Tag: banking

SoftBank Group Corp is expected to extend earnings recovery when it reports third quarter results on Monday as frothy markets drive a rally in the value of its tech investment portfolio and offer ... ( read original story ...)

Shrinkage of the camera market has led Nikon to suspend operations next month at two Japanese factories that produce interchangeable lenses for digital cameras. ( read original story ...)

Japan’s household spending edged down in December, falling for the first time in three months, before the spread of coronavirus forced the government to call another state of emergency early this year ... ( read original story ...)

China's Kuaishou Technology is set to make its debut in Hong Kong on Friday, with shares priced at 115 Hong Kong dollars (about $14.83) apiece. ( read original story ...)

He reportedly used the company’s bank account to cover gambling trips to Macau between 2014 and 2016 and apparently wasn’t a very good gambler, as he lost everything. Not only did he waste $1.4 ... ( read original story ...)

Credit-related costs Y343.6 bln for nine months through Dec TOKYO, Feb 4 (Reuters) - Japan's top lender Mitsubishi UFJ Financial Group Inc 8306.T on Thursday posted a third-quarter net profit of 206.2 ... ( read original story ...)

Japanese household spending fell 0.6% in December from a year earlier, government data showed on Friday, compared with economists' median estimate of a 2.4% decrease. To view the data on the website ... ( read original story ...)

Venmo will expand its functionality in the coming months, according to an earnings call with the app's parent company, PayPal. Not only will users be able to send a few bucks to a friend quickly, but ... ( read original story ...)

According to a report (translated version) by Nikkei, Nikon will suspend operations at two of its Japanese lens factories by the end of March as part of an overall consolidation plan. The factories in ... ( read original story ...)

Netflix Inc. shares rose as much as 3.7% on news that the company is raising the price of its service in Japan, bolstering revenue in an increasingly key market for the streaming giant. ( read original story ...)

The Venmo mobile payments app is going to look very different in 2021 as it inches closer to neobank territory with expansions into budgeting, saving, bill pay and cryptocurrency, said Venmo parent ... ( read original story ...)

There has been somewhat of a stampede of companies reaching unicorn status since the start of the year following a The post Year of the unicorn: 24 companies have surpassed $1bn valuation this year ... ( read original story ...)

Policymakers said they had no plans to introduce negative rates to stimulate the economy, but they wanted to be prepared. ( read original story ...)

Soon you’ll be able to buy the company that helps you buy Bitcoin. Coinbase, the largest cryptocurrency exchange in the U.S., has announced plans to go public—but it will eschew the traditional initia ... ( read original story ...)

A senior official of the International Olympic Committee (IOC), John Coates, said it was “100%” likely that the Games would go ahead in Tokyo this summer, Nikkei Asia reported on Thursday. Coates also ... ( read original story ...)

But things didn’t go exactly as planned -- and not only because of the coronavirus pandemic, which forced the games to be delayed by a year. There was the expensive proposal for Tokyo’s main Olympic ... ( read original story ...)