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Category: FINANCE

Posted on 08/04/2021

Japan regulators heightening scrutiny over high-risk trades after Archegos

TOKYO (Reuters) -Japanese regulators will heighten scrutiny on high-risk trades by domestic financial institutions in the wake of the Archegos fallout, the Nikkei business daily reported on Wednesday. ( read original story ...)

Posted on 08/04/2021

Japan’s Aso says G20 clarified, not changed, its stance on FX

TOKYO, April 7 (Reuters) - Japanese Finance Minister Taro Aso said there was no change to the Group of 20 (G20) finance leaders' stance on currency rates, despite some modifications to the ... ( read original story ...)

Posted on 07/04/2021

Crypto exchange Coinbase reveals an 840% jump in revenue – but says the market is too volatile to provide solid forecasts

Crypto exchange Coinbase, which plans to go public on April 14, said a sharp fall in cryptocurrency prices could trigger a big drop in monthly users. ( read original story ...)

Posted on 07/04/2021

Regulation could dampen the momentum in the crypto market: WEF official

The big concern is that there will be some kind of regulation that bans the way that people want to hold bitcoin or cryptocurrency in general, or in some cases, might make holding any type of ... ( read original story ...)

Posted on 07/04/2021

Japan’s FSA and BOJ to investigate high-risk trades by domestic firms after Archegos: Nikkei

Japan's Financial Services Agency and the Bank of Japan will investigate high-risk trades by domestic firms after the Archegos fallout, the Nikkei business daily reported on Wednesday. ( read original story ...)

Posted on 07/04/2021

Tokyo Olympic torch relay taken off streets of Osaka

TOKYO (AP) — The Tokyo Olympic torch relay will not run through the streets of Osaka prefecture next week because of rising COVID-19 cases. The move is a setback for Tokyo organizers, who began the ... ( read original story ...)

Posted on 07/04/2021

Why Crypto Billionaire Mike Novogratz Bought Facebook Stock

Billionaire investor Mike Novogratz said he’s bought Facebook Inc. stock to benefit from crypto’s ascent and is also shorting the five-year Treasury as a hedge against policy makers pulling back ... ( read original story ...)

Posted on 07/04/2021

Binance CEO Goes All-in on Tokens: ‘I Just Want to Keep Crypto’

OLGA KHARIF: Can you talk a little bit about your early years, starting in China? CHANGPENG ZHAO: My family has been always a little bit nomadic. My mom is an elementary and high school teacher, and ... ( read original story ...)

Posted on 07/04/2021

Coinbase’s Nasdaq Listing Fuels Frenzy in Korean Crypto Stocks

(Bloomberg) -- The upcoming Nasdaq listing of Coinbase Global Inc. has fueled a frenzy among Korea investors to pile into the nation’s cryptocurrency stocks, making a broker with a minority stake in a ... ( read original story ...)

Posted on 07/04/2021

Archegos Losses Test Japanese Bank Risk Controls, Fitch Says

Mizuho Financial Group Inc. last week emerged as the third Japanese bank to face losses stemming from the collapse of Bill Hwang’s Archegos Capital Management under the weight of billions of dollars ... ( read original story ...)

Posted on 07/04/2021

Billionaire Mark Cuban Reveals Why He Thinks Ethereum Will ‘Dwarf’ Bitcoin As Crypto Market Price Hits $2 Trillion

Cuban made headlines when he said he'd "rather have bananas than bitcoin," calling crypto "too complicated." But the Dallas Mavericks owner has since come around to cryptocurrencies, praising the ... ( read original story ...)

Posted on 07/04/2021

Japan’s BitFlyer Has a New President – Again

Tokyo-based bitFlyer has appointed Kuniyoshi Hayashi, as its new president, succeeding Kimihiro Mine who took office in 2019. ( read original story ...)

Posted on 07/04/2021

Global Natural Gas Distribution Market Report 2021-2030 Featuring Centria; Osaka Gas; Tokyo Gas; GAIL India and Gas Natural Fenosa

The "Natural Gas Distribution Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. The global natural gas distribution market is ... ( read original story ...)

Posted on 07/04/2021

Jim Cramer: GameStop Could Be Saved By Crypto

In a CNBC segment yesterday, stock expert Jim Cramer was asked about his thoughts on Gamestop (GME) and its future with Ryan Cohen, a Chewy co-founder, leading ... ( read original story ...)

Posted on 07/04/2021

Crypto Malware ‘AppleJeus’ Opens Cryptocurrency Wallets to Thieves

Digital attackers used a stain of crypto malware called ‘AppleJeus’ to steal cryptocurrency. In a joint advisory published by the FBI and the Department of the Treasury, the U.S. Cybersecurity ... ( read original story ...)

Posted on 07/04/2021

Crypto Billionaire Novogratz Says He’s Shorting Interest Rates

Billionaire investor Mike Novogratz said he’s betting against the five-year Treasury as a hedge against policy makers pulling back monetary support. ( read original story ...)

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