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Category: FINANCE

Posted on 29/09/2021

Tennis: Osaka gets walkover into US Open third round

Defending champion Naomi Osaka advanced to the US Open third round after Serbian qualifier Olga Danilovic withdrew ahead of their second-round match on Wednesday due to illness, tournament ... ( read original story ...)

Posted on 29/09/2021

Bitcoin Falls On China’s Crypto Crackdown. Are These Crypto Stocks Better Picks?

Bitcoin prices have declined by almost 7% since Friday, to levels of around $42,000 a unit although it recovered a bit over the weekend. The cryptocurrency also remains down by about 11% over the past ... ( read original story ...)

Posted on 29/09/2021

MGM Resorts Selected By Osaka As Integrated Resort Partner

MGM Resorts International (NYSE: MGM) today announced that MGM Japan, together with its joint-venture partner ORIX, has been selected by Osaka as the region's integrated resort partner. Osaka's ... ( read original story ...)

Posted on 28/09/2021

Alibaba will block sales of crypto mining equipment beginning October 8 to comply with China’s clampdown

Alibaba will also prohibit the sale of cryptocurrencies themselves and ban any tutorials, strategies, and software for obtaining digital assets. ( read original story ...)

Posted on 28/09/2021

Investors used the crypto crash after China’s ban to buy the most bitcoin in four months last week: CoinShares

Investment in bitcoin hit its highest in four months in the week to September 24, when China announced it would ban most crypto activities. ( read original story ...)

Posted on 28/09/2021

China’s crypto ban could free up more energy than Finland uses in a year

China’s crackdown on cryptocurrencies came to a head on Friday with an announcement that all crypto-related activities would now be illegal. The reasons for China’s increasingly severe bans on crypto ... ( read original story ...)

Posted on 28/09/2021

The Great Firewall of China blocks access to two ultra-popular crypto data sites for users based in the mainland

Real-time crypto market data providers CoinGecko and CoinMarketCap were blocked by the country's firewall on Tuesday, according to tests conducted. ( read original story ...)

Posted on 28/09/2021

Crypto liquidity is ready to eat cross-border payments’ lunch

Traditional foreign exchange companies will need to change their revenue models, which currently rely heavily on transaction fees, or risk becoming obsolete. ( read original story ...)

Posted on 28/09/2021

China’s Alibaba to Stop Selling Crypto Mining Machines

Alibaba, China’s largest online retailer, will stop selling cryptocurrency mining machines, according to an announcement published online Monday. The ban comes after the Chinese government made its ... ( read original story ...)

Posted on 28/09/2021

Binance To Ban Singapore Users From Crypto Trading And Buying On Its Global Platform

Binance, owned by billionaire Changpeng Zhao, has scaled back its services for Singaporeans as the world’s largest cryptocurrency exchange seeks to comply with the regulatory standards issued by the ... ( read original story ...)

Posted on 28/09/2021

Fitch Places FWD Limited, FWD Fuji Life and FWD Insurance on Rating Watch on IPO

Fitch Ratings has placed the 'A' Insurer Financial Strength (IFS) Rating of Hong Kong-based FWD Life Insurance Company (Bermuda) Limited (FWD Life HK) on Rating Watch Evolving (RWE). Fitch has also ... ( read original story ...)

Posted on 28/09/2021

Japan Nikkei extends losses ahead of LDP leader election

At closing bell, the 225-issue Nikkei Stock Average declined 56.10 points, or 0.19%, to 30,183.96. The broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 5.97 points, or ... ( read original story ...)

Posted on 28/09/2021

Here Are the Contenders to Be Japan’s Next Prime Minister

Japan’s ruling party picks a new leader Wednesday to replace outgoing Prime Minister Yoshihide Suga and guide the world’s third-largest economy as it tries to recover from the pandemic. Candidates ... ( read original story ...)

Posted on 28/09/2021

After AUKUS, Japan debates if it too should have nuclear-powered submarines

The AUKUS deal between the US, Australia and the UK to provide Australia with nuclear-powered submarines to tak ... ( read original story ...)

Posted on 28/09/2021

Shionogi to Present In Vitro and Real-World Data at IDWeek 2021 Demonstrating Activity of FETROJA® (cefiderocol) Against Gram-Negative Pathogens

(hereafter "Shionogi") today announces that 11 abstracts on FETROJA ® (cefiderocol) will be shared at IDWeek. The meeting will take place virtually from Sept. 29 – Oct. 3, 2021. "The data presented at ... ( read original story ...)

Posted on 28/09/2021

Crypto expert pleads guilty to conspiring to help North Korea dodge sanctions

Virgil Griffith, a developer of Ethereum, admitted Monday that he conspired to coach North Korea on how to evade economic sanctions by using the cryptocurrency technology to conceal illegal ... ( read original story ...)

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