The Amazon logo is pictured outside the company's JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid. ( read original story ...)
Crypto industry must keep scammers from stealing another $16 billion
Scams not only hurt the defrauded investors but taint credible, worthwhile projects as well. If unchecked, these kinds of scams can hold back the crypto industry from moving forward. ( read original story ...)
Why Crypto Markets Aren’t ‘All-to-All’ Either (and How They Can Be)
GameStop-Robinhood revealed inequalities in the retail equity trading system. Can crypto markets do better? They must. ( read original story ...)
Japan Finance Corporation — Moody’s announces completion of a periodic review of ratings of Japan Finance Corporation
Moody's announces completion of a periodic review of ratings of Japan Finance CorporationRead the full article ... ( read original story ...)
These Two Firms Want to Upgrade Crypto Infrastructure for Banks and Exchanges
Custody tech provider METACO and forex trading platform Cobalt have teamed up in a bid to rewire the financial system to handle crypto. ( read original story ...)
Should greater cooperation with Japan give investors confidence in China tech stocks?
New additions are coming to Japan and China’s ETF connectivity scheme in the spring, providing exposure to the nations’ tech sectors. ( read original story ...)
Market extends Budget rally; Sensex soars 1200 pts, Nifty over 14600
As per the provisional closing data, the barometer index, the S&P BSE Sensex, soared 1,197.11 points or 2.46% at 49,797.17. The Nifty 50 index surged 367.8 points or 2.58% at 14,649.80. ( read original story ...)
Japan’s SMFG third-quarter net profit drops 8.4% on credit-related costs
Japan's second-largest lender by assets, reported a 8.4% drop in third-quarter net profit on Tuesday primarily due to an increase in credit-related costs. ( read original story ...)
Japan shares gain as optimism around corporate earnings grows
Japanese stocks ended higher for a second consecutive session on Tuesday, recovering from last week's sharp sell-off, as growing optimism around domestic and U.S. corporate earnings boosted sentiment. ( read original story ...)
RPA startup UiPath raises $750 million
Robotic process automation startup UiPath has raised $750 million in a series F round valuing the company at $35 billion. ( read original story ...)
Japan stocks rise for second day as focus shifts to earnings reports
Japanese shares extended gains for a second consecutive session on Tuesday, recovering from last week's sharp sell-off, while growing optimism about corporate earnings both domestically and in the ... ( read original story ...)
U.S. and Japan finance chiefs vow to cooperate closely amid pandemic
Taro Aso and Janet Yellen also discussed policies related to China, noting the importance of holding close discussions among Group of Seven nations on the matter. ( read original story ...)
Steven Seagal, a Missing Private Eye, and an Alleged Crypto Fraud
Private detective John DeMarr allegedly staged his own disappearance after making millions off a cryptocurrency endorsed by martial artist Steven Seagal. ( read original story ...)
Malaysia 2nd most active IPO market in Asean in 2020
Initial public offerings (IPOs) in Asia-Pacific markets remained stronger in 2020, with industrial leading the sectors followed by technology and materials, while among the Asean countries, Malaysia ... ( read original story ...)
Japan stocks poised to trade higher as the country reportedly prepares to extend state of emergency
The Reserve Bank of Australia is expected to announce its interest rate decision at around 11:30 a.m. HK/SIN on Tuesday. ( read original story ...)
BOE Likely to Embrace Negative Interest Without Using Them
Economists expect the BOE to embrace negative rates as a tool but stop short of implementing them for now. “I don’t think they will tell the market negative rates are imminent,” said Elizabeth Martins ... ( read original story ...)