Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T reported on Friday a 34% drop in its half-year net profit due to a rise in credit-related costs amid the COVID-19 pandemic. Net profit in ... ( read original story ...)
Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US
Paypal announced “all eligible Paypal account holders in the U.S. can now buy, hold and sell cryptocurrency directly with Paypal.” ... ( read original story ...)
Nikkei snaps eight-day winning streak as COVID-19 cases surge
Japan's Nikkei share average ended lower on Friday, snapping eight consecutive sessions of gains, as investor sentiment was knocked by concerns around resurging new cases of the novel coronavirus both ... ( read original story ...)
Japan’s Exports, Consumer Prices to Extend Declines: Poll
Japan's exports likely extended declines in October but at a slower pace as improving global demand helped some parts of the trade sector, data next week is expected to show, although a recent ... ( read original story ...)
Japan’s Shimachu accepts Nitori’s $2 billion buyout bid over rival’s, Nikkei says
Japanese home improvement retailer Shimachu Co will accept a $2 billion buyout bid by furniture chain Nitori Holdings Co , the Nikkei reported on Friday, rejecting an earlier agreed ... ( read original story ...)
Foreigners Return to Japan Stocks, Buy Most in More Than a Year
Overseas investors bought 1.1 trillion yen ($10.4 billion) worth of Japanese equities in cash and futures contracts in the week ended Nov. 6, the most since October last year, according to data from ... ( read original story ...)
Japan’s Economy Seen Clawing Back Half of Pandemic Losses
(Bloomberg) -- Japan’s sharp economic rebound in the last quarter likely recovered only around half the growth lost during the pandemic, official data is expected to show Monday, with weak business ... ( read original story ...)
Bitcoin climbs above $16,000 to its highest level since January 2018 as crypto rally pushes forward
Though the cryptocurrency has broken several resistance levels in recent weeks, it's far from its record high of $19,665 ... ( read original story ...)
BitPay Enables Businesses to Pay Out with Crypto Using BitPay Send
BitPay Send is a new mass payout service that enables organizations to pay employees, affiliates, customers, vendors, contractors with cryptocurrency. ( read original story ...)
2 Stocks to Ride the Crypto Wave
Buffett's hostility to crypto is probably based in large part on his shunning of tech stocks in general. Buffett doesn't invest in things he doesn't understand well, and crypto is as hard to ... ( read original story ...)
Hackers, Scammers Have Stolen $7.6B in Crypto Since 2011
Billions of dollars have been stolen through hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain. ( read original story ...)
Tencent’s Sales Top Estimates in Sign the Gaming Boom Persists
Tencent Holdings Ltd.’s revenue rose a better-than-expected 29%, riding a pandemic-era gaming boom that’s persisted in defiance of an economic downturn. ( read original story ...)
Japan to offer subsidies to spur regional bank mergers – Nikkei
Japan will create a scheme next year that offers subsidies to regional banks that merge or consolidate, the Nikkei newspaper reported, underscoring premier Yoshihide Suga's resolve to boost the ailing ... ( read original story ...)
Nikkei closes near 29-1/2-year high; vaccine caution weighs
Japan's Nikkei share average closed near a 29-1/2-year high on Thursday as technology shares tracked their U.S. peers higher, although gains were checked by profit-booking following a rally fuelled by ... ( read original story ...)
Japan to offer subsidies for regional lenders that merge, consolidate – Nikkei
Japan's government will create a scheme next year that offers subsidies to regional lenders that merge or consolidate to boost their financial standing, the Nikkei newspaper reported on Thursday. ( read original story ...)
What the Council on Economic and Fiscal Policy brings to Suga’s table
Osaka – Of all the governmental policy-making bodies in Japan, one of the most important and influential today is the Council on Economic and Fiscal Policy. Reporting directly to the prime minister, ... ( read original story ...)