Japan Financial News

Russian energy giant Gazprom said on Saturday it had suspended all gas deliveries to Finland after Helsinki refused to pay in roubles. 

Nomura is building a team of up to 15 senior dealmakers to tackle the digital and software sectors, part of a broader hiring spree at the Japanese bank as it embarks on a fresh march on Wall Street rivals.

Check out the companies making headlines in midday trading.

The finance ministers and central bankers of the Group of Seven (G7), which comprises the world’s most advanced economies, have once again called for the rapid introduction of comprehensive regulations of cryptoassets in the aftermath of the recent UST stablecoin crash.

Nomura is building a team of up to 15 senior dealmakers to tackle the digital and software sectors, part of a broader hiring spree at the Japanese bank as it embarks on a fresh march on Wall Street rivals.

TOKYO—Consumer prices in Japan rose at a pace above 2% for the first time in more than 13 years, a sign of how higher costs of energy and raw materials are hitting even the world’s most inflation-resistant regions.

Nomura is building a team of up to 15 senior dealmakers to tackle the digital and software sectors, part of a broader hiring spree at the Japanese bank as it embarks on a fresh march on Wall Street rivals.

The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained. The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States were meeting in Koenigswinter, Germany, following a G7 foreign ministers’ meeting earlier in the week.

Local Japanese government bodies are set to begin metaverse projects – and may make use of NFTs and avatars in a new virtual space.

Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies.

Steve Ashley, chair of the new company and head of Nomura's wholesale division, says: “This is a major step forward as we look to scale-up our digital asset related businesses and investments. The new company will enable us to build an edge in providing institutional clients with access to a wide range of new products and services and contribute meaningfully towards responsible innovation in the digital asset ecosystem.”Operating as a wholly owned segregated entity of NHI, the unit will have its own dedicated capital and will be staffed by digital asset specialists from Nomura and external hires.“Establishing this new company is a critical foundation for us and key to building an end-to-end digital asset offering,” says Jez Mohideen, the unit’s newly appointed CEO.

The largest investment bank in Japan, Nomura, is set to establish a new subsidiary company to help institutional clients invest in cryptocurrency and nonfungible tokens (NFTs).

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022.

High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund's London office prepares to take more control of its investments in the region.

Nomura offers its first bitcoin derivatives, just as crypto markets tumble

Nomura has begun offering bitcoin over-the-counter derivatives to clients, it said Friday, the latest move by a traditional financial institution into the cryptocurrency industry, even as markets are in turmoil. The trades, executed on the CME by crypto asset trading firm Cumberland DRW this week, were the Japanese investment bank's first digital asset trades, said Nomura's head of markets, Asia ex-Japan, Rig Karkhanis in a statement. «Working with institutional-grade counterparties will allow us to scale into the increasing demand from our clients,» he said.

High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund's London office prepares to take more control of its investments in the region.

The Japanese securities and banking giant SBI Holdings has made another key M&A move – and will snap up a controlling interest in BITPoint, one of the domestic rivals to its SBI VC Trade crypto trading platform.

At a time when the third-largest stablecoin, terraUSD (UST) collapsed, a group of Coinbase’s clients are suing the crypto exchange over its alleged role in the promotion and trading of GYEN, another stablecoin the plaintiffs claim brought them millions of dollars in losses.

High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund's London office prepares to take more control of its investments in the region.

Campbell Wilson, who was appointed as the new chief executive officer (CEO) and Managing Director (MD) of Air India by Tata Sons on Thursday, is a supporter of environment sustainability.