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Tag: banking

Posted on 05/10/2021

Bank Of America Bullish On Bitcoin, Says Crypto Market Too Large To Ignore

Wall Street banking giant Bank Of America called blockchain the “most exciting new market in years” in a new research report. What Happened: On Monday, BofA published a digital asset primer stating ... ( read original story ...)

Posted on 05/10/2021

New Japan finance chief vows to set course for fiscal consolidation

New Japanese Finance Minister Shunichi Suzuki said Tuesday the government should draw up a road map for achieving fiscal soundness as ... ( read original story ...)

Posted on 05/10/2021

Japan’s cloud-based CCTV solution provider Safie hits $1.6B market cap after IPO

See the original story in Japanese. Tokyo-based Safie (TSE: 4375), the Japanese startup offering cloud-based CCTV solutions, went public on the TSE Mothers market on Wednesday. The company has ... ( read original story ...)

Posted on 05/10/2021

Globalfoundries bets on chip ‘onshoring’ demand ahead of IPO

Top U.S. contract chipmaker Globalfoundries is betting the trend for semiconductor "onshoring" will help it win over clients and investors as the loss-making company prepares for an initial public ... ( read original story ...)

Posted on 05/10/2021

SMALL-CAP WINNERS & LOSERS: Japan investors track Tokyo’s Nikkei lower

The transport and logistics services firm reports strong revenue growth in six months to September 30, and is on track to report full-year profit in line with market forecasts. "Wincanton continues to ... ( read original story ...)

Posted on 05/10/2021

Gaffe-prone Aso leaves legacy, challenges after nearly 9-yr tenure as Japan finance czar

Longest-serving postwar Finance Minister Taro Aso, who was in office for eight years and nine months, retired from the position on Oct. 4, as ... ( read original story ...)

Posted on 05/10/2021

Japan Touts New Capitalism But New Finance Chief Sounds The Same

Japanese Finance Minister Shunichi Suzuki said the nation’s incoming government will seek a new type of capitalism that helps tackle wealth inequality, but on questions around the sales tax, debt and ... ( read original story ...)

Posted on 05/10/2021

Suzuki Touts Japan’s New Capitalism But Sounds Like Old Regime

Japanese Finance Minister Shunichi Suzuki said the nation’s incoming government will seek a new type of capitalism that helps tackle wealth inequality, but on questions around the sale tax, debt and ... ( read original story ...)

Posted on 05/10/2021

Japan’s new ministers vow bold action for pandemic-hit economy

Japan’s new finance and economy ministers vowed on Tuesday to take bold policy action to revitalise the pandemic-hit economy, a sign that fiscal and monetary stimulus will remain intact under a ... ( read original story ...)

Posted on 05/10/2021

China’s Biggest Crypto Platform Knows There’s No Going Home

Hours before China issued its sweeping ultimatum against cryptocurrency trading, the industry’s last remaining giant player had already decided to call it quits.Huobi founders and backers voted ... ( read original story ...)

Posted on 05/10/2021

Beijing vs bitcoin: why China is cracking down on crypto

Supporters champion a digital currency beyond the control of a central authority — but an authoritarian government is putting that idea to the test ... ( read original story ...)

Posted on 05/10/2021

Fertiglobe joint venture of OCI-ADNOC plans IPO of 13.8% stake

Abu Dhabi National Oil Company (ADNOC) and chemical producer OCI N.V. OCI.AS plan an initial public offering of 13.8% of the shares in fertiliser joint venture Fertiglobe on the Abu Dhabi Securities ... ( read original story ...)

Posted on 05/10/2021

Japan’s Nikkei 225 slumps 2% following Wall Street losses; European markets set to open in green

Asian markets fell in Tuesday session following overnight losses on Wall Street. In Japan, the Nikkei 225 dropped over 2%, as shares of Fast Retailing tanked over 6.5%. The Topix index also declined 2 ... ( read original story ...)

Posted on 05/10/2021

Nikkei slides to 1-month low as inflation fear hits growth stocks

Japanese shares tumbled to one-month lows on Tuesday, with growth-oriented shares hit hard, as spikes in oil prices stoked further worries about inflation and monetary tightening globally. Nikkei ... ( read original story ...)

Posted on 05/10/2021

Is it time to invest in Japan and its ‘cheap’ stock market?

Japan's stock market has had a year of ups and downs but some investors believe it continues to look cheap and potentially offers a lucrative opportunity. ( read original story ...)

Posted on 05/10/2021

Nikkei 225 Forecast as it Crashes Into a Correction Zone

The Nikkei 225 index crashed into a bear zone as investors reacted to the rising crude oil prices and the country’s new president. ( read original story ...)

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