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Tag: banking

Posted on 26/11/2020

Japan’s Stock-Playing Central Bank Racks Up $56 Billion Gain

The Bank of Japan under Gov. Haruhiko Kuroda scored after boosting investments at the stock-market bottom, but some have started saying he shouldn’t play the market so much. ( read original story ...)

Posted on 26/11/2020

Pandemic and internet banking push Japan’s banks to revamp their branches

Withdrawing or transferring cash through a bank teller could completely disappear in Japan within a few years as banks revamp branches to adapt to the digital age. ( read original story ...)

Posted on 26/11/2020

Crypto Boom Shaken as Bitcoin Plunges Along With Other Coins

Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. ( read original story ...)

Posted on 26/11/2020

Crypto crash: After nearing record, Bitcoin plunges

Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. Bitcoin slumped as much as 8.7%, the most since early ... ( read original story ...)

Posted on 26/11/2020

Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges. ( read original story ...)

Posted on 26/11/2020

Analysis: With New Bank Aid, BOJ Makes Stealthy Retreat From Negative Rates

Short-term rates may creep up if the banks tap markets for funds that they then shift to BOJ deposits to earn 0.1% interest. That would complicate the BOJ's efforts to meet its -0 ... ( read original story ...)

Posted on 26/11/2020

Japan’s stocks are on a tear and could rise another 14%, says Nikko strategist

Nikko Asset Management's John Vail said the Nikkei 225 is set to trade even higher in 2021, after already gaining more than 11% so far this year. ( read original story ...)

Posted on 26/11/2020

Japan’s export credit agency to lend $2 billion to Nissan for U.S. sales financing

Japan's state-owned export credit agency has agreed to give Nissan Motor Co up to $2 billion as part of a credit agreement to help it finance car sales in the United States. ( read original story ...)

Posted on 26/11/2020

Bond Investors Wait for Japan to Break Silence Over New Budget

As coronavirus infections in Japan spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget. ( read original story ...)

Posted on 26/11/2020

Bitcoin could soar to $100,000 by the end of next year as demand rapidly exceeds supply, a crypto investor says

Anthony Pompliano told CNBC that Janet Yellen was "notorious" for tolerating higher inflation and that her nomination could push Bitcoin higher. ( read original story ...)

Posted on 26/11/2020

Japan to give tax breaks for long-term foreign residents to attract financial experts

Japan plans to implement tax incentives for long-term foreign residents as part of efforts to turn the country into a major international financial hub, government sources said Wednesday. Under the ... ( read original story ...)

Posted on 26/11/2020

Bitcoin could soar to $100,000 by the end of next year as supply rapidly exceeds demand, says a crypto investor

Anthony Pompliano told CNBC Janet Yellen is "notorious" for tolerating higher levels of inflation and her nomination could push bitcoin higher. ( read original story ...)

Posted on 25/11/2020

Ethereum Upgrade Adds to Crypto Mania Sparked by Bitcoin’s Surge

An upcoming upgrade for Ethereum, the most-actively used blockchain in the world, is adding to the mania around cryptocurrencies sparked by the jump in Bitcoin. ( read original story ...)

Posted on 25/11/2020

JD Unit Seeks up to $3.5 Billion in Asia’s Biggest Health IPO

JD Health International Inc. is looking to raise as much as $3.5 billion in its Hong Kong initial public offering in what would be Asia’s biggest health-care listing on record. ( read original story ...)

Posted on 25/11/2020

China Firm Seeks Shot Approval; Tokyo Restaurants: Virus Update

A leading Chinese vaccine developer applied to bring its shot to the market, seeking to get a jump on Western rivals as the race for a working inoculation against the pandemic enters the final stretch ... ( read original story ...)

Posted on 25/11/2020

Japan’s Nikkei Up Nearly 2% as Asia-Pacific Shares Mostly Rise After Dow Surges to a New Record

In Japan, the Nikkei 225 jumped 1.87% while the Topix index gained 1.47%. The Hang Seng index in Hong Kong also saw robust gains as it advanced 1.37%. South Korea's Kospi advanced 0.58%. Over in ... ( read original story ...)

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