The Bitwise 10 Crypto Index Fund has vaulted more than 70% since its debut Wednesday, the latest sign of an insatiable appetite for risk assets in global financial markets. ( read original story ...)
Time Your Crypto Sales For A 14-Month Tax Deferral
Bitcoin has been hovering around it’s all time high for a while now. Periods like these influence you to cash out without thinking about the tax consequences. Knowing how the tax clock works can help ... ( read original story ...)
SoftBank’s Rocky Year Ends on a Winning Streak
The Japanese technology investor scored an estimated $11 billion paper gain when DoorDash went public, the latest in a series of wins as soaring tech stocks pushed up the value of many of its holdings ... ( read original story ...)
The Rise And Fall Of Japan Over The Deadly Mauritius Oil Spill
Four months since the oil spill in Mauritius, new truths are being revealed about just how central Mauritius was to Japan's foreign policy strategy and corporate interests. It is a tale of ... ( read original story ...)
Insurer MassMutual scoops up $100 million worth of Bitcoin, and billionaire Mike Novogratz noted it as the most important news in crypto this year
The insurer's purchase underlines how more traditional financial institutions are transitioning to a mainstream adoption of digital assets. ( read original story ...)
Japan to spend $3.7 bln in budget reserves to back travel campaign
Japan's Cabinet has decided to spend 385.6 billion yen ($3.71 billion) in emergency budget reserves to back the country's domestic travel campaign, the Ministry of Finance said on Friday. TOKYO, Dec ... ( read original story ...)
NTT’s record bond issue to wrap up bumper year for Japan corporate bond market
NTT sells 1 trln yen bonds, biggest-ever corp bond in Japan * Strong investor appetite allows NTT to double its offering * Market sees record amount of new issues in 2020. TOKYO ... ( read original story ...)
Lockheed Martin to Join Japan’s New Fighter Jet Program: Nikkei
(Reuters) - Lockheed Martin Corp, the maker of the F-35 stealth jet, will join a project led by Mitsubishi Heavy Industries (MHI) to build a new fighter plane that Japan's air force is expected to ... ( read original story ...)
Nike shrugs off Japan boycott threats after controversial ad
For the past week, Nike Japan has been the subject of a consumer boycott. But you wouldn't know it from the stream of customers going in and out of its flagship store in Tokyo's Harajuku area on ... ( read original story ...)
Japan’s Banks Have a $44 Billion Dilemma With Client Stakes
Japan’s biggest banks have a $44 billion problem: how to sell stakes in their most important clients without losing their business. ( read original story ...)
Asia Markets: Hong Kong and Seoul stocks rise early Friday as Tokyo and Shanghai lose ground
Asian stock markets were mixed Friday after Wall Street sank following signs damage to the U.S. economy from the coronavirus is worsening while Congress is deadlocked over possible new aid. ( read original story ...)
Paulson notes China’s rise in global finance
But mainland China will be an increasingly formidable challenger in financial services in the next few years," Paulson wrote in an op-ed published on The Wall Street Journal website Wednesday. Paulson ... ( read original story ...)
SoftBank soars on US$11bil DoorDash gain, buyout prospect
SoftBank Group Corp shares surged as its paper profit from the initial public offering (IPO) of DoorDash Inc hit US$11.2bil, adding to gains from the prospect the Japanese company could attempt to go ... ( read original story ...)
Asian shares boosted by vaccines hopes, Brexit deadline casts shadow
Asian shares bounced back on Friday as progress on COVID-19 vaccines boosted investor sentiment, but tricky Brexit negotiations and U.S. stimulus talks capped gains in riskier assets. ( read original story ...)
Japan banks struggle to unwind last ¥4.6 trillion in cross-shareholdings
The practice of cross-holdings is largely unique to Japan, where it emerged after the war to cement ties with friendly owners and keep more demanding shareholders at bay. “There is a bedrock,” said ... ( read original story ...)
Japan to spend $3.7 billion in budget reserves to back travel campaign
Japan's Cabinet has decided to spend 385.6 billion yen ($3.71 billion) in emergency budget reserves to back the country's domestic travel campaign, the Ministry of Finance said on Friday. ( read original story ...)