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Tag: banking

Posted on 27/11/2020

Shanghai exchange eyes IPO crown to celebrate 30th anniversary

The Shanghai Stock Exchange is just a stone's throw away from becoming the world's top destination for initial public offerings, only 30 years since its revival, though concerns over state ... ( read original story ...)

Posted on 27/11/2020

Nikkei faces correction before gains next year: Reuters poll

Japanese shares will likely see a correction in the near term following a global rally fuelled by coronavirus vaccine hopes, but will rise next year to their highest levels in three decades, a Reuters ... ( read original story ...)

Posted on 27/11/2020

Crypto exchange Coinbase hit by connection, latency problems as bitcoin plummets

Cryptocurrency exchange Coinbase said on Thursday its retail and professional-focused platforms were hit by tech problems, with users reporting difficulty trading as bitcoin plunged towards its ... ( read original story ...)

Posted on 27/11/2020

Crypto exchange Coinbase comments on negative ‘New York Times’ story that hasn’t been published yet

The New York Times is (probably) about to publish a story about cryptocurrency exchange Coinbase. But we're not reading about it on the news outlet's website, because Coinbase has taken the highly ... ( read original story ...)

Posted on 27/11/2020

Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy

The price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. ( read original story ...)

Posted on 27/11/2020

Crypto selloff sees Bitcoin shed almost $3K after nearing record highs

While equity markets are closed for Thanksgiving, crypto traders are not taking the day off.Bitcoin (BTC-USD) plunged by 15% overnight, or nearly $3,000, to as low as $16,328. ( read original story ...)

Posted on 26/11/2020

Japan’s Stock-Playing Central Bank Racks Up $56 Billion Gain

The Bank of Japan under Gov. Haruhiko Kuroda scored after boosting investments at the stock-market bottom, but some have started saying he shouldn’t play the market so much. ( read original story ...)

Posted on 26/11/2020

Pandemic and internet banking push Japan’s banks to revamp their branches

Withdrawing or transferring cash through a bank teller could completely disappear in Japan within a few years as banks revamp branches to adapt to the digital age. ( read original story ...)

Posted on 26/11/2020

Crypto Boom Shaken as Bitcoin Plunges Along With Other Coins

Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. ( read original story ...)

Posted on 26/11/2020

Crypto crash: After nearing record, Bitcoin plunges

Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. Bitcoin slumped as much as 8.7%, the most since early ... ( read original story ...)

Posted on 26/11/2020

Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges. ( read original story ...)

Posted on 26/11/2020

Analysis: With New Bank Aid, BOJ Makes Stealthy Retreat From Negative Rates

Short-term rates may creep up if the banks tap markets for funds that they then shift to BOJ deposits to earn 0.1% interest. That would complicate the BOJ's efforts to meet its -0 ... ( read original story ...)

Posted on 26/11/2020

Japan’s stocks are on a tear and could rise another 14%, says Nikko strategist

Nikko Asset Management's John Vail said the Nikkei 225 is set to trade even higher in 2021, after already gaining more than 11% so far this year. ( read original story ...)

Posted on 26/11/2020

Japan’s export credit agency to lend $2 billion to Nissan for U.S. sales financing

Japan's state-owned export credit agency has agreed to give Nissan Motor Co up to $2 billion as part of a credit agreement to help it finance car sales in the United States. ( read original story ...)

Posted on 26/11/2020

Bond Investors Wait for Japan to Break Silence Over New Budget

As coronavirus infections in Japan spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget. ( read original story ...)

Posted on 26/11/2020

Bitcoin could soar to $100,000 by the end of next year as demand rapidly exceeds supply, a crypto investor says

Anthony Pompliano told CNBC that Janet Yellen was "notorious" for tolerating higher inflation and that her nomination could push Bitcoin higher. ( read original story ...)

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