Seven out of 10 Japanese companies with domestic plants will revise their supply chains, a Nikkei survey shows, highlighting corporate efforts to find a new normal in light of continuing risks from ... ( read original story ...)
The New Cold War, Japan and Its Chinese Supply Chains
There is a new Cold War game underfoot that has long-term implications for the shape of global trade and the structure of international relations in Asia—Japan is taking steps to pull some of its ... ( read original story ...)
Strategists cut Nikkei forecasts, see no upside this year: Reuters poll
Japanese stock prices will likely remain well below pre-coronavirus pandemic peaks until at least the end of next year, a Reuters poll showed on Thursday. The median estimate of 23 analysts and fund ... ( read original story ...)
Crypto Wallet BRD Sees Record Downloads Amid Pandemic
I expected with the pandemic people would want to pull money back, especially if they are losing their jobs,” said Adam Traidman, CEO and Co-Founder of BRD, the cryptocurrencies digital wallet company ... ( read original story ...)
Allianz Real Estate acquires prime residential assets in Tokyo worth $173 million
Allianz Real Estate has acquired a portfolio of prime multi-family residential assets in Tokyo for $173 million. The portfolio comprises 11 new buildings with 275 units, offering a total net rentable ... ( read original story ...)
J.P. Morgan—Bitcoin’s ‘Biggest Enemy’—Suddenly Appears To Be Going All In On Crypto
J.P. Morgan, the largest U.S. bank by assets, has been waging a war of words with bitcoin and cryptocurrency for years. The bitcoin price has swung wildly since J.P. Morgan chief executive Jamie Dimon ... ( read original story ...)
Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting
Many US companies that deal with cryptocurrencies are privately held small businesses. Such businesses do not have to follow cumbersome GAAP crypto accounting rules that publicly traded companies have ... ( read original story ...)
JDE Peet’s IPO Priced at €31.50 Per Share
JDE Peet's B.V. (the “Company”), the world's largest pure-play coffee and tea group by revenue, today announced that the ordinary shares (the “Ordinar ... ( read original story ...)
Japan Finance Minister Sees Fiscal Situation Worsening as Virus Hits Tax Revenue
Japan's fiscal situation will further deteriorate following the compilation of stimulus budgets as tax revenue will likely fall due to the impact of the coronavi ... ( read original story ...)
Goldman Sachs Slams Bitcoin And Gold On Investor Call, Crypto Community Reacts
Goldman Sachs hosted a client call which re-ignited a long running dispute between the cryptocurrency and the banking community. ( read original story ...)
Even a Dubious Warren Buffett Can’t Stop This Crypto-World Casino Czar
When Justin Sun met Warren Buffett for dinner in January, he wasn’t seeking advice on stocks. The crypto mogul had spent a record $4.6 million at a charity auction for the opportunity to lecture the ... ( read original story ...)
Risk of CLO Losses Keeps Japan’s Banking Regulator on Alert
Japan’s financial regulator is closely watching global credit markets for renewed signs of stress because there’s no guarantee that support measures will keep borrowers afloat during the pandemic, ... ( read original story ...)
Cutera: Currently On Sale
After a solid 2019, shares of energy-based aesthetic systems provider Cutera, Inc. have lost approximately 60% of their value since mid-January 2020. Although p ... ( read original story ...)
Explain losses in hotel bookings for Tokyo Games: IOA president to Khanna
Indian Olympic Association president Narinder Batra on Thursday demanded an explanation from finance committee chairman Anil Khanna on the losses incurred due to delay in hotel bookings for the Tokyo ... ( read original story ...)
Warner Music Group launches IPO, as firm readies flotation on Nasdaq
Warner Music Group’s IPO is underway. The New York-based company has today (May 26) confirmed its intent to float on the Nasdaq stock exchange via an amended S1/A filing with the US Securities & ... ( read original story ...)
Dangerous SHA-1 crypto function will die in SSH linking millions of computers
The moves, announced in release notes and a code update for OpenSSH and libssh respectively, mean that SHA-1 will no longer be a means for digitally signing encryption keys that prevent the monitoring ... ( read original story ...)