Snapdeal, once a challenger to Flipkart and Amazon India, is looking to raise around Rs 1,250 crore through primary share sale while the public issue will also have a secondary or offer for sale (OFS) ... ( read original story ...)
Japan passes record extra budget to support pandemic-hit economy
Japan's parliament on Monday approved a record 36.0 trillion yen (about 320 billion U.S. dollars) supplementary budget for fiscal 2021, in part supporting the latest economic package to set the ... ( read original story ...)
Crypto, social media influencers, and the democratization of AI: 8 investors predict 2022’s biggest trends for behind-the-scenes fintechs
Investors from Alphabet's CapitalG, Point72 Ventures, Sequoia Capital, and others placed their bets on key fintech trends in 2022 for B2B startups. ( read original story ...)
What Crypto’s Breakout Year Means for the Market in 2022
The cryptocurrency market roughly tripled in 2021, adding $1.5 trillion of value as meme coins such as Dogecoin and Shiba Inu challenged the dominance of Bitcoin. Bloomberg Intelligence’s Mike McGlone ... ( read original story ...)
Omicron and Manchin deliver a one-two punch to global stock markets—crude, crypto and equites plunge
Crude, crypto, Treasury yields and global equities are taking a pounding on Monday. The culprits? D.C. politics and a new wave of pandemic lockdown measures. The first jolt for investors landed ... ( read original story ...)
Crypto Barrels Toward 2022 After Adding $1.5 Trillion in Value
Cryptocurrencies were peerless conduits of greed and fear in 2021, alternately minting and wiping out fortunes as they swung wildly while adding some $1.5 trillion in overall market value along the ... ( read original story ...)
Carlyle to have 20th exit in Japan, selling Sunsho Pharmaceutical
Carlyle has agreed to sell its entire investment in Sunsho Pharmaceutical, a Japanese contract manufacturer of health and nutrition products. ( read original story ...)
Japan’s Nikkei 225 dives 608 points, U.S. dollar in demand
Stocks in Asia recorded solid falls on Monday with futures trading suggesting sharp falls on Wall Street will follow. ( read original story ...)
Asian stocks record solid falls, Nikkei 225 loses more than 2 percent
Stocks in Asia recorded solid falls on Monday with futures trading suggesting sharp falls on Wall Street will follow ... ( read original story ...)
AG&P City Gas Gains US$120 million Equity Investment from Preeminent Japanese Consortium Osaka Gas and JOIN
Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and infrastructure development company, announced today that Osaka Gas Co. Ltd., through its affiliate Osaka ... ( read original story ...)
Osaka Gas: Osaka Gas Becomes the First Japanese Company to Participate in City Gas Distribution Business in India
Osaka Gas announced its participation in the City Gas Distribution business in India by investing in AG&P CGD HoldCo SPV3 (Singapore) Pte., ... ( read original story ...)
Japan to Require Cyber Defenses in Infrastructure Sector: Nikkei
Japan will require companies in 14 key infrastructure sectors, including finance, telecom and transport, to prepare for possible cyberattacks, Nikkei reports, without attribution. ( read original story ...)
South Korea politicians raise concerns over crypto brain drain
South Korean politicians are calling on public officials to stop joining crypto companies for bigger pay cheques as exchanges race. Rising numbers of financial regulators and police officers are ... ( read original story ...)
Hong Kong IPO debutants bear the brunt of China’s regulatory crackdown, earnings misses
While Hong Kong’s IPO debutants have largely had a poor year, fund managers expect IPOs to deliver better returns next year on improving sentiment. ( read original story ...)
Japan stocks set for declines; China’s benchmark lending rate ahead
Shares in Japan were poised for a lower start on Monday, with China set to announce its latest benchmark lending rate later in the day. The Nikkei futures contract in Chicago was at 28,365 while its ... ( read original story ...)
IPO-bound SMT aims high growth products, explores strategic partnerships, acquisitions
Cardiac stent maker SMT is looking to further expand its footprint globally and is aiming to enter markets such as the US, Japan and South Korea. Currently, it has presence in 69 countries. ( read original story ...)