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Posted on 08/05/2020

Warner Music’s Streaming up 11% in Tough Quarter

While its streaming numbers were strong, Warner Music’s earnings took a hit during the second fiscal quarter of 2020 as the coronavirus pandemic wreaked havoc on the economy. The company has ... ( read original story ...)

Posted on 08/05/2020

Isofol’s Board of Directors Resolve on a Fully Guaranteed Preferential Rights Issue of Approximately SEK 150 Million

PRNewswire/ -- Isofol Medical AB's (publ) (Nasdaq First North Premier Growth Market: ISOFOL) ("Isofol" or the "Company") Board of Directors have today, pursuant to the authorization granted by the ... ( read original story ...)

Posted on 08/05/2020

China Market Update: Bargain Hunters Lift Hong Kong

Alibaba HK (9988 HK) was the most heavily traded stock today off -0.63% as short selling increased on speculation that US-listed shares were being converted to Hong Kong shares to be sold. ( read original story ...)

Posted on 08/05/2020

Lotte chief likely to push for Hotel Lotte IPO to win power struggle

Lotte Group Chairman Shin Dong-bin is likely to accelerate the initial public offering of its key subsidiary Hotel Lotte to consolidate his grip on the multinational group’s South Korean entities amid ... ( read original story ...)

Posted on 08/05/2020

Tokio Marine to use Tractable’s AI to analyse auto damage across Japan

Tokio Marine, one of the world's largest property and casualty insurers*, is to use an AI solution to process auto damage across its ... ( read original story ...)

Posted on 08/05/2020

How lax rules, missed warnings led to Japan’s 2nd virus cruise ship hot spot

Seven days before Japan quarantined a cruise ship in Yokohama early this year, in what became one of the first coronavirus hot spots outside China, another cruise ship docked in southern Japan. For ... ( read original story ...)

Posted on 07/05/2020

Why Your Crypto Exchange Tax Documents Might Not Be Accurate

All major exchanges face a tax reporting challenge stemming from one of cryptocurrency’s core features: transferability. ( read original story ...)

Posted on 07/05/2020

SoftBank writes down WeWork by $6.6 billion, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds ... ( read original story ...)

Posted on 07/05/2020

SoftBank Expects Up To $6.6B Loss From WeWork Over The Past Year

On the portion of its WeWork investment held outside its Vision Fund, SoftBank said it expects a loss of what works out to be $6.6B for the year ending March, Reuters reports . “Every writedown takes ... ( read original story ...)

Posted on 07/05/2020

News Corp Australia Partners with Flybuys; US Local Media Advertising Down 3.6%

News Corp Australia partners with customer loyalty platform Flybuys to bolster its audience segments; US local media advertising is expected to fall by 3.6% as Coronavirus keeps live sports on hold; ... ( read original story ...)

Posted on 07/05/2020

Other Media | SalmonBusiness: Salmones Austral gets IPO approval, but can’t list until COVID 19 calms down

Chilean salmon farmer plans to list on the Santiago Stock Exchange. Aqua.cl reports that Salmones Austral has been given the nod from the Financial Market Commission (CMF) to register its company and ... ( read original story ...)

Posted on 07/05/2020

Naotsune Alliance to Open a New Office Location in Hong Kong

Naotsune Alliance, a financial advisor for the world of business that provides discretionary investment advisory services for individual clients, wealthy families, institutional investors and ... ( read original story ...)

Posted on 07/05/2020

Japan approves Gilead Sciences’ remdesivir as COVID-19 drug

Japan has approved Gilead Sciences Inc's remdesivir as a treatment for COVID-19, the health ministry said on Thursday, making it the country's first officially authorised drug for the disease. ( read original story ...)

Posted on 07/05/2020

Osaka governor draws rebuke from Tokyo for hinting at lack of guidance

Gov. Yoshimura’s choice of words has been criticized by minister Yasutoshi Nishimura, who is also in charge of overseeing virus containment measures. ( read original story ...)

Posted on 07/05/2020

Coronavirus-wary Japan tries to take business card ritual online

Japan's time-honoured ritual of exchanging business cards face-to-face is under pressure as the government promotes a "new lifestyle" to combat the coronavirus. ( read original story ...)

Posted on 07/05/2020

Three US Marines subdue disruptive passenger on Japan-to-Texas flight: report

Three fast-responding U.S. Marines are being credited with subduing a disruptive passenger Monday during a flight from Tokyo to Dallas. ( read original story ...)

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