Tokyo stocks extended their losing streak to a third market day on Friday as investors retreated to the sidelines ahead of the three-day weekend in Japan. ( read original story ...)
Japan’s GPIF earns $118 bln in Q1 returns as stock markets rally
Japan's Government Pension Investment Fund (GPIF) said on Friday it earned a first-quarter investment return of 12.49 trillion yen ($118.4 billion) as global stock markets rallied, following its ... ( read original story ...)
Japan shares end lower on gloomy earnings, Sino-U.S. tensions
U.S. tensions heightened following a U.S. ban on transactions with China's tech firms, while a raft of lacklustre domestic earnings and caution ahead of key U.S. jobs data also weighed. ( read original story ...)
Novavax and Takeda Announce Collaboration for Novavax’ COVID-19 Vaccine Candidate in Japan
Novavax will license COVID-19 vaccine technology to Takeda for local production and commercialization in Japan * Matrix-M adjuvant to be supplied from Novavax * Government of Japan will provide ... ( read original story ...)
Japan’s Top Banks Prep Cheaper Money Transfer Network
Japan's biggest banks said they will work together to build a less expensive money transfer network focused mainly on small transactions among individuals. ( read original story ...)
Japan’s Second Quarter GDP Likely Shrank Most on Record Due to Coronavirus Crisis: Reuters Poll
Japan's economy likely contracted at the sharpest pace on record in the second quarter as the coronavirus crisis crushed business and consumer spending, a Reuters' poll showed, and a recent surge in ... ( read original story ...)
U.S. Senate Votes In ‘Crypto Mom’ Hester Peirce At SEC Through 2025
SEC Commissioner Hester Peirce confirmed by U.S. Senate for second term at the SEC through 2025 tonight. Peirce has said crypto is, "“...going to be here to stay and I would like us to set up a ... ( read original story ...)
Japan shares slip on weak earnings, caution ahead of U.S. jobs data
Japanese shares fell on Friday as the market reacted to a string of disappointing earnings and forecasts, while investors also took a cautious stance ahead of the U.S. non-farm payroll data for July ... ( read original story ...)
Japan’s Spending Slump Eases as Economy Reopens, COVID-19 Clouds Outlook
Japan's household spending fell at a much slower pace in June than in the previous month as the economy re-opened from lockdown measures to contain the coronavirus pandemic, offering some hope of a ... ( read original story ...)
Son’s SoftBank Poised to Return to Profit After Big Losses
After reporting record losses in May and warning the coronavirus outbreak could be as devastating as the Great Depression, SoftBank Group Corp. founder Masayoshi Son is already poised to declare a ... ( read original story ...)
SoftBank is poised to return to profit after record losses
SoftBank is in the process of offloading 4.5 trillion yen in assets, including stock in Alibaba, T-Mobile US Inc. and its domestic telecom unit.The proceeds will be used to fund share repurchases and ... ( read original story ...)
Japan’s Top Banks Plan Less Costly Money Transfer Network
Japan's biggest banks said they will work together to build a less expensive money transfer network focused mainly on small transactions among individuals. ( read original story ...)
Japan’s Bonds Hold Above 0% Even As More Debt Goes Negative
Japan’s benchmark bond yield is likely to hold above 0%, even if the Treasuries equivalent continues to decline, according to market participants.The perception that the Bank of Japan is unlikely to ... ( read original story ...)
Japan Push to Cut China Reliance May Be Boost for Southeast Asia
Japan’s quiet push to protect its supply chains in the era of Covid-19 may prove a boon for Southeast Asian nations looking to gain from the growing backlash against China.The Japanese government is p ... ( read original story ...)
Japan’s Top Banks To Plan Less Costly Money Transfer Network
Japan's biggest banks said they will work together to build a less expensive money transfer network focused mainly on small transactions among individuals. ( read original story ...)
Putin Outlines New Russian Crypto Rules And Banks Prepare For New Exchanges
Russia has revamped the rules of the cryptocurrency game within its borders. In short: cryptocurrencies like Bitcoin, Ether, and others can be traded, but no goods and services in Russia are allowed ... ( read original story ...)