SMBC Asia Rising Fund makes follow-on investments worth $12-15 million in three fintech startupsSMBC Asia Rising Fund (ARF) has injected $12-15 million in follow-on investments into Easy Home Finance, Vayana, and DPDzero. These strateg...
India-Japan Summit: Deepening economic ties and strategic investment opportunities for next decadePrime Minister Takaichi's visit to India highlights a robust economic partnership, with Japan a key player in India's infrastructure and au...
Japan's Nikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay reportJapan's Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which ...
Japan's super-long bonds briefly change course to fall after weak auctionJapan's long-dated bond market saw a dip Friday after a 20-year bond auction attracted weak investor interest. Concerns over increased gove...
Japan's Nikkei slides to one-week low as profit-taking hits tech stocksJapan's Nikkei index tumbled to a one-week low after a streak of all-time high gains, as investors decided to cash in on profits. The pullb...
How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...
Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FTShipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement ...
Trump's interim Iran deal eases immediate crisis but leaves major hurdles aheadA preliminary deal to end the Middle East war has been signed by the US and Iran. This agreement extends a ceasefire and reopens the Strait...
YES Bank share price rises 3% on partnership with Northern Arc to extend lending offeringsYES Bank shares gained after the lender announced a strategic partnership with Northern Arc Capital. The collaboration aims to expand credi...
Yes Bank sees Indians tip-toeing back to depositsIndian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend cou...
Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
OpenAI gives Japan banks access to latest model, Japan's finance minister saysThe release of new models of AI able to code at a high level has given hackers an unprecedented ability to identify cybersecurity risks a...
Global Markets: Japan's Nikkei retreats from record high as AI rally sparks cautionJapan's Nikkei index pulled back from its record high on Wednesday. Investor caution emerged regarding the rapid rise in AI stocks. Tokyo E...
Iran war: Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, ChinaIran war news: An LNG tanker, Fuwairit, is exiting the Strait of Hormuz for Pakistan. A supertanker, Eagle Verona, carrying Iraqi crude for...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOsSoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are pr...