SoftBank Group Corp is expected to extend earnings recovery when it reports third quarter results on Monday as frothy markets drive a rally in the value of its tech investment portfolio and offer ... ( read original story ...)
Japanese shares rally on upbeat earnings, U.S. stimulus hopes
Japanese shares ended more than 1% higher on Friday, following Wall Street's rally overnight, driven by upbeat earnings from domestic firms and expectations of a large U.S. stimulus package. ( read original story ...)
ICICI Bank signs MoU with Japan’s MUFG Bank
ICICI Bank and MUFG Bank will combine strengths to cater to banking requirements of Japanese corporates present in India.Japan is the fifth largest investor in India’s economy with cumulative FDI ... ( read original story ...)
Venmo to gain crypto, budgeting, savings and Honey integrations this year
The Venmo mobile payments app is going to look very different in 2021 as it inches closer to neobank territory with expansions into budgeting, saving and cryptocurrency, said Venmo parent company ... ( read original story ...)
Tennis-Osaka overcomes nerves to reach Gippsland Trophy last 16
(Reuters) - Naomi Osaka settled her nerves and stepped up her preparations for the Australian Open by beating Alize Cornet 6-2 6-2 to reach the last 16 of the Gippsland Trophy warm-up tournament ... ( read original story ...)
Tokyo’s Nikkei share average opens up 1.02 pct
Japan's benchmark Nikkei average opened up 1.02 percent at 28,631.46 on Friday, while the broader Topix gained 0.84 percent at 1,880.70. nAZN00UY51 TOKYO, Feb 5 (Reuters) - Japan's benchmark Nikkei ... ( read original story ...)
Japanese shares rise on upbeat corporate earnings, U.S. stimulus
Japanese shares rose on Friday, following Wall Street's rally overnight, as strong earning results of domestic firms and a large U.S. stimulus program boosted market sentiment. TOKYO, Feb 5 (Reuters) ... ( read original story ...)
Japan’s largesse cuts big banks much-needed slack
Lower credit costs helped Mitsubishi UFJ and Mizuho post better than expected earnings. Thank government stimulus, not least for slowing bankruptcies. With the central bank able to offer just token ... ( read original story ...)
Dems to Meet Biden; Post-Coup Myanmar Vaccinations: Virus Update
Top Democrats from the U.S. House of Representatives will meet with President Joe Biden on Friday after the Senate backed a non-binding call to oppose stimulus checks for upper-income taxpayers. ( read original story ...)
Japan Households Cut Spending in December Before Emergency
Japan’s household spending edged down in December, falling for the first time in three months, before the spread of coronavirus forced the government to call another state of emergency early this year ... ( read original story ...)
PREVIEW-SoftBank Q3 earnings recovery seen driven by IPO boom
SoftBank Group Corp is expected to extend earnings recovery when it reports third quarter results on Monday as frothy markets drive a rally in the value of its tech investment portfolio and offer ... ( read original story ...)
Nikon to close two lens factories in Japan
Shrinkage of the camera market has led Nikon to suspend operations next month at two Japanese factories that produce interchangeable lenses for digital cameras. ( read original story ...)
Japan’s Households Cut Spending in December Before Emergency
Japan’s household spending edged down in December, falling for the first time in three months, before the spread of coronavirus forced the government to call another state of emergency early this year ... ( read original story ...)
Japan stocks poised to trade higher; video sharing app Kuaishou set to make Hong Kong debut
China's Kuaishou Technology is set to make its debut in Hong Kong on Friday, with shares priced at 115 Hong Kong dollars (about $14.83) apiece. ( read original story ...)
Junket accuses former boss of using company like a piggy bank
He reportedly used the company’s bank account to cover gambling trips to Macau between 2014 and 2016 and apparently wasn’t a very good gambler, as he lost everything. Not only did he waste $1.4 ... ( read original story ...)
Japan’s top lender MUFG swings to Q3 profit of $1.96 bln
Credit-related costs Y343.6 bln for nine months through Dec TOKYO, Feb 4 (Reuters) - Japan's top lender Mitsubishi UFJ Financial Group Inc 8306.T on Thursday posted a third-quarter net profit of 206.2 ... ( read original story ...)