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 ...)
Japan Revises Down First-Quarter Corporate Capex to 0.1% Year-On-Year Increase: MOF
Japan's economy, the world's third-largest ... to the first-quarter GDP figures on Aug. 3 reflecting the revised capital spending data from the finance ministry. (Reporting by Daniel Leussink; Writing ... ( read original story ...)
Japan revises down Q1 corporate capex to 0.1% yr/yr increase – MOF
Japan’s economy, the world’s third-largest ... to the first-quarter GDP figures on Aug. 3 reflecting the revised capital spending data from the finance ministry. (Reporting by Daniel Leussink; Writing ... ( read original story ...)
Pandemic Forces Digital Change on Japan’s Businesses
The coronavirus pandemic may be a drag on economies across the globe, but in Japan it’s bringing long-overdue change in work habits and tools.About 90% of Japanese refiner Idemitsu Kosan Co.’s ... ( read original story ...)
RPT-Twenty years on, Japan government’s digital ambitions still stuck in piles of paper
Two decades after Japan rolled out an ambitious plan to go digital, the COVID-19 crisis has exposed the government's deeply rooted technological shortcomings as ministries remain stuck in a ... ( read original story ...)
Japan’s Jan.-March business spending revised down to 0.1% rise
Capital spending by Japanese companies rose 0.1 percent in the January-March quarter from a year earlier, revised downward from an earlier result of 4.3 percent growth, the government said Monday. ( read original story ...)
G-20 finance chiefs to hold teleconference over virus pandemic
(Kyodo) TOKYO (Kyodo) -- Finance chiefs from the Group of 20 advanced and emerging countries will hold a videoconference Saturday to share their recognition of current economic situations hit hard ... ( read original story ...)
Japan defense agency holds first auction of discarded SDF equipment
The first-ever auction of discarded Self-Defense Forces equipment, including items from a training vessel decommissioned in spring, was held Sunday by an agency affiliated with Japan's Defense ... ( read original story ...)
Unboxed: Here’s What The Insane, $400 ‘Destroy All Humans! Crypto-137 Edition’ Offers
Edition of ‘Destroy All Humans’ may be the most expensive collector’s edition of a game in 2020. Here’s what your money gets you. ( read original story ...)
What’s ‘Yield Farming?’ (And How Do You Grow Crypto?)
There’s always a get-rich scheme in cryptocurrencies. Thousands of investors lost billions of dollars on Bitconnect, a pyramid scheme offering monthly returns of 40% or more that collapsed in 2018 ... ( read original story ...)
Xi Jinping’s trillion-yuan baby, the Star Market, is poised for the next spurt of growth. Here’s why
Ji Xinhua is walking on clouds. Two months before his 41st birthday, his company UCloud Information Technology overcame the hurdle that had tripped up dozens of larger Chinese companies and driven ... ( read original story ...)