Naspers Ltd.-backed cryptocurrency platform Luno is in talks about expanding in Kenya and Ghana to extend its African footprint, as Bitcoin rallies 99% over the past two months amid the coronavirus ... ( read original story ...)
Osaka Matsui Management Analysts Report Online Used Car Dealer Vroom Files For IPO
Analysts from Osaka Matsui Management have highlighted that the US used car dealer Vroom is scheduled to list for an IPO ... ( read original story ...)
Singapore’s PropertyGuru Grew Sales 24% While Gauging IPO Window
Southeast Asian online property leader PropertyGuru Pte grew revenue 24% in 2019 thanks to surging regional wealth, a strong performance its chief executive said may be hard to repeat this year. ( read original story ...)
Japanese shares advance on growing hopes for economic restart
Japanese stocks gained on Wednesday, supported by hopes that the government would allow economic and social activities to resume in response to a decline in new coronavirus infections. ( read original story ...)
Camila Cabello Joins Mastercard Roster Creating Digital Priceless Experiences
From intimate acoustic sessions with Camila Cabello featuring new renditions of her hit music to a question and answer session hosted by rugby legend Bryan Habana and two-time Grand Slam™ winner Naomi ... ( read original story ...)
Japan’s MUFG to close up to 40% of domestic bank branches
Japan's Mitsubishi UFJ Financial Group Inc (MUFG) 8306.T said on Wednesday it would shutter up to 40% of its domestic branches by fiscal 2023 as the lender plans to adopt more cost-cutting measures in ... ( read original story ...)
Treasury-Beating Aussie Bonds Lure Japan Funds With Cheap Hedges
Australia’s sovereign bond market is re-emerging as an attractive proposition for Japan’s yield-hungry investors. ( read original story ...)
Sony To Buy Finance Unit for $3.7 Billion Following Strategic Review
Japanese electronics to entertainment giant Sony is to offer up to $3.7 billion (JPY400 billion) to take full control of its finance division. The move would shore up its profits. Sony president ... ( read original story ...)
Japan to Create Scheme to Inject Capital Into Smaller Firms Hit by Pandemic: Nikkei
Japan's government will create a pool of funds with private financial institutions to inject capital into small and mid-sized firms struggling from the hit to earnings from the coronavirus pandemic, ... ( read original story ...)
Sony Financial Buyout Boosts Potential Nikkei 225 Replacements
Shares in financial companies not already part of the Nikkei 225 jumped in Tokyo on news that Sony Corp. would buy out its unit Sony Financial Holdings Inc., opening a rare slot on the benchmark index ... ( read original story ...)
Major $800 Million Bitcoin And Crypto Investor Reveals Coming ‘Fourth Cycle’
Silicon Valley venture capital firm Andreessen Horowitz has forecast a "fourth crypto cycle" could be on the horizon—potentially sending the bitcoin price sharply ... ( read original story ...)
Hedge Fund That Timed Big Short, Crypto Rally Eyes Venezuela
Venezuela’s bond market has been rocked over the past few years by defaults, sanctions and a collapse in crude oil prices. Yet the disastrous cocktail is attracting hedge funds including London’s ... ( read original story ...)
Bank of Japan to hold emergency meeting Friday to decide on new loan scheme
The Bank of Japan said it will hold an emergency policy meeting on Friday to sign off on a new lending programme to help firms combat the fallout from the coronavirus crisis. ( read original story ...)
Japan’s Economic Conditions Likely to Stay Tough in Current Quarter, Finance Minister Says
Economic conditions in Japan will likely stay tough in the current quarter, Finance Minister Taro Aso said on Tuesday, also promising that the government would ensure support for employment and help ... ( read original story ...)
Asian Stocks Advance After U.S. Rally; Oil Gains: Markets Wrap
Asian stocks rose Tuesday, spurred by a surge on Wall Street, after early results for an experimental vaccine sparked speculation economies could snap back quickly. Oil extended gains and Treasury ... ( read original story ...)
Asian Shares Firm on Hopes of Global Recovery; Japanese Economy Contracted
Asian traders saw this as a good sign for the global economy because it indicates demand may be picking up. Late Sunday (local time), Federal Reserve Chairman Jerome Powell took a cautious line in an ... ( read original story ...)