Raghuram Rajan, a professor of finance at the University of Chicago, says prolonged quantitative easing will shorten government debt maturity and exposes the fiscal risks to interest rate hikes. ( read original story ...)
Japan’s Q2 economic rebound likely feeble as COVID-19 impact persists
Japan's economy likely recovered slightly in the second quarter from a steep slump at the start of the year, a Reuters poll showed, as solid exports and capital expenditure cushioned some of the blow ... ( read original story ...)
Devyani International IPO Subscription Status, Share Price, Review, Likely Listing, Allotment Dates
Devyani International IPO subscription is closing today. The three-day subscription period for the initial public offering of Pizza Hut, KFC and Costa Coffee operator began on August 4. Also Read - ... ( read original story ...)
Japan Airlines comes back from the brink
Japan Airlines made a modest market return, with its shares closing 1% above the price set for the world's second-biggest IPO of the year. . Japan Airlines comes back from the brink . Airlines ... ( read original story ...)
Nikkei edges higher, set for best week since May-end on strong earnings
The Nikkei stock average inched higher on Friday, on track for its best weekly jump in more than two months on strong earnings, but broadly markets were mixed as traders adjusted positions ahead of ... ( read original story ...)
Crypto Market Price Suddenly Soars Toward $2 Trillion—Could Ethereum Be About To ‘Flip’ Bitcoin?
As ethereum's rally accelerates, leaving the bitcoin price in the dust, some in the crypto industry are predicting ethereum could overtake bitcoin as the world's biggest cryptocurrency by ... ( read original story ...)
JPMorgan, led by bitcoin skeptic Jamie Dimon, quietly unveils access to a half-dozen crypto funds
The moves, on the heels of similar steps from Morgan Stanley and Goldman Sachs, makes it clear that Wall Street's reluctance to deal with crypto is over. ( read original story ...)
Bukalapak set to debut on Indonesia Stock Exchange
Bukalapak, one of Indonesia's leading e-commerce platforms, debuts Friday on the Indonesia Stock Exchange in Jakarta, becoming the first unicorn -- a startup valued at more than $1 billion -- from the ... ( read original story ...)
Tokyo Olympics live updates: Gold on the line in beach volleyball; US looks to extend win streak in women’s basketball
Ross, Alix Klineman take on Australia for beach volleyball gold medal; U.S. women face Serbia in both basketball, volleyball semifinals. ( read original story ...)
Tokyo Olympics schedule: U.S. takes on Serbia for chance at women’s basketball gold-medal game
A semifinal win would keep the U.S. women's basketball team's 53-game win streak alive and give them a chance at a seventh straight gold medal. ( read original story ...)
Coinbase CEO Brian Armstrong says proposed crypto tax rules ‘make no sense’ and will push innovation out of the US
"This makes no sense," Armstrong said. "This provision could have a profound negative impact on crypto in the US and unintentionally push more innovation offshore." ... ( read original story ...)
Policybazaar files DRHP with Sebi for Rs 6,000-crore IPO
Mumbai: PB Fintech, parent entity of online marketplaces Policybazaar and Paisabazaar, has filed its draft red herring prospectus (DRHP) with markets regulator Sebi to raise Rs 6,017 crore ($809 ... ( read original story ...)
The IPO Delug: Gold Rush Or Fool’s Rush?
Prabal Basu Roy - Riding a tiger is a dangerous game with gray rhinos lurking around, , ipo market, ipo bidding, initial public offering, stockmarket ... ( read original story ...)
Japan’s Mizuho Joins Wall Street in Six-Figure Junior Banker Pay
Mizuho Financial Group Inc. became the latest lender to raise pay for its U.S. junior bankers, according to people familiar with the matter. ( read original story ...)
A ‘significant’ upgrade to Ethereum activated today that will impact its supply—here’s what crypto investors should know
A major upgrade to Ethereum, the blockchain that runs ether, the second-largest cryptocurrency under bitcoin, activated on Thursday. ( read original story ...)
The SEC does not have the regulatory experience to govern crypto, says CFTC commissioner
The SEC has no authority over pure commodities or their trading venues whether those commodities are wheat, gold, oil… or #crypto assets,' CFTC's Brian Quintenz said. ( read original story ...)