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Tag: banking

Posted on 15/11/2021

Japan’s largest bank MUFG forecasts annual net profit to hit record

Mitsubishi UFJ Financial Group Inc (MUFG) on Monday forecast record annual net profit, thanks to the release of cash from pandemic-related provisions as well as a drop in other credit-related costs. ( read original story ...)

Posted on 15/11/2021

Japan looking to beef up chip, storage battery sectors as part of stimulus plan

Japan's economic stimulus package will feature a plan to urgently strengthen the chip industry while the government will also formulate a strategy for storage batteries, trade minister Koichi Hagiuda ... ( read original story ...)

Posted on 15/11/2021

Japan’s Economy Shrinks More Than Expected as Supply Shortages Hit

Japan's economy contracted much faster than expected in the third quarter as global supply disruptions hit exports and business spending plans and fresh COVID-19 cases soured the consumer mood. While ... ( read original story ...)

Posted on 15/11/2021

Crypto trading puts pressure on bourses to open all hours

We’ll send you a myFT Daily Digest email rounding up the latest Trading technology news every morning. Nonstop trading in cryptocurrency markets is pushing traders of traditional assets towards ... ( read original story ...)

Posted on 15/11/2021

US IPO Watch: List of upcoming initial public offerings this week

Here is how to buy the stocks of international companies from India after they get listed on the US stock exchanges. ( read original story ...)

Posted on 15/11/2021

Bank of Japan will closely monitor impact of Chinese economic slowdown: Kuroda

The Bank of Japan will closely monitor the impact of a recent slowdown in the Chinese economy as well as the risks of coronavirus pa ... ( read original story ...)

Posted on 15/11/2021

Japan’s 3Q21 GDP succumbs to covid restrictions

Like many other countries in Asia, Japan's latest GDP data demonstrate that Covid is still exerting a strong influence on the economy. Economic ... ( read original story ...)

Posted on 15/11/2021

BOJ Kuroda says weak yen not negative for Japan’s economy

Bank of Japan Governor Haruhiko Kuroda said on Monday the yen's recent declines were not particularly negative for the country's economy. ( read original story ...)

Posted on 15/11/2021

Elon Musk Shows Why Crypto’s Obsession With Meme Numbers Matters

No one can bring together a bunch of different memes like Elon Musk.Late on Sunday, the Tesla Inc. CEO and internet provocateur tweeted: ... ( read original story ...)

Posted on 15/11/2021

SoftBank closes in on lucrative gains from India’s IPO rush

SoftBank Group finds itself in position to reap a windfall from India's first wave of startup IPOs, which began in July and will roll on through early next year. When the numbers settle, they could ... ( read original story ...)

Posted on 15/11/2021

BOJ Kuroda: Japan economy to recover to pre-COVID level in 1st half of 2022

Bank of Japan Governor Haruhiko Kuroda said on Monday the country's economy was likely to recover to pre-coronavirus pandemic levels in the first half of 2022. "The economy's recovery has been ... ( read original story ...)

Posted on 15/11/2021

RPT-UPDATE 2-Japan’s economy shrinks more than expected as supply shortages hit

Japan's economy contracted much faster than expected in the third quarter as global supply disruptions and fresh COVID-19 cases hit business and consumer spending, raising challenges for the new ... ( read original story ...)

Posted on 15/11/2021

Stock market live: Asian stocks open higher despite Japan GDP contraction

Tokyo stocks opened higher on Monday following Wall Street gains, as investors digested data showing a worse-than-expected contraction of Japan's eco ... ( read original story ...)

Posted on 15/11/2021

Credit Suisse explains why Japan is its favorite developed market

Japanese stocks have lagged peers so far this year, but Credit Suisse's Suresh Tantia sees that trend reversing soon. ( read original story ...)

Posted on 15/11/2021

Japan’s economy contracts for first time in 2 quarters

Japan's economy contracted at an annualised rate of 3.0% in July-September from the previous quarter, government data showed on Monday, posting the first decline in two quarters as resurgent ... ( read original story ...)

Posted on 15/11/2021

Here’s One Advantage Crypto Has Over the Stock Market, According to Bloomberg Strategist Mike McGlone

Bloomberg Intelligence's senior commodity strategist Mike McGlone says crypto may have one big advantage over the stock market. The closely followed strategi ... ( read original story ...)

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