TOKYO -- Startups in Japan are going public in increasing numbers this year, with 21 initial public offerings in June and July alone, easily surpassing last year's 11 for the same period. Following the June 19 IPO of flea market app operator Mercari on the ... ( read original story ...)
New digital lender ‘86400’ launches in Australia amid poor big bank PR
Robert Bell, formerly in charge of ANZ Japan, will be its chief executive. The new bank will offer digital banking services and expects the lack of physical branches or legacy infrastructure to keep costs low and will have a staff of 60. The latest entrant ... ( read original story ...)
20 Percent? Japan’s Finance Minister Ponders Crypto Tax Policy Change
Japan’s minister of finance has discussed the possibility of changing the country’s current capital gains policy which sees crypto investors face between 15 and 55 percent in taxes. Taro Aso, Japan’s minister of finance and the deputy finance ... ( read original story ...)
Pepper the robot is now working at a bank in New York City
The robot takeover of retail banking has begun. It’s starting at HSBC’s main branch on Fifth Avenue in Manhattan and involves a friendly robot called Pepper. For those not in the know, Pepper is the work of Japanese telecoms giant SoftBank and French ... ( read original story ...)
Nikkei drops as ex-dividend trade pressures; airlines, shippers hit by rising oil
TOKYO, June 27 (Reuters) - Japan’s Nikkei share average dropped on Wednesday morning after higher oil prices hurt airlines and shippers, while companies’ going ex-dividend added to the market’s broader weakness. The Nikkei fell 0.5 percent to 22,226 ... ( read original story ...)
Japan’s Finance Minister Balks at Changing Crypto Tax Rules
Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies. During a meeting with the budget committee of the Upper House on June 25, Senator Kenji Fukimaki asked whether Japan's tax policy on ... ( read original story ...)
Tokai Tokyo Financial : to Acquire 20% Shares of MONEY DESIGN
Note: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail. We assume no responsibility for this translation or for direct ... ( read original story ...)
Japan Nikkei falls 0.8% on stronger yen, trade war fears
Japan share market finished session lower on Monday, 25 June 2018, as yen's strengthening against the dollar on the back of concerns over increasing trade friction between the United States with China and the European Union and other economies weighed on ... ( read original story ...)
Bank of Japan’s Quest to Spur 2 Percent Inflation
The U.S. Federal Reserve, the Bank of England and the European Central Bank are among the world’s monetary authorities that have set an inflation target right around 2 percent. Nowhere, though, does the quest for this number carry drama like it does in ... ( read original story ...)
SoftBank mobile unit eyes July filing for IPO
TOKYO -- SoftBank Group will apply to list its Japanese wireless ... SoftBank Group says it intends to ensure the mobile unit's independence after an IPO, a factor the TSE will consider as it reviews the listing application. Son gave up his representative ... ( read original story ...)
Japan aims to power Tokyo Olympics with 100 percent renewable energy
That means building systems to supply the Games — both Olympic and Paralympic — with electricity generated from renewable sources such as wind and solar as part of efforts to promote decarbonization, the Japan Times reported. Described by an official ... ( read original story ...)
Japan’s Finance Minister Wants to Change Crypto Taxation, Doubts Public Acceptance
Japan’s Minister of Finance thinks that it is doubtful the public would accept a change in the taxation of cryptocurrency transactions, Cointelegraph Japan reports today, June 25. During today’s Upper House Budget Committee meeting, Taro Aso — also ... ( read original story ...)
SoftBank mobile unit to file for IPO as soon as July
TOKYO -- SoftBank Group will apply to list its Japanese wireless ... SoftBank Group says it intends to ensure the mobile unit's independence after an IPO, a factor the TSE will consider as it reviews the listing application. Son gave up his representative ... ( read original story ...)
Nikkei drops as yen firms; weak U.S. futures sour mood
TOKYO, June 25 (Reuters) - Japan’s Nikkei share average dropped on Monday as sellers targeted large caps including Fast Retailing and SoftBank as well as defensive stocks, while the mining sector outperformed after oil prices jumped on Friday. ( read original story ...)
Japan’s FANG Trio Have No Teeth
Take a look at how little in operating profit Line has earned since its IPO in July 2016. Yet the company can ... Its Alipay system can already be used for clothes shopping in Osaka. The three can forget about expanding overseas when Alibaba and ... ( read original story ...)
Japan’s toothless FANG trio don’t deserve a nibble
Line hasn’t generated much operating profit since its IPO in July 2016. Yet the company can’t stop ... Its Alipay system is being used for clothes shopping in Osaka. The three can forget about expanding overseas when Alibaba and Tencent are so busy ... ( read original story ...)