TOKYO: Japan’s Nikkei share average edged lower on Friday, dragged down by technology stocks, as investors sought further direction from a key US jobs report due later in the day and central bank ...
Why Crypto Crime In Asia Is Becoming More Problematic
Despite strides to reign in crypto-enabled crime in Asia, more remains to be done and central banks and regulators are moving forward to make it happen.
‘Jesus was the best affiliate marketer in the world’: How a ‘Reverend CEO’ allegedly stole $1 billion in a crypto scam
Over three years, investigators say Cynthia Petion and her husband, Eddy, brought in $1 billion worth of cryptocurrency investments. But it was all
Japan’s Rapidus raises sales target on upbeat outlook for AI devices
TOKYO -- Japanese government-backed chipmaker Rapidus is aiming for higher sales for its cutting-edge semiconductors than previously anticipated as it expects strong demand for AI in PCs and ...
Japan’s Nikkei rises as chip-related shares track US peers higher
TOKYO: Japan’s Nikkei share average ended higher on Thursday as Tokyo Electron and other chip-related stocks tracked their US peers higher, but gains were capped amid caution ahead of global central ...
Japan household spending sees first rise in 14 months
Japan's household spending rose in April for the first time in 14 months, official data showed Friday, as wages grow at the fastest pace in three decades.The figure was up 0.5 percent on-year with ...
Japan finance minister says forex intervention should be done in restrained manner
Japan's Finance Minister Shunichi Suzuki said on Friday that foreign exchange intervention should be done in a restrained manner, after data suggested Tokyo tapped a vast pool of foreign reserves for ...
Japan Likely Sold Treasuries to Fund Record Yen Intervention
Japan’s holdings of foreign securities dropped sharply in May, indicating that the government likely financed most of its recent record currency market intervention by selling securities including ...
New York sues over $1 billion crypto frauds targeting immigrants
New York Attorney General Letitia James sued two cryptocurrency companies and their promoters, saying they defrauded hundreds of thousands of victims out of more than $1 billion by preying on the religious faith of people from Haitian and other immigrant communities.
Scoop: Ex-federal agents and prosecutors ask White House to help imprisoned crypto exec
A group of over 100 former federal prosecutors and federal agents on Thursday sent a letter to Secretary of State Tony Blinken, asking that the U.S. government "step up its efforts" to secure the release of crypto executive Tigran Gambaryan from a Nigerian prison, Axios has learned.
Asia markets are set for mixed open as investors await China trade numbers and Japan pay data
Asia-Pacific stocks were set for a mixed open on Friday as investors awaited key economic data from China and Japan, with markets also assessing the European Central Bank's rate cut. China's May ...
Tokyo’s government plays matchmaker with new dating app to reverse its plunging birth rate
The birth rate in Japan is so low that its biggest city’s government is going to desperate measures to help couples find love.
Japan’s Suzuki says to consider the effectiveness of intervention
Japanese Finance Minister Shunichi Suzuki said on Friday that he will take action against excessive currency volatility when necessary and will consider the effectiveness of intervention.
Japan’s Households Boost Outlays First Time in 14 Months
Another downside risk going forward is a fresh certification scandal involving Japan’s automakers including Toyota Motor Corp. and Mazda Motor Corp., which led them to suspend the delivery and sales ...
New York sues over $1 bln crypto frauds targeting immigrants
New York Attorney General Letitia James sued two cryptocurrency companies and their promoters, saying they defrauded hundreds of thousands of victims out of more than $1 billion by preying on the religious faith of people from Haitian and other immigrant communities.
Citi’s Exploration Into Crypto and the Metaverse
Ryan Rugg, Head of Digital Assets for Citibank's Treasury and Trade Solutions (TTS) business, joined Consensus 2024 with a conversation on Citi's exploration into metaverse, tokenization and the broader crypto industry.