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Tag: banking

Posted on 06/11/2020

Japan opening English-speaking office to lure foreign finance companies

Japan’s efforts to lure international finance corporations to Tokyo have always been bedevilled by a lack of competent English speakers. Experts have said Tokyo needs to tackle its lack of English ... ( read original story ...)

Posted on 06/11/2020

Bitcoin Surge Widens Crypto’s Lead Over Gold as Top Asset of 2020

Bitcoin’s surge during U.S. election week has pulled cryptocurrency performance further ahead of major asset classes this year. ( read original story ...)

Posted on 06/11/2020

Nikkei ends at highest level in 29 years on solid earnings

Tokyo stocks finished higher Friday, lifting the Nikkei index to its highest level in 29 years after another surge on Wall Street ove ... ( read original story ...)

Posted on 06/11/2020

Japan’s Aso defends central bank’s ETF buying programme

Japanese Finance Minister Taro Aso on Friday defended the central bank's purchases of exchange-traded funds (ETF), shrugging off criticism that it was manipulating stock prices. ( read original story ...)

Posted on 06/11/2020

Japan’s Nikkei index at 29-year high after US election

Japan's benchmark Nikkei 225 index hit a 29-year high on Friday, reflecting a relaxed reaction across Asia to the emerging outcome of the U.S. election, with Joe Biden strongly favored to win the ... ( read original story ...)

Posted on 06/11/2020

Nikkei hovers near 29-year peak as Biden edges toward victory

Japanese shares on Friday hovered near a 29-year high, following strong cues from global equities, as investors hoped a gridlock in U.S. Congress during a possible Joe Biden presidency would be able ... ( read original story ...)

Posted on 06/11/2020

Japan’s Prime Minister Yoshihide Suga says stable currency moves are ‘extremely important’

Suga signaled his readiness to respond to any yen spike that threatens to derail the country's fragile economic recovery. ( read original story ...)

Posted on 06/11/2020

Deutsche Bank Alumni Are Helping Son Remake Japan’s SoftBank

When Masayoshi Son cut the largest deal of his career -- the $40 billion sale of chip designer Arm Ltd. in September -- the idea didn’t originate with one of his seasoned bankers or lawyers. Instead, ... ( read original story ...)

Posted on 06/11/2020

Japan to open English-speaking support office to lure foreign asset managers

Japan will open an English-speaking support office for foreign asset management firms seeking to do business in the country in January, Finance Minister Taro Aso said on Friday, as it aims to boost ... ( read original story ...)

Posted on 06/11/2020

Japan stocks set to trade higher as U.S. election uncertainty remains; Fed keeps rates near zero

Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 24,225 while its counterpart in Osaka was at 24,200. That compared against the Nikkei 225's last ... ( read original story ...)

Posted on 06/11/2020

G20 Finance Leaders to Debate Debt Relief on Nov 13, Says Japan’s Aso

The Group of 20 finance leaders will discuss debt relief for emerging nations at their meeting on Nov. 13, Japanese Finance Minister Taro Aso said on Friday. "Fair burden among lenders is important" ... ( read original story ...)

Posted on 06/11/2020

Japan September household spending slumps as COVID-19 pain lingers

TOKYO (Reuters) - Japan's household spending slumped 10.2% in September from a year earlier, government data showed on Friday, a sign sluggish domestic demand will continue to drag on any recovery for ... ( read original story ...)

Posted on 06/11/2020

‘Individual X’ stole $1 billion in crypto from Silk Road. U.S. officials just seized it.

The U.S. government is trying to seize what "Individual X" had already stolen. Specifically, that would be a gargantuan amount of cryptocurrency. © Provided by Mashable 'Individu ... ( read original story ...)

Posted on 06/11/2020

Ant Group IPO fiasco reflects battle for China’s financial soul

China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's financial system that the fintech giant and its charismatic leader ... ( read original story ...)

Posted on 06/11/2020

October Crypto Recap: PayPal Embraces Bitcoin, Institutional Adoption, Central Bank Digital Currencies

With October coming to an end just days ago, here is brief recap of all major Bitcoin and cryptocurrency news events of the past month. ( read original story ...)

Posted on 06/11/2020

Why Crypto Is the Next Big Trend in Financial Planning

If the roboadvising trend taught advisors anything, it's that Millennial investors will invest how they want. And right now, they want crypto. ( read original story ...)

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