Category: FINANCE

Bitcoin hovered around $43,000 Tuesday as it recovered from a broad crypto sell-off prompted by fears of spillover from the Evergrande debt crisis. ( read original story ...)

The sanctions mark the first time the U.S. has blacklisted a cryptocurrency exchange, SUEX OTC, and heralds a new approach to firms found handling illicit payments. ( read original story ...)

Mitsubishi UFJ Financial Group (MUFG) is pulling back from U.S. retail banking with the $8 billion sale of MUFG Union Bank (MUB) to U.S. Bancorp as digital technology and industry consolidation ... ( read original story ...)

Hokuyo to Leverage SiLC's 4D+ Vision Chip to Improve the Next Generation of Automation Solutions SiLC and Hokuyo Collaboration The collaboration between Hokuyo and SiLC is advancing machine vision in ... ( read original story ...)

The global financial industry has urged regulators to refrain from imposing stringent capital rules on digital assets, warning these requirements would drive activity underground and deprive banks of ... ( read original story ...)

Crypto market capitalization isn’t exactly like stock market capitalization. Here’s what investors should know. ( read original story ...)

Klarna CEO Sebastian Siemiatkowski told CNBC that volatility in the stock market makes him “nervous” about the prospect of an IPO. Global markets have been roiled lately by fears over embattled ... ( read original story ...)

Investors are turning their attention to the $3.4 billion worth of bitcoin options that expire this Friday—one of the largest options expiries this ... ( read original story ...)

Japan's Nikkei Index closed steeply lower on Tuesday, setting its largest one-day drop in three months in a plummeting global market. The 225-issue Nikkei Stock Average finished down 660.34 points, or ... ( read original story ...)

Rumors of Sorare raising a record amount of funding have been swirling for months, and they turned out to be true. The Paris-based fantasy soccer game and non-fungible token (NFT) trading platform has ... ( read original story ...)

The Nikkei ended down 660.34 points, at 29,839.71, on concerns that a potential default by a giant Chinese property developer could lead to a slowdown in the world's No. 2 economy. ( read original story ...)

The Bank of Japan on Tuesday began a two-day policy-setting meeting to assess economic risks from an extended COVID-19 state of emerg ... ( read original story ...)

Japan may need more time to meet its budget target of achieving a primary balance surplus by fiscal 2025, Finance Minister Taro Aso said on Tuesday, while stopping short of abandoning the elusive ... ( read original story ...)

Nippon Steel down 3.39%, Panasonic 2.19% and Sony slipped 0.79% in early trading.. Read more at straitstimes.com. ( read original story ...)

The global asset markets suffered a broad sell-off today. Interestingly enough, cryptocurrency prices declined along with those of stocks and commodities. Will this price correlation continue? ( read original story ...)

A seemingly esoteric legal battle involving the Securities and Exchange Commission and fintech startup Ripple Labs could provide clarity on how much authority the SEC has over regulating the $2.2 ... ( read original story ...)