Facebook gets a price-target upgrade from Guggenheim on expected strong digital ad and e-commerce revenue as the social network preps its cryptocurrency launch. ( read original story ...)
How Palantir’s early experience in Japan helped set up its successful IPO
If you get Japan right, you’re going to be a more disciplined, better company for it, write Phil Wickham and Koichiro Nakamura. ( read original story ...)
Latin American Crime Cartels Turn to Crypto to Clean up Their Cash
The cryptocurrency is emerging as a new front in Latin America's struggle against gangs battling for control of vast criminal markets for sex, drugs, guns and people, according to law-enforcement ... ( read original story ...)
Tokyo’s Nikkei Closes Down For Third Straight Session
Tokyo's benchmark Nikkei index fell for a third consecutive session on Tuesday, tracking falls on Wall Street as investors monitored prospects for additional US stimulus spending. ( read original story ...)
Japan announces $708bn in fresh stimulus as COVID-19 cases rise
Japan announces a fresh stimulus package worth $708bn even as new COVID-19 cases cast a shadow on better GDP data. ( read original story ...)
Japan stimulus package will likely boost GDP by around 3.6%, Suga says
Japan's latest economic stimulus package to help the country recover from its coronavirus-driven slump will likely boost gross domestic product by around 3.6%, Prime Minister Yoshihide Suga said on ... ( read original story ...)
Japan shares slip for third day; all eyes on U.S. stimulus debate
Japanese shares ended lower for the third straight session on Tuesday, as a month-long rally ran out of gas, with investors awaiting U.S. lawmakers' decision on a fresh COVID-19 pandemic relief ... ( read original story ...)
Japan unveils $954b in fresh stimulus with eye to post-COVID growth
The new package will include about $906.5 billion in direct fiscal spending and initiatives targeted at reducing carbon emissions and boosting adoption of digital technology. ( read original story ...)
Japan’s October current account surplus grows 15.7% to ¥2.14 trillion
The country's current account surplus expanded 15.7% in October from a year earlier to ¥2.14 trillion ($20 billion), helped by a rise in the trade account ... ( read original story ...)
Japan to make hydrogen major power source by 2030: Nikkei
Japan will aim to make hydrogen a power source viable enough to produce the output of more than 30 nuclear reactors by 2030, the Nikkei newspaper reported on Tuesday. ( read original story ...)
Japan Overall Bank Lending Climbs 6.3% On Year In November
The value of overall bank lending in Japan was up 6.3 percent on year in November, the Bank of Japan said on Tuesday - coming in at ... ( read original story ...)
TABLE-Japanese businesses least gloomy in 10 months in Dec – Reuters Tankan
Sentiment among Japanese manufacturers and service-sector firms in December improved to its least pessimistic since February, as businesses eyed a slow and bumpy recovery from COVID-19 disruptions, a ... ( read original story ...)
Japan to Compile Nearly $200 Billion Third Extra Budget: Government Source
Japan's government will compile a third extra budget for the current fiscal year worth around 20.1 trillion yen ($192 billion) as part of steps to fund a fresh economic stimulus package, a government ... ( read original story ...)
Japan’s Consumer Spending Recovering but Economy Not Back to Pre-Pandemic Level: Econmin
Japanese consumer spending is recovering but the overall economy has not returned to its pre-coronavirus level, Economy Minister Yasutoshi Nishimura said on Tuesday. Nishimura, speaking to reporters, ... ( read original story ...)
Japan’s economy grows 22.9% in third quarter, bouncing back from COVID shocks
Japan has reported its economy expanded at a 22.9% annual rate in the last quarter, as businesses and personal spending recovered from pandemic-related shocks in the spring and early summer. ( read original story ...)
Japan Has Y2,144.7 Billion Current Account Surplus
Japan had a current account surplus of 2,144.7 billion yen in October, the Ministry of Finance said on Tuesday - up 15.7 percent on ... ( read original story ...)