Tag: banking

The company plans to raise an additional $250 million in a forward purchase agreement with Japanese game developer Nexon (TSE ... SPAC Ascendant Digital Acquisition files for a $300 million IPO ... ( read original story ...)

Lemonade, the insurance startup backed by Japan's SoftBank, came off an IPO with $319M and a valuation at $1.6B, less than the $2.1B it was valued at last year. ( read original story ...)

What if crypto exchange users were able to get their hands on meaningful market sentiment data free of charge? It appears that this is now possible and would give traders a competitive edge as crypto ... ( read original story ...)

Many companies using Wirecard’s service would have been struck by the news, and would have had to hit the panic buttons, including a few crypto companies using Wirecard for their own card payment ... ( read original story ...)

BlockFi says its monthly revenue has doubled as it sees a surge in new users for its crypto lending service and interest accounts. In a company blog posted on Thursday, the crypto lender said monthly ... ( read original story ...)

Tokyo stocks rebounded modestly on Thursday, although their upside was capped by growing coronavirus fears amid a rise in infections in the capital. The Ni ... ( read original story ...)

Japanese shares climbed a tick higher to end firmer on Thursday on subtle signs that the global economy was emerging from the coronavirus lockdown, though investors maintained a cautious stance after ... ( read original story ...)

Nikkei has learned. Under the deal, a syndicate of lenders including the Japan Bank for International Cooperation and the nation's top-three private sector banks will provide the loans ... ( read original story ...)

Japan's Ministry of Health, Labor and Welfare told the Nikkei Asian Review that a business fast-track with Europe is "under consideration," but so far Japan is only allowing Japanese nationals to ... ( read original story ...)

The benchmark Nikkei average advanced 0.65% to 22,266.23 by the midday break, clawing back from a 0.75% drop on Wednesday, with cyclical stocks leading the gains. Soichiro Matsumoto, chief investment ... ( read original story ...)

Insurance startup Lemonade Inc , which is backed by SoftBank Group Corp , raised $329 million in its U.S. initial public offering, a person familiar with the matter said on Wednesday. Lemonade is the ... ( read original story ...)

Japanese shares ended lower on Wednesday as the Bank of Japan's quarterly corporate survey showed business mood dropped to the worst level in 11 years, while the continued spread of COVID-19 cases in ... ( read original story ...)

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and ... ( read original story ...)

Germany’s finance minister says businesses have a “moral obligation” to pass a temporary cut in value-added tax on to customers. ( read original story ...)

Curv, which provides a keyless digital asset custody solution to institutions, recently closed a $23 million round. Will this success help fuel greater institutional adoption of crypto? ( read original story ...)

July 1 (Reuters) - SoftBank Group Corp-backed 9984.T insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. init ... ( read original story ...)