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Category: FINANCE

Posted on 22/02/2024

English Video Shows Japan Regional Banks Opening Up to Investors

A brief video message in English from the head of a small Japanese bank is turning heads, mostly because it’s never been done before. Gunma Bank Ltd. posted a clip on its website this week of ...

Posted on 22/02/2024

Japan’s Nikkei index opens near record high as tech rallies on AI hype

Gains on the Nikkei were driven chiefly by heavyweight technology stocks, as consensus-beating fourth-quarter earnings from AI darling NVIDIA Corporation (NASDAQ: NVDA) drummed up hype over an AI-led ...

Posted on 22/02/2024

Japan’s Nikkei Stock Average jumps after Nvidia beats estimates

TOKYO -- The Nikkei Stock Average rallied on Thursday morning after a strong earnings report by U.S. chipmaker Nvidia raised expectations of a continued boom in semiconductor investment. The Japanese ...

Posted on 22/02/2024

Japan’s Feb Factory Activity Extends Declines as Conditions Worsen – PMI

TOKYO (Reuters) - Japan's factory activity extended declines and service sector growth eased in February, surveys showed on Thursday, suggesting business conditions were worsening as the economy ...

Posted on 22/02/2024

US, Japan, S. Korea to cooperate on Russia-bound export controls, Tokyo says

TOKYO, Feb 22 (Reuters) - The United States, Japan and South Korea agreed to cooperate further on export controls over Russia-bound goods and critical technologies, Japan trade ministry said on ...

Posted on 22/02/2024

Crypto Tycoon Do Kwon Should Be Extradited to U.S., Montenegro Court Rules

Disgraced cryptocurrency entrepreneur Do Kwon should be extradited to the U.S. to face trial on fraud charges, rather than to his native South Korea, a court in the tiny Balkan country of Montenegro ...

Posted on 22/02/2024

Winklevoss Twins Donate $4.9 Million to Crypto Group Trying to Influence 2024 Election

Tyler and Cameron Winklevoss have donated $4.9 million to the political action committee Fairshake, according to new filings with the U.S. Federal Election Committee. It’s just the latest windfall for ...

Posted on 22/02/2024

Winklevoss twins donate nearly $5 million to crypto super PAC: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...

Posted on 22/02/2024

Investment Funds Will Be Allowed To Hold Crypto Under New Legislation in Japan: Report

If newly proposed legislation passes, Japan will start allowing investment funds to hold digital assets. According to a new Bloomberg report, the administration of Japan’s Prime Minister Fumio Kishida ...

Posted on 22/02/2024

The billionaire Winklevoss twins gave $4.9 million to a super PAC backing crypto-friendly politicians

The Fairshake super PAC has also received funding from Coinbase, Marc Andreessen, and Ben Horowitz. It aims to influence crypto regulation.

Posted on 22/02/2024

Japan’s Nikkei pushes to 34-year peak as chip shares climb

Japan's Nikkei share average rallied to its highest level in 34 years on Thursday, as chip-related shares tracked overnight gains in Wall Street peers. The benchmark stock index now sits just 800 ...

Posted on 22/02/2024

As Crypto ‘Points’ Farming Grows, So Does Risk of Vague Promises

May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now Blockchain protocols are increasingly offering "point" incentives to ...

Posted on 22/02/2024

Crypto Behavioral Finance: Why Do We Tend To Follow The Herd?

Herding is hardwired into human behavior, and nowhere is this more evident than the digital currency markets, which is notorious for outsize volatility.

Posted on 22/02/2024

Japan’s Aozora Bank Extends Gain on Plans to Resume Dividend

Aozora Bank Ltd. shares extended gains as the Japanese lender said it aims to resume dividend payments, and as investor concerns dissipated over losses on US commercial real estate.

Posted on 21/02/2024

‘All hell was breaking loose’: Mystery deepens in case of Highland Park man accused of $400 million crypto hack on FTX

By the time the FBI raided Robert Powell’s luxurious Highland Park home three years ago, what agents saw as the red flags of fraud were everywhere. The 23-year-old Powell was living alone on the North ...

Posted on 21/02/2024

Japan’s GameFi community raises liquidity concerns with lawmaker

The Japanese blockchain gaming community approached the Liberal Democratic Party (JDP) seeking help to improve liquidity in Japan’s crypto asset market. On Feb. 21, Ryo Matsubara, director of Oasys, a ...

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