The huge debt will add strains to Japan's already tattered finances and could constrain its ability to keep battling the lingering pain from COVID-19 on a fragile economic recovery. Japan announced a ... ( read original story ...)
November Crypto Recap: Regulatory Threats, Stanley Druckenmiller Likes Bitcoin, Silk Road-Related BTC Seized
With November coming to an end just days ago, here is brief recap of all major Bitcoin and cryptocurrency news events of the past month. ( read original story ...)
Crypto funds see near-record inflows as capital floods out of gold
Crypto funds have posted near-record inflows during recent weeks as the gold investment products shed liquidity. A new report from market data aggregator CoinShares has revealed recent surging crypto ... ( read original story ...)
Japan Funds Snap Up China Bonds, Shun Rest of EM Debt
Japanese funds are ramping up China’s bond purchases while shunning most other emerging-market debt as the coronavirus pandemic led to worsening government finances and lower interest rates. ( read original story ...)
TSE change opens window for Bain to revive Kioxia IPO
The Tokyo Stock Exchange rule change would allow the private equity ... If the February deadline is missed, the IPO that was originally planned to raise about $3.6bn and would have been Japan’s ... ( read original story ...)
Japan’s Suga Doubles Down on Travel Bet in $700 Billion Package
Japanese Prime Minister Yoshihide Suga doubled down on his bet that promoting domestic travel will ensure the economy stays on a recovery path and that his tenure as premier will continue beyond a ... ( read original story ...)
Japan’s New Government Bond Issuance to Exceed $960 Billion as COVID-19 Hits Tax Revenues – Nikkei
Japan's new government bond issuance in the current fiscal year is likely to hit a record exceeding 100 trillion yen ($960 billion) as the coronavirus pandemic took a heavy toll on the economy, the ... ( read original story ...)
Bitcoin, Litecoin And Monero Luminaries Invest In Historic Crypto-Securities Offering
Bitcoin developers at venture-backed Blockstream created a new platform that could make it easier to settle securities in the $350 billion cryptocurrency. ( read original story ...)
IPO Launch: Medirom Healthcare Technologies Pursues $18 Million U.S. IPO
Tokyo, Japan-based Medirom was founded to develop a retail salon network of corporate owned and franchised health salons in Japan. ( read original story ...)
Facebook Gets an Upgrade While it Eyes 2021 Crypto Launch
Facebook gets a price-target upgrade from Guggenheim on expected strong digital ad and e-commerce revenue as the social network preps its cryptocurrency launch. ( read original story ...)
How Palantir’s early experience in Japan helped set up its successful IPO
If you get Japan right, you’re going to be a more disciplined, better company for it, write Phil Wickham and Koichiro Nakamura. ( read original story ...)
Latin American Crime Cartels Turn to Crypto to Clean up Their Cash
The cryptocurrency is emerging as a new front in Latin America's struggle against gangs battling for control of vast criminal markets for sex, drugs, guns and people, according to law-enforcement ... ( read original story ...)
Tokyo’s Nikkei Closes Down For Third Straight Session
Tokyo's benchmark Nikkei index fell for a third consecutive session on Tuesday, tracking falls on Wall Street as investors monitored prospects for additional US stimulus spending. ( read original story ...)
Japan announces $708bn in fresh stimulus as COVID-19 cases rise
Japan announces a fresh stimulus package worth $708bn even as new COVID-19 cases cast a shadow on better GDP data. ( read original story ...)
Japan stimulus package will likely boost GDP by around 3.6%, Suga says
Japan's latest economic stimulus package to help the country recover from its coronavirus-driven slump will likely boost gross domestic product by around 3.6%, Prime Minister Yoshihide Suga said on ... ( read original story ...)
Japan shares slip for third day; all eyes on U.S. stimulus debate
Japanese shares ended lower for the third straight session on Tuesday, as a month-long rally ran out of gas, with investors awaiting U.S. lawmakers' decision on a fresh COVID-19 pandemic relief ... ( read original story ...)