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Tag: banking

Posted on 16/08/2025

SoftBank’s PayPay Files for US ADR Listing, IPO Could Raise Over $2 Billion

SoftBank’s payments arm PayPay has filed for a U.S. ADR listing, potentially raising over $2 billion as early as Q4 2025. The fintech giant, credited with boosting Japan’s shift to cashless payments, ...

Posted on 16/08/2025

SoftBank payments JV PayPay seeks US IPO

PayPay filed the necessary IPO paperwork for a move involving its common shares with the US SEC late yesterday.

Posted on 15/08/2025

Crypto in your 401(k)? What Trump’s executive order could mean for the way you save for retirement

A Trump executive order cleared the way for higher-risk investments like crypto to be added to your 401(k), but don't expect to add them to your plan right away.

Posted on 15/08/2025

FBI exposes ‘fictitious’ law firms conning crypto scam victims

Fictitious law firms use manipulative tactics such as exploiting the emotional and financial vulnerability of the crypto scam victims.

Posted on 15/08/2025

The Trump Family’s Crypto Empire Is Expanding—Fast

A new deal will see a publicly traded company buy up to $1.5 billion of the Trump family's proprietary crypto token, further blurring the lines between the White House and their private business ...

Posted on 15/08/2025

PayPay Files for U.S. IPO, Eyes Over $2 Billion Raise

SoftBank’s PayPay has officially filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) for an initial public offering, marking a ...

Posted on 15/08/2025

SoftBank Group’s PayPay Files Paperwork for U.S. IPO — Update

SoftBank Group's payments app operator PayPay submitted paperwork for an initial public offering in the U.S., a move that could add to the Japanese company's coffers as it pours billions into ...

Posted on 15/08/2025

Global stocks, gold, Bitcoin and oil remain up ahead of Trump-Putin summit in Alaska

Global stocks, Bitcoin, oil, and precious metals all climbed on Thursday as traders braced for the high-stakes Friday summit between Trump and Putin.

Posted on 15/08/2025

SoftBank’s PayPay files for US IPO

SoftBank said on Friday that payments app operator PayPay Corp has applied to list American depositary shares in the United States.

Posted on 15/08/2025

Japan’s Nikkei 225 breaches 43,000 for first time ever

After hitting 42,999.71 intraday on Tuesday, the Nikkei 225 stock index breached the 43,000 level for the first time ever on Wednesday and continued higher from the open with some conviction. The ...

Posted on 15/08/2025

Japan’s Nikkei ends at record high as yen weakens, economy shows resilience

TOKYO: Japan's Nikkei closed at an all-time high on Friday, as the yen weakened and data showed the nation's economy was surprisingly resilient.

Posted on 15/08/2025

Nikkei shatters all-time high, soaring 2.5% as tariff fears evaporate

Returning from a holiday with explosive force, Japan’s Nikkei 225 Stock Average shattered its all-time high on Tuesday, as a powerful wave of relief over US trade policy and a rally in technology ...

Posted on 15/08/2025

Japan says US is not pressuring BOJ for rate hikes, markets not so sure

Japan's government on Friday brushed aside rare and explicit comments from U.S. Treasury Secretary Scott Bessent who said the Bank of Japan was "behind the curve" on policy, which appeared to be aimed ...

Posted on 15/08/2025

Akazawa Says Bessent Isn’t Asking Japan to Hike Rates

Japan's chief trade negotiator Ryosei Akazawa said US Treasury Secretary Scott Bessent isn't directly asking Japan to hike interest rates, a day after Bessent moved markets by describing the Bank of ...

Posted on 15/08/2025

Japan’s July inflation rate likely eased but remained above BOJ target: Reuters poll

Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a Reuters poll showed, adding to pressure on the central bank to raise ...

Posted on 15/08/2025

Japan’s economy has surged 1% on an annualized basis

Japan’s GDP climbed 0.3% in the April–June quarter, resisting recession pressures despite new U.S. export duties. At an annualized pace, the country’s economy grew 1% in the quarter, exceeding ...

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