USD/JPY remains strong following welcome GDP figures at home. Japan’s preliminary Q4 GDP came in better than forecast 2.3% QoQ. Risks remain positive amid hopes of US stimulus, global vaccine drive. ( read original story ...)
Self-proclaimed crypto skeptic Max Levchin says Affirm may have to consider cryptocurrencies if Bitcoin’s popularity continues to grow
Affirm, the buy now, pay later fintech, reported its first quarterly earnings on Friday after its January IPO. ( read original story ...)
Naomi Osaka survives Gabby Muguruza scare
Naomi Osaka saved two match points as she battled back from the brink to reach the quarter-finals of the Australian Open with a (4-6, 6-4, 7-5) victory over in-form Garbine Muguruza on ... ( read original story ...)
Japan sake industry tackles rice surplus as COVID hits demand
Japan's sake industry is taking on the problem of a surplus of rice specially grown for making the fermented alcoholic beverage as the coronavirus pandemic causes a sharp drop in demand for the drink ... ( read original story ...)
Pandemic sparks transformation in Japan’s retail marketing
The number of products in Japan's supermarkets is decreasing. Nikkei analyzed the data of Nikkei POS, a database of retail prices and sold volumes at stores in Japan, and learned that in 2020, the ... ( read original story ...)
Clear crypto rules urgently needed as major companies embrace asset – SEC official
A clear cryptocurrency regulatory regime is urgently needed as major companies like Tesla Inc, BNY Mellon Corp and Mastercard Inc embrace the alternative asset class, a top Securities and Exchange ... ( read original story ...)
Half of Japan’s regional banks see profit loss or incur red ink
More than half of 78 listed Japanese regional banking groups and banks saw a decline in their net profits or incurred red ink in the April-December period, hit by the coronavirus pandemic, an analysis ... ( read original story ...)
Tokyo stocks likely to be top-heavy next week, keeping Nikkei from topping 30,000 mark
The market enjoyed a bull run on positive developments regarding U.S. President Joe Biden's $1.9 trillion coronavirus stimulus package and rosy earnings announcements by Japanese firms. ( read original story ...)
Coronavirus: G7 finance chiefs highlight need to support pandemic-hit economies
The teleconference among the G7 finance ministers and central bank governors was the first since the new administration of US President Joe Biden. ( read original story ...)
Dark Web Site Selling Stolen Credit Cards and IDs for Crypto Closes After Netting more than $1 Billion
Investigators said the "Joker's Stash" marketplace, which dealt in stolen credit cards, log-ins and identity information which it sold for cryptocurrency, pocketed at least $1 billion, Reuters ... ( read original story ...)
Non-Fungible-Token Market Booms As Big Names Join Crypto’s Newest Craze
Beyond cryptocurrency and altcoins, opportunities also abound in the form of Non-Fungible Tokens (NFTs) - provably scarce digital assets representing a range of commodities such as artwork, gaming ... ( read original story ...)
Crypto-advocate Andrew Yang plans to transform New York City into a Bitcoin hub if he’s elected mayor
His tweet caught the ire of some, with one blasting Bitcoin as a "pyramid scheme" and another saying a stable society requires a stable currency. ( read original story ...)
Darknet crypto kingpin JokerStash retires after illicit $1 billion run: research
The kingpin or kingpins of the world's biggest illicit credit card marketplace have retired after making an estimated fortune of over $1 billion in cryptocurrency, according to research by blockchain ... ( read original story ...)
Bitcoin hits record on BNY Mellon crypto move
Business Bitcoin hits record on BNY Mellon crypto move. Posted . Bitcoin has hit fresh all-time highs after BNY Mellon said it formed a new unit to help clients hold, transfer and ... ( read original story ...)
Miami Pushes Crypto With Proposal to Pay Workers in Bitcoin
Miami Mayor Francis Suarez proposed paying municipal workers and collecting taxes in Bitcoin, expanding a campaign to promote cryptocurrencies. ( read original story ...)
G-7 finance chiefs to gather online, antivirus steps on agenda
Finance chiefs from the Group of Seven industrialized economies will hold a teleconference Friday, with the agenda expected to includ ... ( read original story ...)