Japan’s economy shrank less than initially estimated in the first quarter, but analysts warn the latest revised figures may offer a misleading view of the economy’s health as the virus hit.The latest ... ( read original story ...)
Japan economy better than feared but still in recession
Japanese growth figures were better than initially feared in the first quarter, according to official data published on Monday, but the world's third-top economy was still mired deep in recession. ( read original story ...)
Japan’s GDP Shrinks Less as Economists Question Capex Data
Revised figures showed Japan’s economy contracted less than initially estimated in the first quarter based on a survey that may have overstated the strength of business investment amid the pandemic. ( read original story ...)
Japan Q1 GDP revised up to 2.2% annualised contraction
March, less than the initial estimate of a 3.4% contraction, revised data from the Cabinet Office showed Monday. On a quarter-on-quarter basis GDP shrank 0.6% compared with a 0.9% contraction in the ... ( read original story ...)
Goldman, Mizuho Expect Thaw in Japan Dealmaking to Gather Pace
Mergers are beginning to pick up in Japan after slumping to a 10-year low in April, and bankers expect the pace to accelerate as the coronavirus pandemic forces weaker companies to consolidate. ( read original story ...)
Bitcoin’s Short-Lived Spike; Russia Gets Tougher On Crypto
Some Russian crypto enthusiasts are hopeful that there is still room for interpretation in the law to allow for regulated security token offerings in the future. JPMorgan has come a long way since CEO ... ( read original story ...)
Japan, U.K. to Hold Trade Talks on Tuesday, Nikkei Says
Japanese Foreign Minister Toshimitsu Motegi and U.K. International Trade Secretary Liz Truss will on Tuesday discuss forming a new trade accord as Britain departs from the European Union, Nikkei ... ( read original story ...)
SEC targets crypto multi-level marketing scheme in new lawsuit
The Securities and Exchange Commission said Friday that it has filed charges against the alleged operators of a fraudulent cryptocurrency investment scheme.The post SEC targets crypto multi-level ... ( read original story ...)
Legend Biotech’s Upsized IPO Lands $424M for Multiple Myeloma Drug
The biggest life sciences IPO of the year so far belongs to Legend Biotech. The cancer drug developer was able to raise $423.8 million after pricing its ... ( read original story ...)
Amwell confidentially files for IPO amid surging demand for remote health care
Amwell, a provider of remote health services formerly known as American Well, is looking to go public in the coming months, sources tell CNBC. ( read original story ...)
Japan Minister Says Higher ‘Cultural Standard’ Helped Beat Virus
Japan’s success against the coronavirus without enforcing a strict lockdown is due to the citizens’ “cultural standard” that is different from other nations, Finance Minister Taro Aso said, drawing ... ( read original story ...)
OCC Seeks Public Comment For Possible U.S. Crypto Regulations
The U. S. bank regulator for financial institutions such as Wells Fargo, JPMorgan Chase, and Citi just issued two separate issuances for public comment on cryptocurrencies and blockchain. ( read original story ...)
Amwell confidentially files for IPO amid surging demand for telemedicine
Amwell, a provider of telehealth services formerly known as American Well, is looking to go public in the coming months, sources tell CNBC. ( read original story ...)
BRIEF-Japan Set To Lift Quarantines For Business Travelers In Summer – Nikkei
JAPAN SET TO LIFT QUARANTINES FOR BUSINESS TRAVELERS IN SUMMER - NIKKEI * JAPAN POISED TO LET BUSINESS TRAVELERS FROM SOME COUNTRIES BYPASS 2-WEEK QUA ... ( read original story ...)
Foreign Investors Misjudged In Betting Against Japanese Stocks
Foreign investors that had bet against Japanese equities are now scrambling to cover their shorts, triggering a stellar rebound in the nation’s stocks. ( read original story ...)
Naomi Osaka shuts down people who want her to stick to sports: ‘This is a human rights issue’
Count Naomi Osaka among the athletes who have no interest in sticking to sports. Osaka called out people who demand athletes only entertain, explaining some issues are human rights issues. Osaka, 22, ... ( read original story ...)