Japanese financial group SBI Holdings 8473.T has become Shinsei Bank's 8303.T largest shareholder, a regulatory filing by the bank on Thursday showed. SBI's stake in Shinsei represents 13.09% of total ... ( read original story ...)
Japan’s Biggest Bank Names Hanzawa as Lending Unit Chief
Mitsubishi UFJ Financial Group Inc. promoted Junichi Hanzawa to chief of its main lending unit, as Japan’s largest bank faces mounting pressure on profitability. ( read original story ...)
Japan may intervene to arrest yen rise but only once, says former currency tsar
Japan may intervene in the foreign exchange market to prevent the yen from rising above 100 to the dollar, but just once given the difficulty of keeping currency rates pegged at a set level, former ... ( read original story ...)
Japan stocks look to trade higher, with many Asia-Pacific markets set for early close
Stocks in Japan were set for a positive start on Thursday, with multiple markets in Asia-Pacific poised to close early for Christmas Eve. Futures pointed to a higher open for Japanese stocks. The ... ( read original story ...)
Crypto firm BitGo touts record assets as PayPal deal falls through
In October, rumors swirled that PayPal was poised to acquire BitGo, one of the country’s oldest cryptocurrency firms. That deal will not happen, according to multiple sources, and BitGo is now ... ( read original story ...)
Crypto Conversation: You Just Can’t Keep Tether Down
This controversial stable coin has been in the cross-hairs of the feds, but it's still a hugely popular crypto player. ( read original story ...)
High-Flying Crypto Fund Dumps XRP With Ripple in SEC ‘Hot Water’
Bitwise Asset Management is dumping what was the world’s third-largest cryptocurrency after Ripple Labs Inc. and its top executives were accused by U.S. regulators of selling more than $1 billion of ... ( read original story ...)
The Biden administration can change the world with new crypto regulations
Devoid of any regulatory framework in the past four years we’ve been operating in limbo when it comes to the development and advancement of crypto products. Innovators in the fintech and blockchain ... ( read original story ...)
Crypto-currency firm Ripple charged by US watchdog
Crypto-currency firm Ripple has been charged with conducting investments without proper licences by the US Securities and Exchange Commission.The SEC asserted that Ripple's XRP token is a tradable ... ( read original story ...)
Japan stocks end higher on gains in drugmakers, tech stocks
Japanese stocks ended higher on Wednesday as investors bet the healthcare sector would continue to benefit from a prolonged battle with the coronavirus, while technology shares rose on signs that ... ( read original story ...)
White & Case Continues Asia Finance Expansion With Tokyo Partner
White & Case has hired a new partner in Tokyo specializing in debt financing deals. Clara Shirota joins from Clifford Chance where she was a Hong Kong-based consultant advising on leveraged finance ... ( read original story ...)
WealthNavi gives Tokyo Stock Exchange one of its biggest IPOs of year
Japanese robo-adviser WealthNavi Inc. debuted on the Tokyo Stock Exchange on Tuesday in one of the biggest initial public offerings on the bourse this year. The wealth management platform jumped about ... ( read original story ...)
Nikkei rises as pharma stocks gain on hopes of existing vaccines working on new virus strain
Japan's Nikkei share average edged up on Wednesday, with healthcare leading gains after drugmakers said the existing vaccines were likely to be effective against the new coronavirus variant, while ... ( read original story ...)
SEC lawsuit will cripple crypto: Ripple CEO
Ripple CEO Brad Garlinghouse addresses the Securities and Exchange Commission's lawsuit over the XRP cryptocurrency. ( read original story ...)
Japan stocks set to rise; Bank of Japan’s monetary policy meeting minutes ahead
Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,550 while its counterpart in Osaka was at 26,510. That compared against the Nikkei 225's last ... ( read original story ...)
REFILE-UPDATE 2-Japan’s MUFG bank business to make managing director Hanzawa CEO -Nikkei
Mitsubishi UFJ Financial Group's banking unit will promote a managing director, Junichi Hanzawa, to the position of CEO in an effort to shake up its corporate culture, the Nikkei business newspaper ... ( read original story ...)