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Category: FINANCE

Posted on 07/09/2023

Taylor Swift’s Banner Won’t Return to Crypto.com Rafters for Lakers, Clippers Games

Taylor Swift's banner will not be returning to the rafters at Crypto.com Arena any time soon. The banner, which Kobe Bryant presented to Swift for her

Posted on 07/09/2023

Visa, X (Twitter) making big moves into crypto payments

Major platforms representing a range of industries — including Visa, X (formerly Twitter), Swift and more — are working to add cryptocurrency payments for users as they explore a range of new integrations.

Posted on 07/09/2023

Feds charge Piermont investor with stealing $1.5M, saying he’d invest it in stocks, crypto

Investor Jeffrey Tognetti of Piermont is charged with bilking his clients out of at least $1.5 million for personal use, federal authorities said.

Posted on 07/09/2023

Japan won’t rule out options to halt FX speculation, officials say

TOKYO, Sept 6 (Reuters) - Japan's top currency diplomat Masato Kanda said on Wednesday ... but 150 yen may be a psychological line that could trigger intervention." Kanda, vice minister of finance for ...

Posted on 06/09/2023

Arm Holdings IPO: SoftBank’s Chip Maker Could Go Public As Soon As Next Week

With concerns about the smartphone market and its exposure to China, Arm has a potential uphill battle to achieve its valuation.

Posted on 06/09/2023

Japanese Yen and Nikkei on the Move as Officials Send Latest Warning

The Japanese yen nervously depreciates to levels that could trigger another round of FX interventions after officials communicate disconnect between rate and fundamentals ...

Posted on 06/09/2023

China and Japan push back against dollar strength

People’s Bank of China sets renminbi trading band higher than expected while Tokyo warns against yen’s decline ...

Posted on 06/09/2023

KKR to list chip equipment maker as Tokyo experiences IPO revival

The suddenness of the Marelli crisis raised red flags among Japanese banks and hurt KKR’s reputation in the country. People close to the IPO plans said the group intended to list Kokusai during a ...

Posted on 06/09/2023

Japan shares extend highs as weak yen boosts autos, energy stocks gain

Japanese equities closed at new highs on Wednesday, with the weakest yen rate since November boosting automakers, while energy shares outperformed amid a surge in crude oil prices.

Posted on 06/09/2023

Japan’s Mizuho bank to join MUFG’s stablecoin platform

Mitsubishi UFJ Trust and Banking Corporation and Web3 developer Ginco Inc. have partnered to introduce what they call Japan's first "crypto asset trust." ...

Posted on 06/09/2023

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people have crypto investments, but only few of them have holdings worth more than $1 million, a new survey shows.

Posted on 06/09/2023

Opening of Osaka casino resort delayed one year to 2030

OSAKA--The nation's first casino-centered integrated resort (IR), planned on a manmade island here, remains a safe bet although the opening will be pushed back a year to around autumn 2030.

Posted on 06/09/2023

North Korean hackers have allegedly stolen hundreds of millions in crypto to fund nuclear programs

North Korea-linked hackers have stolen hundreds of millions of crypto to fund the regime's nuclear weapons programs, research shows.

Posted on 06/09/2023

Japan shares extend gains as weak yen boosts autos, energy stocks rally

Japanese equities pushed to new highs on Wednesday, with the weakest yen rate since November boosting exporters such as automakers, while energy shares outperformed amid a surge in crude oil prices.

Posted on 06/09/2023

Bank of Japan policymaker sees signs of change in Japan’s deflationary mindset

JAPAN is seeing early signs of change in the public’s long-held perception that wages and inflation won’t rise much, central bank policymaker Hajime Takata said, suggesting conditions for phasing out ...

Posted on 06/09/2023

SoftBank’s Arm launches IPO courting T Rowe in $52 bln valuation ask

SoftBank Group's Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to convince investors it is worth as much as $52 billion ...

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