The firm is expecting a net loss of ¥1 billion this fiscal year, but co-founder Ryota Hayashi says he’s in no rush to generate profit, though added it could do so quickly if required. ( read original story ...)
Japan’s Nikkei 225 gains 45 points on lacklustre day in Asia
In Japan, the Nikkei 225 advanced 44.62 points or 0.16 percent to 28,562.21. The Australian All Ordinaries strengthened 15.90 points or 0.21 percent to 7,682.60. SYDNEY, NSW, Australia - Stocks in ... ( read original story ...)
Fintech Startup Finatext Has Worst Tokyo Debut in Two Decades
Finatext Holdings Ltd., a Japanese fintech startup that provides stock trading apps and brokerage infrastructure, slumped on its first day of trading in Tokyo, with shares falling 35% below the issue ... ( read original story ...)
Japan Plans Record Annual Budget for Election Year
Japan is set to unveil another record annual budget this week as Prime Minister Fumio Kishida adds to the world’s heaviest debt load with more spending ahead of an election next summer.Most Read from ... ( read original story ...)
Crypto’s Wild 2021 Will Go Down as One for the Ages
Elon Musk, Shiba Inu, El Salvador and a $69.3 million NFT all played a part in a singular year for the industry. Here are 11 key moments. ( read original story ...)
Lakers’ Staples Center sign taken down, new crypto logo goes up
Workers remove the Staples Center signage from Los Angeles Lakers' famed home and install the Cyrpto.com Arena logo on Tuesday. As of Christmas Day, the venue will be known as the Crypto.com Arena, in ... ( read original story ...)
China’s State Media Xinhua to Issue NFTs Amid Crypto Crackdown
China’s official Xinhua News Agency is planning to issue news collectibles based on technology used in non-fungible tokens even as policy makers in Beijing have largely banned all crypto-related ... ( read original story ...)
Japan set to compile biggest-ever budget for FY2022 -Nikkei
Japan's government is set to compile an annual budget for the next fiscal year from April totalling around 107.6 trillion yen (US$942.8 billion), the Nikkei financial daily reported on Thursday ... ( read original story ...)
Bank of Japan members saw need to keep monetary easing despite costs: minutes
Some Bank of Japan board members said inflationary pressure remained weak despite higher input costs and a weak yen, and that monetar ... ( read original story ...)
Japanese shares lack direction as Toyota, retailers negate tech gains
Japanese shares struggled for direction on Wednesday, as a rally in chip and other tech-related stocks following a strong Wall Street session overnight offset weakness in Toyota and its group ... ( read original story ...)
Morgan Stanley Japan Investment Banking Head Nakamura to Retire
A Morgan Stanley veteran who has led the U.S. bank’s highly-ranked merger advisory team in Japan for more than a decade is retiring. ( read original story ...)
Some BOJ Board Members See Positive Impact on Japan’s Economy From Weak Yen
Some members of the Bank of Japan's (BOJ) policy board said in October the yen's weakening would have a positive effect on the Japanese economy as a whole even though its impact on boosting exports ... ( read original story ...)
‘Crypto lobby groups are dictating terms in Washington’
Lobbyists are talking and lobbying with hundreds of millions of dollars in Washington DC in an effort to dictate favourable regulatory terms,' economist and former adviser to Regan administration ... ( read original story ...)
Another Crypto All-Time High in 2021: Regulatory Handwringing
U.S. Congress is on vacation, and we very likely won’t have a Christmas Eve President’s Working Group statement again. There are certainly efforts being made to get there, but by and large this year ... ( read original story ...)
Crypto for Christmas: Last-minute gifts just got a little more eccentric
Against a backdrop of persistent economic uncertainty, rising inflation and global supply chain issues, what if you could find a last-minute holiday gift that's highly available and easy to give? And ... ( read original story ...)
Why the Nikkei uptrend looks set to resume
The Nikkei is an indirect beneficiary of policy easing in China and central bank policy divergence. Specifically, while some developed market central banks, including the Federal Reserve and Bank of ... ( read original story ...)