LONDON: British banking start-up OakNorth is targeting international expansion after closing a $440 million fundraising round led by Japan’s SoftBank Group Corp. The specialist business and property l... ( read original story ...)
Japan, Australia Up on State of Union Speech
In Japan, the Nikkei 225 regained 29.61 points ... That followed after a speech from Reserve Bank of Australia Governor Philip Lowe revealed that the central bank is no longer as convinced that the ne... ( read original story ...)
SoftBank to invest $440 mn in Indiabulls Housing-backed OakNorth Bank
Japanese internet conglomerate SoftBank Group Bank is investing $440 million in the UK-based OakNorth Bank, which counts Indiabulls Housing Finance Ltd as a shareholder. SoftBank's investment of Rs 2, ... ( read original story ...)
‘Resistance is futile’ in slow march to open banking in Canada
The Bank of Canada conducted its new biannual Financial ... later this year in Australia, and in 2020 in Japan. It’s better to get ahead and export our prowess (in financial technology ... ( read original story ...)
SoftBank invests Rs 2,800 cr in IndiaBulls Housing-backed OakNorth Bank
SoftBank, a Japanese conglomerate, has invested Rs 2,800 crore in UK-based Oak North Bank, in which IndiaBulls Housing Finance has a significant stake. With this investment, the total equity capital o... ( read original story ...)
Guan Eng leads Finance Ministry delegation to Japan to woo international investors
It was also aimed at giving the international investing community confidence to take part in the forthcoming Samurai Bond issuance valued at 200 billion Yen (RM7.42 billion) and guaranteed by the Japa... ( read original story ...)
Japan’s SoftBank infuses ₹2,800 crore in Indiabulls’ UK home-loan arm OakNorth
Japanese multinational holding conglomerate SoftBank led a $440-million investment round in British digital lender OakNorth Bank, a firm in which Indiabulls Housing Finance is a controlling shareholde... ( read original story ...)
Japan Overall Bank Lending Steady At 2.4% In January
Overall bank lending in Japan was up 2.4 percent on year in January, the Bank of Japan said on Friday - coming in at 535.350 trillion yen and roughly unchanged from December. Excluding trusts, bank le... ( read original story ...)
Tokyo equities stumble while SoftBank rallies
Tokyo pushed hard in the opposite direction with the Topix dropping 1.1 per cent as the key industrials and financial segments dropped 1.2 per cent and 1.3 per cent, respectively. The only sector not ... ( read original story ...)
Nikkei’s Six-Year Slog Hints at Hurdle for Japan Inc. Over U.S.
The performance of Japan’s biggest shares is falling further behind its U.S. counterparts and its once-vaunted manufacturing sector may be to blame. The Nikkei 225 Stock Average is now trading at a si... ( read original story ...)
Japan’s ‘China-heavy’ companies take hit to profits
TOKYO -- Japanese multinationals heavily invested in China are suffering a sharper earnings contraction than listed companies overall, their latest earnings reports show. Japanese companies have ... ( read original story ...)
Japan’s ‘China-heavy’ companies take larger hit to profits
TOKYO -- Japanese multinationals heavily invested in China are suffering a sharper earnings contraction than listed companies overall, their latest earnings reports show. Japanese companies have ... ( read original story ...)
Japanese cities lack support for foreign residents, poll shows
TOKYO -- About 60% of major municipalities lack comprehensive support offices to help foreign residents adjust to life in Japan, a Nikkei survey has found, even as a new visa program is set to ... ( read original story ...)
Japan’s services PMI shows stronger growth in January
TOKYO -- Japan's service sector growth improved in January, supported by domestic demands for new businesses. The Nikkei Japan Services Purchasing Manager's Index, or PMI, increased to 51.6 in ... ( read original story ...)
Japan’s 20-year experiment offers lessons for Federal Reserve and ECB
Tokyo | Long before the United States and Europe embraced radical monetary policies last decade during the global financial crisis, there was the Bank of Japan. Twenty years ago this month - back when ... ( read original story ...)
Japan bank and China unicorn to offer Southeast Asia loans
TOKYO -- Japan's Aozora Bank will partner with a Chinese financial technology unicorn to develop online loan services in Southeast Asia. Beijing Zhongguancun Kejin Technology, also known as ... ( read original story ...)