The top finance news for Aug. 17, including the latest on financial firms' office expansions, and some bankers' push to work from home. ( read original story ...)
Seoul mates: Korea retail investors are bankers’ best buddies amid record IPO fees
Investment banks in South Korea have pocketed record fees from equity underwriting this year thanks to a boom in initial public offerings (IPOs), data showed - and bankers are betting a buzzing deal ... ( read original story ...)
Malicious Ads Target Cryptocurrency Users With Cinobi Banking Trojan
A new social engineering-based malvertising campaign targeting Japan has been found to deliver a malicious application that deploys a banking trojan on compromised Windows machines to steal ... ( read original story ...)
My Puzzling Entry in the Crypto World
Developers of new crypto will kick-start trading by putting money into a “liquidity pool.” The details here get complicated, but suffice it to say, most coin makers pour about $10,000 into their pools ... ( read original story ...)
Peter Thiel-backed crypto broker Bitpanda triples valuation in five months to $4.1 billion
Cryptocurrency trading platform Bitpanda raised $263 million in a fresh round of funding valuing the company at $4.1 billion. ( read original story ...)
Nikkei falls for fourth day as virus worries outweigh upbeat earnings cheer
The Nikkei share average ended 0.36% lower at 27,424.47, erasing earlier gains of 0.52% after strong financial results from heavyweights including Tokyo Electron. ( read original story ...)
Tokyo’s Nikkei closes down for fourth day
Tokyo's benchmark Nikkei index erased early gains and closed down for a fourth consecutive session on Tuesday on concerns over a surge in virus cases.The Nikkei 225 index slid 0.36 percent, or 98.72 ... ( read original story ...)
Tokyo’s Nikkei share average closes down 0.36 pct
Japan's benchmark Nikkei average closed down 0.36 percent at 27,424.47 on Tuesday, while the broader Topix shed 0.48 percent at 1,915.68. TOKYO, Aug 17 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Can Japan lead global health finance amid the pandemic?
Japan was the largest provider of development aid in response to the COVID-19 crisis among the G7 nations in 2020, a study has shown. But some are urging it to do even more. ( read original story ...)
LINE’s Crypto Exchange to Cease Activity in South Korea Ahead of Regulatory Deadline
The development shows potential for many foreign exchanges to pull or limit services within the country ahead of tougher regulations. ( read original story ...)
Nikkei pares gains as Delta worries overshadow earnings cheer
Japan's Nikkei index pared early gains on Tuesday as concerns about the fast-spreading Delta variant of the coronavirus detracted optimism from upbeat earnings. TOKYO, Aug 17 (Reuters) - Japan's ... ( read original story ...)
Unicorn valuations gallop in record time amid IPO rush
As the tech sector’s bull run continues unabated, over 20% of unicorns minted this year have already gone past their previous valuations of $1 billion or more that ushered them into the ... ( read original story ...)
FOCUS: Expert urges Japan to lead global health finance amid COVID crisis
Japan was the largest provider of development aid in response to the COVID-19 health and economic crisis among the Group of Seven industrialized nations in 2020 despite the hit its economy suffered ... ( read original story ...)
The crypto market topped $2 trillion for the first time since May, and 6 other key things that happened in crypto this past week
Despite a relatively tough past week for the industry, the value of the entire crypto market surged above $2 trillion for the first time since May. ( read original story ...)
Crypto Fund Founder Talks New Crypto-Dedicated Robo-Advisor
Sadie Raney, co-founder of institutional crypto asset manager Strix Leviathan and co-founder of Makara, a robo-advisor for retail investor clients, said it "was a bit of a surprise when we first ... ( read original story ...)
Naomi Osaka gets tearful in first press conference for almost three months
The 23-year-old pulled out of the French Open after being threatened with expulsion over refusing to fulfil media duties. ( read original story ...)