What makes PayPal's announcement bigger than the onslaught of other major names that entered the crypto space recently is the instant accessibility to a large, active retail consumer and merchant user ... ( read original story ...)
UBS: Crypto Has Fundamental Flaw, Bitcoin’s Fixed Supply Could Cause Its Value to Collapse
A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin's fixed supply could cause the collapse of its value and spending power, making it ... ( read original story ...)
Will India Really Ban Crypto? Experts Say It’s Unlikely
But can the Indian government–or any government, for that matter–really ban all non-government cryptocurrencies? According to Kumar Guarav, the founder and chief executive of Cashaa, doesn’t think so. ( read original story ...)
Swiss Crypto Broker Targets Large Investors as Demand Jumps
Crypto Broker AG received a securities house license from Swiss financial regulator Finma that will allow the company to offer services to more institutional investors. ( read original story ...)
Airtasker IPO will test a ‘GameStopped’ ASX
The first big IPOs of the year are always a test for market sentiment. The proposed float of online jobs board Airtasker is no different. ( read original story ...)
Japanese shares end higher as upbeat earnings forecasts aid sentiment
Japanese shares closed higher on Monday, after two straight sessions of declines, as upbeat earnings forecasts and gains in beaten-down chipmakers lifted sentiment. ( read original story ...)
Japan expected to extend Covid-19 state of emergency
A Nikkei newspaper poll showed 90% of respondents favoured extending the emergency period in areas where it is implemented ... ( read original story ...)
Japan’s Shinkin Central Bank sets up 1st Asia subsidiary in Singapore
Shinkin Central Bank, the central institution for credit associations in Japan, has decided to set up a wholly owned subsidiary in Singapore this month, its first local arm in Asia. Shinkin Singapore ... ( read original story ...)
Bank of England to Stir Debate Over U.K. Negative Interest Rates
The Bank of England is preparing to take a significant step into the debate on whether negative interest rates should be used to stimulate the coronavirus-stricken U.K. economy. ( read original story ...)
Japanese shares gain on upbeat profit forecasts, tech boost
Japanese shares rose on Monday, after two straight sessions of declines, boosted by upbeat earnings forecasts and gains in beaten-down chipmakers and other technology companies. ( read original story ...)
Japan Considers Extension of Covid Emergency as Economy Sputters
Japanese Prime Minister Yoshihide Suga looks set to extend a state of emergency this week for major metropolitan areas that will inflict more pain on the economy as he tries to contain the current ... ( read original story ...)
Japan Finance Minister Aso, U.S. Treasury Yellen to hold phone talks Monday: Kyodo
Japanese Finance Minister Taro Aso and U.S. Treasury Secretary Janet Yellen will hold phone talks for the first time on Feb. 1, Kyodo news agency reported on Monday. ( read original story ...)
Japan finmin Aso, US Treasury Yellen to hold phone talks Monday -Kyodo
Japanese Finance Minister Taro Aso and U.S. Treasury Secretary Janet Yellen will hold phone talks for the first time on Feb. 1, Kyodo news agency reported on Monday. ( read original story ...)
Japan’s Aso, U.S. Treasury head Yellen to hold first phone discussion – source
A so, Yellen to hold phone talk Monday - govt source. Aso had said Japan, U.S. eye-to-eye on key economic issues. Japan policymakers keen to know Yellen's FX policy. Recasts with ... ( read original story ...)
Glitzy High-Rise Offices Lose Luster as Japan Works at Home
Japan’s decades-long love affair with status-symbol office towers is now fading, as the pandemic upends work styles and puts a strain on company finances. ( read original story ...)
Japan stocks set for mixed start; China says its manufacturing activity growth slowed in January
China's manufacturing activity growth in January slowed as compared to the previous month, according to official data released over the weekend. ( read original story ...)