — Cyber1st — to reinforce crypto capabilities and deploy reliable ... ( read original story ...)
Japan’s central bank sets up new team to research digital currencies
The Bank of Japan (BOJ), the country's central bank, has set up a new dedicated team to further study digital currencies.The post Japan's central bank sets up new team to research digital currencies ... ( read original story ...)
Mastercard Accelerates Crypto Card Partner Program, Making it Easier for Consumers to Hold and Activate Cryptocurrencies
Aiding adoption and creating innovative experiences in the crypto space, Mastercard today announced the expansion of its cryptocurrency program, making it simpler and faster for partners to bring ... ( read original story ...)
Japan June exports slump 26.2% year/year – MOF
Japan’s exports plunged 26.2% in June from a year earlier, Ministry of Finance (MOF) data showed on Monday. The fall compared with a 24.9% decline expected by economists in a Reuters poll. It followed ... ( read original story ...)
Japan’s Export Slump Drags on Even as Markets Reopen
The value of Japan’s overall shipments overseas slid 26.2% from a year earlier, the finance ministry reported Monday. Economists forecast a 24.7% fall. “Looking ahead, exports are likely to continue ... ( read original story ...)