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Posted on 18/06/2020

Osaka Matsui Management Says Royalty Pharma Shares Jump 59% After Year’s Biggest U.S. IPO

Osaka Matsui Management say shares of Royalty Pharma rallied 59% on Tuesday in the biggest initial public offering in the U.S. this year. ( read original story ...)

Posted on 17/06/2020

Bitcoin Failed As Money, And That Is Great News For Crypto

The original use case for bitcoin might have fallen flat, but the innovation it unleashed continues to push blockchain implementation forward. ( read original story ...)

Posted on 17/06/2020

Japan’s tax revenue for FY2019 to fall below 60 trln yen – Nikkei

Japan's tax revenue for the fiscal year that ended in March 2020 will fall below 60 trillion yen ($559.02 billion) due to the novel coronavirus, Nikkei business daily reported on Wednesday. ( read original story ...)

Posted on 17/06/2020

Bank of Japan boosts its coronavirus stimulus plan to more than $1 trillion amid ‘extremely severe’ economic crash

The Bank of Japan increased its COVID-19 stimulus from 75 trillion yen ($700 billion) to 110 trillion yen ($1.02 trillion) on Tuesday. ( read original story ...)

Posted on 17/06/2020

Tokyo shares end lower on auto export slump, geopolitical tensions

Japanese stocks ended lower on Wednesday as automakers dragged following weak export data, while escalating tensions between North Korea and South Korea also doused the market sentiment. The benchmark ... ( read original story ...)

Posted on 17/06/2020

China Reveals East Asia Crypto Scheme To Rival Bitcoin, Facebook’s Libra And The U.S. Dollar

An influential group in China has revealed plans for an East Asia cryptocurrency scheme that could see a basket of currencies combined to take on bitcoin, Facebook's libra and even the U.S. ( read original story ...)

Posted on 17/06/2020

SK Biopharm highlights drugs pipeline ahead of planned $800m IPO

South Korean drugmaker SK Biopharmaceuticals started the run-in to its $800 million initial public offering by offering more details of its development pipeline, saying it would begin clinical trials ... ( read original story ...)

Posted on 17/06/2020

Aso rules out new probe into scandal, despite widow’s plea

Finance Minister Taro Aso again ruled out a new investigation into a document falsification scandal involving his ministry that led to the suicide of one of its officials, despite ... ( read original story ...)

Posted on 17/06/2020

Nikkei eases on auto export slump, geopolitical tensions

Japanese shares fell on Wednesday as automakers dragged on weak export data, while escalating tensions between North Korea and South Korea also doused the market sentiment. ( read original story ...)

Posted on 17/06/2020

Japan manufacturers’ mood turns gloomier as virus damage spreads

Worries about the deepening impact of the new coronavirus kept Japanese business confidence depressed in June, as firms braced for a prolonged global economic downturn, the Reuters Tankan survey ... ( read original story ...)

Posted on 17/06/2020

Crypto Founder Admits He Cheated Investors Out of $25 Million

The founder of a cryptocurrency firm admitted to conspiring to dupe investors into committing more than $25 million to the enterprise by lying about an initial coin offering. ( read original story ...)

Posted on 17/06/2020

Exclusive: Borrowing Dollars Against Bitcoin And Crypto Is About To Get A Lot Easier

San Francisco-based crypto custodian Anchorage has teamed up with crypto-friendly lender Silvergate to offer bitcoin and crypto-backed loans without the digital assets having to leave Anchorage's ... ( read original story ...)

Posted on 16/06/2020

Zoom caught in China censorship crossfire as meetings foiled

Video app company Zoom says that it blocked several meetings and suspended the accounts of three activists at the request of the Chinese government. The company released details ... ( read original story ...)

Posted on 16/06/2020

Japanese stocks surge on central bank boosts, U.S. stimulus hopes

Japanese stocks jumped on Tuesday, with the Nikkei gaining the most in nearly three months, after central banks in the United States and Japan offered measures to support corporate finances. TOKYO, ... ( read original story ...)

Posted on 16/06/2020

JGBs retreat after Nikkei jumps, BOJ keeps policy unchanged

Japanese government bond (JGB) prices broadly dropped on Tuesday as a robust rebound in Tokyo shares on U.S. Federal Reserve's bond buying programme dented the appeal of safe-haven debt investments. ( read original story ...)

Posted on 16/06/2020

Bank of Japan holds fire, pledges $1 trillion to struggling firms

The Bank of Japan kept monetary settings steady on Tuesday and stuck to its view that the economy will gradually recover from the coronavirus pandemic, signalling that it has taken enough steps to ... ( read original story ...)

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