One of the obstacles to crypto-currencies in the mainstream financial world is the absence of a neutral party to help banks settle trades in crypto by making sure that no counter-party reneges on a ... ( read original story ...)
Rise of Crypto Market’s Quiet Giants Has Big Market Implications
An influential set of cryptocurrencies is under increasing scrutiny, and how it’s regulated will have major implications for digital tokens as a whole. ( read original story ...)
Tokyo organisers expected to discuss foreign spectators on Saturday
Tokyo Olympics organisers will meet with Japanese government officials on Saturday, the local organising committee said, with discussion of whether to allow in foreign spectators expected to be on the ... ( read original story ...)
G7 ministers backed new help for low-income countries, Japan’s Aso says
TOKYO (Reuters) – Financial leaders of the Group of Seven (G7) rich nations backed a new allocation of special drawing rights at the International Monetary Fund (IMF) to help low-income countries, ... ( read original story ...)
Toshiba shareholders vote for probe in landmark win for Japan corporate governance
The vote marks only the fourth time an activist shareholder motion has won approval in Japan and the first at a major company that is a household name, albeit one sullied by a string of scandals. ( read original story ...)
BNY Mellon Joins $133 Million Funding Round for Crypto Custody Firm Fireblocks
This will be done by a new team that will explore additional services like lending against crypto collateral. "We are starting with the anchor in this space, which is custody," the head of BNY ... ( read original story ...)
Hype over U.S. crypto ETF approval fuels Bitcoin inflows
Investors are optimistically anticipating the first American exchange-traded crypto products will be approved by the SEC after a leadership change at the commission introduced a more favorable hearing ... ( read original story ...)
China’s Didi Chuxing is eyeing a mega-IPO next quarter that values the ride-hailing service above $62 billion, report says
Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in its last funding round, Bloomberg said. ( read original story ...)
Ukraine, Japan start talks on updating Convention on Avoidance of Double Taxation
The Ministries of Finance of Ukraine and Japan will begin negotiations to update the 1986 Convention on Avoidance of Double Taxation on March 22. "Today, the Ministry of Foreign Affairs of Japan ... ( read original story ...)
Bank of Japan Brings End to Decade-Long Buying of the Nikkei 225
Japan’s Nikkei 225 Stock Average and its largest-weighted firm, Uniqlo operator Fast Retailing Co., tumbled in Tokyo after the Bank of Japan unexpectedly tweaked its stock-buying program to only ... ( read original story ...)
Bank Of Japan Holds Negative Rates, Tweaks Easing Policy
The Bank of Japan on Friday maintained its negative interest rate and tweaked its monetary easing programme as it battles to boost inflation and shore up the pandemic-hit economy. The adjustment, ... ( read original story ...)
Game on: Blank-check firm, advised by athletes, seeks $250 million in U.S. IPO
A blank-check firm that counts athletes Patrick Mahomes, Naomi Osaka, and Robert Lewandowski among its advisers is looking to raise $250 million through a U.S. initial public offering, a regulatory ... ( read original story ...)
Didi Accelerates IPO Plans as Business Rebounds
An IPO would cap a remarkable turnaround for a company that ran ... who have profited from a number of high-profile debuts in recent months including Coupang and DoorDash Inc. The Japanese billionaire ... ( read original story ...)
Japan’s Nikkei drops after BOJ’s plan to buy only Topix-linked ETFs
Japan's benchmark Nikkei fell as much as 1.9% on Friday, while the broader Topix hit a 30-year high as the Bank of Japan said it would only buy Topix-linked exchange traded funds after a review of its ... ( read original story ...)
Japan’s Nikkei dips on BOJ’s ETF purchase plan; Topix at 30-year high
Japan's benchmark Nikkei index fell while the broader Topix hit a 30-year high, as the Bank of Japan (BOJ) said it would only buy Topix-linked exchange traded funds after a review of its policy ... ( read original story ...)
Nikkei down after BOJ decides to buy only Topix-linked ETFs
Tokyo stocks end mixed Friday, with the benchmark Nikkei sagging while the broader Topix hit a 30-year high, following the Bank of Japan's decision to confine purchases to only Topix-linked ... ( read original story ...)