Crypto exchange OKX has applied for regulatory approval in France and plans to build out its European hub in Paris, making it the latest overseas crypto firm to pick the French capital as its base on ...
Japan’s W fund to start investing in Southeast Asian startups
Tokyo-based VC firm W (formerly W ventures) announced on Tuesday that it has increased the fund size of W fund II from its initially-announced size of 5 billion yen to 7 billion yen. The fund ...
Nikkei 225 index is in a relentless bull run: is it a good buy now?
Japan stocks are thriving as demand from locals and foreigners rose and as the economic activity rebounded. The Nikkei 225 index was trading at ¥30,950, the highest level since 1990. In all, the index ...
Japan’s Mizuho expands in US banking with $550 mln Greenhill deal
Mizuho Financial Group Inc will buy U.S. M&A advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday, as Japan's No. 3 lender eyes a bigger share of the world's ...
Mizuho Becomes Third Japan Bank to Sell AT1s After Crisis
Mizuho Financial Group Inc. is set to become the third major Japanese bank to sell Additional Tier 1 bonds after Credit Suisse Group AG’s near-collapse set off a global fire sale, in the latest sign ...
Hines announces senior leadership appointments in Japan
Kiyohito Motoyama, Saiko Ishii, and Ryo Shiino take on newly created positions within the firm’s Logistics and Industrial, Asset Management, and Compliance divisions, respectively.
Japan’s Nikkei hits 33-year peak amid weak yen and debt ceiling hopes
TOKYO, May 23 (Reuters): Japan's Nikkei share average pushed to a fresh 33-year high on Tuesday, helped by a weaker yen and gains for U.S. stock futures amid increased optimism about a debt ceiling ...
Japan Finance Minister Suzuki arranging to meet Sri Lanka president during visit
Japanese Finance Minister Shunichi Suzuki said on Tuesday he was arranging to meet Sri Lanka's president in Japan this week. "Japan wants to contribute to Sri Lanka's debt restructuring," Suzuki told ...
Controversial crypto mixer Tornado Cash is facing another crisis. This time, it’s the victim
Over the weekend, Tornado Cash, a so-called crypto tumbler that obfuscates the origins and destinations of cryptocurrency transactions, fell victim to a hostile takeover by a hacker who snatched control of the blockchain protocol by hijacking its ...
Japan’s Factory Activity Expands for First Time in 7 Months PMI
TOKYO (Reuters) - Japan's manufacturing activity expanded for the first time in seven months in May, while the service-sector hit record growth, a survey showed on Tuesday, as the post-COVID recovery shored up business conditions. The au Jibun Bank flash ...
FRASERS HOSPITALITY MAKES MAIDEN ACQUISITIONS IN PREMIUM RENTAL APARTMENT SEGMENT IN CHINA AND JAPAN
As part of these joint ventures, Frasers Hospitality has entered into two sale and purchase agreements to acquire its inaugural premium rental apartment assets in Shenzhen, China and Osaka, Japan with ...
Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report
Hacker stole around $400 million from crypto projects during 40 attacks in the first three months of 2023, blockchain intel firm TRM Labs said in a new report. This is a 70% decline from the Q1 of 2022. The average hack size also got smaller, according to ...
U.S. Can Get Crypto Regulations Right if They Act Now
States are granting charters for crypto banks while the Federal Reserve is blocking access to its systems. At the legislative level, the bills in play have become bogged down in partisan politics and it’s looking less and less likely that any federal ...
Sony to spin off financial banking unit with IPO to raise investment capital
Sony plans to retain 20% partial ownership in its Financial Services unit and sell of 80% of shares through an IPO. The company is also exploring potential tax-free options for the spin-off in Japan ...
Japan’s Mizuho expands in U.S. banking with $550 million Greenhill deal
Mizuho Bank's signboard is pictured in Tokyo, Japan, January 25, 2017. REUTERS/Kim Kyung-Hoon ...
Why the Biggest Emerging Markets Are Turning to Crypto
Turkey was 12th in Chainalysis’ 2022 crypto adoption ranking – currency woes and the pressing need to hedge and diversify are likely to push it up the list. An unexpected entry into my “watch the ...