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Posted on 08/12/2020

Japan unveils $954b in fresh stimulus with eye to post-COVID growth

The new package will include about $906.5 billion in direct fiscal spending and initiatives targeted at reducing carbon emissions and boosting adoption of digital technology. ( read original story ...)

Posted on 08/12/2020

Japan’s October current account surplus grows 15.7% to ¥2.14 trillion

The country's current account surplus expanded 15.7% in October from a year earlier to ¥2.14 trillion ($20 billion), helped by a rise in the trade account ... ( read original story ...)

Posted on 08/12/2020

Japan to make hydrogen major power source by 2030: Nikkei

Japan will aim to make hydrogen a power source viable enough to produce the output of more than 30 nuclear reactors by 2030, the Nikkei newspaper reported on Tuesday. ( read original story ...)

Posted on 08/12/2020

Japan Overall Bank Lending Climbs 6.3% On Year In November

The value of overall bank lending in Japan was up 6.3 percent on year in November, the Bank of Japan said on Tuesday - coming in at ... ( read original story ...)

Posted on 08/12/2020

TABLE-Japanese businesses least gloomy in 10 months in Dec – Reuters Tankan

Sentiment among Japanese manufacturers and service-sector firms in December improved to its least pessimistic since February, as businesses eyed a slow and bumpy recovery from COVID-19 disruptions, a ... ( read original story ...)

Posted on 08/12/2020

Japan to Compile Nearly $200 Billion Third Extra Budget: Government Source

Japan's government will compile a third extra budget for the current fiscal year worth around 20.1 trillion yen ($192 billion) as part of steps to fund a fresh economic stimulus package, a government ... ( read original story ...)

Posted on 08/12/2020

Japan’s Consumer Spending Recovering but Economy Not Back to Pre-Pandemic Level: Econmin

Japanese consumer spending is recovering but the overall economy has not returned to its pre-coronavirus level, Economy Minister Yasutoshi Nishimura said on Tuesday. Nishimura, speaking to reporters, ... ( read original story ...)

Posted on 08/12/2020

Japan’s economy grows 22.9% in third quarter, bouncing back from COVID shocks

Japan has reported its economy expanded at a 22.9% annual rate in the last quarter, as businesses and personal spending recovered from pandemic-related shocks in the spring and early summer. ( read original story ...)

Posted on 08/12/2020

Japan Has Y2,144.7 Billion Current Account Surplus

Japan had a current account surplus of 2,144.7 billion yen in October, the Ministry of Finance said on Tuesday - up 15.7 percent on ... ( read original story ...)

Posted on 08/12/2020

Japan books current account surplus of 20.56 bln. USD in Oct.

Japan logged a current account surplus of 2.14 trillion yen (20.56 billion U.S dollars) in October, the Finance Ministry said in a report on Tuesday. The ministry said the latest figure marks the 76th ... ( read original story ...)

Posted on 08/12/2020

Japan’s Household Spending Rebounds From Initial COVID-19 Hit

A staff wearing a face shield stands behind transparent plastic panels at a checkout counter of Japan's supermarket group Aeon's shopping mall as the mall reopens amid the coronavirus disease ... ( read original story ...)

Posted on 08/12/2020

Crypto fund inflows hit second highest on record, assets managed surge – Coinshares

Institutional investors pumped $429 million into cryptocurrency funds and products for the week ended Dec. 7, the second highest on record, pushing the sector's assets under management to an all-time ... ( read original story ...)

Posted on 08/12/2020

Japan to compile ¥73 tril new stimulus package to fight pandemic

The Japanese government's additional stimulus package will be worth 73 trillion yen, government sources said Monday, as the country continues to grapple with the economic fallout from the novel ... ( read original story ...)

Posted on 08/12/2020

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies

The following editorial is a look at the top cryptocurrency gainers this year and the biggest loser tokens in 2020. ( read original story ...)

Posted on 08/12/2020

Japanese micro-cap Medirom Healthcare Technologies sets terms for $18 million US IPO

Medirom Healthcare Technologies, which operates holistic healthcare salons and a healthtech platform in Japan, announced terms for its IPO on Monday. The Tokyo, Japan-based company plans to raise $18 ... ( read original story ...)

Posted on 08/12/2020

Airbnb Boosts IPO Price Target, Sees $42 Billion Valuation

Airbnb will look to raise just over $3 billion in its Wednesday IPO that could value the home rental platform at around $42 billion. ( read original story ...)

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