Net profit of Tokyo Finance declined 48.72% to Rs 0.40 crore in the quarter ended March 2020 as against Rs 0.78 crore during the previous quarter ended March 2019. Sales declined 94.94% to Rs 0.04 ... ( read original story ...)
Bitcoin To ‘Ignite’ After Labor Day, Warns Former Prudential CEO In Surprise Crypto Flip
George Ball, the chief executive of investment firm Sanders Morris Harris and former chief executive of Prudential Securities, has changed his tune on bitcoin, switching from being a bitcoin "opponent ... ( read original story ...)
Japan’s Economy Contracts 7.8 Percent, Worst Decline on Record
The quarterly slide, an annualized drop of 27.8 percent, coincides with a long and uncertain road to recovery. ( read original story ...)
Japan stocks fall after economy contracts, other markets up
Japanese stocks sank while other Asian markets gained Monday after Japan reported a record economic contraction as the coronavirus pandemic weighed on retailing, investment and exports. The quarterly ... ( read original story ...)
Asia Pacific stocks mixed as U.S.-China tensions remain; Japan’s economy shrinks in second quarter
June, according to government data released Monday. That was the sharpest contraction on record, according to Reuters. ( read original story ...)
INSTANT VIEW 4-Japan’s economy shrinks at record pace as pandemic hits spending
Japan suffered its biggest economic contraction on record in the second quarter as the coronavirus pandemic crushed business and consumer spending, keeping policymakers under pressure for bolder ... ( read original story ...)
Bitcoin To ‘Ignite’ After Labour Day, Warns Former Prudential CEO In Surprise Crypto Flip
George Ball, the chief executive of investment firm Sanders Morris Harris and former chief executive of Prudential Securities, has changed his tune on bitcoin, switching from being a bitcoin "opponent ... ( read original story ...)
Japan’s World-Beating Stocks Are Shrugging Off GDP Woes
(Bloomberg) -- Japan’s economy shrank last quarter by the most in data going back to 1955 amid the pandemic. But investors don’t mind -- its stock market is beating the world. The Topix Index is the ... ( read original story ...)
Japan economy shrinks historic 7.8% in April-June
June quarter, the worst contraction in the nation's modern history, as the coronavirus deepens the country's economic woes. It was the third straight quarter of negative growth, confirming a deepening ... ( read original story ...)
When is the Japan Preliminary Q2 GDP and how could it affect USD/JPY?
Japan’s Finance Ministry is up for releasing the preliminary reading of the second quarter (Q2) 2020 Gross Domestic Product (GDP) figures at 23:50 GMT on Sunday, early Monday morning in Asia. Market ... ( read original story ...)
Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge Funds
Bitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term. ( read original story ...)
Sony job listing in Japan possibly confirms PlayStation VR 2 in the works
A job listing posted by Sony in Japan confirms that the company is working on a next-generation VR headset, which may be the PlayStation VR 2. The Japanese listing, which was spotted by UploadVR, is ... ( read original story ...)
Chip-Maker Gains Boost Japan’s Nikkei; Chinese Investors Worried About Valuation, Tighter Monetary Policy
Japan’s Nikkei share average scaled a near six-month high on Thursday, driven by strong gains in semiconductor-related stocks. ( read original story ...)
Japan Shouldn’t Ignore TikTok’s Possible Data Risks, Amari Says
Japan shouldn’t ignore the possible data security risks posed by Chinese music video app TikTok, which various other countries have pointed out, a senior ruling party official said. ( read original story ...)
Palantir Technologies could be the next company to go public in a direct listing. Spotify and Slack give clues to what that could look like.
Spotify and Slack used many of the same banks, and listed on the same stock exchange. ( read original story ...)
China slow to curb coal financing as Japan, South Korea ‘accept new reality’ on phasing out fossil fuels
China risks being left behind as South Korea and Japan signal a shift away from financing overseas coal power in response to growing criticism over their support for the dirty fossil fuel.The three ... ( read original story ...)