Japan’s Nikkei share average scaled a near six-month high on Thursday, driven by strong gains in semiconductor-related stocks. ( read original story ...)
Japan Shouldn’t Ignore TikTok’s Possible Data Risks, Amari Says
Japan shouldn’t ignore the possible data security risks posed by Chinese music video app TikTok, which various other countries have pointed out, a senior ruling party official said. ( read original story ...)
Palantir Technologies could be the next company to go public in a direct listing. Spotify and Slack give clues to what that could look like.
Spotify and Slack used many of the same banks, and listed on the same stock exchange. ( read original story ...)
China slow to curb coal financing as Japan, South Korea ‘accept new reality’ on phasing out fossil fuels
China risks being left behind as South Korea and Japan signal a shift away from financing overseas coal power in response to growing criticism over their support for the dirty fossil fuel.The three ... ( read original story ...)
DeFi: Welcome To The Crypto Revolution
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 ...)