Japanese robo-advisor WealthNavi Inc. debuted on the Tokyo Stock Exchange on Tuesday in one of the biggest initial public offerings on the bourse this year. The wealth management platform jumped about ... ( read original story ...)
Pros and cons of a Six Eyes with Japan and allies
Some people are arguing that Japan should join the Five Eyes, an intelligence alliance comprising five English-speaking Anglo-Saxon countries, including the U.S. and the U.K., that share confidential ... ( read original story ...)
Tokyo Olympics to spend $900 million on coronavirus measures – budget
Organisers of the Tokyo Olympics will spend $900 million on measures to stop the spread of the coronavirus at next year's Games, they said on Tuesday, as they unveiled their latest budget for the ... ( read original story ...)
Concern as Japan’s fiscal discipline further loosened with record budgets
"It's a waste of money to take consumption-stimulating steps through extra budgets at a time when we have yet to contain the spread of the virus," one economist said. ( read original story ...)
Bitcoin’s Gains Don’t Seem ‘So Wild’ Compared to Stocks Like Tesla, Crypto Strategist Says
Tesla’s shares have soared more than 676% so far in 2020. Meanwhile, bitcoin has risen about 220% as of midnight EST Tuesday, according to Coin Metrics. ( read original story ...)
Nikkei hits 3-week low as new virus strain damps recovery hopes
Japanese shares plumbed three-week lows on Tuesday, as investors took profits from stellar gains over the past couple of months on concerns that a fast-spreading new coronavirus strain found in ... ( read original story ...)
Ripple says it will be sued by the SEC, in what the company calls a parting shot at the crypto industry
Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission is poised to file a bombshell lawsuit against the company ... ( read original story ...)
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
Japan's finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with ... ( read original story ...)
SoftBank Just Filed for a $525 Million SPAC IPO. Here’s Why.
SoftBank’s vehicle, called SVF Investment, plans to target companies in a similar mold to its Vision Fund venture capital behemoth. ( read original story ...)
Tokyo’s Nikkei share average opens down 0.58 pct
Japan's benchmark Nikkei average opened down 0.58 percent at 26,559.33 on Tuesday, while the broader Topix shed 0.82 percent at 1,774.43. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)
Japan Stocks Set to Trade Lower; Australia Retail Sales Data Ahead
The discovery of an infectious new Covid strain in the U.K. that has prompted tighter lockdowns and travel restrictions across Europe. ( read original story ...)
Tokyo Stock Exchange Is Set for One of Its Biggest IPOs of the Year
Japanese robo-advisor WealthNavi Inc. is set to debut on the Tokyo Stock Exchange Tuesday in one of the biggest initial public offerings on the bourse this year. ( read original story ...)
GB sevens team get green light for Tokyo Games
Great Britain have been given the green light to compete in the Olympic rugby sevens tournaments next year after the government helped to arrange £2 million of funding from the National Lottery.The ... ( read original story ...)
Total crypto fund inflows top $5 billion this year, up more than 600% – report
Total investor inflows into cryptocurrency funds and products hit $5.6 billion so far this year, up more than 600% from 2019, according to the latest data from asset manager CoinShares. The inflows ... ( read original story ...)
Hackers Steal Thousands of Customer Emails From Popular Crypto Wallet
Hackers have released over 270,000 email addresses associated with customers of the cryptocurrency wallet Ledger. The leak, which allegedly stemmed from a company hack last July, appears to contain ... ( read original story ...)
Elon Musk inquired on Twitter about ‘large’ bitcoin transactions after a crypto booster suggested he convert Tesla’s balance sheet
Elon Musk suggested on Twitter that he's tempted by bitcoin, then crypto booster Michael Saylor recommended he convert Tesla's entire balance sheet. ( read original story ...)