Tag: banking

A number of crypto firms have filed applications to become national bank trusts. Why are they interested in becoming banks? ( read original story ...)

A co-founder of a cryptocurrency firm was sentenced to a year in prison after pleading guilty to tricking investors out of more than $25 million in an investment scam promoted with the help of ... ( read original story ...)

While electronic hardware typically lingers in the shadows of the pop music world, Roland Corp.’s TR-808 Rhythm Composer has achieved enduring, household-name status. ( read original story ...)

Japan’s cabinet approved a third extra budget with 21.8 trillion yen ($210 billion) in spending, as Prime Minister Yoshihide Suga looks to support the economy amid a resurgence of virus cases. The ... ( read original story ...)

REIT has completed a JPY 55.6 billion global offering to acquire seven Japanese warehouse properties from GLP funds ... ( read original story ...)

Tokyo Multifamily Partnership, a venture by Nuveen, Kenedix and Bouwinvest is buying 7 apartment buildings in Japan for $226 million. ( read original story ...)

The Turkish crypto ecosystem was getting ready for a high-octane year at the beginning of 2020, but then the pandemic happened ... ( read original story ...)

Japan must revive its economy and make fiscal reforms to win market trust as it pushes through a third extra budget this fiscal year to ease the pain from the pandemic, Finance Minister Taro Aso said ... ( read original story ...)

Banca Generali is to provide bitcoin custody to its customers following an agreement with Conio that will see the bank acquire a $14 million stake in the crypto-focused fintech. Financial institutions ... ( read original story ...)

Yuriko Koike acknowledged that a majority of the Japanese public now oppose hosting the rescheduled Games next year, but said she was convinced their concerns could be overcome. ( read original story ...)

Japan will aim to more than quadruple offshore wind generation capacity in the decade to 2040 under plans to meet its mid-century emissions reduction target. ( read original story ...)

Tokyo plans to develop a 6th-generation stealth fighter to keep China’s increasingly capable air force at bay—at a total cost of 5 trillion yen ($48 billion). It will integrate remote drone control ... ( read original story ...)

Japanese shares ended weaker on Tuesday as rising COVID-19 infections sapped investors appetite for risk assets and forced the government to suspend its domestic tourism promotion campaign, hitting ... ( read original story ...)

Total new debt issuance for the current fiscal year will hit a record high of over ¥112 trillion — more than double the previous record set after the global financial crisis. ( read original story ...)

Japan's economy will suffer a smaller contraction this year than initially forecast but won't return to pre-coronavirus pandemic levels until at least early 2022, economists in a Reuters poll said. ( read original story ...)

Since the U.S. is missing in climate action for at least a few more weeks, the summit's headliner was Xi Jinping, who declared that China would reduce its carbon intensity by over 65% by 2030, while ... ( read original story ...)