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Tag: banking

Posted on 21/09/2021

Bank of Japan policy meeting begins as supply disruptions, Suga resignation loom

The Bank of Japan on Tuesday began a two-day policy-setting meeting to assess economic risks from an extended COVID-19 state of emerg ... ( read original story ...)

Posted on 21/09/2021

Japanese finance minister says meeting budget target may take more time

Japan may need more time to meet its budget target of achieving a primary balance surplus by fiscal 2025, Finance Minister Taro Aso said on Tuesday, while stopping short of abandoning the elusive ... ( read original story ...)

Posted on 21/09/2021

Japan’s Nikkei drops more than 2% on Evergrande contagion fears

Nippon Steel down 3.39%, Panasonic 2.19% and Sony slipped 0.79% in early trading.. Read more at straitstimes.com. ( read original story ...)

Posted on 21/09/2021

What Can We Learn From Today’s Crypto Market Crash?

The global asset markets suffered a broad sell-off today. Interestingly enough, cryptocurrency prices declined along with those of stocks and commodities. Will this price correlation continue? ( read original story ...)

Posted on 21/09/2021

SEC vs. Ripple case could establish limit on agency’s future involvement in crypto regulation: sources

A seemingly esoteric legal battle involving the Securities and Exchange Commission and fintech startup Ripple Labs could provide clarity on how much authority the SEC has over regulating the $2.2 ... ( read original story ...)

Posted on 21/09/2021

Cramer urges investors to take some crypto profits, citing Evergrande-related tether risks

The "Mad Money" host expressed concerns about the health of tether, a stablecoin pegged to the U.S. dollar, due to Evergrande's financial struggles. ( read original story ...)

Posted on 21/09/2021

Coinbase drops as crypto joins broader markets in steep sell-off on China fears

Coinbase fell as much as 5.7% on Monday amid a broader sell-off in the crypto and stock markets. The dip in Coinbase shares coincided with steep drops in the prices of nearly all major ... ( read original story ...)

Posted on 21/09/2021

A 26-year-old crypto millionaire shows us the tools he uses to make the best trades and stay on top of tokens before they trend

Cooper Turley turned a five-figure investment into a $1 million-plus portfolio and says you won't find the next biggest token in public on Twitter. ( read original story ...)

Posted on 21/09/2021

The Wall Street debt machine pauses as China’s property woes rattle stocks, crypto, memes and more

The largest part of the nearly $10.6 trillion U.S. corporate bond market sat idle on Monday as investors watch for spillover from the debt woes of ... ( read original story ...)

Posted on 21/09/2021

Coinbase abandons plans for crypto lending program after spat with the SEC

Coinbase earlier this month said the SEC would likely sue the exchange if it were to launch its cryptocurrency lending program. ( read original story ...)

Posted on 21/09/2021

Japan’s Incubate Fund launches $147M fund for growth-stage startups

Incubate Fund announced on Tuesday that it has established a 16.1 billion yen (about $147 million) growth fund (known as IFGO). This is the sixth fund for the company since its first fund ... ( read original story ...)

Posted on 21/09/2021

Coupang Is Below Its IPO Price, But Does That Make It a Buy?

This South Korean e-commerce company’s share price continues to lose ground. CPNG stock is down 8% in the past month. Is it a long-term buy? More From InvestorPlace Stock Prodigy Who Found NIO at ... ( read original story ...)

Posted on 21/09/2021

SEC Should Amp Up Crypto Crackdown, Investor Advocates Say

Many cryptocurrency projects are flouting investor-protection rules and deserve more scrutiny, a group of investor advocates told Securities and Exchange Commission Chair Gary Gensler in a Monday ... ( read original story ...)

Posted on 21/09/2021

Japan’s Mitsubishi UFJ’s US unit gets cease-and-desist order from OCC

The Office of the Comptroller of the Currency (OCC) said on Monday it sent a cease-and-desist order to MUFG Union Bank NA, the U.S. unit of Japan's Mitsubishi UFJ Financial Group Inc, over the bank's ... ( read original story ...)

Posted on 21/09/2021

Japan Smaller Capitalization Fund, Inc. Announces Annual Meeting of Shareholders

Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it will hold its virtual-only 2021 Annual Meeting of Shareholders (the “Meeting”) on Monday, November 22, 2021, at 10:30 ... ( read original story ...)

Posted on 21/09/2021

Japan fights for lead in advanced chip and EV materials

Japanese manufacturers seek a bigger presence in advanced materials for chips and electric vehicles, a key export sector caught in the middle of great power competition between the U.S. and China. ( read original story ...)

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