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Tag: banking

Posted on 28/10/2020

Japan, US and Australia to finance undersea cable for Palau

TOKYO -- Japan, the U.S. and Australia will finance the connection of a submarine internet cable to the Pacific island nation of Palau, Nikkei has learned, in a project meant as a counterweight to ... ( read original story ...)

Posted on 27/10/2020

Ant Group IPO: 5 interesting facts about the world’s biggest public offering

Backed by Chinese e-commerce group Alibaba Group Holding, the initial public offering (IPO) of Ant Group is the world's largest ... ( read original story ...)

Posted on 27/10/2020

Japan ruling party panel proposes streamlining FSA, BOJ bank inspections

A Japanese ruling party committee on Tuesday submitted a proposal to regulatory reform minister Taro Kono calling on the Financial Services Agency (FSA) and the central bank to streamline bank ... ( read original story ...)

Posted on 27/10/2020

Hong Kong’s Weaker Financial Hub Appeal is Japan’s Opportunity, Aso Says

Japan should consider setting up a special economic zone for global banking businesses now that Hong Kong is losing its appeal as a financial hub amid China’s crackdown, Japanese finance minister Taro ... ( read original story ...)

Posted on 27/10/2020

Not even prison can keep John McAfee from shilling shady crypto

John McAfee is in a Spanish prison awaiting possible extradition to the U.S. on charges of tax evasion, but that hasn't stopped the one-time cybersecurity expert from pumping some sketchy altcoin. ... ( read original story ...)

Posted on 27/10/2020

Election 2020: What’s at Stake for the Crypto Industry

Neither major Presidential candidate is campaigning on crypto, but the winner of this year's election will shape policy for years to come. ( read original story ...)

Posted on 27/10/2020

Ant IPO By the Numbers: It’s Bigger Than Finland’s GDP

The top five are all from Asia or the Middle East, and eight of the 10 are from the region, including Ma’s online giant Alibaba Group Holding Ltd. and Japan’s SoftBank Group Corp. Chinese fintech sets ... ( read original story ...)

Posted on 27/10/2020

Hong Kong stocks slip on concerns Ant Group IPO to soak up liquidity, spike in global Covid-19 infections

Sentiment remained cautious in the Asia-Pacific region, with Japan’s Topix trading at its lowest level in ... a move that could raise US$34.5 billion in what would be the world’s largest IPO. The ... ( read original story ...)

Posted on 27/10/2020

Japan Set for Blockbuster Bonds After NTT Revives M&A Push

Japan is headed for more mergers and acquisitions after a recent deal from one of the country’s biggest telecom firms, and that’s raising hopes for lucrative landmark bond sales to finance the spree. ( read original story ...)

Posted on 27/10/2020

Japan Set for Blockbuster Bond Deals After NTT Revives M&A Push

Japan is headed for more mergers and acquisitions after a recent deal from one of the country’s biggest telecom firms, and that’s raising hopes for lucrative landmark bond sales to finance the spree. ( read original story ...)

Posted on 27/10/2020

Ant Group raises $34 billion in world’s largest IPO

Jack Ma's Ant Group has just pulled off the biggest share sale in history, marking a huge win for the Chinese tech champion and the country's stock market. ( read original story ...)

Posted on 27/10/2020

Ant’s March To The Biggest IPO Shows Power Of (Online) Commerce

Ant Financial has finally gone public in its blockbuster IPO. But it is digital commerce in China – and the flexibility in the platform model – that's the star. ( read original story ...)

Posted on 27/10/2020

Aozora Bank first in Japan to go cashless at all branches

TOKYO -- Aozora Bank plans to cease cash transactions at all branches across Japan by March 31, becoming the first banking institution in the country to go cashless in every physical location. ( read original story ...)

Posted on 26/10/2020

Fed And Treasury Asks Public For Comment On New Travel Rule For Crypto

The Fed and FinCEN say Bitcoin transactions have risen to $366 billion dollars in 2019 and $312 billion through in 2020 through August. Based on concerns of terrorism, money laundering and evasion of ... ( read original story ...)

Posted on 26/10/2020

Nikkei holds steady on caution ahead of earnings

Japanese shares steadied on Monday, as investors were on guard ahead of a slew of earnings reports, while a surge in global coronavirus cases also weighed on sentiment. ( read original story ...)

Posted on 26/10/2020

Japan stocks set tor mixed open as coronavirus cases in the West surge; oil prices drop

Futures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,515 while its counterpart in Osaka was at 23,560. That compared against the Nikkei 225's last ... ( read original story ...)

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