Tag: banking

The automotive IPO craze doesn’t show any signs of slowing down and a new report suggests Porsche could join the likes of Polestar and Rivian. Citing two people familiar with the matter, Reuters is ... ( read original story ...)

At closing bell, the 225-issue Nikkei Stock Average advanced 405.02 points, or 1.42%, to 28,860.62. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 12.39 points, ... ( read original story ...)

Introduces new shared hosting with ultra-low latency connectivity to this major Asia-Pacific liquidity poolNEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Pico, a leading provider of mission critical ... ( read original story ...)

Immediately after listing, the shares of the Twitter-like Chinese application, Weibo, fell by more than 6% at $272.80 Hong Kong dollars ($34.98) per share. ( read original story ...)

The Nikkei share average jumped 1.4 per cent to end at 28,860.62, its highest close since Nov. 25, though it met a resistance around 28,910, where it has its 50-day and 200-day moving averages. ( read original story ...)

US financial regulators should provide more clarity on how cryptocurrency groups will be policed before punishing their alleged missteps, according to a member of the US Commodity Futures Trading ... ( read original story ...)

The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients and partners under its ... ( read original story ...)

Visa is launching new consulting and advisory services to help its clients navigate the world of cryptocurrencies. ( read original story ...)

Japan's economy is likely to show a clearer recovery in the second half of next year but there is "huge uncertainty" over the outlook including from the spread of the Omicron COVID-19 variant, Bank of ... ( read original story ...)

The sector outlook for Japanese auto loan ABS and apartment loan CMBS is neutral, Fitch Ratings says. The neutral ... ( read original story ...)

Japan will deny certain tax breaks to big companies that don't hike wages and boost deductions for those that do, as part of efforts to raise salaries in the country, a final draft of the ruling party ... ( read original story ...)

Intel Corp plans to list shares of its Mobileye self-driving car business by the middle of next year, letting the chipmaker capitalise on its investment in a burgeoning industry. Intel will remain the ... ( read original story ...)

Brett Biggs said there is no specific timeline to Flipkart's initial public offering even as the online retailer is on its path to profitability. "The (Flipkart) business is performing almost exactly ... ( read original story ...)

Japanese bank lending in November rose 0.6% from a year earlier, data showed on Wednesday, slowing from the previous month's pace in a sign corporate funding strains continued to ease as the economy ... ( read original story ...)

One financial adviser has made a stark bitcoin and crypto price prediction, warning cryptocurrency "is one of the biggest bubbles ever" and when it bursts "it's going to be ... ( read original story ...)

Top executives from six cryptocurrency firms will on Wednesday tell Congress to tread lightly in imposing new rules on digital assets - or risk sending activity underground or outside the United ... ( read original story ...)