Japanese shares ended lower on Friday, as a stronger yen raised concerns about denting domestic companies' earnings, while investors continued to remain concerned about a wider banking crisis.
Asia markets mixed as investors weigh Yellen’s remarks on banks; Japan core inflation slows
Asia-Pacific markets point to a negative open Friday, as investors weigh remarks from U.S. Treasury Secretary Janet Yellen, who said federal emergency actions to back up failed regional banks could be ...
Slowing Japan inflation supports the Yen
Japan's headline inflation rate slowed from 4.3% to 3.3% in ... near 3.3% as investors seek refuge following a spike in Deutsche Bank's credit default swaps. Bitcoin price shows a clear picture of its ...
A South Korean crypto boss was finally arrested after a six-month manhunt
The co-founder of Singapore-based crypto fintech firm Terraform Labs was detained in Montenegro yesterday (Mar. 23). Do Kwon was wanted by the South Korean police, the US Securities and Exchange ...
Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin
Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion, the company's technology chief told CNBC, revealing the ...
Oasys and SBI VC Trade Partner to Introduce Innovative Wallet Solution for Blockchain Gaming in Japan
SINGAPORE / TOKYO, JAPAN - Media OutReach - 24 March 2023 - Oasys, the gaming-optimised blockchain, today announces its new partnership with SBI VC Trade, the crypto solutions arm of Japan’s SBI Group ...
Asia markets lower as investors digest Yellen’s remarks on banks; Japan core inflation slows
Japan -0.12%. Japan preliminary March 2023 Manufacturing PMI ... On Wednesday, stocks dropped after the U.S. central bank announced a quarter-point interest rate hike. Meanwhile, commentary from Fed ...
Asian shares fall on banking turmoil, recession worries
Regional banks shares in Asia were modestly lower Friday, with HSBC Holdings plc losing 2.7% in Hong Kong while mid-sized Japanese bank Resona Holdings declined 3%. Shares in Japanese energy and ...
(LEAD) S. Korea’s improved ties with Japan to boost exports, consumption: finance minister
(ATTN: ADDS finance chief's comments on economy in last 4 paras) By Kang Yoon-seung SEOUL, March 24 (Yonhap) -- South Korea and Japan's latest efforts to restore bilateral ties will give a ...
‘Can’t get their act together’: Crypto firms slam SEC, Washington for lack of clarity on rules
Crypto companies are frustrated at the U.S. government for its lack of clear rules for the industry and the Securities and Exchange Commission for its actions against digital currency firms. Unlike ...
Former Crypto Star Arrested After Months on the Run
Do Kwon, the founder of Terraform Labs, the ecosystem behind the Luna and UST cryptocurrencies which collapsed last May, has been arrested in Montenegro, according to local authorities.
Coinbase execs weigh in on the crypto’s future in US amid regulatory scrutiny
Coinbase was issued a Wells notice from the U.S. Securities and Exchange Commission on Wednesday, and executives from the company took to Twitter Spaces to discuss the decision and what Coinbase’s ...
Why Japanese banks are well placed to withstand banking crisis
Yet regulators and industry heads have been quick to say Japan’s financial system is sound, while analysts have been busy reassuring worried bank investors. Below are four reasons why fears of a ...
Asian shares falter on banking concerns, bonds bet on last rate hikes
Asian shares were lower on Friday as lingering banking stability concerns gripped Wall Street, while bonds bet the recent slew of rate hikes by central banks will be among the last of the cycle, ...
Osaka Pref. employee hit with salary cut for smoking 4,512 times during work over 14 yrs
OSAKA -- An Osaka Prefectural Government employee received ... The prefectural government announced on March 20 that three male employees who belong to the finance department have been disciplined ...
Alleged $40 billion crypto fraudster Do Kwon said to be arrested in Montenegro
Do Kwon, the founder of Terraform Labs and creator of the collapsed stablecoin Terra, has been arrested in Montenegro, which was first reported through social media posts by Montenegro Minister of the Interior Filip Adzic on Twitter (where he’s ...