The benchmark Nikkei average advanced 0.65% to 22,266.23 by the midday break, clawing back from a 0.75% drop on Wednesday, with cyclical stocks leading the gains. Soichiro Matsumoto, chief investment ... ( read original story ...)
SoftBank-backed Lemonade raises $319 mln in IPO -source
Insurance startup Lemonade Inc , which is backed by SoftBank Group Corp , raised $329 million in its U.S. initial public offering, a person familiar with the matter said on Wednesday. Lemonade is the ... ( read original story ...)
Nikkei drops on gloomy BOJ tankan, COVID-19 concerns
Japanese shares ended lower on Wednesday as the Bank of Japan's quarterly corporate survey showed business mood dropped to the worst level in 11 years, while the continued spread of COVID-19 cases in ... ( read original story ...)
Countries eager for tourists, Tokyo Disneyland reopens
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and ... ( read original story ...)
The Latest: German finance chief says VAT cut ‘moral’ duty
Germany’s finance minister says businesses have a “moral obligation” to pass a temporary cut in value-added tax on to customers. ( read original story ...)
Crypto Custody Firm Curv Raises $23 Million In Series A
Curv, which provides a keyless digital asset custody solution to institutions, recently closed a $23 million round. Will this success help fuel greater institutional adoption of crypto? ( read original story ...)
SoftBank-backed Lemonade raises IPO price range
July 1 (Reuters) - SoftBank Group Corp-backed 9984.T insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. init ... ( read original story ...)
Insurance Startup Lemonade Increases Target Price Range for IPO
SoftBank Group Corp.-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking to raise ... ( read original story ...)
Japan’s SBI to buy minority stake in UK crypto market maker B2C2
A unit of Japanese financial conglomerate SBI Holdings has agreed to buy a minority stake in London-based cryptocurrency marketmaker B2C2 for $30 million, B2C2 said in a statement on ... ( read original story ...)
Japan shares dip as BOJ tankan saps risk appetite
Japanese shares inched lower on Wednesday as investor sentiment soured after the Bank of Japan's quarterly corporate survey showed the domestic business mood worsened to an 11-year low because of the ... ( read original story ...)
Japan Ruling Party Wants to Lure Hong Kong’s Finance Workers
Tokyo may have a chance to realize a long-held dream of becoming a global financial hub if it can attract people fleeing a Chinese clampdown on Hong Kong, according to a senior Japanese ruling party ... ( read original story ...)
Japan business confidence worst since 2009 crisis
Confidence among major Japanese manufacturers has plunged to its worst level since the global financial crisis, a key survey showed Wednesday, as the coronavirus dries up global demand. The Bank of ... ( read original story ...)
Japan looks to lure Hong Kong’s finance workers following security law
The LDP has begun debating ways to make Tokyo more attractive to international firms, but issues of taxation and the language barrier stand in the way. ( read original story ...)
BOJ’s Wakatabe says central banks must uphold strong commitment to price goal: Nikkei
Central banks must uphold their strong commitment to achieve their price goals to address both upside and downside risks to inflation from the coronavirus pandemic, Bank of Japan Deputy Governor ... ( read original story ...)
350,000 Aussie Crypto Users Are Receiving Tax Warning Letters
A large number of Australian taxpayers are receiving crypto tax warning letters from the Australian Taxation Office (ATO). ( read original story ...)
Crypto In Crisis? Lewis Cohen And Greg Strong Share Their Views On Recent Lawsuits
Crypto appears to be under attach with a spate of regulatory and civil proceedings. Could this spell the end for crypto as we know it? Experts Lewis Cohen and Greg Strong from blockchain and ... ( read original story ...)