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Category: FINANCE

Posted on 17/10/2023

Japan’s Top FX Diplomat Kanda: To take appropriate action when needed in forex market

Japan's top currency diplomat Masato Kanda said on Monday that it “will take appropriate action when needed in the forex market .“ Yen still perceived as safe asset along with Swiss Franc, US Dollar.

Posted on 17/10/2023

Tether freezes 32 crypto wallets holding $873,118 linked to terrorism and warfare in Israel, Ukraine

Tether has frozen 32 virtual wallets linked to crypto-funded terrorism and warfare in Israel and Ukraine, according to a media release published on Monday. Tether, which issues the world's largest ...

Posted on 17/10/2023

Millions (or less) in Bitcoin and other crypto will now buy you a Ferrari

Enrico Galliera, Ferrari's chief marketing and commercial officer told Reuters that the fast-car maker is now accepting cryptocurrencies as payment in the U.S.

Posted on 17/10/2023

KKR Raises $723 Million Through Japan’s Biggest IPO Since 2018

Japanese chip-equipment maker Kokusai Electric Corp.’s initial public offering was priced at the top of an offered range, with shareholder KKR & Co. set to raise ¥108 billion ($723 million) in the ...

Posted on 16/10/2023

Buying a Ferrari With Crypto Is Now Possible

It's now possible to purchase a Ferrari luxury sports car in the US without spending any cash. As Reuters reports, Ferrari announced it now accepts cryptocurrency as a form of payment in the US and ...

Posted on 16/10/2023

Hong Kong Crypto Exchange OSL Weighs Sale at HK$1 Billion Valuation

Hong Kong’s BC Technology Group Ltd. is exploring the sale of its crypto platform OSL, one of only two exchanges licensed under digital-asset rules the city introduced in June, people familiar with ...

Posted on 16/10/2023

Leak Reveals A Wall Street Crypto ‘Revolution’ That Could Crush The U.S. Dollar Has Suddenly Begun

The bitcoin price has struggled this year amid a growing U.S. "war" on crypto, though a looming $17.7 trillion earthquake could be about to hit the bitcoin, ethereum, XRP and crypto market. Now, as ...

Posted on 16/10/2023

Bitcoin Jumps. There Is Potential News About a Crypto ETF Approval.

Bitcoin and other cryptocurrencies surged Monday on the rising possibility that the Securities and Exchange Commission soon will approve the first spot Bitcoin ETF.

Posted on 16/10/2023

‘Mind-Bogglingly Massive’—Crypto Suddenly Braced For A Fed Shock That Could Actually Pump The Price Of Bitcoin Ethereum, BNB And XRP – Forbes

Bitcoin, ethereum and other major cryptocurrencies BNB BNB and XRP XRP have defied expectations with their 2023 price rally—though one small cryptocurrency ...

Posted on 16/10/2023

Kokusai Electric’s $724.4M IPO Marks Japan’s Largest in Five Years

Kokusai Electric, a Japanese chip equipment maker owned by U.S private equity firm KKR, has successfully raised $724.4 million in Japan’s largest initial public offering in five years, valuing the ...

Posted on 16/10/2023

Japanese Banking Evolution: MUFG Issues First Ever Dollar-Denominated AT1 Bonds

A new chapter unfolds in the narrative of Japan’s banking industry as Mitsubishi UFJ Financial Group Inc. (MUFG) takes the audacious step of issuing dollar-denominated Additional Tier 1 (AT1) bonds, ...

Posted on 16/10/2023

Tokyo stocks lead Asia markets lower, Japan inflation data awaited

Japan's inflation data is expected this week, while China will release its third-quarter gross domestic product. South Korea's rate decision also eyed.

Posted on 16/10/2023

What Determines the Price of Bitcoin?

Bitcoin can be stored in a digital wallet on a computer or smartphone, and transactions can be made directly between users without the need for intermediaries such as banks.

Posted on 16/10/2023

Japan chip tool maker Kokusai Electric raises $724 million in IPO

By Mariko Katsumura, Sam Nussey and Miho Uranaka TOKYO (Reuters) -Chip equipment maker Kokusai Electric has raised $724.4 million after pricing its shares at the top end of their marketed range in ...

Posted on 16/10/2023

Kokusai Electric Raises $724.4 Million After Setting IPO Price at the Top End of Range

TOKYO (Reuters) - Chip equipment maker Kokusai Electric has raised $724.4 million by pricing its shares at the top end of a scaled-back marketing range in Japan's largest initial public offering in ...

Posted on 16/10/2023

Kokusai Electric sets IPO price at 1,840 yen, at top end of range

Chip equipment maker Kokusai Electric on Monday priced its initial public offering, Japan's largest in five years, at 1,840 yen a share, at the top end of a scaled-back marketing range. (Reporting by ...

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