The idea of decentralized finance is that financial institutions can be created that are run by computers, blockchains and rules that anyone can access free of gaining permission or having to show ... ( read original story ...)
Oita Chuo Pacific Management Comments on Airbnb Planning to File for IPO in August
the company opted to take the traditional IPO path to generate cash for the business. About Oita Chuo Pacific Management Oita Chuo Pacific Management is a recognized leader in wealth management ... ( read original story ...)
AM Best Affirms Credit Ratings of Sompo Japan Insurance Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "aa-" of Sompo Japan Insurance Inc. (SJ) (Japan). The outlook of ... ( read original story ...)
S.Korea’s Moon to focus on victims in ‘comfort women’ dispute with Japan
President Moon Jae-in vowed on Friday to spotlight the plight of South Korea's last few surviving "comfort women", as those forced to work in Japan's wartime brothels are known, in efforts to resolve ... ( read original story ...)
Pandemic to hit Japan’s economy more than expected, U.S.-China tension adds to concerns: Poll
Japan's economy will contract more than previously expected and suffer mild deflation during the current fiscal year, analysts predict, underscoring the fragile nature of the recovery from the ... ( read original story ...)
Japan Exports to Post Double-Digit Fall Again, Machinery Orders Seen Up: Reuters Poll
Japan's July exports are expected to have recorded a double-digit decline for the fifth straight month as the coronavirus pandemic hit global demand, a Reuters poll showed on Friday. The poll also ... ( read original story ...)
$2M-Worth Bitcoin, Other Crypto Sent To Terrorist Groups ‘To Buy Weapons’ Seized By Justice Department
The use of Bitcoin and other cryptocurrencies allowed the U.S. government to trace and ultimately seize those funds supposedly for terrorist financing activities. ( read original story ...)
Japan’s ruling party executive says must avoid rise in property tax: Nikkei
Japan must avoid any increase in property tax for commercial land as the coronavirus pandemic is hurting many companies, Akira Amari, head of the ruling Liberal Democratic Party's tax panel, was ... ( read original story ...)
Japan’s Economy Set to Crater by a Record in Awful Quarter
(Bloomberg) -- Japan’s pandemic-hit economy shrank last quarter by the most in records going back to 1955, official data is set to show Monday, with a resurgence of the virus threatening to slow a ... ( read original story ...)
Growth ‘V’? Yes, Record China Debt, Japan to Crater: Eco Day
Welcome to Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help take you through to the weekend.Bloomberg Economics’ GDP tracker suggests global growth picked up further ... ( read original story ...)
Japan’s Ruling Party Tax Panel Head Says Must Avoid Rise in Commercial Property Tax
In an interview that ran on Friday, Amari dismissed the idea of cutting Japan's sales tax, saying that distributing payouts to households and companies was an easier way to cushion the economic blow ... ( read original story ...)
Moon-Bound Billionaire Maezawa Bets on Japan Apparel Brands
Yusaku Maezawa, the Japanese billionaire who sold his online apparel company to Masayoshi Son and is preparing to ride around the moon on Elon Musk’s spacecraft, jumped back into the country’s ... ( read original story ...)
Garbage Crypto Product Dies Immediately After Launch
What happens when you mix esoteric financial instruments with poor coding practices? You get decentralized finance (DeFi), a new buzzword popular with crypto fans who see it as a way to invest in new ... ( read original story ...)
8 Smart Ways to Analyze Crypto Token Before Investing in It
There are endless opportunities surrounding crypto tokens. Here are some techniques to guide you in making a safe choice. ( read original story ...)
Exclusive: Anchorage Is Again Blurring The Lines Between Bitcoin, Crypto And Wall Street
Bitcoin and cryptocurrency custodian Anchorage is further blurring the lines between traditional finance and cryptocurrencies. After the San Francisco-based company began offering crypto-backed loans ... ( read original story ...)
Post-IPO Review: Kura Sushi USA Is Constrained By Capacity Limitations
KRUS is investing in off-premises capabilities, but will experience continued 50% capacity limitations on its dining operations for the foreseeable future. Irvine, California-based Kura Sushi provides ... ( read original story ...)