A more basic criticism by The Economist is that the rhetoric of the new capitalism represents a misdiagnosis of Japan’s economic ills: “It has barely budged since the 1990s. Growing inequality is less ...
It’s like 2021 again as crypto altcoins soar as much as 66%
Solana's SOL and Cardano's ADA tokens rose by 33% and 23%, respectively, while Polygon's MATIC and Algorand's ALGO coins are up 20% and 14%.
The issue with crypto regulation is ‘the lack of clarity’, says Coindesk’s Emily Parker
Emily Parker, Coindesk executive director of global content, joins 'Squawk Box' to discuss the state of crypto in the U.S., why she thinks other foreign countries are now rolling out the welcome mat ...
Analysis: Bank of Japan in a bind as price pressures heighten case for early policy tweak
The Bank of Japan is caught in a dilemma with growing prospects of sustained inflation heightening the case for an early tweak to its yield control policy, despite Governor Kazuo Ueda's reassurances ...
G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation, Japan’s finance minister says
Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on ...
Biggest IPO this year? SoftBank’s chip designer Arm in talks to add Nvidia as anchor investor
Arm Ltd, the chip designer owned by Japanese conglomerate SoftBank Group ... could be the biggest initial public offering (IPO) of the year. Nvidia, the world’s most valuable semiconductor company, is ...
Japan stocks lower at close of trade; Nikkei 225 down 0.09%
Japan stocks were lower after the close on Friday, as losses in the Insurance, Transport and Banking sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.09%. The best performers of ...
NYC mayor Eric Adams to update disclosure form after failing to report crypto holdings, report says
A spokesman told the Daily News that Adams had omitted his stakes, because he had misunderstood the question and believed it only referred to securities.
Signs ‘crypto winter’ ending as regulatory fog begins to lift
Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory and investment moves have started to shift momentum in markets that had been stuck in a rut for months.
Nikkei reverses course to inch down on BOJ worries, yen’s gain
Japan's Nikkei share average reversed course to end lower on Friday due to caution ahead of the central bank's policy meeting, while the yen's gain against the dollar prompted investors to sell stocks ...
How China and Japan Could Shore Up Their Economies
So are the reserves-rich Asian giants marshaling a counterattack against the almighty dollar? Not exactly. The Bank of Japan’s prime interest rate is 0.1% and China’s 3.55%, compared to the Fed’s 5.25 ...
Japan’s Nikkei eases off session highs on earnings, BOJ worries
Japan's Nikkei share average rose on Friday, led by chip-related stocks, but surrendered most of its early gains due to caution ahead of the Bank of Japan's policy meeting and upcoming corporate ...
Alleged crypto crook Sam Bankman-Fried asks judge to allow ‘close friends’ to visit
Alleged crypto crook Sam Bankman-Fried asks judge to allow 'close friends' to visit without a security guard present.
Japan’s Orix Bank to plow $2.9bn into renewables and logistics
TOKYO -- Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects, Nikkei has learned, as it aims ...
Crypto Industry Secures Early Victory in Legal Battle With Regulators
The cryptocurrency industry secured an early victory in its court battle with U.S. regulators when a federal judge ruled on Thursday that the sale on public exchanges of a digital asset called XRP ...
Founder of bankrupt crypto firm Celsius is arrested on fraud charges
Alex Mashinsky, the founder and former CEO of the bankrupt cryptocurrency firm Celsius Network, was arrested Thursday and charged with defrauding customers and lying about his firm’s business model.