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Month: June 2021

Posted on 08/06/2021

Paytm’s path to IPO: Tracking a 2-decade journey of pivots

This is not One97's first attempt to go public. In 2010, the company, which then used to provide value-added services (VAS) for telecom customers planned to raise Rs 120 crore through an IPO. ( read original story ...)

Posted on 08/06/2021

Japan stocks lower at close of trade; Nikkei 225 down 0.19%

Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.19%. The best ... ( read original story ...)

Posted on 08/06/2021

Japan Ruling MPs Seek Emergency Clause for Constitution Amid Pandemic Response Discontent

Ruling party lawmakers in Japan, where lockdowns mostly entail voluntary compliance, hope the COVID-19 pandemic will build momentum to amend the post-war constitution and give the cabinet broad powers ... ( read original story ...)

Posted on 08/06/2021

NFT interest growing in Japan, but legal worries persist

While the local NFT market is still in its infancy, there has already been a battle among businesses to team up with popular intellectual-property holders. ( read original story ...)

Posted on 08/06/2021

Paytm IPO: Ahead of public issue, company invites shareholders to dilute stake

Paytm's existing shareholders, including institutional investors such as China’s Ant Group, Japan’s Soft-Bank, T Rowe Price and Elevation Capital, can use the OFS option to dilute their stake in the ... ( read original story ...)

Posted on 08/06/2021

Tokyo’s Nikkei share average closes down 0.19 pct

Japan's benchmark Nikkei average closed down 0.19 percent at 28,963.56 on Tuesday, while the broader Topix gained 0.09 percent at 1,962.65. TOKYO, June 8 (Reuters) - Japan's benchmark Nikkei average ... ( read original story ...)

Posted on 08/06/2021

Japan economy shrinks in first quarter – but less than expected

Economy contracted 3.9 percent, with the virus affecting personal consumption, posing the first fall in three quarters. ( read original story ...)

Posted on 08/06/2021

Japan’s MUFG reports ATM troubles because of system glitch

The main banking unit of Mitsubishi UFJ Financial Group Inc said on Tuesday about 180 ATMs were not working in the morning due to a system glitch, ... ( read original story ...)

Posted on 08/06/2021

Factbox-Tokyo Olympics in the Shadow of Coronavirus

As the clock ticks down to the opening of the Tokyo Olympics on July 23, Japan is preparing to host a Games like no other in history, as it grapples with the coronavirus pandemic. Although the global ... ( read original story ...)

Posted on 08/06/2021

Japan Finance Minister says G7 clinches ‘historic’ deal on minimum global tax

The Group of Seven (G7) advanced countries has struck a "historic" agreement for a minimum global corporate tax of at least 15%, raising momentum for a wider deal among the G20 major economies, ... ( read original story ...)

Posted on 08/06/2021

Tokyo warned locals pose greater virus risk to Olympics than visitors

Although public anxiety in Japan focuses on the 100,000 athletes, trainers, officials and reporters who have begun to arrive, epidemiologists said the greatest risk was a change in public behaviour. ( read original story ...)

Posted on 08/06/2021

Naomi Osaka among a new generation of tennis stars opening up about racism and mental health

When she dropped out of the French Open, citing her mental health, she exerted her agency as a player in a sport that has long seemed hostile to Black athletes. ( read original story ...)

Posted on 08/06/2021

‘A New Space Race Has Begun’—Amid Crypto Price Mayhem, Elon Musk Doubles Down On Dogecoin Plan To Beat Bitcoin To ‘The Moon’

Bitcoin and cryptocurrency prices, including Telsa billionaire Elon Musk's pet project dogecoin, have struggled over the last month. The dogecoin price, after climbing many thousands of percent in the ... ( read original story ...)

Posted on 08/06/2021

Nikkei falls as market heavyweights offset gains in drugmakers

Japan's stock index Nikkei changed course and inched down on Tuesday, as losses in market heavyweights offset gains in drugmakers after Eisai Co's 4523.T Alzheimer drug received U.S. nod. Nikkei share ... ( read original story ...)

Posted on 08/06/2021

UPDATE 1-Japan’s bank lending growth slows sharply as pandemic hit subsides

TOKYO, June 8 (Reuters) - Growth in Japan’s bank lending slowed sharply in May as corporate demand for funds subsided, data showed on Tuesday, a sign the economy is steadily emerging from last year’s ... ( read original story ...)

Posted on 08/06/2021

Japan Finance Minister says G7 reaches ‘historic’ deal on minimum global tax

TOKYO: The Group of Seven (G7) advanced countries has struck a "historic" agreement for a minimum global corporate tax of at least 15 per cent, ... ( read original story ...)

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