SoftBank Group Chairman and CEO Masayoshi Son on Friday said he was "lucky" that regulators around the world shot down its sale of U.K. chip designer Arm to U.S. peer Nvidia, as it bets on a ... ( read original story ...)
Japan’s Nikkei track Wall Street higher; tech stocks lead gains
Japanese shares rose on Friday as technology stocks tracked overnight gains on Wall Street, with sentiment aided by loose monetary policy in the country. The broader Topix rose 0.35% to 1,858.16 — on ... ( read original story ...)
Japan May factory output seen dipping for 2nd month on China lockdown- Reuters poll
Japan's factory output probably fell in May for a second successive month due to supply chain disruptions caused by strict COVID-19 lockdowns in China, a Reuters poll showed on Friday. Japanese ... ( read original story ...)
Japan’s Ruling Bloc Expected to Win Majority in Vote, Poll Says
Japanese Prime Minister Fumio Kishida’s ruling coalition is expected to keep its majority in a July 10 election for parliament’s upper house that comes as his support has sagged among voters concerned ... ( read original story ...)
Tokyo stocks rise in morning on Wall St. gains
Tokyo stocks were higher Friday morning as sentiment improved on overnight advances on Wall Street, but gains were capped as the yen's slight rise against the U.S. dollar weighed on exporters. The 225 ... ( read original story ...)
Japan’s ruling LDP-led bloc expected to win majority in vote, poll says
A convincing victory would allow PM Fumio Kishida to put off another election test for up to three years. Read more at straitstimes.com. ( read original story ...)
Juul’s in trouble. So is crypto. We explain it all
The FDA has banned Juul e-cigarettes. And are crypto and web3 still the future? Plus a YouTube investigator explains why he's trying to bust crypto scams. Join CNN Business' Jon Sarlin on "Nightcap." ... ( read original story ...)
Crypto Meltdown Forces a Rebranding
The cryptocurrency market is in a complete meltdown — which many are calling a “crypto winter.” But it’s more like an ice age, given that the market was roaring hot as rec ... ( read original story ...)
No, Trevor Lawrence didn’t lose $15M of his NFL signing bonus on crypto
The crypto crash may have had a negative impact on Jacksonville Jaguars quarterback Trevor Lawrence, but the reports of its magnitude have been greatly exaggerated. A recent report suggested that ... ( read original story ...)
Crypto’s crash does little to shake the faith of some blockchain believers
Crypto is in the midst of its worst run ever. Blockchain advocates aren’t necessarily sweating it. The price of Bitcoin remains around $20,000, about a 70% price drop from its all-time high in ... ( read original story ...)
IRA Financial Sues Gemini for $36 Million Crypto Hack
A complaint filed by a leading crypto retirement investment firm alleges Gemini overstated security features. Read on to learn more. ( read original story ...)
Job market whiplash is hitting tech and crypto hard
The good times keep rolling for the labor market — there's still nearly two open jobs for every person who's looking -— but a spate of recent headlines about high-profile layoffs may be giving "spring ... ( read original story ...)
Coinbase Launches First Crypto Derivatives Product Aimed at Retail Traders
Coinbase Derivatives Exchange hopes to capitalize on a market that is $3 trillion in volume worldwide and provide hedging options for traders. ( read original story ...)
Asia-Pacific stocks poised to open lower as markets monitor recession concerns
Futures pointed to a lower open for Asia-Pacific stocks on Friday. Logistics company GoGoX is set to start trading on the Hong Kong market. The New Zealand market is closed for a holiday on Friday. ( read original story ...)
Japan bank SMFG dives deeper into digital finance with SBI deal
Sumitomo Mitsui Financial Group aims to overhaul digital banking and investment services, and capture a new generation of clients, through its new partnership with top Japanese online brokerage SBI ... ( read original story ...)
Japan’s May consumer inflation tops BOJ target for 2nd straight month
Japan's annual core consumer inflation topped the central bank's target for a second straight month in May, data showed on Friday, highlighting the intensifying pressure on the country's fragile ... ( read original story ...)