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Tag: banking

Posted on 08/06/2020

Japan’s GDP Shrinks Less as Economists Question Capex Data

Revised figures showed Japan’s economy contracted less than initially estimated in the first quarter based on a survey that may have overstated the strength of business investment amid the pandemic. ( read original story ...)

Posted on 08/06/2020

Japan Q1 GDP revised up to 2.2% annualised contraction

March, less than the initial estimate of a 3.4% contraction, revised data from the Cabinet Office showed Monday. On a quarter-on-quarter basis GDP shrank 0.6% compared with a 0.9% contraction in the ... ( read original story ...)

Posted on 08/06/2020

Goldman, Mizuho Expect Thaw in Japan Dealmaking to Gather Pace

Mergers are beginning to pick up in Japan after slumping to a 10-year low in April, and bankers expect the pace to accelerate as the coronavirus pandemic forces weaker companies to consolidate. ( read original story ...)

Posted on 08/06/2020

Bitcoin’s Short-Lived Spike; Russia Gets Tougher On Crypto

Some Russian crypto enthusiasts are hopeful that there is still room for interpretation in the law to allow for regulated security token offerings in the future. JPMorgan has come a long way since CEO ... ( read original story ...)

Posted on 07/06/2020

Japan, U.K. to Hold Trade Talks on Tuesday, Nikkei Says

Japanese Foreign Minister Toshimitsu Motegi and U.K. International Trade Secretary Liz Truss will on Tuesday discuss forming a new trade accord as Britain departs from the European Union, Nikkei ... ( read original story ...)

Posted on 07/06/2020

SEC targets crypto multi-level marketing scheme in new lawsuit

The Securities and Exchange Commission said Friday that it has filed charges against the alleged operators of a fraudulent cryptocurrency investment scheme.The post SEC targets crypto multi-level ... ( read original story ...)

Posted on 06/06/2020

Legend Biotech’s Upsized IPO Lands $424M for Multiple Myeloma Drug

The biggest life sciences IPO of the year so far belongs to Legend Biotech. The cancer drug developer was able to raise $423.8 million after pricing its ... ( read original story ...)

Posted on 06/06/2020

Amwell confidentially files for IPO amid surging demand for remote health care

Amwell, a provider of remote health services formerly known as American Well, is looking to go public in the coming months, sources tell CNBC. ( read original story ...)

Posted on 05/06/2020

Japan Minister Says Higher ‘Cultural Standard’ Helped Beat Virus

Japan’s success against the coronavirus without enforcing a strict lockdown is due to the citizens’ “cultural standard” that is different from other nations, Finance Minister Taro Aso said, drawing ... ( read original story ...)

Posted on 05/06/2020

OCC Seeks Public Comment For Possible U.S. Crypto Regulations

The U. S. bank regulator for financial institutions such as Wells Fargo, JPMorgan Chase, and Citi just issued two separate issuances for public comment on cryptocurrencies and blockchain. ( read original story ...)

Posted on 05/06/2020

Amwell confidentially files for IPO amid surging demand for telemedicine

Amwell, a provider of telehealth services formerly known as American Well, is looking to go public in the coming months, sources tell CNBC. ( read original story ...)

Posted on 05/06/2020

BRIEF-Japan Set To Lift Quarantines For Business Travelers In Summer – Nikkei

JAPAN SET TO LIFT QUARANTINES FOR BUSINESS TRAVELERS IN SUMMER - NIKKEI * JAPAN POISED TO LET BUSINESS TRAVELERS FROM SOME COUNTRIES BYPASS 2-WEEK QUA ... ( read original story ...)

Posted on 05/06/2020

Foreign Investors Misjudged In Betting Against Japanese Stocks

Foreign investors that had bet against Japanese equities are now scrambling to cover their shorts, triggering a stellar rebound in the nation’s stocks. ( read original story ...)

Posted on 05/06/2020

Naomi Osaka shuts down people who want her to stick to sports: ‘This is a human rights issue’

Count Naomi Osaka among the athletes who have no interest in sticking to sports. Osaka called out people who demand athletes only entertain, explaining some issues are human rights issues. Osaka, 22, ... ( read original story ...)

Posted on 05/06/2020

When Mining Crypto Gets Tough, Buy Power. Riot Blockchain Buys More Processors

Riot Blockchain, a NASDAQ listed cryptocurrency mining company, announced yesterday that it had purchased an additional 1,000 next-generation Bitmain S19 Pro (110 TH) Antminers for $2.3 million from ... ( read original story ...)

Posted on 04/06/2020

Bank of Japan Sees No Need Now to Buy Municipal Bonds: Central Bank Official

The Bank of Japan does not see the need now to add municipal bonds to a list of assets it buys to pump money into the economy, a senior central bank official said on Thursday. "We're able to provide ... ( read original story ...)

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