Hope Bancorp's acquisition of a business that serves Japanese companies should complement its historic focus on Korean business owners.
Japan equities drop as foreign selling hits 18-month peak
Overseas investors offloaded roughly ¥1.51 trillion ($9.5 billion) in Japanese cash equities for the week ending March 27, Japan Exchange Group ...
Bitcoin, ether trim recent losses as investors hope for end to Iran war: CNBC Crypto World
On today's episode of CNBC Crypto World, cryptocurrencies pare losses as investors grow more optimistic that the Iran war could move closer to an end. Plus, the Labor Department proposes new rules ...
L.A. bank to buy U.S. commercial banking unit from Japan’s SMBC
Hope Bancorp's acquisition of a business that serves Japanese companies should complement its historic focus on Korean business owners.
Implications From Japan’s March Rate Decision
Japan’s rate shift ends deflation, boosts Japanese equities, and may hit US stocks/bonds via yen-carry unwinds.
Franklin Templeton acquires digital assets investment firm in active crypto management push
Franklin Templeton has agreed to buy 250 Digital, which will join the newly established unit Franklin Crypto, as the firm deepens its digital assets push.
Citadel Securities-backed crypto exchange seeks bank charter
A cryptocurrency exchange backed by Citadel Securities joined a raft of companies applying to be a national trust bank under the Trump administration’s more welcoming policies for the industry.
Franklin Templeton agrees to buy crypto spinoff in digital-asset expansion
The money manager’s crypto investment unit will offer strategies designed to appeal to institutional investors.
Japan, France Agree to Step up Coordination on Hormuz, Iran War
Japan and France agree to coordinate efforts to end the Iran war and reopen the Strait of Hormuz, crucial for global oil and gas supply.
Japan’s Nikkei 225 has biggest gain of year on Iran hopes
Tokyo shares rose across the board on Wednesday, driven by hopes of a de-escalation in the Middle East conflict. The Nikkei 225 stock index surged 2,675 points for the largest gain so far this year.
Japan raises tobacco, corporate taxes to finance defense spending boost
Japan on Wednesday raised tobacco and corporate taxes to finance a boost in defense spending, with income tax hike set to follow in 2027 as the government projects the tax increases will add some 1.3 ...
Japan Firms Stay Upbeat Under Pressure, Keeping Rate Hike on Table
A key gauge of business sentiment in Japan improved for a fourth straight quarter.
Business sentiments in Japan improving despite Iran worries
A quarterly survey by the Bank of Japan shows business sentiment among major Japanese manufacturers improved slightly.
Bank of Japan chief signals vigilance to yen moves, impact on economy
By Leika Kihara TOKYO, March 30 (Reuters) - The Bank of Japan will closely watch yen moves as they affect the economy and prices, Governor Kazuo Ueda said on Monday, suggesting that rising import ...
Japan raises tobacco, corporate taxes to finance boost in defence spending
The tax increases are expected to add $10.5 billion annually in revenue. Read more at straitstimes.com. Read more at straitstimes.com.
Federal plan would let 401(k) investors tap private equity and crypto
The federal government has unveiled a proposal that would allow 401(k) participants to invest in private equity, crypto, commodities, and other alternative assets. While employers have always had the ...