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Category: FINANCE

Posted on 02/12/2023

Binance’s VIP traders got sneak peek of record U.S. crypto penalty

U.S. probes into Binance date back to 2018 when the company was only a year old. Various arms of the Justice and Treasury departments have been involved.

Posted on 02/12/2023

Judge scolds SEC for apparent deception in crypto case, threatens to sanction agency

A federal judge rebuked the Securities and Exchange Commission on Thursday over its treatment of a crypto firm, expressing concern the agency had made “materially false and misleading representations” ...

Posted on 02/12/2023

Crypto stocks set to start December on high note as bitcoin hits near 19-month high

Shares of crypto miners and bitcoin-tracking companies rose on Friday as the world's largest cryptocurrency extended a recent rally to touch a near 19-month high on improving risk appetite.

Posted on 02/12/2023

Crypto stocks have notched blistering triple-digit rallies this year

Michael Saylor's MicroStrategy, which holds a trove of bitcoin worth $6.5 billion, has seen its stock jump 260% in 2023. Meanwhile, crypto miners Riot Platforms and Marathon Digital have rallied about ...

Posted on 02/12/2023

Avalanche, Helium Lead Monthly Crypto Gains as Bullish Bitcoin Consolidation Spurs Altcoin Season Call

Smaller tokens outperformed bitcoin during bullish November for crypto markets.AVAX, HNT, BLUR and RUNE were among the best performers with ...

Posted on 02/12/2023

Shein’s IPO could raise billions. Here’s what to know about the secretive Chinese-founded retailer.

(part 1) 05:27 Shein, the fast-fashion giant that's built a following through social media influencers touting a seemingly endless variety of new designs, has filed confidentially for an IPO in ...

Posted on 02/12/2023

The 2024 IPO cohort is coming into focus as Shein, Reddit prep to go public

What will come first: the heat death of the universe or Reddit’s IPO? It appears the self-professed “front page of the internet” is once again gearing up for a public offering, Bloomberg ...

Posted on 02/12/2023

Japan expresses concern over continued US Osprey flights

The Pentagon on Friday sought to alleviate fears of any issue with Osprey aircraft based in Japan after Tokyo expressed concerns over the U.S. military continuing to fly the aircraft in the country ...

Posted on 02/12/2023

One in Four Americans Now Hold Bitcoin and Crypto Is Going Mainstream

As digital assets gain a foothold in more investor portfolios, crypto is poised to become a truly mainstream technology.

Posted on 02/12/2023

Crypto stocks set to start December on a high note as bitcoin hits near 19-month high

Shares of crypto miners and bitcoin-tracking companies climbed in premarket trading on Friday as the world's largest cryptocurrency extended a recent rally to touch a near 19-month high on improving ...

Posted on 02/12/2023

Former Treasury chief joins Japanese banking giant amid Government lobbying concerns

Former Treasury chief Sir Tom Scholar has been hired by Japan’s biggest investment bank Nomura but will face restrictions that prevent him from lobbying Government officials. Sir Tom, who was sacked ...

Posted on 02/12/2023

Japan’s factory activity contracts for the sixth straight month in November

The au Jibun Bank Japan Manufacturing PMI was revised higher to 48.3 in November from preliminary estimates of 48.1, however, was lower than October's 48.7, pointing to the sixth straight month of ...

Posted on 01/12/2023

Japan PM Kishida’s popularity further depletes over ‘secret funds’ scandal

Also read: Deputy finance minister of Japan resigns after tax scandal in another blow to PM Fumio Kishida He said then-Japanese Prime Minister Shinzo Abe (who was assassinated in 2022) told him to ...

Posted on 01/12/2023

Crypto app users left fearing for investments

Users were told they could double their investments online but are now unable to make withdrawals.

Posted on 01/12/2023

Japan’s Nikkei posts first weekly drop in five as tech drags

TOKYO, Dec 1 (Reuters) - Japan's Nikkei share average drifted lower on Friday to post its first weekly drop in five, as tech shares slumped on elevated bond yields after economic data provided more ...

Posted on 01/12/2023

Japan’s 10-year bond yield jumps ahead of auctions

Japan's 10-year government bond yield jumped on Friday, tracking U.S. Treasury yields higher, as investors braced for auctions for 10- and 30-year bonds next week. The 10-year JGB yield rose as much ...

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