Japan's Nikkei share average closed at the highest level in two weeks on Wednesday as chip stocks led a rally on bets for a more dovish U.S. Federal Reserve. The tech-heavy Nikkei ended the day up 0.6 ...
Japan’s Nikkei extend gains on dovish Fed tilt, chips rally
Japan's Nikkei share average rose for a second session on Wednesday and was on track for its highest close this month, as chip stocks led a rally on bets for a more dovish U.S. Federal Reserve.
Bank transactions face further delays in Japan due to system glitch
Transactions between banks have been disrupted since the morning of Oct. 10 due to the malfunction of the Zengin Data Telecommunication System. Eleven banks including MUFG Bank and Resona Bank were ...
Tokyo shares track global rally on dovish Fed comments
TOKYO: Tokyo stocks jumped on Tuesday, in line with gains across Asia, as investors returned to play catch-up with the previous day’s gains globally, boosted by dovish comments from Federal Reserve ...
Japan leads gains in Asia as investors shake off pressures from Hamas attack
Japan’s Nikkei 225 jumped over 2.4%, leading gains in the region as the country comes back from a public holiday, with the Topix also gaining 2.09%. The indexes ended the day at 31,746.53 and 2,312.19 ...
Japan payments clearing network disruption continues for 2nd day
Japan's payments clearing network has not yet recovered from a system problem detected the previous day, its operator said Wednesday, warning delays to bank fund transfers may persist. "We have worked to restore the system overnight from Tuesday to Wednesday,
Crypto mining firm Digital Shovel announces new line of module data centers
Digital Shovel's S300 MiniPOD is designed to reduce transportation costs and allow miners to optimize efficiency, anywhere they find power.
Sam Bankman-Fried’s Ex, Co-Conspirator Caroline Ellison Testifies At Crypto Fraud Trial
Ellison pleaded guilty to seven counts of fraud, money laundering and conspiracy after the collapse of FTX last fall.
Moon Mortgage announces beta for trade-and-borrow crypto loan product
Moon Mortgage's beta launch allows users to leverage digital assets as loan collateral while continuing to trade them.
Militants Behind Israel Attack Raised Millions in Crypto
Hamas’s lightning strike on Israel last weekend has left observers questioning how the group financed the surprise operation. One possible answer: cryptocurrency. During the year leading up to the attacks,
Japan’s Kokusai Electric Sets IPO Range Below Initial Guidance
Even if shares are sold at the bottom of the range, Kokusai’s offering would still be the largest in Japan since SoftBank Corp.’s ¥2.4 trillion listing in December 2018. IPO proceeds in Tokyo so far ...
FTX reportedly transferred $500 million of crypto onto a USB stick to stop it from being stolen by hackers
FTX employees reportedly scrambled to stop hackers from making off with $1.1 billion of crypto after FTX went into meltdown late last year.
Star witness to take stand in US crypto king trial
The star witness in the trial of Sam Bankman-Fried arrived at a New York federal court on Tuesday where she is expected to give damning evidence against the one time crypto wunderkind.While awaiting trial in August,
Kokusai Electric sets indicative IPO range of 1,830-1,840 yen per share -filing
Japanese chipmaking equipment maker Kokusai Electric set an indicative initial public offering (IPO) price range of 1,830-1,840 yen ($12.32-$12.39) per share, lower than the previous indicative price ...
Japanese banks crippled by systems outage affecting $81B of interbank transfers
A clearing systems outage affecting 11 of the largest banks in Japan on Tuesday, including MUFG, Mitsubishi Trust and JPMorgan Chase, left more than a million customers unable to make electronic ...
Major failure at Japan bank clearing system disrupts 1.4 million transfers
THE Japanese Bankers Association said on Tuesday (Oct 10) glitches at its payment clearing network system disrupted more than 1.4 million domestic fund transfers, the first major system failure that ...