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 ...)
Japan December Household Spending Falls 0.6% Year-On-Year
Japanese household spending fell 0.6% in December from a year earlier, government data showed on Friday, compared with economists' median estimate of a 2.4% decrease. To view the data on the website ... ( read original story ...)
Venmo adding crypto, budgeting and savings functions to app later this year
Venmo will expand its functionality in the coming months, according to an earnings call with the app's parent company, PayPal. Not only will users be able to send a few bucks to a friend quickly, but ... ( read original story ...)
Nikon to close a pair of lens factories in Japan among ongoing consolidation, what does it mean?
According to a report (translated version) by Nikkei, Nikon will suspend operations at two of its Japanese lens factories by the end of March as part of an overall consolidation plan. The factories in ... ( read original story ...)
Netflix Climbs After Company Raises Prices by 13% in Japan
Netflix Inc. shares rose as much as 3.7% on news that the company is raising the price of its service in Japan, bolstering revenue in an increasingly key market for the streaming giant. ( read original story ...)
Venmo to gain crypto, budgeting, bill pay, 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, bill pay and cryptocurrency, said Venmo parent ... ( read original story ...)
Year of the unicorn: 24 companies surpass $1bn valuation this year
There has been somewhat of a stampede of companies reaching unicorn status since the start of the year following a The post Year of the unicorn: 24 companies have surpassed $1bn valuation this year ... ( read original story ...)
The Bank of England Tells Banks to Prepare for Negative Interest Rates
Policymakers said they had no plans to introduce negative rates to stimulate the economy, but they wanted to be prepared. ( read original story ...)
Coinbase IPO: Here’s What You Need To Know
Soon you’ll be able to buy the company that helps you buy Bitcoin. Coinbase, the largest cryptocurrency exchange in the U.S., has announced plans to go public—but it will eschew the traditional initia ... ( read original story ...)
IOC’s Coates says Tokyo Olympics “100%” likely to go ahead – Nikkei
A senior official of the International Olympic Committee (IOC), John Coates, said it was “100%” likely that the Games would go ahead in Tokyo this summer, Nikkei Asia reported on Thursday. Coates also ... ( read original story ...)
Over Budget and Fraught with Problems, Tokyo Games Spark Calls for Olympic Reforms
But things didn’t go exactly as planned -- and not only because of the coronavirus pandemic, which forced the games to be delayed by a year. There was the expensive proposal for Tokyo’s main Olympic ... ( read original story ...)
Crypto.com sets new monthly highs in trading volume and revenue
Crypto.com records new monthly highs in trading volume, user registration and revenue as BTC and ETH prices surge. ( read original story ...)
Doge Token Pumps After Elon Musk Tweets ‘Dogecoin Is the People’s Crypto’
Elon Musk has tweeted that dogecoin is people’s crypto shortly after the billionaire pledged to go off the social media platform for while. ( read original story ...)
Traders Piling Into Overvalued Crypto Funds Risk a Painful Exit
Many investors racing to get in on Bitcoin’s big rally have bet on the cryptocurrency through investment trusts rather than buying the coins themselves. These fund-like trusts have some advantages: ... ( read original story ...)
Goldman’s Marcus head exits – Payoneer goes SPAC – Visa pushes into crypto
The top finance stories for February 4 including the latest news on the head of Goldman Sachs' Marcus leaving his role. ( read original story ...)
SoftBank-backed used car marketplace Auto1 rallies 45% in debut
Shares of SoftBank-backed used car marketplace Auto1 rallied 45% on Thursday following its debut on Germany's Frankfurt stock exchange. ( read original story ...)