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Tag: banking

Posted on 09/12/2024

Stock market today: Asian shares slide, with Korean benchmark down 2.5%, after Wall St hits records

Shares are mostly lower in Asia, with South Korea's benchmark down 2.3%, after U.S. stocks rose to records on Friday

Posted on 09/12/2024

Bank of Japan could hike rates as early as next week: Capital Economics

Marcel Thieliant, Asia-Pacific head at Capital Economics, says a rare interview by Bank of Japan Governor Kazuo Ueda saying that a rate hike is "approaching" should be taken as a strong signal that ...

Posted on 09/12/2024

Bain-backed Kioxia to set IPO price as deals hit eight-year high

The memory company, which is set to debut Dec. 18 on the Tokyo bourse, last week set a price range from ¥1,390 to ¥1,520.

Posted on 09/12/2024

Japan’s football talent takes Europe by storm

The number of Japanese football players (both men and women) in major European leagues has surpassed 100, a 90% increase in five years. Success on the international stage has encouraged overseas clubs ...

Posted on 09/12/2024

Japan gov’t submits draft extra budget to Diet for economic package

Japan's government on Monday submitted to parliament a draft supplementary budget for fiscal 2024 worth 13.9 trillion yen ($92.7 billion) to finance a new economic package aimed at easing ...

Posted on 09/12/2024

Who were the 2024 election’s “crypto voters”?

A leading cryptocurrency executive told 60 Minutes crypto's success was not just because of the enormous amount of money the industry spent on ads. It was also because people they described as "crypto ...

Posted on 09/12/2024

Crypto industry spent big during the election. How it might impact Washington.

Crypto companies contributed a third of all direct corporate contributions to super PACs this election, supporting dozens of candidates.

Posted on 09/12/2024

At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria

Several key players in President-elect Donald Trump's new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the Gulf region as the digital currency sets record ...

Posted on 09/12/2024

3 Policy Measures Crypto Advocates Should Focus On In 2025

On the other hand, and acknowledging that many crypto policy advocates celebrate the lack of a U.S. CBDC, the pace of change in legislative circles is likely to lead to some levels of frustration ...

Posted on 09/12/2024

Japan revises Q3 GDP higher on capex and exports

TOKYO (Reuters) -- Japan's economy expanded in the July to September period at a faster pace than initially reported, thanks to upward revisions in capital investment and exports.

Posted on 09/12/2024

Japan’s Growth Gets Revised Up as BOJ Mulls Rate Hike Timing

Japan’s economy grew at a faster pace than initially estimated, indicating more strength in the recovery as the central bank parses data ahead of a policy decision later this month.Most Read from ...

Posted on 09/12/2024

Japanese Bank Officials Volunteer 30% Pay Cut For 3 Months After Ex-Worker Steals Money and Burns Client’s Home

In an extraordinary demonstration of corporate accountability, senior executives at Japanese banking giant Nomura have volunteered temporary pay cuts following allegations that a former employee ...

Posted on 08/12/2024

Japan grows more considerate to foreign residents with children

TOKYO -- Japan is adapting to the educational and child-rearing needs of Taiwanese, Indians, Bangladeshis and other foreigners living in Japan, whose economy and society are demanding a more ...

Posted on 08/12/2024

A $6.2m banana, a crypto empire and Trump’s potential conflicts

Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way.

Posted on 08/12/2024

Bitcoin is booming. From ETFs to crypto-linked stocks, here are 3 ways to join the rally.

Bitcoin is expected to double to $200,000 next year. Investors can gain exposure directly through the token, or through ETFs and crypto stocks.

Posted on 08/12/2024

Japan to start CO2 storage exploratory drilling in 2025

TOKYO -- Japanese companies will start exploratory drilling next year for storing CO2 underground with the help of government subsidies totaling about 10 billion yen ($66.6 million), Nikkei has ...

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