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Tag: finance

Posted on 24/11/2021

Japan to issue JPY22 trillion worth of bonds as economic stimulus – Nikkei

Japan’s government to issue additional new bonds worth 22.1 trillion yen for this fiscal year to fund stimulus, the Nikkei Asian Review reports, citing a draft of the stimulus document. developing ... ( read original story ...)

Posted on 24/11/2021

Japan’s Shinsei Bank to withdraw poison pill defence against SBI Holdings’ bid

Shinsei Bank said on Wednesday it will cancel plans to introduce a poison pill defence aimed at blocking SBI Holdings Inc's $1.1 billion bid, paving the way for the online financial conglomerate to ... ( read original story ...)

Posted on 24/11/2021

Japan to implement bank-deposit-backed digital currency in 2022

A new digital currency backed by bank deposits is set for a test run in Japan as early as this year, an effort that will involve the nation's top banks and about 70 other companies. ( read original story ...)

Posted on 24/11/2021

Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End

A consortium of 74 Japanese firms is plans to issue a digital yen that will work similar to bank deposits by the end of 2022, the consortium’s secretariat, DeCurret, said in a white paper and a ... ( read original story ...)

Posted on 24/11/2021

Shinsei Bank Drops Poison Pill Defense Against SBI Takeover

Shinsei Bank Ltd. has dropped its poison pill defense against SBI Holdings Inc.’s planned takeover of the mid-sized Japanese lender. ( read original story ...)

Posted on 24/11/2021

Japan to Spend $313 Billion in Extra Budget as Tax Income Overshoots – Draft

Japan's government is set to compile an extra budget for this fiscal year featuring spending worth 36 trillion yen ($313 billion), with additional new bond issuance at 22.1 trillion yen, a draft of ... ( read original story ...)

Posted on 24/11/2021

Japan Prepaid Cards Market Report 2021: Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend, Market Risk 2016-2025

The "Japan Prepaid Cards Business and Investment Opportunities - Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk" report has been added to ... ( read original story ...)

Posted on 24/11/2021

Japan MOF to maintain FY2021/22 interest-bearing JGB market issuance

Japan's Ministry of Finance is set to keep market issuance of interest-bearing government bonds (JGB) unchanged as it reviews its issuance plan for this fiscal year following a new stimulus package, ... ( read original story ...)

Posted on 24/11/2021

Japan to strengthen supervision on virtual assets

Japan Ministry of Finance plans to strengthen the monitoring of virtual assets including Bitcoin to prevent misuse for purposes such ... ( read original story ...)

Posted on 24/11/2021

Japan’s factory activity grows at fastest pace in nearly four years – PMI

The 3M range for USDINR is 73.80 – 76.00 and the 6M range is 73.50 – 76.50. This report has been prepared by IFA Global. IFA Global shall not be in any way responsible for any loss or damage that may ... ( read original story ...)

Posted on 24/11/2021

Nikkei drops as hawkish Fed bets unsettle investors

Japan's Nikkei ended lower on Wednesday, as growth-oriented stocks took a beating amid investor concerns that the U.S. Federal Reserve might speed up policy tightening to cope with broadening ... ( read original story ...)

Posted on 24/11/2021

Consortium of Japanese firms to test launch digital currency

The digital currency will be backed by bank deposits and use a common platform to speed up large-scale fund transfers and settlement among companies, and cut costs. ( read original story ...)

Posted on 24/11/2021

New bank-deposit-backed digital currency set for Japan trials

A new digital currency backed by bank deposits is set for a test run in Japan as early as this year under an effort involving the nation's top banks and about 70 other companies. ( read original story ...)

Posted on 24/11/2021

Crypto-Asset Policy Sprint Initiative By Three US Regulatory Agencies: The Fed, The OCC And The FDIC Is Really A Crawl

The US has many regulators connected with banking organizations, the arrival of a new asset class or a mix of asset classes starts a turf war on which agency gets to regulate them. SEC, OCC, Fed, FDIC ... ( read original story ...)

Posted on 24/11/2021

Stock Market Live Updates: Sensex, Nifty defy weak global mood, trade higher; PSU Bank, Media lead sectoral gainers; IOB jumps 15%, Vedanta drops 3%;

Oil prices fell on Wednesday as the US-led coordinated release of stocks from strategic reserves eased concerns over tightness in global supply, while investors took profits from the previous day's ... ( read original story ...)

Posted on 24/11/2021

Nikkei slips as growth stocks unsettled by Fed outlook

Japan's Nikkei fell on Wednesday, as growth-oriented stocks took a beating from worries the U.S. Federal Reserve might speed up policy tightening to cope with the rising spectre of inflation. TOKYO, ... ( read original story ...)

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