Tag: banking

One of the largest tech investors globally, SoftBank, is investing $146 million in the South Korean AI company Qraft Technologies to help it expand into the U.S. ( read original story ...)

While the market open looks positive, investors will want to take note of Fed Chairman Jerome Powell’s testimony in front of the Senate Banking Committee at 10 AM ET this morning. While Powell's ... ( read original story ...)

SuMi joins existing investors New Investment Solutions and NXC Corporation in the equity round, taking DMI Finance’s total equity base to $500 million (approximately ₹3,700 crore) ... ( read original story ...)

Rise in demand for smartphones, tablets, and other electronic devices drives the growth of the Japan mobile battery market. However, the offline segment held the largest share in 2020, accounting for ... ( read original story ...)

The world’s second-biggest gold miner is confident prices will hold firm this year, if not rise, as investors use the metal rather than cryptocurrencies to hedge against inflation and jewelry demand ... ( read original story ...)

A cryptocurrency CEO has become one of the richest people on Earth. Changpeng "CZ" Zhao, who runs the crypto exchange Binance, has joined the ranks of the world's top billionaires, with an estimated ... ( read original story ...)

ATEO, a leading provider of post trade solutions for financial markets, now offers connectivity to several crypto exchanges, yield and custodian platforms. The ever-increasing interest in ... ( read original story ...)

Tuesday's session in Asia followed overnight declines in the U.S. where the Dow Jones Industrial Average and S&P 500 fell. ( read original story ...)

Inflation expectations for Japanese households jumped to the highest in 13 years, showing how costlier energy is influencing sentiment even as overall price gains remain far below the Bank of Japan’s ... ( read original story ...)

DMI Finance, the NBFC arm of the DMI Group has raised $47 Mn in an equity round led by Sumitomo Mitsui Trust Bank. ( read original story ...)

Delhi-based DMI Finance Private Ltd (DMI Finance) has raised $47 million (Rs 352 crore) in equity investment from Sumitomo Mitsui Trust Bank Ltd and others to support business growth plans. DMI ... ( read original story ...)

Remote work and a surge of wealth created by cryptocurrency are fueling demand for luxury homes, according to a report. ( read original story ...)

Yesterday, we wrote about Norton’s Crypto software, which allows users to mine Ethereum directly via Norton’s security software via a simple to use interface. We talked about the many concerns that ... ( read original story ...)

The decentralised and transparent nature of crypto will make them the enablers of a fraud-proof, incorruptible and secure financial system. ( read original story ...)

The shares bought by ANT Group, an associate company of Alibaba, just before the IPO had lost nearly ₹16,012 crore (over $2 billion) of their value in the first two months of Paytm’s listing.The ... ( read original story ...)

Japan's Nikkei index ended about 1% down on Tuesday, tracking Wall Street's weak finish overnight amid caution about the U.S. Federal Reserve's possible rate increase as soon as March, while higher ... ( read original story ...)