Welcome to the Trading Day blog for Monday, July 27. Australian shares turned higher after an early dip, amid rising tensions with China and ongoing concerns over coronavirus case numbers. The nations ... ( read original story ...)
Japan Revises Down First-Quarter Corporate Capex to 0.1% Year-On-Year Increase: MOF
Japan's economy, the world's third-largest ... to the first-quarter GDP figures on Aug. 3 reflecting the revised capital spending data from the finance ministry. (Reporting by Daniel Leussink; Writing ... ( read original story ...)
Japan revises down Q1 corporate capex to 0.1% yr/yr increase – MOF
Japan’s economy, the world’s third-largest ... to the first-quarter GDP figures on Aug. 3 reflecting the revised capital spending data from the finance ministry. (Reporting by Daniel Leussink; Writing ... ( read original story ...)
Pandemic Forces Digital Change on Japan’s Businesses
The coronavirus pandemic may be a drag on economies across the globe, but in Japan it’s bringing long-overdue change in work habits and tools.About 90% of Japanese refiner Idemitsu Kosan Co.’s ... ( read original story ...)
RPT-Twenty years on, Japan government’s digital ambitions still stuck in piles of paper
Two decades after Japan rolled out an ambitious plan to go digital, the COVID-19 crisis has exposed the government's deeply rooted technological shortcomings as ministries remain stuck in a ... ( read original story ...)
Japan’s Jan.-March business spending revised down to 0.1% rise
Capital spending by Japanese companies rose 0.1 percent in the January-March quarter from a year earlier, revised downward from an earlier result of 4.3 percent growth, the government said Monday. ( read original story ...)
G-20 finance chiefs to hold teleconference over virus pandemic
(Kyodo) TOKYO (Kyodo) -- Finance chiefs from the Group of 20 advanced and emerging countries will hold a videoconference Saturday to share their recognition of current economic situations hit hard ... ( read original story ...)
Japan defense agency holds first auction of discarded SDF equipment
The first-ever auction of discarded Self-Defense Forces equipment, including items from a training vessel decommissioned in spring, was held Sunday by an agency affiliated with Japan's Defense ... ( read original story ...)
Unboxed: Here’s What The Insane, $400 ‘Destroy All Humans! Crypto-137 Edition’ Offers
Edition of ‘Destroy All Humans’ may be the most expensive collector’s edition of a game in 2020. Here’s what your money gets you. ( read original story ...)
What’s ‘Yield Farming?’ (And How Do You Grow Crypto?)
There’s always a get-rich scheme in cryptocurrencies. Thousands of investors lost billions of dollars on Bitconnect, a pyramid scheme offering monthly returns of 40% or more that collapsed in 2018 ... ( read original story ...)
Xi Jinping’s trillion-yuan baby, the Star Market, is poised for the next spurt of growth. Here’s why
Ji Xinhua is walking on clouds. Two months before his 41st birthday, his company UCloud Information Technology overcame the hurdle that had tripped up dozens of larger Chinese companies and driven ... ( read original story ...)
Bank of Japan May Have a New Pattern for When It Buys Stocks
The Bank of Japan may have adopted a new standard in deciding when to support stocks, according to Seiichi Suzuki, a market analyst at Tokai Tokyo Research Institute Co. ( read original story ...)
Japan, Britain to protect encryption keys in trade pact, Nikkei says
Japan and Britain have agreed not to force their companies to disclose algorithms or set up local data servers, as part of talks aimed at a bilateral trade deal, the Nikkei said on Saturday. A Japan-B ... ( read original story ...)
Xi Jinping’s trillion-yuan baby, bigger than older growth markets in Asia, is poised for the next spurt of growth. Here’s why
Dozens of China’s biggest start-ups including the internet search engine Baidu and this newspaper’s owner Alibaba were driven to New York over the past two decades to seek funding. Now, amid the ... ( read original story ...)
This SPAC Wants to Build the ‘Entertainment Company of the Future’
Former RuneScape executives plan a series of acquisitions in video games and other parts of the “attention economy,” starting with Ascendant Digital Acquisition, a newly public special purpose ... ( read original story ...)
Nikkei report says Japanese camera manufacturers are in for a ‘shake-up’ following Olympus sale
Olympus' sale of its imaging division could be the beginning of a major 'shake-up' in the Japanese camera industry, according to the latest report from Nikkei Asian Review Deputy Editor, Masamichi ... ( read original story ...)