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Category: FINANCE

Posted on 07/03/2024

Corporate Japan must quit the side hustle

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.

Posted on 07/03/2024

Japan real wages fall in January for 22nd month, down 0.6% on yr

Japan's real wages in January were down 0.6 percent from a year earlier, marking the 22nd straight month of decline, as salary gains ...

Posted on 07/03/2024

Etihad ‘prepping’ for airline IPO

Gulf carrier Etihad Airways posted an annual profit while the group CEO hints an airline IPO is possible in the near future ...

Posted on 07/03/2024

Crypto fraud ranks among the riskiest scams of 2023, BBB says

The Better Business Bureau said Americans also lost money last year in employment scams and online purchasing scams.

Posted on 07/03/2024

The Satoshi mystery: Bitcoin’s anonymous creator and a $70 billion fortune

There are some compelling theories for who Satoshi really is — and who might control the 1.1 million bitcoin in known Satoshi wallets.

Posted on 07/03/2024

Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

Bitcoin’s {{BTC}} all-time high of $69,325 has not been hedged for inflation — a dint in the idea that this “digital gold” is a successful store-of-value. When measuring inflation, bitcoin, despite ...

Posted on 07/03/2024

Asia stocks climb; gold, bitcoin drift after hitting record highs

Asian stocks rose on Wednesday as traders awaited policy cues from Beijing during its week-long annual session of parliament after a prior lack of stimulus measures disappointed some investors, while ...

Posted on 07/03/2024

Bira BOOM! Tiger Pacific acquires 4% stake in B9 Beverage; IPO plans?

Aside from Tiger Pacific Capital, notable investors in B9 include Sequoia Capital and Sofina. The total investments in the Indian craft beer manufacturer over the past 18 months amount to $130 million ...

Posted on 07/03/2024

Pre-IPO party: Tiger Pacific Capital latest to pour into Bira 91 Keg

Private equity fund Tiger Pacific Capital has acquired close to 4% of B9 Beverages, maker of Bira 91 beer and owner of pub chain The Beer Cafe, for $25 million (Rs 207 crore). This is a precursor to a ...

Posted on 07/03/2024

Crypto Exec Barry Silbert’s Firm Wants New York’s $3 Billion Genesis Fraud Suit Tossed Out—Calling It ‘Baseless’

ToplineDigital Currency Group and its chief executive, onetime crypto billionaire Barry Silbert, filed motions on Wednesday to dismiss a civil lawsuit brought by New York’s Attorney General, who ...

Posted on 07/03/2024

Crypto company prices $700 million offering as stock surges ‘through the roof’

MicroStrategy has announced the pricing for a $700 million senior note offering with plans to add to its 193,000 bitcoin stash.

Posted on 07/03/2024

Woman, 80, loses $720,000 in savings due to crypto scam ‘at my age, I do not have a second chance’

LOS ANGELOS -- Scams are growing and people are losing more and more money. A new report from the Better Business Bureau (BBB), shows losses increased 27 percent in 2023. One 80-year-old woman, Alice ...

Posted on 07/03/2024

Crypto venture firm seeks dismissal of New York attorney general’s fraud lawsuit

The Digital Currency Group (DCG) urged a New York court on Wednesday to dismiss the New York Attorney General's lawsuit accusing it of defrauding crypto investors through its Genesis Global Capital ...

Posted on 06/03/2024

Japan’s Daiwa Capitalizes on Crypto Boom, Secures 10% Stake in Singaporean Startup

Japan's Daiwa Securities has decided to acquire a 10% ownership stake in Singapore-based crypto startup Penguin.

Posted on 06/03/2024

Crypto ‘Meme-Coin’ Mania Returns on Bitcoin Boom

Bitcoin's new record-topping streak is unlocking the crazies of the crypto world. The value of "meme coins"—projects whose value is based largely on the popularity of internet memes—is rocketing once ...

Posted on 06/03/2024

Crypto’s $800 Billion Rally Widens Beyond Record-Setting Bitcoin

Smaller cryptocurrencies are starting to pull ahead of record-setting Bitcoin as traders bet the tokens are next in line to test all-time peaks.An index tracking the bottom half of the largest 100 ...

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