Tag: banking

George Ball, the chief executive of investment firm Sanders Morris Harris and former chief executive of Prudential Securities, has changed his tune on bitcoin, switching from being a bitcoin "opponent ... ( read original story ...)

(Bloomberg) -- Japan’s economy shrank last quarter by the most in data going back to 1955 amid the pandemic. But investors don’t mind -- its stock market is beating the world. The Topix Index is the ... ( read original story ...)

June quarter, the worst contraction in the nation's modern history, as the coronavirus deepens the country's economic woes. It was the third straight quarter of negative growth, confirming a deepening ... ( read original story ...)

Japan’s Finance Ministry is up for releasing the preliminary reading of the second quarter (Q2) 2020 Gross Domestic Product (GDP) figures at 23:50 GMT on Sunday, early Monday morning in Asia. Market ... ( read original story ...)

Bitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term. ( read original story ...)

A job listing posted by Sony in Japan confirms that the company is working on a next-generation VR headset, which may be the PlayStation VR 2. The Japanese listing, which was spotted by UploadVR, is ... ( read original story ...)

Japan’s Nikkei share average scaled a near six-month high on Thursday, driven by strong gains in semiconductor-related stocks. ( read original story ...)

Japan shouldn’t ignore the possible data security risks posed by Chinese music video app TikTok, which various other countries have pointed out, a senior ruling party official said. ( read original story ...)

Spotify and Slack used many of the same banks, and listed on the same stock exchange. ( read original story ...)

China risks being left behind as South Korea and Japan signal a shift away from financing overseas coal power in response to growing criticism over their support for the dirty fossil fuel.The three ... ( read original story ...)

The idea of decentralized finance is that financial institutions can be created that are run by computers, blockchains and rules that anyone can access free of gaining permission or having to show ... ( read original story ...)

the company opted to take the traditional IPO path to generate cash for the business. About Oita Chuo Pacific Management Oita Chuo Pacific Management is a recognized leader in wealth management ... ( read original story ...)

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "aa-" of Sompo Japan Insurance Inc. (SJ) (Japan). The outlook of ... ( read original story ...)

President Moon Jae-in vowed on Friday to spotlight the plight of South Korea's last few surviving "comfort women", as those forced to work in Japan's wartime brothels are known, in efforts to resolve ... ( read original story ...)

Japan's economy will contract more than previously expected and suffer mild deflation during the current fiscal year, analysts predict, underscoring the fragile nature of the recovery from the ... ( read original story ...)

Japan's July exports are expected to have recorded a double-digit decline for the fifth straight month as the coronavirus pandemic hit global demand, a Reuters poll showed on Friday. The poll also ... ( read original story ...)