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Tag: finance

Posted on 08/11/2021

SoftBank Vision Fund Posts a Record Loss on Coupang’s Plunge

Vision Fund unit as the value of public holdings like Coupang Inc. and Didi Global Inc. plunged. The unit’s loss in the three months ended Sept. 3O was 825.1 billion yen ($7.3 billion), exceeding the ... ( read original story ...)

Posted on 08/11/2021

Paytm IPO will be a big event for SoftBank, says Masayoshi Son

SoftBank had first led a $1.4 billion round in Paytm in 2017, valuing it at $7 billion. It led subsequent rounds too, and its current holdings are worth over 2 times what it has invested. ( read original story ...)

Posted on 08/11/2021

Paytm IPO Opens Today, Subscribed Nearly To 8 Percent On The First Day

The existing investors will sell shares worth Rs 10,000 crore, while fresh shares worth Rs 8,300 crore will be issued. ( read original story ...)

Posted on 08/11/2021

Hunton Andrews Kurth Expands Global Energy And Infrastructure Team With Addition Of Project Finance Partner Sean Conaty In Tokyo

Sean Conaty, an internationally recognized project development and project finance attorney who has advised on some of the most transformative infrastructure projects throughout the South East Asian ... ( read original story ...)

Posted on 08/11/2021

The New Masters: How auction houses are chasing crypto millions

Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that his auction house would one day offer virtual apes to a crypto ... ( read original story ...)

Posted on 08/11/2021

China crypto ban slashes revenues and spurs Huobi to ‘go global’

The exchange is cutting off Chinese users and will lose a third of revenues from next year, co-founder tells FT ... ( read original story ...)

Posted on 08/11/2021

Vikram Pandit Says All Big Banks Will Think About Crypto Trading

All major financial institutions will soon be thinking about trading cryptocurrencies, according to Vikram Pandit, chairman of The Orogen Group and former chief executive officer of Citigroup Inc. ( read original story ...)

Posted on 08/11/2021

SiteMinder (ASX:SDR) Debuts on the ASX with Oversubscribed AU$627M IPO and AU$1.36B Market Capitalisation

SiteMinder , the world's leading open hotel commerce platform, will today commence trading on the Australian Securities Exchange under the ticker code 'SDR' following an oversubscribed Initial Public ... ( read original story ...)

Posted on 08/11/2021

Forex Today: Central bank speakers in the limelight

In the absence of high-tier macroeconomic data releases, markets started the new week in a quiet manner and investors will keep a close eye on central bank speakers on Monday. FOMC Chairman Jerome ... ( read original story ...)

Posted on 08/11/2021

UPDATE 1-Japan cuts economic view after key indicator falls to lowest in a year

Coincident index down 3.8 points vs month earlier - govt * Govt cuts assessment on the index for 1st time since Aug 2019 By Yoshifumi Takemoto and Kantaro Komiya TOKYO, Nov 8 (Reuters ... ( read original story ...)

Posted on 08/11/2021

Crypto rally lifts ether to new record, bitcoin to near 3-week high

Bitcoin rose to a two-and-a-half-week peak on Monday and ether climbed to a fresh record as cryptocurrencies ride higher on a wave of momentum, flows, favourable news and inflation fears. ( read original story ...)

Posted on 08/11/2021

Paytm IPO Opens Today. Here Is All You Need To Know

Paytm's IPO consists of fresh issue of Rs 8,300 crore and an offer for sale (OFS) by existing shareholders worth Rs 10,000 crore. Apart from Paytm's managing director and CEO Vijay Shekhar Sharma, ... ( read original story ...)

Posted on 08/11/2021

Share Market LIVE: Sensex trades just above 60,100 in pre-opening session; Paytm IPO opens today

Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a positive opening on the first day of the new Samvat 2078. Nifty futures were trading 37 points or 0.21 per cent up at 17977. ( read original story ...)

Posted on 08/11/2021

Bank of Japan policymakers see inflationary pressure but need to keep easing

Bank of Japan policymakers acknowledged that inflationary pressure was rising due to higher energy prices but believed it was moderat ... ( read original story ...)

Posted on 08/11/2021

Shinsei Bank poison pill defence wins backing from another proxy advisory firm

U.S. proxy advisory firm ISS has joined Glass Lewis & Co in recommending shareholders of Japan's Shinsei Bank Ltd vote for the lender's plan for a poison pill defence against an unsolicited $1.1 ... ( read original story ...)

Posted on 08/11/2021

Coronavirus latest: Japan reports no deaths for first time in 15 months

Japan reported no COVID-19 deaths for Sunday, marking the country's first time at zero since August 2020. Daily new cases came to 162, but severely ill patients did not budge from Saturday's tally of ... ( read original story ...)

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