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Tag: banking

Posted on 19/05/2020

Japan Government to Delay Budget Request Deadline to End-Sept: Finance Minister

Japanese Finance Minister Taro Aso said on Tuesday that his ministry would postpone the deadline for budget requests to Sept. 30 as the government focuses on responses to the coronavirus. ( read original story ...)

Posted on 19/05/2020

iPhone crypto hid al-Qaida link to naval base shooting, AG fumes

Included in the unearthed data were conversations with a known operative of AQAP, or al-Qaida in the Arabian Peninsula, and a will that explained his motivations for the killings. The AQAP later ... ( read original story ...)

Posted on 19/05/2020

Hedge Fund That Timed Big Short and Crypto Rally Eyes Venezuela

Venezuela’s bond market has been rocked over the past few years by defaults, sanctions and a collapse in crude oil prices. Yet the disastrous cocktail is attracting hedge funds including London’s ... ( read original story ...)

Posted on 19/05/2020

Europe’s supercomputers hijacked by attackers for crypto mining

"The NCSC works with the academic sector to help it improve its security practices and protect its institutions from threats." Also on 11 May, another attack shut down five supercomputers in Germany. ( read original story ...)

Posted on 18/05/2020

Glencore, Tohoku Electric set coal contract price at $68.75/T -Nikkei

Global miner Glencore Plc and Japan's Tohoku Electric Power agreed on a price of $68.75 per tonne for supplies of thermal coal from Australia for the year through March 2021, the Nikkei business daily ... ( read original story ...)

Posted on 18/05/2020

Tokyo stocks gain as virus cases slow in Japan, but U.S.-China tensions weigh

Japanese shares rose on Monday as signs of a slowdown in coronavirus infections raised optimism that the government would soon ease restrictions in additional prefectures, although escalating ... ( read original story ...)

Posted on 18/05/2020

Japan Post Bank Tumbles Most on Record on Weak Forecast

Japan Post Bank Co. plunged by a record in Tokyo on Monday after it forecast profit that missed analysts’ expectations, failed to give guidance on dividend payments, and booked paper losses on some ... ( read original story ...)

Posted on 18/05/2020

Japan Post Bank Shares Tumble Most on Record After Earnings

Japan Post Bank Co. fell by a record in Tokyo on Monday morning after reporting earnings that included large paper losses on structured credit products, and forecasting a drop in profit this year.The ... ( read original story ...)

Posted on 18/05/2020

Tokyo shares rise as virus cases slow in Japan, but U.S.-China tensions weigh

Tokyo stocks edged higher on Monday as signs of a slowdown in coronavirus infections raised optimism that Japan would soon ease restrictions in additional prefectures, although escalating Sino-U.S. ( read original story ...)

Posted on 18/05/2020

Indonesia’s IPO fever cannot hide worsening economy

The odds do not favor IPO fever dominating the rest of 2020. President Joko Widodo's unsteady approach to the COVID-19 outbreak is emblematic of the problem. Jokowi came to office in 2014 with ... ( read original story ...)

Posted on 17/05/2020

Crypto Die-Hards Turn Back to Origins With Anti-Inflation Push

No matter to crypto die-hards. The future is brighter than ever, especially as central banks around the world pump cash into listing economies, threatening a wave of inflation if growth were to snap ... ( read original story ...)

Posted on 17/05/2020

SoftBank Vision Fund strategy under scrutiny as deals stall

TOKYO -- SoftBank Group founder and Chairman ... "Most companies that had planned to exit in the near term, whether through acquisition or IPO, are likely changing or delaying their plans ... ( read original story ...)

Posted on 17/05/2020

This Week in Apps: Houseparty battles Messenger, Telegram drops crypto plans, Instagram Lite is gone

We also look at the new allegations against TikTok, the demise of a popular “Lite” app, new apps offering parental controls, Telegram killing its crypto plans and many other stories, including a hefty ... ( read original story ...)

Posted on 16/05/2020

Kevin Rose on health apps, crypto, and how founders get through this time with their sanity intact

Kevin Rose has been in the spotlight since cofounding the early social news aggregation site Digg in late 2004. A genial whiz kid turned serial entrepreneur, he has since become as well-known for ... ( read original story ...)

Posted on 15/05/2020

Japan’s top bank MUFG forecasts weaker than expected annual profit on virus hit

Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T, Japan's largest lender by assets, forecast on Friday a full year profit that fell short of analysts' ex ... ( read original story ...)

Posted on 15/05/2020

Japan bank SMFG’s annual profit misses view, flags virus costs in current year

Sumitomo Mitsui Financial Group , Japan's second largest lender by assets, reported on Friday a smaller than expected full-year net profit and flagged 450 billion yen ($4.20 billion) of credit ... ( read original story ...)

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