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Tag: banking

Posted on 08/06/2021

Behind the Bitcoin Veil, Fiat’s Crypto Evolution, Striking While the Iron Is Hot

On Monday, Deputy FBI Director Paul Abbate, in a Justice Department briefing, communicated that the U.S. had recovered 63.7 Bitcoin of the 75 Bitcoin ransom that Colonial Pipeline had been forced to ... ( read original story ...)

Posted on 08/06/2021

Japan’s bank lending growth slows sharply as pandemic hit subsides

Growth in Japan's bank lending slowed sharply in May as corporate demand for funds subsided, data showed on Tuesday, a sign the economy is ... ( read original story ...)

Posted on 08/06/2021

BOJ’s Amamiya Urges Japanese Banks to Speed up Libor Transition Plans

Japanese financial institutions must proceed swiftly with plans to transit away from the soon-to-be-obsolete Libor benchmark to avoid disrupting financial markets, Bank of Japan Deputy Governor ... ( read original story ...)

Posted on 08/06/2021

Tokyo 2020 board talks about vaccines, but not a word on further delay

Olympics committee may seek further vaccine donations to make the rescheduled Games as safe as possible, Tokyo 2020's CEO said after a board meeting on Tuesday, stressing that there had been no talk ... ( read original story ...)

Posted on 08/06/2021

Japanese Female Billionaire Set To Join SoftBank Board, Boosts Gaming Credentials

SoftBank is expected to add Keiko Erikawa, one of the few female billionaires in Japan, to its board of directors, a move that could help the Tokyo-based technology giant push into the booming field ... ( read original story ...)

Posted on 08/06/2021

Paytm’s path to IPO: Tracking a 2-decade journey of pivots

This is not One97's first attempt to go public. In 2010, the company, which then used to provide value-added services (VAS) for telecom customers planned to raise Rs 120 crore through an IPO. ( read original story ...)

Posted on 08/06/2021

Japan stocks lower at close of trade; Nikkei 225 down 0.19%

Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.19%. The best ... ( read original story ...)

Posted on 08/06/2021

Paytm IPO: Ahead of public issue, company invites shareholders to dilute stake

Paytm's existing shareholders, including institutional investors such as China’s Ant Group, Japan’s Soft-Bank, T Rowe Price and Elevation Capital, can use the OFS option to dilute their stake in the ... ( read original story ...)

Posted on 08/06/2021

Tokyo’s Nikkei share average closes down 0.19 pct

Japan's benchmark Nikkei average closed down 0.19 percent at 28,963.56 on Tuesday, while the broader Topix gained 0.09 percent at 1,962.65. TOKYO, June 8 (Reuters) - Japan's benchmark Nikkei average ... ( read original story ...)

Posted on 08/06/2021

Japan economy shrinks in first quarter – but less than expected

Economy contracted 3.9 percent, with the virus affecting personal consumption, posing the first fall in three quarters. ( read original story ...)

Posted on 08/06/2021

Japan’s MUFG reports ATM troubles because of system glitch

The main banking unit of Mitsubishi UFJ Financial Group Inc said on Tuesday about 180 ATMs were not working in the morning due to a system glitch, ... ( read original story ...)

Posted on 08/06/2021

‘A New Space Race Has Begun’—Amid Crypto Price Mayhem, Elon Musk Doubles Down On Dogecoin Plan To Beat Bitcoin To ‘The Moon’

Bitcoin and cryptocurrency prices, including Telsa billionaire Elon Musk's pet project dogecoin, have struggled over the last month. The dogecoin price, after climbing many thousands of percent in the ... ( read original story ...)

Posted on 08/06/2021

Nikkei falls as market heavyweights offset gains in drugmakers

Japan's stock index Nikkei changed course and inched down on Tuesday, as losses in market heavyweights offset gains in drugmakers after Eisai Co's 4523.T Alzheimer drug received U.S. nod. Nikkei share ... ( read original story ...)

Posted on 08/06/2021

UPDATE 1-Japan’s bank lending growth slows sharply as pandemic hit subsides

TOKYO, June 8 (Reuters) - Growth in Japan’s bank lending slowed sharply in May as corporate demand for funds subsided, data showed on Tuesday, a sign the economy is steadily emerging from last year’s ... ( read original story ...)

Posted on 08/06/2021

Japan Finance Minister says G7 reaches ‘historic’ deal on minimum global tax

TOKYO: The Group of Seven (G7) advanced countries has struck a "historic" agreement for a minimum global corporate tax of at least 15 per cent, ... ( read original story ...)

Posted on 08/06/2021

Japan’s April current account surplus grows six-fold as trade improves

Japan posted a more than six-fold increase in its current account surplus in April to 1.32 trillion yen ($12 billion) as the trade ba ... ( read original story ...)

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