The Bank of Japan under Gov. Haruhiko Kuroda scored after boosting investments at the stock-market bottom, but some have started saying he shouldn’t play the market so much. ( read original story ...)
Pandemic and internet banking push Japan’s banks to revamp their branches
Withdrawing or transferring cash through a bank teller could completely disappear in Japan within a few years as banks revamp branches to adapt to the digital age. ( read original story ...)
Crypto Boom Shaken as Bitcoin Plunges Along With Other Coins
Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. ( read original story ...)
Crypto crash: After nearing record, Bitcoin plunges
Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. Bitcoin slumped as much as 8.7%, the most since early ... ( read original story ...)
Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges. ( read original story ...)
Analysis: With New Bank Aid, BOJ Makes Stealthy Retreat From Negative Rates
Short-term rates may creep up if the banks tap markets for funds that they then shift to BOJ deposits to earn 0.1% interest. That would complicate the BOJ's efforts to meet its -0 ... ( read original story ...)
Japan’s stocks are on a tear and could rise another 14%, says Nikko strategist
Nikko Asset Management's John Vail said the Nikkei 225 is set to trade even higher in 2021, after already gaining more than 11% so far this year. ( read original story ...)
Japan’s export credit agency to lend $2 billion to Nissan for U.S. sales financing
Japan's state-owned export credit agency has agreed to give Nissan Motor Co up to $2 billion as part of a credit agreement to help it finance car sales in the United States. ( read original story ...)
Bond Investors Wait for Japan to Break Silence Over New Budget
As coronavirus infections in Japan spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget. ( read original story ...)
Bitcoin could soar to $100,000 by the end of next year as demand rapidly exceeds supply, a crypto investor says
Anthony Pompliano told CNBC that Janet Yellen was "notorious" for tolerating higher inflation and that her nomination could push Bitcoin higher. ( read original story ...)
Japan to give tax breaks for long-term foreign residents to attract financial experts
Japan plans to implement tax incentives for long-term foreign residents as part of efforts to turn the country into a major international financial hub, government sources said Wednesday. Under the ... ( read original story ...)
Bitcoin could soar to $100,000 by the end of next year as supply rapidly exceeds demand, says a crypto investor
Anthony Pompliano told CNBC Janet Yellen is "notorious" for tolerating higher levels of inflation and her nomination could push bitcoin higher. ( read original story ...)
Ethereum Upgrade Adds to Crypto Mania Sparked by Bitcoin’s Surge
An upcoming upgrade for Ethereum, the most-actively used blockchain in the world, is adding to the mania around cryptocurrencies sparked by the jump in Bitcoin. ( read original story ...)
JD Unit Seeks up to $3.5 Billion in Asia’s Biggest Health IPO
JD Health International Inc. is looking to raise as much as $3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest health-care listing on record. ( read original story ...)
China Firm Seeks Shot Approval; Tokyo Restaurants: Virus Update
A leading Chinese vaccine developer applied to bring its shot to the market, seeking to get a jump on Western rivals as the race for a working inoculation against the pandemic enters the final stretch ... ( read original story ...)
Japan’s Nikkei Up Nearly 2% as Asia-Pacific Shares Mostly Rise After Dow Surges to a New Record
In Japan, the Nikkei 225 jumped 1.87% while the Topix index gained 1.47%. The Hang Seng index in Hong Kong also saw robust gains as it advanced 1.37%. South Korea's Kospi advanced 0.58%. Over in ... ( read original story ...)