Japanese shares tumbled for a second day on Friday, giving up early gains, as a boost from technology companies reporting upbeat earnings was overshadowed by investors' profit-taking and rebalancing ... ( read original story ...)
Bitcoin Jumps Above $35,000 as Musk Tweets About Crypto
Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter. ( read original story ...)
EQT takes next step in its Asia-Pacific strategy – opens office in Japan
STOCKHOLM, Jan. 29, 2021 /PRNewswire/ -- In line with EQT AB's strategic roadmap outlined at the IPO in 2019, growing in the Asia-Pacific ... the establishment of a local EQT Partners office in Japan. ( read original story ...)
BOJ Seen Dropping Pledge to Buy ETFs at Current Pace: Ex-C.bank Policymaker
"The BOJ shouldn't be buying ETFs this much. It probably wants to change its current commitment so it can more easily slow the pace of buying, without giving markets the impression it is tightening ... ( read original story ...)
Japan’s Latest Leader Needs To Change Course Or Face An Early Exit
Yoshihide Suga's approval rating has been falling rapidly. The question is whether his premiership is beyond repair. ( read original story ...)
Retail Wave Spurs Sevenfold Surge in Dogecoin Into Crypto Top 10
Fresh from a blistering rally on Thursday, cryptocurrency Dogecoin is soaring again atop a wave of demand churned up in chat rooms and on social media. ( read original story ...)
Crypto in the Philippines: Necessity is the mother of adoption
The Philippines is a cash based society where 71% of adults don't even have a bank account — but there are growing signs it's going to leapfrog directly to the future of fintech through its embrace of ... ( read original story ...)
WeWork in talks to go public through SPAC deal
WeWork is in talks to go public through a merger with a special purpose acquisition company (SPAC) and is also exploring raising funds from private investors, a little over a year after its botched ... ( read original story ...)
SAP CFO sees Qualtrics IPO as cue to re-rate own valuation
SAP hailed the U.S. stock market listing of its Qualtrics unit, saying that investors should take it as a cue to reconsider whether its own share price fairly reflected the value of its cloud assets. ( read original story ...)
Nikkei erases early gains as profit-taking offsets upbeat earnings
Japanese shares slipped on Friday, giving up early gains, as a boost from technology companies reporting upbeat earnings was overshadowed by investors' profit-taking and rebalancing at the end of ... ( read original story ...)
‘Joke’ Crypto Dogecoin Surges Over 500% In 24 Hours In Reddit-Driven Boon
Redditors have hit the crypto market, surging the cryptocurrency Dogecoin—which was originally created as a joke —by over 500% in a 24-hour period where they were largely cut off from popular meme ... ( read original story ...)
Tokyo’s Nikkei share average opens up 0.44 pct
Japan's benchmark Nikkei average opened up 0.44 percent at 28,320.72 on Friday, while the broader Topix gained 0.33 percent at 1,844.92. TOKYO, Jan 29 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Japan December Factory Output Falls 1.6% Month-On-Month
Japan's factory output fell 1.6% in December, government data showed on Friday, compared with the median market forecast for a 1.5% contraction. Manufacturers surveyed by the Ministry of Economy, ... ( read original story ...)
Japan’s Jobless Rate Steady at 2.9% in December: Government
Japan's jobless rate held steady at 2.9% in December and the availability of jobs was unchanged from the previous month, government data showed on Friday. The seasonally adjusted unemployment rate ... ( read original story ...)
China Tightens Belt, Taiwan Back, Japan and Europe Cool: Eco Day
Happy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help take you through to the weekend. ( read original story ...)
After Robinhood Restricts GameStop, Bitcoin And Crypto Market Suddenly Soars Toward $1 Trillion—Dogecoin Price Rockets 200%
Bitcoin and cryptocurrency prices have climbed after stock trading app Robinhood stepped in to restrict users from GameStop and other stocks that have surged in recent ... ( read original story ...)