Jeff Schulte, ForUsAll CEO, joins 'Power Lunch' to discuss the decision to allow ForUsAll members to invest in crypto through their 401(k) portfolios. ( read original story ...)
Japan’s Biggest Bank to Bet $9 Billion on Riskier Asset Push
Japan’s biggest bank is planning to plow about $9 billion into a new investment team that will look to buy credit, equities and alternative assets in a bid to lift investment returns. ( read original story ...)
Bitcoin, Other Crypto Assets Targeted for Stiff Banking Regulation
The top global standard setter for banking regulation proposed a strict new rule that would require banks to essentially set aside a dollar in reserves for every dollar of bitcoin they own. ( read original story ...)
JOIN US JULY 15: Crypto experts from Ark Invest and more share their industry outlooks and the biggest opportunities they’re pursuing
Register now for a live conversation between Insider's investing reporters and crypto experts from Ark Invest, Fundstrat, and Castle Island Ventures. ( read original story ...)
Japan’s Mizuho Bank CEO to resign after tech problems – Nikkei
The chief executive of Japan's Mizuho Bank, Koji Fujiwara, will step down as early as this month to take responsibility for a series of technology problems this year, the Nikkei business daily said on ... ( read original story ...)
Mizuho Bank CEO to Step Down – Nikkei
Koji Fujiwara, President and CEO of Mizuho Bank, core banking unit of Mizuho Financial Group, attends an interview with Reuters at the bank's headquarters in Tokyo, Japan, April 19, 2017. Picture ... ( read original story ...)
Mark Cuban on the Future of the Mavs, Taxing Billionaires, and Why Elon Musk Is ‘Irrelevant’ to Crypto
The entrepreneur and NBA owner opens up about his Dallas Mavericks, how much the mega-rich pay in taxes, the NBA-China relationship, and much more. ( read original story ...)
Bitcoin price – live: Crypto market surges as El Salvador reveals plan for 100% renewable mining
Bitcoin is once again on the ascendency, having seen a 17 per cent price rise since Tuesday’s flash crash. The cryptocurrency was boosted by news from El Salvador that it will be recognised as legal ... ( read original story ...)
Japan’s Nikkei ends higher on economic rebound hopes; Eisai drags Topix
AP Signs that more economies are reopening amid a steady vaccine rollout underpinned shipping firms, with Nippon Yusen jumping 3.65 per cent to be the biggest gainer on the Nikkei. TOKYO: Japan's ... ( read original story ...)
Walmart open to Flipkart IPO, but no specific timeline yet: CEO Judith McKenna
Walmart has said it is "open to an IPO" for its Indian e-commerce arm Flipkart but there is "no specific timeline" for the share sale. Both Flipkart and payment app PhonePe continue to do well, ... ( read original story ...)
Japan Eyes Another Big Stimulus Package Before Possible Sept Poll – Nikkei
Japan Eyes Another Big Stimulus Package Before Possible Sept Poll – Nikkei TOKYO (Reuters) -Japanese Prime Minister Yoshihide Suga is likely to compile another big economic stimulus package before ... ( read original story ...)
Tokyo’s Nikkei share average closes up 0.34 pct
Japan's benchmark Nikkei average closed up 0.34 percent at 28,958.56 on Thursday, while the broader Topix shed 0.02 percent at 1,956.73. TOKYO, June 10 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Japan’s benchmark 10-year bond yield touches 5-month low
The liquidity auction held by Japan's finance ministry received bids worth 4.42 times, higher than a bid-cover-ratio of 4.28 at the previous auction. The 10-year JGB yield JP10YTN=JBTC fell two basis ... ( read original story ...)
El Salvador makes bitcoin legal tender as president looks to volcanos to mine crypto
El Salvador has become the first country to adopt bitcoin as legal tender, but President Nayib Bukele wants to take this one step further with a plan to create 100% renewable cryptocurrency mining ... ( read original story ...)
China arrests over 1,100 suspects in crackdown on crypto-related money laundering
Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said ... ( read original story ...)
Crypto Isn’t About Money. It’s About Fandom
Ugh, more crypto garbage,” reads one DM. “I guess we need to destroy the planet for some stupid GIF.” And then, from someone else: “I do feel, at some level, that this is the most important thing that ... ( read original story ...)