But at that eventful Osaka summit, “Xi had explained to Trump why he was ... Martin found a “shift in favor of the sitting president.” PROGRAMMING NOTE: The Finance 202 will not publish Friday in ... ( read original story ...)
Finance: Hong Kong finds new ways to work
Street protests and a pandemic have forced Hong Kong’s bankers and investors to experiment with how they work and raise funds for clients – their innovations have been surprisingly successful and ... ( read original story ...)
Japanese government to offer brighter view on economy in June report -Nikkei newspaper
Japan's government will revise upward its economic assessment in June for the first time in over two years as damage from the novel coronavirus pandemic eases, the Nikkei newspaper reported on ... ( read original story ...)
Arrest of former Japanese minister could hasten PM Abe’s departure
The arrest of Prime Minister Shinzo Abe's former justice minister could be a devastating blow for the Japanese leader whose support is near record lows, raising the possibility of his departure before ... ( read original story ...)
Ex-Japanese minister and wife arrested in campaign finance scandal
Japanese prosecutors on Thursday arrested former justice minister Katsuyuki Kawai and his upper house lawmaker wife, Anri, over campaign finance issues, dealing a major blow to Prime Minister Shinzo ... ( read original story ...)
Crypto Startup School: How to build projects and keep them safe
Week five of a16z’s Crypto Startup School gets into the inner workings of crypto projects, with a focus on security and project development from the front lines. ( read original story ...)
Tax Court Wants A Taxpayer To Liquidate Crypto Assets To Pay Off Tax Debt
The tax court expects a 'whale' crypto user to liquidate crypto holdings to pay off tax debt and denies a payment plan. ( read original story ...)
Osaka Matsui Management Says Royalty Pharma Shares Jump 59% After Year’s Biggest U.S. IPO
Osaka Matsui Management say shares of Royalty Pharma rallied 59% on Tuesday in the biggest initial public offering in the U.S. this year. ( read original story ...)
Bitcoin Failed As Money, And That Is Great News For Crypto
The original use case for bitcoin might have fallen flat, but the innovation it unleashed continues to push blockchain implementation forward. ( read original story ...)
Japan’s tax revenue for FY2019 to fall below 60 trln yen – Nikkei
Japan's tax revenue for the fiscal year that ended in March 2020 will fall below 60 trillion yen ($559.02 billion) due to the novel coronavirus, Nikkei business daily reported on Wednesday. ( read original story ...)
Bank of Japan boosts its coronavirus stimulus plan to more than $1 trillion amid ‘extremely severe’ economic crash
The Bank of Japan increased its COVID-19 stimulus from 75 trillion yen ($700 billion) to 110 trillion yen ($1.02 trillion) on Tuesday. ( read original story ...)
Tokyo shares end lower on auto export slump, geopolitical tensions
Japanese stocks ended lower on Wednesday as automakers dragged following weak export data, while escalating tensions between North Korea and South Korea also doused the market sentiment. The benchmark ... ( read original story ...)
China Reveals East Asia Crypto Scheme To Rival Bitcoin, Facebook’s Libra And The U.S. Dollar
An influential group in China has revealed plans for an East Asia cryptocurrency scheme that could see a basket of currencies combined to take on bitcoin, Facebook's libra and even the U.S. ( read original story ...)
SK Biopharm highlights drugs pipeline ahead of planned $800m IPO
South Korean drugmaker SK Biopharmaceuticals started the run-in to its $800 million initial public offering by offering more details of its development pipeline, saying it would begin clinical trials ... ( read original story ...)
Aso rules out new probe into scandal, despite widow’s plea
Finance Minister Taro Aso again ruled out a new investigation into a document falsification scandal involving his ministry that led to the suicide of one of its officials, despite ... ( read original story ...)
Nikkei eases on auto export slump, geopolitical tensions
Japanese shares fell on Wednesday as automakers dragged on weak export data, while escalating tensions between North Korea and South Korea also doused the market sentiment. ( read original story ...)