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Tag: banking

Posted on 01/12/2020

Holding Group Behind Crypto Exchange BitMEX Names Höptner CEO

The holding group behind BitMEX has appointed Alexander Höptner as chief executive officer, two months after the founders of the cryptocurrency exchange were charged with skirting U.S. laws that ... ( read original story ...)

Posted on 01/12/2020

Nikkei ends near 29-1/2-year high on vaccine, stimulus hopes

Japan's benchmark Nikkei closed near a 29-1/2-year high on Tuesday, tracking gains in U.S. stock futures over growing optimism that major drugmakers will roll out coronavirus vaccines before year-end. ( read original story ...)

Posted on 01/12/2020

Japan shares flirt with 29-year high on vaccine, stimulus hopes

Japanese shares rose toward a 29-year high on Tuesday, tracking gains in U.S. stock futures on the back of growing optimism that major drugmakers will roll out coronavirus vaccines some time before ... ( read original story ...)

Posted on 01/12/2020

ITEC Entertainment Opens New Office in Osaka, Japan

ITEC Entertainment Corporation, an industry leader in the creation of innovative solutions for the leisure, hospitality, and entertainment industries, today announced the opening of a new office in ... ( read original story ...)

Posted on 01/12/2020

Japan Corporate Capex, Profits Sag as COVID Impact Bites

On the quarter, corporate capital spending declined 1.2% in July-September on a seasonally-adjusted basis, narrowing from a 7.1% decline in the previous quarter. The data will be used to calculate ... ( read original story ...)

Posted on 01/12/2020

Japan Q3 corporate capex down 10.6% year/year – MOF

Japanese companies cut spending on plant and equipment in July-September by 10.6% from the same period a year earlier, Ministry of Finance data showed on Tuesday. ( read original story ...)

Posted on 01/12/2020

Delaying the Tokyo Olympics will reportedly cost an additional $3 billion

Organizers of the delayed Tokyo Olympics have declined to confirm widely circulated reports in Japan that the costs of the one-year postponement will be about $3 billion. The estimates have been ... ( read original story ...)

Posted on 01/12/2020

DoorDash Looks to Raise Up to $2.8 Billion in IPO

DoorDash, the biggest U.S. food delivery company, plans to sell 33 million shares for $75 to $85 each, raising up to $2.8 billion. ( read original story ...)

Posted on 01/12/2020

DoorDash aims to double valuation in much-awaited IPO

DoorDash Inc said on Monday it is aiming to raise up to $2.8 billion in an initial public offering (IPO), which could double the value of the U.S. food delivery startup and be one of 2020's largest ... ( read original story ...)

Posted on 01/12/2020

Bitcoin Hits All-Time High (Briefly) Nearly Three Years After Crypto Crash

The price of bitcoin has skyrocketed up 150% this year alone–eclipsing its record high of $19,786 on Monday, but only for a few minutes. ( read original story ...)

Posted on 30/11/2020

Nikkei ends lower, posts biggest monthly gain in near 27 yrs on vaccine cheer

Japan's benchmark Nikkei closed lower on Monday but posted its biggest monthly gain in nearly 27 years, as optimism over progress in COVID-19 vaccine development and fading uncertainty surrounding the ... ( read original story ...)

Posted on 30/11/2020

Bitcoin And Crypto Price Braces For A Shock $500 Million Earthquake

Bitcoin and cryptocurrency markets have swung wildly over the last week with the bitcoin price nudging its 2017 all-time high. ( read original story ...)

Posted on 30/11/2020

Ant IPO said to face slim chances of getting done next year

Understanding the authorities’ thinking and navigating the complex rules — some of which are still subject to change — are the biggest hurdles facing Ant. ( read original story ...)

Posted on 30/11/2020

Tokyo Stock Exchange CEO quits over October shutdown

The head of the Tokyo Stock Exchange has stepped down after accepting responsibility for an unprecedented day-long shutdown of one of the world's biggest markets, the operator said Monday. A hardware ... ( read original story ...)

Posted on 30/11/2020

Brief: Nikkei 225, Hang Seng, DAX Pulls Back; Ethereum Rises Ahead of ETH 2.0

The Nikkei 225, Hang Seng, DAX index have retreated in early trading as traders as profit-taking resumes. Bitcoin and Ethereum prices have bounced back. ( read original story ...)

Posted on 30/11/2020

What Made Central Banks Rethink Their CBDC Strategy: Evidence From Bank Of Korea, Bank Of Japan And Reserve Bank Of Australia

Along with Financial Times Alphaville reporters, skeptics of blockchain and CBDC abound in central banks and among the long term denizens of investment banks. They can foretell the future. If someone ... ( read original story ...)

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