Japan's Nikkei share average rebounded on Wednesday, lifted by chip-related stocks and airlines, but gains were capped by a big drop in energy shares as crude oil fell amid worries about the global ... ( read original story ...)
Two Prominent Crypto-Fund Managers Are on the Lam
The founders of Three Arrows Capital, media-savvy former billionaires with blue-chip credentials, have simply disappeared. ( read original story ...)
New York judge freezes assets of Three Arrows Capital as crypto firm’s founders remain underground
A federal judge in a New York bankruptcy court has frozen the remaining assets of crypto hedge fund Three Arrows Capital. ( read original story ...)
Call crypto out
Given this reality, the bluntness of a recent speech on crypto regulation by Lael Brainard, the Fed vice chair, is almost shocking. True, Brainard didn’t go as far as Jim Chanos, the famous ... ( read original story ...)
It’s Officially Too Hot for Crypto Mining in Texas
Multiple mining operations reported they were voluntarily temporarily reducing operations during spikes in energy demand on a traditionally spotty grid. ( read original story ...)
Nikkei says Nikon to stop making DSLRs, Nikon says it’s still making, selling & servicing them
Business publication Nikkei is reporting Nikon is shutting down DSLR production in favor of mirrorless cameras. Nikon, however, says it's continuing to make, sell and support its line of DSLR cameras. ( read original story ...)
Japan Business Mood Subdued on Chip Shortage, Raw Material Costs – Reuters Tankan
Confidence at Japanese manufacturers in July was subdued, a Reuters poll showed, reflecting pressure from a problematic chip shortage, China's heavy pandemic response and a weak yen that is making ... ( read original story ...)
Funeral for Shinzo Abe Is Held in Tokyo
Crowds mourned slain former leader as car carrying Mr. Abe’s coffin was driven past the places where he spent his nearly 30-year career as a lawmaker. ( read original story ...)
Nikkei says Nikon will stop making DSLRs, Nikon says it’s still making, selling and servicing them
Business publication Nikkei is reporting Nikon is shutting down DSLR production in favor of mirrorless cameras. Nikon, however, says it's continuing to make, sell and support its line of DSLR cameras. ( read original story ...)
Wholesale prices in Japan jump 9.2% as imports see record surge
Wholesale prices in Japan jumped 9.2 percent in June from a year earlier after import prices surged at the fastest pace on record due to the sharp drop in the yen, Bank of Japan data showed Tuesday. ( read original story ...)
Scientists discover reliable, stable, and environmentally beneficial thermoelectric material
A barium cobalt oxide thermoelectric converter that is reproducibly stable and effective at temperatures as high as 600C has been created by a team under the di ... ( read original story ...)
NYC’s ‘Mayor of Little Tokyo’ accused of sexually assaulting company exec in bombshell $95M lawsuit
Nozomi Horikoshi claims her boss Shuji Bon Yagi had sex with her while she was passed out and couldn’t consent ... ( read original story ...)
Why ‘friend-shoring’ is at the top of Yellen’s agenda in Japan
Treasury Secretary Janet Yellen is in Tokyo meeting with Japanese officials about ways to restructure supply chains to bring down inflation. Specifically, she’ll be talking about ... ( read original story ...)
Japan says its final goodbye to slain former leader Shinzo Abe
A family funeral was held in Tokyo for former Japanese Prime Minister Shinzo Abe, who was gunned down Friday during a campaign speech. ( read original story ...)
How Abe and Japan became vital to Moon’s Unification Church
Suspect in Abe assassination was upset with Unification Church's involvement with his mother, authorities say. ( read original story ...)
The Crazy Twist in Crypto Hedge Fund’s Spectacular Flameout
The founders of a major crypto hedge fund that went belly up last month, bringing at least one other company down with it, have gone missing, according to court documents. Three Arrows Capital, a ... ( read original story ...)