Battery material maker SK IE Co Ltd (SKIET) saw its stock drop on Tuesday, after debuting at double the price set during an initial public offering (IPO) which set a South Korean record for ... ( read original story ...)
Japan’s Nikkei 225 falls 2.2% after U.S. stocks decline overnight
U.S. markets fell overnight as investors exited Big Tech stocks including Microsoft and Apple. The Nasdaq composite suffered the largest loss, falling by 2.5%. ( read original story ...)
Two Japanese regional banks consider consolidating as margin pressures mount
Two regional banks in Japan's northern prefecture of Aomori said they were considering consolidating their businesses, joining a flurry of lenders seeking to survive amid narrowing margins from a ... ( read original story ...)
Bank Of Tokyo – Mitsubishi Ufj, Ltd Buys S&P 500 ETF TRUST ETF, Sells iShares Core S&P …
New York, NY, based Investment company Bank Of Tokyo - Mitsubishi Ufj, Ltd (Current Portfolio) buys S&P 500 ETF TRUST ETF, sells iShares Core S&P 500 ETF during the 3-months ended 2021Q1, according to ... ( read original story ...)
Tokyo shares open lower after Wall Street fall
Tokyo stocks opened lower on Tuesday following falls on Wall Street where high-tech shares were hit hard.About an hour into trade, the benchmark Nikkei 225 index was at 28,863. ( read original story ...)
Suga adviser under fire for downplaying COVID-19 situation in Japan
An economic adviser to Prime Minister Yoshihide Suga drew fire for downplaying the COVID-19 situation in Japan and dismissing calls t ... ( read original story ...)
Ethereum’s ether pushes past $4,000 for the first time – and one crypto analyst who correctly predicted this level now expects it to hit $10,000
The second-largest cryptocurrency by market value topped $4,000 on Monday. The rise in its value may partly be driven by VanEck filing for a US ETF last week. Crypto analyst Megan Kaspar predicted the ... ( read original story ...)
Ethereum vs. bitcoin: Which crypto could come out on top
Ethereum crossed above $4,000 to hit fresh records. Ari Wald of Oppenheimer and Quint Tatro of Joule Financial discuss the crypto space. ( read original story ...)
South Korea’s SKIET shares debut at double IPO price
South Korean battery material maker SK IE Technology Co Ltd (SKIET) saw its stock debut on Tuesday at double its initial ... ( read original story ...)
Tokyo’s Nikkei share average opens down 0.95 pct
Japan's benchmark Nikkei average opened down 0.95 percent at 29,238.56 on Tuesday, while the broader Topix shed 0.71 percent at 1,938.45. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)
InvestCloud Signs Pioneering Wealth Management Deal with MUFG, Japan’s Largest Bank
InvestCloud, an award winning global FinTech firm serving some of the largest banks, wealth managers and asset managers in the world, today announced the deployment of its Wealth Adviser Platform by ... ( read original story ...)
Probe finds 10 Japanese firms with possible links to Myanmar junta
At least 10 Japanese companies have direct business ties or have taken part in projects with Myanmar military-affiliated firms, according to a probe by a Kyodo News team. Such entities include the ... ( read original story ...)
The rotation from bitcoin into ether could point to a 2017-style correction in the crypto market, research firm says
The 2017 correction was preceded by the rapid rise of lesser known tokens following a peak in the price of bitcoin, similar to what has been seen this year. ( read original story ...)
The Hut Group strikes $1bn fundraising deal as Japanese tech investment giant SoftBank comes on board
E-commerce retailer The Hut Group (THG) has struck a $1bn fundraising deal which has valued its new business-to-business tech arm at $6.3bn - the same value that the whole company floated at last year ... ( read original story ...)
Japan gov’t debt rises by record ¥101 tril in FY2020
Japanese government debt rose 101.92 trillion yen ($940 billion) in fiscal 2020 to a record 1,216.46 trillion yen, showing the largest annual increase as a result of the fiscal response to the ... ( read original story ...)
Where are Japan’s neo banks?
However, there is no local Japanese equivalent for neo bank or challenger bank and that is because, despite being a pioneer in championing open banking, Japan has yet to see the emergence of a single ... ( read original story ...)