Shares in financial companies not already part of the Nikkei 225 jumped in Tokyo on news that Sony Corp. would buy out its unit Sony Financial Holdings Inc., opening a rare slot on the benchmark index ... ( read original story ...)
Major $800 Million Bitcoin And Crypto Investor Reveals Coming ‘Fourth Cycle’
Silicon Valley venture capital firm Andreessen Horowitz has forecast a "fourth crypto cycle" could be on the horizon—potentially sending the bitcoin price sharply ... ( read original story ...)
Hedge Fund That Timed Big Short, Crypto Rally Eyes Venezuela
Venezuela’s bond market has been rocked over the past few years by defaults, sanctions and a collapse in crude oil prices. Yet the disastrous cocktail is attracting hedge funds including London’s ... ( read original story ...)
Bank of Japan to hold emergency meeting Friday to decide on new loan scheme
The Bank of Japan said it will hold an emergency policy meeting on Friday to sign off on a new lending programme to help firms combat the fallout from the coronavirus crisis. ( read original story ...)
Japan’s Economic Conditions Likely to Stay Tough in Current Quarter, Finance Minister Says
Economic conditions in Japan will likely stay tough in the current quarter, Finance Minister Taro Aso said on Tuesday, also promising that the government would ensure support for employment and help ... ( read original story ...)
Asian Stocks Advance After U.S. Rally; Oil Gains: Markets Wrap
Asian stocks rose Tuesday, spurred by a surge on Wall Street, after early results for an experimental vaccine sparked speculation economies could snap back quickly. Oil extended gains and Treasury ... ( read original story ...)
Asian Shares Firm on Hopes of Global Recovery; Japanese Economy Contracted
Asian traders saw this as a good sign for the global economy because it indicates demand may be picking up. Late Sunday (local time), Federal Reserve Chairman Jerome Powell took a cautious line in an ... ( read original story ...)
Japan Government to Delay Budget Request Deadline to End-Sept: Finance Minister
Japanese Finance Minister Taro Aso said on Tuesday that his ministry would postpone the deadline for budget requests to Sept. 30 as the government focuses on responses to the coronavirus. ( read original story ...)
iPhone crypto hid al-Qaida link to naval base shooting, AG fumes
Included in the unearthed data were conversations with a known operative of AQAP, or al-Qaida in the Arabian Peninsula, and a will that explained his motivations for the killings. The AQAP later ... ( read original story ...)
Hedge Fund That Timed Big Short and Crypto Rally Eyes Venezuela
Venezuela’s bond market has been rocked over the past few years by defaults, sanctions and a collapse in crude oil prices. Yet the disastrous cocktail is attracting hedge funds including London’s ... ( read original story ...)
Europe’s supercomputers hijacked by attackers for crypto mining
"The NCSC works with the academic sector to help it improve its security practices and protect its institutions from threats." Also on 11 May, another attack shut down five supercomputers in Germany. ( read original story ...)
Glencore, Tohoku Electric set coal contract price at $68.75/T -Nikkei
Global miner Glencore Plc and Japan's Tohoku Electric Power agreed on a price of $68.75 per tonne for supplies of thermal coal from Australia for the year through March 2021, the Nikkei business daily ... ( read original story ...)
Tokyo stocks gain as virus cases slow in Japan, but U.S.-China tensions weigh
Japanese shares rose on Monday as signs of a slowdown in coronavirus infections raised optimism that the government would soon ease restrictions in additional prefectures, although escalating ... ( read original story ...)
Japan Post Bank Tumbles Most on Record on Weak Forecast
Japan Post Bank Co. plunged by a record in Tokyo on Monday after it forecast profit that missed analysts’ expectations, failed to give guidance on dividend payments, and booked paper losses on some ... ( read original story ...)
Japan Post Bank Shares Tumble Most on Record After Earnings
Japan Post Bank Co. fell by a record in Tokyo on Monday morning after reporting earnings that included large paper losses on structured credit products, and forecasting a drop in profit this year.The ... ( read original story ...)
Tokyo shares rise as virus cases slow in Japan, but U.S.-China tensions weigh
Tokyo stocks edged higher on Monday as signs of a slowdown in coronavirus infections raised optimism that Japan would soon ease restrictions in additional prefectures, although escalating Sino-U.S. ( read original story ...)