Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. A quick scheduling note: I’m away for ... ( read original story ...)
Japanese business leaders to meet China’s premier in Beijing
A delegation of Japanese business leaders will meet with Chinese officials in Beijing this week, including Premier Li Qiang on Thursday. The Japan-China Economic Association is visiting China for the ... ( read original story ...)
Japan Earthquake Moved Coastline 820 Feet
The New Year's Day earthquake rocked Japan so significantly that the country's coastline shifted by as much as 820 feet, more than the length of two US football fields. The 7.6 magnitude January 1 ... ( read original story ...)
Bitcoin Under $39K As ETF Debut Continues To Be a ‘Sell-the-News’ Event
BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%.
Bitcoin Plummets Below $39K, Erasing Gains Made In Two Months Following US Spot ETF Launch
Analysts at Japan-based crypto exchange bitBank believe that the ETF approval is “likely to be a short- to mid-term top for the price.” Why It Matters: The recent dip in Bitcoin’s price follows a ...
UK government borrowing falls, boosting Hunt’s tax cut hopes; bitcoin back below $40k – business live
Rolling coverage of the latest economic and financial news, as the latest UK public finances figures give Jeremy Hunt more headroom for tax cuts. Hundreds of millions of pounds extra investment ...
Will AI Save Japan’s Birth Rate? One Dating Simulator’s Ambitious Mission
In Japan, one of the biggest dating app developers, Tapple, has turned to AI to tackle the erosion of real human romance in the country.
Deceptive ‘Cherry-Picking’ Crypto Scam Results In 2-Year Jail Term For Investment Firm CEO
The CEO of an investment firm has been handed a two-year prison term by United States authorities for his role in a fraudulent cryptocurrency scheme. What Happened: Peter Kambolin, the executive of Systematic Alpha Management, was found guilty of ...
Binance Pushes for Early Dismissal of SEC Lawsuit
Crypto exchanges are trying to shoot holes in the Securities and Exchange Commission's legal reasoning for why digital-asset sales qualify as securities. If they land, courts could dismiss major lawsu
SME IPO: Akai India to raise Rs 32.13 cr with price band around Rs 80-85 per share
AKAI is a Japanese brand of consumer electronics and white goods company ... and satisfy the other working capital needs of the company. Also read: Nova Agritech IPO: Should you subscribe to Rs ...
Tokyo Stock Rally Stalls After Bank of Japan Decision
A recent rally in Tokyo stocks paused on Tuesday after investors interpreted a Bank of Japan monetary policy decision as hawkish, or signaling that financial conditions could tighten at some point in ...
Japan’s Tepco tests drones for wrecked nuclear plant in decommissioning first
Japanese nuclear power plant operator Tokyo Electric Power Company wrapped up testing on Tuesday of the first drones to be deployed to the wrecked Fukushima Daiichi plant in its decades-long ... ( read original story ...)
Juiki Tatsuyoshi Outpoints Yuki Yonaha In Osaka
Juiki Tatsuyoshi overcame a hand injury to earn his latest win. The second-generation boxer turned away a stiff challenge from Yuki Yonaha en route to an eight-round, majority decision. Judge Tomohiro ... ( read original story ...)
DFA exec says another Filipino arrested for deaths of couple in Tokyo
The Philippine Embassy in Tokyo is verifying reports that another Filipino was arrested in relation to the deaths of a Japanese couple at a house in Adachi Ward, ... ( read original story ...)
Japan’s Nikkei again hits 34-year high on Wall Street record
Find out more about subscription packages here. JAPAN’S Nikkei share average again rose to a 34-year peak on Tuesday (Jan 23), buoyed by Wall Street’s climb overnight to a fresh record high and the Bank of Japan’s (BOJ) decision to keep ultra-easy ...
Morning Bid: Juiced-up Nikkei counts on BOJ staying relaxed
While Chinese shares were again starved of stimulus, Japanese stocks (.N225), opens new tab need no such help, hitting a fresh 34-year peak on Monday for the seventh time so far this year and bringing the Nikkei's gains for January to almost 9%.