A Japanese government-backed bank is set to spend about $40 billion for sustainable purposes, and it will scrutinize the use of funds to ensure companies aren’t greenwashing. ( read original story ...)
Japan startups see Kishida’s ‘new capitalism’ as road without map
Japanese entrepreneurs striving to grow startups have joined economists, market participants and business leaders in wondering what Prime Minister Fumio Kishida's talk of "new capitalism" means for ... ( read original story ...)
Crypto has a trust problem. Here’s why brands need to win over consumers even as many slash their marketing budgets
Crypto needs to rebuild trust with consumers, but many companies are facing layoffs and budget cuts that will affect their ability to advertise effectively. ( read original story ...)
Roundup: Japan’s Nikkei closes at 5-week low on concerns over slowing growth as central banks hike rates
Japan's benchmark Nikkei stock index ended at a five-week low on Monday on mounting concerns that the U.S. Federal Reserve's continued aggressive monetary policy will slow economic growth. ( read original story ...)
CryptoCodex: Your Free Essential Briefing On What’s Driving The Day In The World Of Bitcoin And Crypto
Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex—A daily newsletter for traders, investors and the crypto-curious. ( read original story ...)
Another Major International Bank Forecasts Recession In The U.S.
Several major financial institutes have warned that the Federal Reserves’ steep hike in interest rates is raising the risk of inflation. ( read original story ...)
Crypto’s Lehman Brothers moment
If the collapse of LUNA was crypto’s Bear Stearns moment, Celsius Network may well be its Lehman Brothers moment. Ironically, crypto markets were lauded as being the antidote to the ills of ... ( read original story ...)
Crypto markets face a long road back after bitcoin plunges below $20,000 as an ‘every man for himself’ attitude spreads, UBS strategist says
Crypto is set for a highly difficult period after bitcoin plunged below $20,000, a top UBS strategist has said. James Malcolm told Insider crypto's collaborative spirit has given way to an "every man ... ( read original story ...)
Japan court delivers blow to same-sex marriage advocates
Osaka District Court on Monday ruled that it is "constitutional" for Japan not to allow same-sex unions, in a setback for LGBT+ rights advocates in the only Group of Seven nation that does not ... ( read original story ...)
Japan’s Nikkei ends at more than 5-week low; chip, energy shares drag
"The indexes gained earlier in the session because investors sought to buy cheap stocks but the trading activities shrank as they struggled to find market moving cues," said Chihiro Ohta, assistant ... ( read original story ...)
Crypto industry fears contagion as bitcoin slips under $20,000
The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout. ( read original story ...)
What you need to know about staked ether, the token at the center of crypto’s liquidity crisis
Staked ether is supposed to be worth the same as ether, but it's trading at a widening discount right now. Here's what's going on. ( read original story ...)
Is crypto crumbling, or is it merely in the ‘incubation phase’? One of Silicon Valley’s top Web3 investors says don’t throw the baby out with the bathwater
"Don't throw the baby out with the bathwater," the lead crypto investor at Silicon Valley venture capital firm Andreessen Horowitz urges. ( read original story ...)
Japan set to fine Twitter, Meta, Google if they neglect domestic registry -Nikkei
The Japanese government is set to levy fines against 48 tech companies including Twitter Inc. Facebook- owner Meta Platforms Inc and Alphabet Inc's Google for failing to register their headquarters in ... ( read original story ...)
Japan fintech investments fall to five-year low in Q1
There were only eight investment transactions during the quarter. Japanese fintech investment fell to its lowest quarter in five years, according to a report by FinTech Global. Investments reached ... ( read original story ...)
Asian shares down on recession risks; Nikkei loses over 1%
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.4% and Tokyo's Nikkei 1.2%. Chinese blue chips gained 0.5%, perhaps aided by news President Joe Biden was considering removing some ... ( read original story ...)