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Category: FINANCE

Posted on 01/02/2024

US energy data agency to track crypto mining power use

The U.S. Energy Information Administration (EIA) will begin to more closely track electricity consumption by cryptocurrency mining companies operating in the United States, the agency said on Wednesday.

Posted on 01/02/2024

Japanese bank tanks over 20% after flagging losses tied to U.S. commercial property

The Japanese lender said it now expects a net loss of 28 billion yen for the fiscal year ending March 31, after previously forecasting a net profit of 24 billion yen.

Posted on 01/02/2024

Japanese stocks see first weekly foreign outflow in three

(Reuters) - Foreign investors were net sellers of Japanese stocks in the week ended Jan. 26, reacting to indications that an end to the Bank of Japan's negative interest rates could be nearing. These ...

Posted on 01/02/2024

Takeda Announces Chief Financial Officer Succession

Takeda (TOKYO:4502/NYSE:TAK) today announced that Costa Saroukos, chief financial officer, has decided to leave Takeda to return to his home-country of Australia to be closer to family. Mr. Saroukos ...

Posted on 01/02/2024

Bitcoin worth £1.4bn seized after ex-takeaway worker tried to buy £23m mansion, court hears

trading in diamonds and antiques in countries including Japan, Thailand and China, the prosecutor said. The pair travelled extensively throughout Europe, selling Bitcoin and buying fine jewellery, ...

Posted on 01/02/2024

Tokyo Plast Standalone December 2023 Net Sales at Rs 15.87 crore, down 3.76% Y-o-Y

Net Sales at Rs 15.87 crore in December 2023 down 3.76% from Rs. 16.49 crore in December 2022. Quarterly Net Profit at Rs. 0.18 crore in December 2023 up 119.72% from Rs. 0.90 crore in December 2022.

Posted on 01/02/2024

Nikkei snaps 3-day winning streak as early US rate cut hopes recede

TOKYO (Kyodo) -- The Nikkei stock index snapped a three-day winning streak ... "There appears to be some (short-term) correction happening since both U.S. and Japanese stocks have rallied recently," ...

Posted on 01/02/2024

Japan’s Nikkei slips after Fed chair signals delay in rate cut

Japan's Nikkei share average fell on Thursday, after U.S. Federal Reserve chair Jerome Powell's comments doused hopes of a possible interest rate cut in March. The Nikkei tumbled 0.72% to 36,024.29 by ...

Posted on 01/02/2024

The US Wants to Know How Much Electricity Crypto Miners Use

The mining of Bitcoin and other cryptocurrencies uses more electricity than some countries. Is all that demand raising your power bill?

Posted on 01/02/2024

The IPO window is reopening — here’s what startups need to know

He currently serves as Senior Managing Director at CBIZ ARC Consulting, where he leads multiple engagement teams and provides technical expertise to pre-IPO and public companies across various ...

Posted on 01/02/2024

Andreessen Horowitz’s crypto boss isn’t backing down

Chris Dixon’s new book, Read Write Own, is a treatise on why you shouldn’t give up on bitcoin despite the crypto crash.

Posted on 01/02/2024

Takeda and Protagonist Therapeutics, Inc. Enter into Worldwide License and Collaboration Agreement for Rusfertide, a Late-Stage Rare Hematology Asset

Development, U.S. Co-Commercialization Partner With 50:50 Profit Share, and With Exclusive Ex-U.S. Global Rights to Commercialize Rusfertide, Protagonist's Investigational Injectable Hepcidin Mimetic ...

Posted on 01/02/2024

Ovialand may put on hold initial public offering–exec

Property developer Ovialand Inc. said it may defer its initial public offering (IPO) due to “choppy market conditions.” Pammy Olivares-Vital, the company’s president and CEO, noted that the company is ...

Posted on 01/02/2024

Japan’s Nomura announces major buyback after record investment banking revenue

Nomura Holdings said on Wednesday it would buy back up to 4% of its own shares after reporting record net revenue from its investment banking division, fuelled by buoyant fundraising deals in a stock ...

Posted on 01/02/2024

Here are the most crypto-ready cities in 2024: New York leads, Tokyo worst

New York has emerged as the most crypto-ready city in the world, while Tokyo ranked the least ready among the top 50, according to a 2024 study by Coinwire, which scrutinized and ranked cities based ...

Posted on 01/02/2024

Standard Chartered says this crypto price can double with regulatory boost near

The $800 billion asset manager predicted that the approval of new, institutional investment products will drive a price surge.

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