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Posted on 31/08/2020

Japan shares jump on hopes Abe successor may continue current policies

Japanese shares bounced back on Monday, recovering from sharp losses seen in the previous session, as concerns about Prime Minister Shinzo Abe's resignation were tempered by speculation that his ... ( read original story ...)

Posted on 31/08/2020

Japan Industrial Output Rises for Second Month but Retail Sales Fall Again

Japan's factory output rose for a second straight month in July, signaling a gradual recovery from the blow delivered by the coronavirus pandemic. But retail sales fell for a fifth straight month and ... ( read original story ...)

Posted on 31/08/2020

Japan looks to AI as coronavirus challenges go-and-see quality control mantra

At a factory south of Japan's Toyota City, robots have started sharing the work of quality-control inspectors, as the pandemic accelerates a shift from Toyota's vaunted "go and see" system which ... ( read original story ...)

Posted on 31/08/2020

Japan’s PM Candidate Kishida Cautious About Cutting Sales Tax

"The sales tax is a source of revenue to pay for Japan's social welfare burden...," Kishida told a television programme, when asked if he opposed cutting it from the current 10% rate. "Cutting the tax ... ( read original story ...)

Posted on 31/08/2020

A Niche Crypto Just Blew Past The Bitcoin Price All-Time High—Up 3,500% In Just One Month

The bitcoin price, up around 40% since the beginning of 2020, has been left in the dust by the gains made some DeFi projects—including yearn.finance (YFI) that's up a staggering 3,500% in just a ... ( read original story ...)

Posted on 31/08/2020

Dollar Set for Fourth Monthly Drop; Yen Steadies on Reports of Suga Run for PM

The dollar was poised to register its fourth consecutive monthly decline on Monday, its longest streak since the summer of 2017, while the yen steadied after a longtime lieutenant of Shinzo Abe ... ( read original story ...)

Posted on 31/08/2020

Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto

Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that's an opportunity for the crypto industry. ( read original story ...)

Posted on 31/08/2020

What The Market Is Saying About Shinzo Abe’s Resignation In Japan

The next prime minister will be decided on sometime in September and it is expected that a candidate who shares Abe’s economic views will replace him. The continuity of “Abenomics” policies should ... ( read original story ...)

Posted on 31/08/2020

Grayscale, The World’s Largest Bitcoin And Crypto Asset Manager, Has A Massive ‘Premium’ Problem

Grayscale launched two new cryptocurrency funds last week, a litecoin trust and a bitcoin cash trust, with demand driving one of the funds to a staggering 1,000% ... ( read original story ...)

Posted on 31/08/2020

Shinzo Abe’s Lesson for U.S.: Leaning on a Central Bank Has Its Limits

Japan’s next leader will face a question many other countries are now grappling with because of the coronavirus pandemic: How much can central banks do to pull economies out of a deep malaise? ( read original story ...)

Posted on 31/08/2020

Japan’s Eneos to hasten refinery consolidation as virus slams demand at home

Japan's biggest oil refiner Eneos Holdings Inc will hasten its transformation into a supplier of low-carbon energy and materials as domestic oil demand drops more than expected due to the COVID-19 ... ( read original story ...)

Posted on 30/08/2020

Institutional crypto interest hasn’t been affected by COVID-19

In a world where almost every asset has shown vulnerability, digital assets have proven themselves to be reliable. ( read original story ...)

Posted on 30/08/2020

Japan’s Suga to join race to succeed PM Abe – Kyodo

Japan's Chief Cabinet Secretary Yoshihide Suga intends to run in the ruling party leadership race to succeed Prime Minister Shinzo Abe, Kyodo news agency reported on Sunday, citing an unnamed source. ( read original story ...)

Posted on 30/08/2020

Naomi Osaka withdraws from Western & Southern final with hamstring injury

Naomi Osaka, who was to play in the finals of the Western & Southern Open on Saturday, has withdrawn from the tournament with a hamstring injury. Her opponent, Victoria Azarenka, took the title by ... ( read original story ...)

Posted on 30/08/2020

The Great Reset and accredited investors: Bad crypto news of the week

World leaders have been discussing the role of cryptocurrencies during The Great Reset, the time that will follow the end of the pandemic and the reopening of world economies. As some leaders look for ... ( read original story ...)

Posted on 30/08/2020

Shinzo Abe decided to go all out on Donald Trump. He’s probably regretting it now.

The Japanese prime minister discovered that friendship with President Trump doesn't necessarily bring benefits ... ( read original story ...)

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