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Category: FINANCE

Posted on 04/05/2023

Nato’s Asia office adds ‘layer of cooperation’ for Japan but won’t result in its membership

The new liaison office, Nato's first in Asia, will facilitate consultations with Japan and key partners, and is an 'important and positive development' for the country China's foreign ministry notes ...

Posted on 04/05/2023

Japan to contribute $25 mil. to Asian Development Bank’s loan program

Japan says it is ready to contribute 25 million dollars to a new loan program to help emerging and developing economies fight climate change. The program is run by the Asian Development Bank.

Posted on 04/05/2023

FTX Seeks to Claw Back $3.9 Billion in Cash, Crypto from Genesis

FTX Group is seeking to claw back close to $3.9 billion of cash and crypto from bankrupt digital asset lender Genesis Global Capital LLC and a non-bankrupt affiliate, GGC International Ltd.

Posted on 04/05/2023

FTX Asks for Billions Back From Bankrupt Crypto Lender Genesis

The bankrupt crypto exchange filed clawback claims against the crypto lender.

Posted on 04/05/2023

Japan’s 1st casino hits new snag: reluctant lenders

Japan's first-ever casino resort project in Osaka is lining up lenders for a record 550 billion yen ($4.1 billion) syndicated loan after getting the government's green light, but some banks that had ...

Posted on 04/05/2023

Majuru pledges to deliver world class Osaka 2025 Expo campaign

ZIMTRADE chief executive officer, Mr Allan Majuru, has paid tribute to Government for the honour of being appointed to lead the country’s campaign as Commissioner General at the Osaka Expo 2025 in ...

Posted on 04/05/2023

NATO to open Japan office to enable Indo-Pacific consultation, Nikkei Asia reports

NATO is planning to open a liaison office in Japan, its first in Asia, to facilitate consultations in the region, the Nikkei Asia reported on Wednesday, citing Japanese and NATO officials.

Posted on 04/05/2023

Robert F. Kennedy Jr. joins crypto fray as top politicians square off on industry’s future

Presidential candidate Robert F. Kennedy Jr. briefly waded into the national debate over crypto on Tuesday, pointing to a blog post by author Ellen Brown, who wrote about the federal government's ...

Posted on 04/05/2023

NATO plans to open office in Japan media

The US-led military bloc wants to deepen Asia-Pacific cooperation according to Nikkei Asia Japan and NATO are reportedly seeking to incre ...

Posted on 04/05/2023

Biden Wants to Tax the Hell Out of Crypto Mining

The practice consumes as much energy as all home computers combined — with massive consequences for the climate ...

Posted on 04/05/2023

US Crypto Traders Avoiding Billions in Tax by ‘Loss Harvesting’

Crypto traders are avoiding billions of dollars in tax by taking advantage of wild price swings to “harvest” losses so they can be offset against other profits, according to a paper published by the ...

Posted on 04/05/2023

‘ChatGPT is the new crypto’: Meta warns hackers are exploiting interest in the AI chatbot

Hackers have seized on worldwide interest in the artificial intelligence-powered tool ChatGPT in an effort to break into people's devices, Facebook owner Meta revealed in a security report Wednesday, ...

Posted on 04/05/2023

Crypto And De-Dollarization: How Global Currencies Are Reducing U.S. Influence Abroad

De-dollarization trends are gaining momentum as countries seek to reduce their exposure to the risks and fluctuations associated with the U.S. dollar.

Posted on 04/05/2023

UK crypto hub could have ‘significant competitive advantage’ over EU, claims Revolut lead

The UK's planned crypto hub could have a "significant competitive advantage compared to the MiCA regime in Europe", claims Revolut's lead legal counsel Konstantinos Adamos.

Posted on 04/05/2023

Crypto CEO – The Traditional Way Of Moving Assets Across Blockchains Is A ‘Horrible Construct’

LayerZero Labs CEO Bryan Pellegrino says that the current bridges used to transfer assets between networks are rife with security risks. His firm's solutions look to make it much safer to move ...

Posted on 04/05/2023

Bitcoin’s 73% rally is fueling optimism the crypto winter is ending. Here are fresh forecasts on the token from StanChart, Matrixport and others.

Bitcoin has rallied 73% this year, after a grim 2022. Some analysts are predicting this may be just the beginning of a bigger advance.

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