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Tag: banking

Posted on 26/08/2023

Arm Expected To Imminently File Paperwork To Go Public—What To Know About The U.S.’ Biggest IPO In Two Years

SoftBank’s Arm is set for the biggest IPO since Rivian. Arm designs semiconductors and other microtechnology for computing and is currently owned by Japan’s SoftBank, which recently purchased ...

Posted on 26/08/2023

Circle’s CEO on the future of crypto regulation after the crypto winter and FTX’s failure in 2022

"A lot of the ideas that we have about how money moves around are going to change," Jeremy Allaire says on this week's Leadership Next podcast.

Posted on 26/08/2023

PEPE price tanks as developers move to dump the crypto token

Investors in crypto token PEPE, which shot up in value earlier this year, noticed that the developers are preparing to sell their holdings.

Posted on 26/08/2023

Mastercard ends Binance card partnership in latest blow to crypto giant

Mastercard will no longer offer Binance-branded cards in Latin America and the Middle East, which let customers user their crypto to purchase goods.

Posted on 26/08/2023

Japan to draw up stimulus package as soon as September

TOKYO -- Japanese Prime Minister Fumio Kishida will direct his government to draft a set of economic stimulus measures as early as next month, aiming to boost the country's growth potential and ...

Posted on 26/08/2023

Sushi, Bans, And Business: Japan’s Radioactive Water Release Sparks Concerns For US Seafood Traders

Japan’s decision to release treated radioactive water from the Fukushima nuclear power plant has sent shockwaves through the global seafood market. While the International Atomic Energy Agency vouches ...

Posted on 26/08/2023

SoftBank-backed Neumora Therapeutics files paperwork for U.S. IPO

Aug 25 (Reuters) - Biopharmaceutical firm Neumora Therapeutics, which is backed by biotech Amgen (AMGN.O) and Japan's SoftBank (9984.T), filed for an initial public offering of its shares in New York ...

Posted on 26/08/2023

Klaviyo files to go public in latest sign of life for IPO market

Klaviyo got its start in the e-commerce industry, helping businesses better target their email and text message marketing to shoppers.

Posted on 26/08/2023

Downside risk in crypto market is ‘limited’ after August correction, says JPMorgan

After the recent correction, however, most downside risk is behind us, according to JPMorgan. Late last Thursday the price of bitcoin dropped as much as 9% , briefly dropping below $26,000, following ...

Posted on 26/08/2023

Dropbox Is Dropping Unlimited Storage, Blames Crypto Miners

The major cloud storage platform said unlimited was made for businesses, but folks were apparently ‘pooling’ or even ‘reselling’ storage space.

Posted on 26/08/2023

U.S. Tackles Crypto Tax Mess

Long-delayed regulations would treat crypto platforms more like brokers who handle stocks and mutual funds.

Posted on 26/08/2023

Crypto Exchanges to Report Customer Data Under Treasury Proposal

US-based cryptocurrency exchanges, such as Coinbase Global Inc. and Kraken, would have to disclose detailed information on their clients’ transactions to the IRS starting in 2026 under a new Treasury ...

Posted on 26/08/2023

Bank of Japan will keep current policy until at least July 2024, most economists say: Reuters poll

The Bank of Japan will start downscaling its massive monetary easing only in a year's time, the majority of economists said in a Reuters poll, as speculation for further policy shifts abated after a ...

Posted on 25/08/2023

Japan’s 10-year yield above 9-year high prompting alarm at BOJ

Japan’s 10-year government bond yield attained its highest level in more than nine years. The move is significant to the central bank’s recent market intervention in response to a comparable situation ...

Posted on 25/08/2023

Japan’s Nikkei tumbles 2% as Asia markets fall ahead of Powell’s Jackson Hole speech

Japan's Nikkei 225 tumbled 2.05%, leading losses in Asia and closing at 31,624.28. The Topix was down 0.88%, ending at 2,266.4. Both indexes snapped four-day winning streaks. Core inflation rate for ...

Posted on 25/08/2023

Crypto Is Dead? Or Is That Just ‘Fud’?

The acronym, which stands for “fear, uncertainty and doubt,” is used by crypto die-hards to dismiss any bad news about the industry, even when it is merited.

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