Welcome to Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help take you through to the weekend.Bloomberg Economics’ GDP tracker suggests global growth picked up further ... ( read original story ...)
Japan’s Ruling Party Tax Panel Head Says Must Avoid Rise in Commercial Property Tax
In an interview that ran on Friday, Amari dismissed the idea of cutting Japan's sales tax, saying that distributing payouts to households and companies was an easier way to cushion the economic blow ... ( read original story ...)
Moon-Bound Billionaire Maezawa Bets on Japan Apparel Brands
Yusaku Maezawa, the Japanese billionaire who sold his online apparel company to Masayoshi Son and is preparing to ride around the moon on Elon Musk’s spacecraft, jumped back into the country’s ... ( read original story ...)
Garbage Crypto Product Dies Immediately After Launch
What happens when you mix esoteric financial instruments with poor coding practices? You get decentralized finance (DeFi), a new buzzword popular with crypto fans who see it as a way to invest in new ... ( read original story ...)
8 Smart Ways to Analyze Crypto Token Before Investing in It
There are endless opportunities surrounding crypto tokens. Here are some techniques to guide you in making a safe choice. ( read original story ...)
Exclusive: Anchorage Is Again Blurring The Lines Between Bitcoin, Crypto And Wall Street
Bitcoin and cryptocurrency custodian Anchorage is further blurring the lines between traditional finance and cryptocurrencies. After the San Francisco-based company began offering crypto-backed loans ... ( read original story ...)
Post-IPO Review: Kura Sushi USA Is Constrained By Capacity Limitations
KRUS is investing in off-premises capabilities, but will experience continued 50% capacity limitations on its dining operations for the foreseeable future. Irvine, California-based Kura Sushi provides ... ( read original story ...)
Exclusive: Anchorage Is Again Blurring The Lines Between Crypto And Wall Street
Bitcoin and cryptocurrency custodian Anchorage is further blurring the lines between traditional finance and cryptocurrencies. After the San Francisco-based company began offering crypto-backed loans ... ( read original story ...)
Palantir Reportedly Plans $961 Million Direct-Listing IPO
Palantir hopes to do a direct-listing IPO by late September, according to Japanese wealth management firm Akita Michinoku Capital. ( read original story ...)
Surging Chainlink Pushes Bitcoin Cash Out Of The Crypto Top Five As ‘Wild’ Value Tops $6 Billion
Chainlink has now knocked bitcoin cash, an offshoot of the original bitcoin, from the top five cryptocurrencies by value, according to CoinMarketCap—with its total value now an eye-watering $6 ... ( read original story ...)
Chainlink Price Surges To $16.75, Overtakes Bitcoin Cash As Top 5 Crypto
LINK had a 32% increase in the last two days LINK started its uptrend after breaking past $5 on July 6 Analysts predict more upside in the future but also warn that most growth is priced in already ... ( read original story ...)
Akita Michinoku Capital Comments on Palantir as They Prepare for a Direct Listing in September
Finance executives at Tokyo-based wealth management company Akita Michinoku Capital have commented on Palantir Technologies Inc. preparing to go public through a direct listing in September. The ... ( read original story ...)
Recession-proof your portfolio with these 4 stocks, says analyst
The U.K. economy has officially crashed into recession following the economic shutdown in response to the coronavirus pandemic. ( read original story ...)
Japan Has Plenty of Reasons to Clean Up Its Power Sector
The Japanese government proudly announced a plan last month to shut down 100 inefficient coal-fired power plants.International NGOs have criticized Japan’s policy of building coal power plants at ... ( read original story ...)
Japan banks ink $330 million deal for Qatar’s first megasolar project
The project is part of efforts by the Middle East state to increase the renewable portion of its total electricity generation to 20 percent by 2030. ( read original story ...)
MacGregor receives EUR 18 million RoRo orders from Japan
CARGOTEC CORPORATION, PRESS RELEASE, 13 AUGUST AT 10 AM EEST MacGregor, part of Cargotec, has secured two orders from Japan to provide full hardware supply including ramps and lifting platforms ... ( read original story ...)