SBI Holdings has increased its stake in Shinsei Bank close to its targeted 48per cent from about 20per cent through a US$1.1 billion tender offer that closed on Friday, Kyodo News reported. (Reporting ... ( read original story ...)
2 Central Japan Regional Banks Announce Oct. 2022 Integration
Aichi Bank 8527> and Chukyo Bank 8530>, both operating mainly in Aichi Prefecture, central Japan, said Friday that they will set up a joint holding company in October 2022 for business integration. ( read original story ...)
Binance Weighs Crypto Venture with Indonesia’s Richest Family
Binance Holdings Ltd. is in talks with Indonesia’s richest family, the Hartonos, and a state-owned telecom operator to set up a cryptocurrency trading exchange, according to people with knowledge of ... ( read original story ...)
Where crypto ‘anarchy’ will end | Lex Megatrends
Cryptocurrencies such as Bitcoin have gained traction in finance worldwide thanks to dissent, greed, idealism and fear of missing out. But in the absence of centralised authority, where will it all ... ( read original story ...)
Capitol Hill Warms Up To Crypto
Six crypto CEOs testified on Capitol Hill yesterday. They received a much more welcoming reception than in the past as lawmakers sought ways to harness crypto and blockchain for national gain. ( read original story ...)
Hong Kong’s Unfriendly Crypto Rules Boost Rival Efforts To Attract Bitcoin Billionaires
Regulatory uncertainty and travel restrictions are forcing the city’s crypto elites to shift their operations to more hospitable jurisdictions. ( read original story ...)
MARKETS: Flat start likely; Star Health listing, Metro Brands’ IPO in focus
The three-day issue of MapmyIndia has been subscribed 2 times so far, while that of Shriram Properties has been subscribed 1.6 times. ( read original story ...)
Japan’s wholesale prices rise 9.0% in Nov., sharpest rise on record
Wholesale prices in Japan jumped 9.0 percent in November from a year earlier, marking the steepest gain on record, boosted by higher ... ( read original story ...)
Japan’s Q4 business mood likely improved, Omicron clouds outlook: Reuters poll
Japan's business mood improved in the three months to December and exports continued to benefit from robust global demand in November, a Reuters poll showed, offering policymakers hope the economy is ... ( read original story ...)
U.S. Could ‘Embrace Crypto In 2022’—Huge Bitcoin And Ethereum Price Prediction Revealed
Bitcoin and cryptocurrency prices remain under significant pressure following a sharp sell-off last weekend—sparking fresh "bubble" ... ( read original story ...)
Crypto Minute 12/9: Crypto Heads to Congress, MicroStrategy Buys More Bitcoin
In the debut of TheStreet's Crypto Minute, we head to Capitol Hill, discuss MicroStrategy's bitcoin buys and talk who's who in CoinDesk's 2021 "Most Influential." ... ( read original story ...)
What Makes Nubank’s IPO Special?
The pandemic has been good for FinTech acceleration. I write about trending IPOs and startups here, on a substack that's free to join. ( read original story ...)
Shinsei suitor SBI aims to form bank holding company -Nikkei
Japan's SBI Holdings plans to form a bank holding company by the end of the year at the earliest as it seeks a majority stake in Shinsei Bank, the Nikkei reported on Thursday.SBI's unsolicited bid has ... ( read original story ...)
Bank of Japan Seen Holding Off Decision on Tweaking Covid Aid: Survey
The Bank of Japan will probably scale back and extend its special Covid funding program, but the decision is unlikely to be announced next week as the omicron variant poses uncertainties, according to ... ( read original story ...)
Global systemic importance set to rise for China banks, fall for Japan lenders
China’s top four banks are likely to increase their global systemic importance, while Japan’s megabanks are set to see their global influence decline in coming years as their overseas strategies ... ( read original story ...)
The crypto trends a16z is betting on
Venture fund a16z has been a longstanding proponent of crypto, from its early investment in Coinbase eight years ago. Here are the crypto companies and trends a16z is betting on next. ( read original story ...)