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Category: FINANCE

Posted on 01/02/2024

Ovialand may put on hold initial public offering–exec

Property developer Ovialand Inc. said it may defer its initial public offering (IPO) due to “choppy market conditions.” Pammy Olivares-Vital, the company’s president and CEO, noted that the company is ...

Posted on 01/02/2024

Japan’s Nomura announces major buyback after record investment banking revenue

Nomura Holdings said on Wednesday it would buy back up to 4% of its own shares after reporting record net revenue from its investment banking division, fuelled by buoyant fundraising deals in a stock ...

Posted on 01/02/2024

Here are the most crypto-ready cities in 2024: New York leads, Tokyo worst

New York has emerged as the most crypto-ready city in the world, while Tokyo ranked the least ready among the top 50, according to a 2024 study by Coinwire, which scrutinized and ranked cities based ...

Posted on 01/02/2024

Standard Chartered says this crypto price can double with regulatory boost near

The $800 billion asset manager predicted that the approval of new, institutional investment products will drive a price surge.

Posted on 01/02/2024

Options trading volume hits all-time high as this crypto sees price surge

Total trading volume reached nearly $20 billion this month on derivatives exchanges for a $285 billion digital asset.

Posted on 01/02/2024

George Osborne joins Coinbase as crypto firm faces US court fight

Appointment of former UK chancellor comes as regulator sues operator over claims it flouted rules ...

Posted on 01/02/2024

US: Two Charged In $1.89 Billion Crypto Fraud Scheme, Third Member Pleads Guilty

Authorities in the United States charged Monday three individuals tied to a US$1.89 billion cryptocurrency fraud scheme, in which two of them allegedly defrauded investors through fake crypto mining ...

Posted on 31/01/2024

Crypto heads toward 2024 election with $85 million war chest

The industry is making a play for legitimacy, with billions of dollars flowing into bitcoin ETFs and now — millions into PACs ...

Posted on 31/01/2024

With Crypto, COVID and SPAC Claims on the Wane, What Had Securities Class Action Filings Ticking Up in 2023?

It seems like we give the practice short shrift, especially considering that it generates hundreds of new cases per year and it is so central to many Big Law litigation shops. So, we’re going to try ...

Posted on 31/01/2024

SEC asks to dismiss contested crypto case in which agency faces sanctions over ‘materially false’ statements

SEC asks to dismiss contested crypto case in which agency faces sanctions over ‘materially false’ statements ...

Posted on 31/01/2024

Japan’s Nikkei records strongest January performance in more than 20 years

In a remarkable turn of events on Wednesday, the Japanese Nikkei index achieved its most robust January performance in 26 years. Overcoming early dec ...

Posted on 31/01/2024

As the Nikkei 225 index surges, is Bank of Japan a risk?

The Nikkei 225 index continued rising even as hopes of a Bank of Japan (BoJ) will start hiking interest rates rise. The index, which tracks the biggest companies in Japan, soared to a high of ¥36,280, ...

Posted on 31/01/2024

Tokyo Gas ups profit, dividend forecast ahead of Q3 results

Japan's Tokyo Gas on Wednesday raised its net profit and dividend forecast for the year ending in March 2024, ahead of posting third quarter results later this week.

Posted on 31/01/2024

Japan’s Nomura reports 24% drop in Q3 net profit, but core businesses strong

Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Wednesday a 24% drop in quarterly net profit largely reflecting the one-off gains that boosted year-earlier earnings.

Posted on 31/01/2024

Japan Inc opens door to more women directors, but managers remain rare

Mitsuko Tottori's appointment as Japan Airlines' next president makes her something of a rarity in Japan - a female head of a well known company. While Japanese firms have rapidly lifted the number of ...

Posted on 31/01/2024

Japan’s Nikkei shakes off chip blues to post best January since 1998

Japan's Nikkei share average notched its best January in 26 years after shaking off early chip-led declines on Wednesday. The Nikkei recovered from losses as steep as 1% in early trading to end the ...

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