A man in Germany was tricked into sending 10 bitcoins - worth more than $500,000 - believing that Elon Musk would double his money, the BBC reported. ( read original story ...)
Japan’s MUFG nabs senior bankers to bolster its US private equity coverage and direct lending business
MUFG has been on a hiring spree in the US in recent months, particularly across its capital markets and corporate lending platforms. ( read original story ...)
Bank of Japan governor says CBDC preparation can’t wait until hour of need
Japan is taking a measured but attentive approach to global interest in central bank digital currency issuance. In his latest remarks published on March 16, the Bank of Japan's governor ... ( read original story ...)
Bank of Japan Governor Stresses Need to Prepare for Digital Currency Launch
Haruhiko Kuroda, governor of the Bank of Japan (BOJ), has said the central bank must “prepare thoroughly” for the possible future need to issue a digital yen. The views and opinions expressed herein ... ( read original story ...)
Warren Buffett Has Nothing On Tokyo’s $130 Billion Score
The Bank of Japan's stock buying binge has netted some $130 billion—a windfall over which the Warren Buffett’s of the world can’t help but marvel. ( read original story ...)
Sharp’s governance questioned after fraud probe at subsidiary
OSAKA -- Inadequate governance at Sharp was revealed ... To meet the earnings forecast before the IPO, Kantatsu resorted to the improper accounting treatment to cover shortfalls in earnings ... ( read original story ...)
Carve-out deals by tech firms ‘just tip of the iceberg’ – Carlyle Japan chief
WingArc1st, which Carlyle acquired from Japan's Orix Corp 8591.T in 2016 for an undisclosed sum, debuted on the Tokyo Stock Exchange on Tuesday. WingArc1st marks Carlyle's eighth IPO in Japan, the ... ( read original story ...)
Japan’s NTT Finance Establishes Strategic Venture Investment Partnership with Israel’s OurCrowd
NTT Finance, a subsidiary of NTT Group (Nippon Telegraph and Telephone), announced today that it will establish NTT Finance Israel LP together with OurCrowd. NTT Finance will commit $15 million (1.5 ... ( read original story ...)
Japan’s NTT, OurCrowd to jointly invest in Israeli tech firms
JERUSALEM (Reuters) - NTT Finance said on Tuesday it will establish an investment vehicle that will invest in Israeli tech startups from venture firm OurCrowd's portfolio. NTT Finance, a ... ( read original story ...)
OurCrowd Forms Partnership with Japan’s NTT Finance
OurCrowd has revealed that NTT Finance, a subsidiary of NTT Group (Nippon Telegraph and Telephone), will establish NTT Finance Israel LP in partnership with OurCrowd. According to OurCrowd, NTT ... ( read original story ...)
Japan set to curb U.S. beef imports with higher tariff
Japan is set to impose an emergency tariff hike on U.S. beef imports later this week as the volume for fiscal 2020 is believed to have topped 242,000 metric tons, beyond which safeguard measures are ... ( read original story ...)
Japan to hike tariffs on U.S. beef as FY imports near limit: Kyodo
Japan is set to temporarily impose higher tariffs on U.S. beef, with imports for the fiscal year ending this month expected to exceed the maximum amount set under the Japan-U.S. trade agreement that ... ( read original story ...)
“K” Line: First Climate Transition Finance in Japan
K” LINE is pleased to announce that we have arranged operating lease for the Next-Generation Environmentally-Friendly LNG-fueled Car Carrier through Climate Transition Loan with Mizuho Bank Ltd. (MHBK ... ( read original story ...)
Bank of Japan wrestles with never-ending stimulus
The Bank of Japan will this week unveil the results of its biggest policy review since 2016 as the central bank grapples with the consequences of a monetary stimulus that has gone on for longer than ... ( read original story ...)
Japan PM Suga: Will decide by next week whether to use JPY500B for targeted payments
Yoshihide Suga said that he will decide next week will decide by next week whether to utilize the JPY500 billion ($4.58 billion) in reserve funds for targeted payments while speaking at a government ... ( read original story ...)
Mizuho’s system failures erode customer trust, Japan finmin says
Repeated system failures at the main banking arm of Mizuho Financial Group Inc are a major problem that erodes customer trust, Japanese Finance Minister Taro Aso said on Tuesday. Adds details of the ... ( read original story ...)