Didi said Friday that it would "immediately" start the process of delisting from the New York Stock Exchange and pivot to Hong Kong, just months after its disastrous IPO. ( read original story ...)
Shadow Banking Market Statistics: Major Factors that Can Increase the Global Demand Till 2027
Shadow banking is a term used to different financial ... the U.K., Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia ... ( read original story ...)
OECD Urges Bank of Japan to Continue With Monetary Easing Stance
The Bank of Japan should continue its current monetary easing, given that inflation remains below the bank’s 2% target, the OECD says in a survey of the country’s economy. ( read original story ...)
Vietnam Police Bust $3.8 Billion Crypto-Tied Gambling Ring: VTV
Ho Chi Minh City police have detained 59 people tied to the biggest illegal online gambling ring ever uncovered by Vietnamese authorities, according to state-owned broadcaster VTV. ( read original story ...)
Japan Defends Coupon Distribution Despite Criticism Over Cost
Japan defended its plans to use vouchers in a program providing Covid relief to families with children amid criticism that the coupons, which will add nearly $1 billion in costs, are an unnecessary ... ( read original story ...)
Reaction to Didi Global’s plans to delist from New York
Didi ran afoul of Chinese authorities by pushing ahead with its $4.4 billion U.S. IPO in July despite being asked to put it on hold while a review of its data practices was conducted. The Chinese ... ( read original story ...)
Didi delisting revives US-China worries
Stocks fell on Friday after Chinese ride-hailing giant Didi said it would delist in New York, renewing concern about US-China tensions and tech regulation, while oil headed for a sixth consecutive ... ( read original story ...)
Nikkei reverses course to end higher on bargain buying as travel stocks jump
Japan's Nikkei reversed course to end higher on Friday, led by travel and leisure shares, as investors scooped up stocks that were beaten down amid concerns over the impact of the Omicron coronavivus. ( read original story ...)
Sekisui House: Working with Customers for 20 Years to Conserve Urban Biodiversity with “Gohon no Ki” (Five Trees) Indigenous Landscaping Concept
Sekisui House, Ltd. has been pursuing the conservation of biodiversity since 2001 by creating green networks in urban residential districts under its "Gohon no ki" (five trees) indigenous landscaping ... ( read original story ...)
India at crypto crossroads as New Delhi considers ban
At the Cricket World Cup, at least 70 per cent of the advertisements coming on television were something to do with crypto,” said Uday Singh Ahlawat, a corporate lawyer based in New Delhi. “Because ... ( read original story ...)
Someone stole $120 million in crypto by hacking a DeFi website
On Wednesday night, someone drained funds from multiple cryptocurrency wallets connected to the decentralized finance platform BadgerDAO. According to the blockchain security and data analytics ... ( read original story ...)
Ola plans IPO in first half of 2022
Ola, backed by Japan's SoftBank Group, is also gearing up to create something of a "super app" with plans to broaden its services beyond mobility to include personal finance and micro insurance. ( read original story ...)
Nikkei edges lower on Omicron woes; SoftBank falls after Grab slumps
Japan's Nikkei share average slid on Friday, dragged down by declines in SoftBank Group and other heavyweights, as investors assessed the impact of the new Omicron coronavirus variant. By Junko Fujita ... ( read original story ...)
Japan services sector grows at fastest pace since 2019
Japan’s services sector activity grew at the fastest pace in more than two years in November on a jump in new business, signalling stronger consumer confidence as the coronavirus pandemic subsided. ( read original story ...)
‘It’s going to be very obvious that every bank needs to become a crypto bank,’ says CEO of bank to nab 1st federal charter for digital assets
Crypto in a snap. Bitcoin BTCUSD tumbled this week amid omicron, the coronavirus variant first identified in the southern parts of Africa and has now been detected in the U.S. The ... ( read original story ...)
More Companies Will List in Japan This Month Than Ever Before
December is set to see the most companies list in a single month in Japan, with a total of 32 firms due to go public before the end of the year, according to data compiled by Bloomberg. That would top ... ( read original story ...)