Tag: banking

Asahi Group Holdings plans to borrow 1.19 trillion yen from Japanese lender Sumitomo Mitsui Banking Corporation to complete its long-brewing purchase of Anheuser-Busch InBev’s Australian business. ( read original story ...)

The Japanese government is on the brink of lifting the state of emergency for Tokyo, its surrounding regions and the northern island of Hokkaido, allowing more parts of the economy to re-open as new ... ( read original story ...)

Beijing will come out of the coronavirus crisis with a big first-mover advantage in official digital currency. ( read original story ...)

JAFCO and Bloom&Co. partner on support for startups. Strengthening marketing strategy for startups to enable business growth. ( read original story ...)

Japan is considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit by the coronavirus pandemic, the Nikkei newspaper said on ... ( read original story ...)

Japan's government is considering compiling a second extra budget for the current fiscal year worth over 100 trillion yen ($929.45 billion) to combat the economic fallout from the coronavirus pandemic ... ( read original story ...)

Vlad Matveev has learnt the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted ... ( read original story ...)

Japan's state of emergency is nearing its end with new cases of the coronavirus dwindling to mere dozens. It got there despite largely ignoring the default playbook. ( read original story ...)

It’s an interesting development that suggests that large institutions are increasingly seeing digital assets as a credible alternative to traditional means of issuing and trading financial securities. ( read original story ...)

In an emergency policy meeting, the central bank also extended the deadline for a series of measures it has deployed to combat the virus fallout, including accelerated corporate debt buying, by six ... ( read original story ...)

Naomi Osaka made her name beating Serena Williams on the court. Now, she’s topped the tennis icon at another key venue — the bank. Osaka, 22, earned $37.4 million in prize money and endorsements over ... ( read original story ...)

Crypto funds were expected to do well amid the economic turmoil sparked by the pandemic. But some are sputtering in the face of risks. ( read original story ...)

Kintor Pharmaceutical wants to take on blockbuster drugs in China and the US for prostate cancer and hair-loss treatments, after getting a red-hot reception for its IPO in Hong Kong. ( read original story ...)

Japanese Finance Minister Taro Aso and Bank of Japan Governor Haruhiko Kuroda met in Tokyo, the finance ministry said on Friday, in a show of resolve to coordinate fiscal and monetary policies to ... ( read original story ...)

Aso also told reporters that it was hard to predict the outlook for the Japanese economy now considering its link to overseas economies, but added that Japan was not in a state of financial crisis. ( read original story ...)

Japan's central bank said Friday it will provide some 30 trillion yen ($280 billion) to banks for financing small and medium-size businesses battling economic hardships brought on by the coronavrius ... ( read original story ...)