May 14, 2025

World

Finance

Japan Finance Ministry: Missing documents in Moritomo scandal were discarded

Japan’s Finance Ministry says it believes some of the documents related to a controversial sale of state-owned land were discarded before they could be disclosed. Akagi Toshio, who worked for a regional bureau of the ministry in western Japan, was forced to falsify documents on the heavily discounted sale of state-owned land to school operator

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Funds

What It’s Like to Work in the Booming Business of Secondaries Investing

There’s one corner of the private investment world benefiting from the Trump bump going bust: Secondaries. “Secondaries” professionals buy stakes in privately held funds from investors looking to cash out early. They have been busy of late, closing a record $162 billion in deals last year, according to asset manager BlackRock. Demand could ratchet up

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Crypto

Wanna scan your iris for crypto? Sam Altman’s orb comes to U.S.

Table of Contents Table of Contents How it works Want to sign up? OpenAI chief Sam Altman launched his World crypto project in 2023, and now it’s coming to the U.S. in a big way. The sci-fi-sounding initiative uses an orb to scan your iris to create your very own World ID, which the company

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Banking

Backbase launches world’s first AI-powered Banking Platform, putting banks back in Growth Mode

Industry pioneer redefines what a banking platform is in the era of AI, and delivers both the technology and talent to drive remarkable growth Backbase CEO & Founder Jouk Pleiter Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that

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Finance

Moritomo papers disclosed to widow of former Finance Ministry official

Japan’s Finance Ministry has disclosed documents related to a scandal over the sale of state-owned land to school operator Moritomo Gakuen. The widow of an employee of the ministry’s regional bureau received them on Friday. Akagi Masako visited the ministry with her lawyers to receive the papers. Her late husband, Akagi Toshio, killed himself after

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Banking

Santander Wins Canadian Banking License Amid Push Into Americas

BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. Banco Santander SA has won a Canadian banking license as it continues its expansion across the Americas. Canada’s banking regulator, the Office of the Superintendent of Financial Institutions, issued an order for Santander Consumer Bank to

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Investors

Investors Have Pain Ahead – Business Insider

Good morning. Congratulations to Vice President JD Vance, who sold his home just outside Washington, DC, for $172,000 over the asking price after less than three weeks on the market. The buyer? A former Trump official. In today’s big story, investors are shocked to be battling against President Donald Trump as the stock market closed

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