Japan’s cabinet approved a record budget for next fiscal year, less than a week after approving a third extra budget as Prime Minister Yoshihide Suga’s government looks to shore up the economy and ... ( read original story ...)
JPMorgan Says Flows to Into Major Crypto Fund Are Key to Bitcoin’s Outlook
The odds of a Bitcoin correction would increase if the flows into the world’s largest traded cryptocurrency fund slow significantly, according to strategists at JPMorgan Chase & Co. ( read original story ...)
Crypto Should Avoid Having Reg Future Shaped By Others
Although some results from the 2020 elections ended up as predicted, many did not. Even with some fresh faces in Washington, a divided Congress would mean that sweeping legislative changes are ... ( read original story ...)
SoftBank To File For First SPAC IPO Today, Seeking To Raise Up To $600M: Axios
SoftBank Group Corp. (OTC: SFTBY) will be filing for an initial public offering of its first special purpose acquisition company on Monday, Axios reports. What Happened: The ... ( read original story ...)
Japan shares fall from 29-1/2-year peak on renewed virus concern
Japanese shares closed lower on Monday, slipping from a 29-1/2-year high hit earlier in the session, as concerns about a spike in domestic coronavirus cases and the emergence of a new strain of the ... ( read original story ...)
Japan’s Market Falls Amid Virus Strain Concerns
Pound sterling is significantly down across Asia markets on Monday, seemingly due to growing concerns about a new COVID-19 variant and tighter restrictions imposed in Britain. Shares started the week ... ( read original story ...)
SoftBank to apply for IPO of blank-check acquisition vehicle in US
The Japanese conglomerate is expected to raise tens of billions of yen. It is currently unclear which company SBG is looking to purchase but it appears to not be any of the group's existing ... ( read original story ...)
SoftBank prepares to file for SPAC IPO on Monday – Axios
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato REUTERS: SoftBank's Vision Fund is preparing to raise ... ( read original story ...)
Crypto Long & Short: Bitcoin Is More Than a Hedge Against Inflation – It’s a Hedge Against ‘Crazy’
Bitcoin is often a hedge against inflation, but it's also a safety play for a world where old ideas about economics are up in the air. ( read original story ...)
Japan stocks set for mixed start; China’s benchmark lending rate release ahead
The coronavirus situation in parts of North Asia such as Japan and South Korea remains severe and could weigh on investor sentiment. ( read original story ...)
Japanese intervention to protect USD/ JPY above psychological 100
"Make sure the yen-dollar exchange rate does not cross the 100 yen mark." Central bank intervention is a dangerous path to tread, just ask the Bank of England, for the market is far larger than any ... ( read original story ...)
Toshiba Again Seeks Acquisitions After String of Deal Flops
Toshiba Corp., chastened by a string of disastrous overseas acquisitions, is once again looking to buy. This time more cautiously and closer to home in Japan. ( read original story ...)
Who did the most for real-world crypto and blockchain adoption in 2020?
So, as much as speculation points to institutional investors as the reason for Bitcoin’s meteoric recovery, the data suggests that general adoption is on the rise. This leads to a question: Which ... ( read original story ...)
China can lead, and Japan and South Korea can follow, in cutting coal finance in Southeast Asia
The world’s three biggest public financiers of coal can target Southeast Asia’s renewable energy market, worth up to US$205 billion over the next 10 years. China can show by example that climate ... ( read original story ...)
Wall Street’s Call for Yen at 100 Catches On at Japan Banks
Wall Street and Japan’s largest banks are starting to see eye to eye on the yen’s outlook, saying its advance could break the barrier of 100 per dollar next year. ( read original story ...)
Job hoppers decline in Japan amid pandemic-hit economy
The number of people seeking a career change is decreasing in Japan as the pandemic hits the economy. The coronavirus has led to job losses in the food service industry, and although growing sectors ... ( read original story ...)