Silvergate was one of the first banks to work with crypto clients, branding itself as the leading financial institution in the digital asset space. The company rod ...
Cowen downgrades Coinbase as crypto companies face elevated scrutiny after FTX implosion
It's time to take a pause on shares of Coinbase as the company faces potential scrutiny in the wake of FTX's blowup, Cowen said.
Japan’s Nikkei bounces on chip strength but policy angst caps gains
Japan's Nikkei share average rebounded from a three-month low on Thursday as chip-related stocks rallied in line with U.S. peers, but gains were capped as hawkishness from global central banks clouded ...
Asia-Pacific shares rise as investors digest private survey data on China services
Asia-Pacific markets are set to climb as investors shrug off the U.S. Federal Reserve's commitment to higher interest rates in tackling inflation.
Silvergate Raced to Cover $8.1 Billion in Withdrawals During Crypto Meltdown
The bank sold assets at a loss to cover withdrawals and cut 40% of its staff but remains committed to crypto.
SEC intervenes on Binance US bid to buy assets of bankrupt crypto lender
The Securities and Exchange Commission has intervened in a deal that would see Binance US buy the assets of a bankrupt crypto lender, in a sign of how US authorities are stepping up their scrutiny of ...
Silvergate Capital’s crypto-related deposits plunge in fourth quarter
Silvergate Capital Corp's crypto-related deposits plummeted in the fourth quarter, according to a preliminary earnings report on Thursday, as souring crypto sentiment following the collapse of FTX ...
Roundup: Japan’s Nikkei rebounds as exporters, chip issues find favor
Japan's benchmark Nikkei stock index rebounded on Thursday from its 10-month closing low, as a weaker yen lifted exporter shares, while chip-oriented issues also found favor. The 225-issue Nikkei ...
Bank Of Japan Should Study Paul Volcker Era
Yet written between the lines in bold font here is that Tokyo needs to be studying up on the Paul Volcker era. As Federal Reserve chairman from 1979 to 1987, Volcker came to personify the idea of the ...
Japan lifts coupon rate on 10-year JGBs to 0.5%, highest since 2014
Japan's Ministry of Finance raised the coupon rate on the 10-year Japanese government bonds (JGBs) in an auction held on Thursday, the highest since December 2014, it said. The coupon-rate on 10-year ...
Japan’s MOF lifts coupon rate on 10-year JGBs to 8-year high after BOJ move
While a higher coupon rate could squeeze public finances, it will benefit investors as it brings higher return on their bond investment.
Japan lifts coupon rate for 10-yr gov’t bond to 0.5%, highest in 8 yrs
The Japanese government on Thursday more than doubled the coupon rate for new 10-year government bonds to 0.5 percent, the highest in ...
Japan stocks higher at close of trade; Nikkei 225 up 0.40%
Japan stocks were higher after the close on Thursday, as gains in the Banking, Insurance and Finance & Investment sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.40%. The ...
J&J’s consumer health unit Kenvue files for IPO, moving closer to spin-off
Johnson & Johnson's consumer health unit Kenvue on Wednesday filed to be listed as an independent company, bringing the healthcare conglomerate a step closer to completing the biggest shakeup in its ...
What the Bank of Japan’s shock move means for your money
That ski trip to Japan this winter might not be such good value. The yen strengthened sharply against the dollar after the decision and has held on to the gains. Investors are now betting the yen may ...
First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data
Bitcoin began the day in Asia fairly flat, up 1.2%, trading at $16,851 according to CoinDesk pricing data. Ethereum was up 3.46%, coming in at $1,254. But the question is, has inflation peaked? Will ...