Japan's Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to buy a stake in India's Yes Bank, the Economic Times reported on Tuesday, citing people aware of the matter. The move could ...
Yes Bank share price skyrockets 10% after reports of acquisition by Japan’s SMBC
Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has secured approval from the Reserve Bank of India (RBI) to acquire 51% in Yes Bank, Mint reported.
Japan’s SMBC in talks with SBI for Yes Bank stake acquisition
Japan’s financial conglomerate Sumitomo Mitsui Banking Corporation (SMBC) is back in the fray to acquire controlling stake in Yes Bank. Highly placed sources aware of the deal talks say the State Bank ...
Is Yes Bank getting a Japanese lifeline? Sumitomo Mitsui reportedly eyes majority stake
Yes Bank is in the spotlight today as reports suggested that Japanese giant Sumitomo Mitsui Banking Corp. (SMBC) is inching closer to buying a stake in the private lender. The talks, which have been ...
YES Bank shares: Japan’s SMBC may buy significant stake, open offer to follow, says report
YES Bank shares are down 26 per cent in the past one year and 34 per cent in the past five years. SBI, which owned a 24 per cent stake in the bank, could be among the sellers, the report said.
Key Crypto Bill Imperiled By Trump Crypto Firm’s Deal With Emirati State-Owned Fund
The crypto industry advocated for the GENIUS (Guiding and Establishing National Innovation for US Stablecoins) Act to establish a regulatory framework for stablecoins, which are often tethered to the ...
Japan struggles to address burial needs of growing Muslim population
TOKYO -- As Japan's Muslim population soars on the back of government efforts to bring in more foreign workers, a severe shortage of suitable cemeteries is preventing many from burying their dead in ...
Japan’s Kato backtracks on US treasuries talk
TOKYO: Japan's Finance Minister Katsunobu Kato says the country won't use the sale of its US Treasury holdings in trade talks with Washington, clarifying his previous remarks that suggested they could ...
Trump Raising Millions at Crypto Events Prompts Ethics Concerns
Donald Trump is set to raise millions of dollars from the crypto industry this month, but the events have set off alarms for ethics experts. The president was heading to his Trump National Golf Club ...
Corporate Treasuries Will Add $330 Billion in Bitcoin by 2029: Bernstein
Companies and plug over $330 billion into Bitcoin in five years, analysts at Bernstein have said in a research note.
Trump set to raise millions from crypto and meme coin this month
President Donald Trump has two crypto-focused dinners on the calendar this month — one aimed at deep-pocketed political donors, the other at meme coin millionaires.
Trump set to raise millions from crypto and memecoin this month
The “Crypto & AI Innovators Dinner” is $1.5 million per plate and features President Donald Trump and VC David Sacks. The May 22 gala at Trump National requires $TRUMP memecoin token ownership to ...
Trump has a shocking response to profiting from crypto
In an interview with Kristen Welker on NBC’s Meet the Press aired May 4, Donald Trump responded to criticism that he’s enriching himself via crypto ventures while in office. “I’m not profiting from ...
Bank of Japan Will Struggle to Justify Hikes After This
With an unusually gloomy outlook for both the economy and inflation target, the central bank has just made it more difficult to keep raising rates.
U.S. rejects Japan’s exemption from ‘reciprocal’ tariffs
TOKYO (Kyodo) -- The United States has refused Japan's full exemption from not only a 10 percent "reciprocal" tariff but a country-specific tariff in recent negotiations, sources close to the matter ...
Japan Threatens to Use $1 Trillion in US Treasury Holdings as Leverage in Trade Negotiations
A Japanese official issued a veiled threat amid trade talks with the Trump administration, then said the threat was merely a hypothetical conversation. As with most foreign countries that do business ...