A senior official from Japan's Ministry of Finance said on Wednesday that foreign-exchange stability was important and he was watching the currency market with a sense of urgency. ( read original story ...)
Japan treads a careful path in its dealings with China
Japan has spent the past 20 years trying to persuade the rest of the world to take a more critical stance on China. But having achieved that goal — with an increasingly hostile response from the ... ( read original story ...)
What Crypto Lender Celsius Isn’t Telling Its Depositors
Like all lending, the crypto kind carries risk. Celsius may be taking more of it than depositors, who have loaned it more than $1 billion, fully realize. ( read original story ...)
Coronavirus stalks Southeast Asia’s once-thriving unicorns
JAKARTA/TOKYO -- Car-leasing startup Smove was startlingly ... U.S., and WeWork's own attempt collapse the moment it filed its IPO prospectus in August, the myth of the ever-growing startup ... ( read original story ...)
In Crypto, Financial Empowerment Isn’t Just a Buzzword
Various politicians, including U.S. President Donald Trump, and well-known investors have weighed the topic of crypto, largely in reference to Bitcoin. While Trump’s reference was negative, ... ( read original story ...)
Wall Street slides as US stimulus talks stall – live updates
W all Street is still in the red almost two hours into the trading session. One thing that is weighing on stocks is the impasse in US stimulus negotiations. Senate Republicans ann ... ( read original story ...)
Nikkei rises on tech bounce, Mitsubishi Motors slumps on earnings
Nikkei buoyed by rise in U.S. tech shares * Trade slow with upcoming earnings in focus * Mitsubishi Motors plummets 12% after dismal earnings . TOKYO, July 28 (Reuters) - Japane ... ( read original story ...)
Osaka Matsui Management Says Gold Hits All-Time High as Dollar-Dive Fuels Record Run
Osaka Matsui Management have said Gold prices have reached record highs as the US-China dispute continues to intensify whilst hammering the dollar. ( read original story ...)
Ethereum as Lifestyle Brand: What Unicorns and Rainbows Are Really About
Ethereum is more than a technology, it’s a lifestyle. Beyond cryptocurrency, the software has attracted a diverse community of contributors. ( read original story ...)
Japan’s Biggest Banks May Stave Off Bad Loan Surge, for Now
Japanese banks face sharply higher bad loan costs due to the pandemic, but the damage is unlikely to show through in first-quarter earnings reports.The three largest lenders have already forecast ... ( read original story ...)
Tokyo, Sydney aim to lure edgy HK financial firms, but Singapore a top draw
Japan, Australia and some other nations are readying incentives to attract banks and asset managers in Hong Kong that are worried about the new security law imposed by China, but finance sector ... ( read original story ...)
Tokyo’s ‘Zombie Olympics’ Should Be Delayed Or Left For Dead?
What we’ve seen in Tokyo over the last seven years is policy distraction of Olympian dimensions. It’s now culminating in a deepening recession. ( read original story ...)
Asian stocks mixed amid US-China feud, economic unease
Wall Street ended last week down after a new diplomatic flare-up between Washington and Beijing and mixed earnings reports. ( read original story ...)
China-Backed Crypto Guru Wants to Unify the World’s Blockchains
The blockchain world today is thousands of disparate platforms that can’t talk to each other. So a little-known startup hatched one of the most ambitious plans yet to bridge all the divides -- and ... ( read original story ...)
Crypto Long & Short: Where Fintech Ends and Crypto Begins
She asked: “Is crypto fintech?” My instinctive answer was “no!” For me, fintech is technology applied to finance, while cryptocurrency is a technology unto itself. That technology is giving rise to a ... ( read original story ...)
Trading Day: Australian shares turn higher after early dip, amid COVID case concerns
Welcome to the Trading Day blog for Monday, July 27. Australian shares turned higher after an early dip, amid rising tensions with China and ongoing concerns over coronavirus case numbers. The nations ... ( read original story ...)