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Category: FINANCE

Posted on 15/11/2023

Institutions have driven this crypto token to a $24 billion market cap, despite ties to FTX

One crypto favored by Sam Bankman-Fried has seen remarkable success despite his fall, as institutional investment drives the price this year.

Posted on 15/11/2023

FTX Sues Crypto Exchange Bybit to Recover $953 Million in Cash and Assets

The lawsuit is FTX’s latest attempt to recuperate assets owed to customers after disclosing a nearly $9 billion shortfall in deposits.

Posted on 15/11/2023

Cathie Wood predicts crypto price explosion ‘to $25 trillion in 2030’

The ARK Invest CEO described the price ramifications for the crypto market as institutions increasingly enter the space.

Posted on 14/11/2023

Japan Supports U.S.-Led Initiative for Military AI Governance

Japan Supports U.S.-Led Initiative for Military AI Governance. Amid the accelerating integration of artificial intelligence into the intricate tapestry of global defense systems, ...

Posted on 14/11/2023

All memes aside, crypto buyers aren’t any different from stock investors

According to a study circulated earlier this week by the National Bureau of Economic Research, “crypto investors are not as dissimilar from equity investors as some might believe.” The study, entitled “Who invests in Crypto?

Posted on 14/11/2023

The U.S. Is Weighing Crypto Tax Rules: What Could Happen Next?

The U.S. Internal Revenue Service (IRS) has a public hearing slated on Monday about proposed regulations for digital asset transactions. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect,

Posted on 14/11/2023

Japan’s $20 trn ‘carry trade’ poses risks amid central bank’s policy shift

Japan's government is engaged in a massive $20 trillion "carry trade" - the funding of loans and foreign assets by borrowing low-cost yen - that could bring unexpected risks if the central bank ...

Posted on 14/11/2023

Japan’s finance minister says government will take necessary forex steps as yen tumbles

TOKYO: Japanese Finance Minister Shunichi Suzuki said on Tuesday (Nov 14) that the government would take all possible steps necessary to respond to currency moves, repeating his usual mantra that ...

Posted on 14/11/2023

Crypto Recovery is Easier than You Think. See How It Really Works

Crypto has emerged as a popular digital asset in the digital world we now live in. This helps to facilitate a lot of transactions. The increasing popularity of crypto has also led to a rise in crypto ...

Posted on 14/11/2023

Japan stocks higher at close of trade; Nikkei 225 up 0.43%

Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Paper&Pulp, Warehousing and Rubber sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.43% to ...

Posted on 14/11/2023

Japan’s biggest bank Mitsubishi UFJ reports 3-fold jump in Q2 profit

Mitsubishi UFJ Financial Group Inc, Japan's largest lender by assets, said on Tuesday its second-quarter net profit jumped more than three times from a year earlier. Mitsubishi UFJ posted net profit ...

Posted on 14/11/2023

EUR/JPY refreshes decade high above 162.00 amid delay in Japan’s intervention plans

Amid a sharp sell-off in the Japanese Yen, the expectations of a stealth intervention by the Japanese authority in the FX domain have escalated. Japanese Finance Minister Sunichi Suzuki said on Monday ...

Posted on 14/11/2023

IHH Healthcare unit sues Japan’s Daiichi Sankyo over Fortis deal

On Oct, 16, Northern TK Venture filed a claim against the Japanese pharmaceuticals manufacturer stating ... Dealscategory India's Tata Technologies' IPO to open on Nov. 22 India's Tata Technologies' ...

Posted on 14/11/2023

Japan’s Nikkei ends higher on optimism for corporate earnings outlook

Japan's Nikkei share average ended higher on Tuesday amid expectations that domestic firms would continue posting solid outlook, with the yen hovering near a three-decade low against the dollar. The ...

Posted on 14/11/2023

BOJ seen ending negative rates in April, keep hiking next year – ex-c.bank economist

The Bank of Japan is expected to end its negative interest rate policy in April and keep raising short-term borrowing costs next year on heightening prospects of sustained wage growth, its former top ...

Posted on 14/11/2023

Japan gov’t ready to take necessary steps as yen tumbles- Finance chief

TOKYO -Japanese Finance Minister Shunichi Suzuki said on Tuesday that the government would take all possible steps necessary to respond to currency moves, repeating his usual mantra that excessive ...

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