JAFCO and Bloom&Co. partner on support for startups. Strengthening marketing strategy for startups to enable business growth. ( read original story ...)
Japan eyes fresh stimulus plan worth over $929 bln to battle pandemic – Nikkei
Japan is considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit by the coronavirus pandemic, the Nikkei newspaper said on ... ( read original story ...)
Japan eyeing second extra budget worth over $929 billion: Nikkei
Japan's government is considering compiling a second extra budget for the current fiscal year worth over 100 trillion yen ($929.45 billion) to combat the economic fallout from the coronavirus pandemic ... ( read original story ...)
Crypto hedge funds struggle to recover from ‘bloodbath’ | Free to read
Vlad Matveev has learnt the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted ... ( read original story ...)
Did Japan just beat the virus without lockdowns or mass testing?
Japan's state of emergency is nearing its end with new cases of the coronavirus dwindling to mere dozens. It got there despite largely ignoring the default playbook. ( read original story ...)
NASDAQ Partnership With Blockchain Firm R3 Is Great For Crypto
It’s an interesting development that suggests that large institutions are increasingly seeing digital assets as a credible alternative to traditional means of issuing and trading financial securities. ( read original story ...)
Bank of Japan Launches New Loan Scheme, Extends Deadline for Virus-Combating Steps by Six Months
In an emergency policy meeting, the central bank also extended the deadline for a series of measures it has deployed to combat the virus fallout, including accelerated corporate debt buying, by six ... ( read original story ...)
Naomi Osaka passes Serena Williams as world’s highest-paid female athlete
Naomi Osaka made her name beating Serena Williams on the court. Now, she’s topped the tennis icon at another key venue — the bank. Osaka, 22, earned $37.4 million in prize money and endorsements over ... ( read original story ...)
Could Crypto’s Biggest Moment Be Its Riskiest?
Crypto funds were expected to do well amid the economic turmoil sparked by the pandemic. But some are sputtering in the face of risks. ( read original story ...)
After red-hot IPO, Chinese biotech firm Kintor eyes blockbuster drugs for prostate cancer, sex hormone-related hair loss
Kintor Pharmaceutical wants to take on blockbuster drugs in China and the US for prostate cancer and hair-loss treatments, after getting a red-hot reception for its IPO in Hong Kong. ( read original story ...)
Japan’s finance minister, central bank governor meet on pandemic response
Japanese Finance Minister Taro Aso and Bank of Japan Governor Haruhiko Kuroda met in Tokyo, the finance ministry said on Friday, in a show of resolve to coordinate fiscal and monetary policies to ... ( read original story ...)
Japan Finance Minister Aso Welcomes BOJ’s New Loan Scheme
Aso also told reporters that it was hard to predict the outlook for the Japanese economy now considering its link to overseas economies, but added that Japan was not in a state of financial crisis. ( read original story ...)
Bank of Japan helps fund small businesses fighting pandemic
Japan's central bank said Friday it will provide some 30 trillion yen ($280 billion) to banks for financing small and medium-size businesses battling economic hardships brought on by the coronavrius ... ( read original story ...)
Japan’s Core Consumer Prices Slip Into Deflation for First Time in Three Years
Japan's core consumer prices fell for the first time in more than three years in April on an annual basis, as weak oil prices and coronavirus lockdown measures heightened deflation risks. The April ... ( read original story ...)
SoftBank To Sell 5% of Wireless Unit in Japan For $2.9 Billion
SoftBank Group Corp. said it will raise about 310.2 billion yen ($2.9 billion) by selling a 5% stake in its Japanese wireless subsidiary this month, the latest in a series of asset divestitures ... ( read original story ...)
Bank of Japan to create its version of Fed’s ‘Main Street’ lending scheme
Japan's central bank will create its own version of the U.S. Federal Reserve's "Main Street" lending programme to channel more money to small businesses, in a bid to keep the coronavirus pandemic from ... ( read original story ...)