Overnight stateside, the Dow Jones Industrial Average saw its best daily performance since November as it surged more than 450 points on the day. ( read original story ...)
Japan’s service sector slump deepens as COVID-19 emergency hits businesses
Japan's services sector shrank at the fastest pace in five months in January, as a heavy blow to demand from a resurgence in coronavirus infections and a state of emergency in parts of the country ... ( read original story ...)
News Navigator: Can Japan survive with more than $11 trillion in debt?
The Mainichi Shimbun answers some common questions readers may have about Japan's increasing debt of more than 1.2 quadrillion yen (about $11 trillion･･･ ... ( read original story ...)
Japan Services PMI Sinks To 46.1 In January – Jibun
The services sector in Japan continued to contract in January, and at a faster pace, the latest survey from Jibun Bank revealed on ... ( read original story ...)
Banking IT Spending Market Next Big Thing: Major Giants Cognizant, TCS, Hitachi, ATOS
The Banking IT Spending Market study is a perfect mix of qualitative and quantitative information and to get better understanding on how stats relates to growth, market sizing and share, the study is ... ( read original story ...)
GameStop, AMC slide as retail trading frenzy stalls
A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File Photo/ ... ( read original story ...)
Amazon unveils development plans for next phase of Virginia headquarters
The Amazon logo is pictured outside the company's JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid. ( read original story ...)
Crypto industry must keep scammers from stealing another $16 billion
Scams not only hurt the defrauded investors but taint credible, worthwhile projects as well. If unchecked, these kinds of scams can hold back the crypto industry from moving forward. ( read original story ...)
Why Crypto Markets Aren’t ‘All-to-All’ Either (and How They Can Be)
GameStop-Robinhood revealed inequalities in the retail equity trading system. Can crypto markets do better? They must. ( read original story ...)
Japan Finance Corporation — Moody’s announces completion of a periodic review of ratings of Japan Finance Corporation
Moody's announces completion of a periodic review of ratings of Japan Finance CorporationRead the full article ... ( read original story ...)
These Two Firms Want to Upgrade Crypto Infrastructure for Banks and Exchanges
Custody tech provider METACO and forex trading platform Cobalt have teamed up in a bid to rewire the financial system to handle crypto. ( read original story ...)
Should greater cooperation with Japan give investors confidence in China tech stocks?
New additions are coming to Japan and China’s ETF connectivity scheme in the spring, providing exposure to the nations’ tech sectors. ( read original story ...)
Market extends Budget rally; Sensex soars 1200 pts, Nifty over 14600
As per the provisional closing data, the barometer index, the S&P BSE Sensex, soared 1,197.11 points or 2.46% at 49,797.17. The Nifty 50 index surged 367.8 points or 2.58% at 14,649.80. ( read original story ...)
Japan’s SMFG third-quarter net profit drops 8.4% on credit-related costs
Japan's second-largest lender by assets, reported a 8.4% drop in third-quarter net profit on Tuesday primarily due to an increase in credit-related costs. ( read original story ...)
Japan shares gain as optimism around corporate earnings grows
Japanese stocks ended higher for a second consecutive session on Tuesday, recovering from last week's sharp sell-off, as growing optimism around domestic and U.S. corporate earnings boosted sentiment. ( read original story ...)
RPA startup UiPath raises $750 million
Robotic process automation startup UiPath has raised $750 million in a series F round valuing the company at $35 billion. ( read original story ...)