Tag: banking

A top market strategist at the research arm of New York-based global investment manager AllianceBernstein, which has $631 billion in assets under management, has admitted he's "changed [his] mind" ... ( read original story ...)

Russian cryptocurrency and blockchain association warns the Bank of Russia against the excess centralization of the digital ruble ... ( read original story ...)

DoorDash plans to price its upcoming IPO at between $90 and $95 per share, implying a market value for the biggest U.S. food delivery group of around $35.7 billion. ( read original story ...)

Food delivery startup DoorDash Inc said on Friday it now expects to raise up to $3.14 billion in its U.S. initial public offering (IPO) after lifting its pricing range, signaling a frenzied interest ... ( read original story ...)

Tokyo's key Nikkei index closed lower on Friday, pushed down by worries over coronavirus vaccine distribution. ( read original story ...)

Japan's Prime Minister Yoshihide Suga on Friday announced the creation of a 2 trillion yen ($19.2 billion) fund to promote investment in environmentally friendly projects, as part of additional ... ( read original story ...)

The proposed stimulus package also calls for a review of regulations that govern the scope of banks' businesses, with an eye to spurring digitalisation ... ( read original story ...)

Amid a resurgence of infections in various parts of the country, the new economic package is expected to be approved next week by Prime Minister Yoshihide Suga's Cabinet. ( read original story ...)

Japan should consider creating a safety net for companies that may need help surviving the hit from the coronavirus pandemic, such as airlines and transportation firms, said Heizo Takenaka, a close ... ( read original story ...)

Japan will offer subsidies to regional banks that merge with rivals as part of plans to encourage economic growth in regional areas, a draft of a stimulus package seen by Reuters showed on Friday. ( read original story ...)

Japan's government is considering creating a 1 trillion to 2 trillion yen ($9.63 billion to $19.27 billion) fund to promote investment in environment-friendlier areas, three government officials with ... ( read original story ...)

The Wall Street Journal reported that Pfizer had originally planned to ship 100 million doses this year, but some early batches of raw materials failed to meet standards. ( read original story ...)

Zhao says he expects Binance to have profits of $800 million to $1 billion this year, up from about $570 million last year, as market uncertainty pushes traders into digital coins. ( read original story ...)

Japan's new economic package will include increased subsidies for medical institutions to help them secure more beds for novel coronavirus patients, a government draft of the stimulus showed Thursday. ( read original story ...)

Princeton, New Jersey-based Certara was founded to develop biosimulation software to assist biopharmaceutical companies in conducting virtual trials to predict how drugs might behave in patients. ( read original story ...)

Visa, PayPal, and Facebook's Diem, formerly known as Libra, are looking to capitalize on the rapidly growing crypto payments industry. ( read original story ...)