Featured HealthcareJapanese healthtech Ubie secures $18.7 mn fundingPritam BordoloiJune 5, 2020 by Pritam BordoloiJune 5, 2020 The startup will use the new funds to expand its research and development capabilities... Read more
Banking FeaturedJapan’s Shinsei Bank acquires UDC Finance for $480 mnPritam BordoloiJune 2, 2020 by Pritam BordoloiJune 2, 2020 This is Shinsei’s biggest acquisition till date... Read more
Featured TechnologyChinese government proposes stablecoin for four Asian countriesPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The four countries are Japan, China, Hong Kong and Korea... Read more
Banking FintechJapan’s MUFG to close 40% of domestic branches by 2023Pritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 The bank plans to adopt more cost-cutting measures in response to the coronavirus crisis... Read more
Currency FeaturedBank of Japan urges central banks to understand the nuances of digital currency firstInternational FinanceFebruary 28, 2020March 18, 2020 by International FinanceFebruary 28, 2020March 18, 2020 The bank emphasises the importance of understanding digital currencies and the consequences of issuing them... Read more
Featured MarketsJapan makes stock markets more attractive to foreign investorsInternational FinanceFebruary 26, 2020March 18, 2020 by International FinanceFebruary 26, 2020March 18, 2020 The country will add new exemptions to ease foreign investment restrictions... Read more
Featured TechnologyMUFG to invest over $700 mn in Singapore’s GrabPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 Both parties will jointly develop financial services such as insurance which will be available on Grab’s app... Read more
Economy FeaturedJapan’s GDP contracts first time in six years due to sales tax hikeInternational FinanceFebruary 18, 2020March 18, 2020 by International FinanceFebruary 18, 2020March 18, 2020 Japan’s GDP contracted an annualised 6.3 percent during the period from October to December 2019... Read more
Currency FeaturedJapan may launch digital yen to counter ChinaPritam BordoloiFebruary 11, 2020February 11, 2020 by Pritam BordoloiFebruary 11, 2020February 11, 2020 The digital currency could go online in two to three years... Read more
Asset Management FeaturedGoldman Sachs to target $9bn assets under management in JapanInternational FinanceFebruary 10, 2020March 18, 2020 by International FinanceFebruary 10, 2020March 18, 2020 Goldman Sachs has already begun to hire private bankers to manage assets over the next 5 to 10 years... Read more