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Category: FINANCE

Posted on 23/05/2023

Japan to enforce crypto anti-money laundering steps from June

Japan's Cabinet decided Tuesday to enforce stricter anti-money laundering measures from June 1 to trace cryptocurrency asset transact ...

Posted on 23/05/2023

Watchdog proposes first set of global rules for crypto sector

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo ...

Posted on 23/05/2023

Iosco calls on global regulators to be faster and bolder on crypto markets

Regulators should be faster and bolder in taming cryptocurrency markets and should break up companies with intractable conflicts of interest, the global securities watchdog said as it unveiled a ...

Posted on 23/05/2023

Cryptoverse: Busy bitcoin births new breed of crypto

Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glassnode, almost 40% higher than the previous peak in 2017. Bitcoin's dominance, or its share of the ...

Posted on 23/05/2023

Crypto Exchange OKX Sets Up Shop in Paris, Seeks Regulatory Approval

Crypto exchange OKX has applied for regulatory approval in France and plans to build out its European hub in Paris, making it the latest overseas crypto firm to pick the French capital as its base on ...

Posted on 23/05/2023

Japan’s W fund to start investing in Southeast Asian startups

Tokyo-based VC firm W (formerly W ventures) announced on Tuesday that it has increased the fund size of W fund II from its initially-announced size of 5 billion yen to 7 billion yen. The fund ...

Posted on 23/05/2023

Nikkei 225 index is in a relentless bull run: is it a good buy now?

Japan stocks are thriving as demand from locals and foreigners rose and as the economic activity rebounded. The Nikkei 225 index was trading at ¥30,950, the highest level since 1990. In all, the index ...

Posted on 23/05/2023

Japan’s Mizuho expands in US banking with $550 mln Greenhill deal

Mizuho Financial Group Inc will buy U.S. M&A advisory firm Greenhill & Co Inc for $550 million including debt, the companies said on Monday, as Japan's No. 3 lender eyes a bigger share of the world's ...

Posted on 23/05/2023

Mizuho Becomes Third Japan Bank to Sell AT1s After Crisis

Mizuho Financial Group Inc. is set to become the third major Japanese bank to sell Additional Tier 1 bonds after Credit Suisse Group AG’s near-collapse set off a global fire sale, in the latest sign ...

Posted on 23/05/2023

Hines announces senior leadership appointments in Japan

Kiyohito Motoyama, Saiko Ishii, and Ryo Shiino take on newly created positions within the firm’s Logistics and Industrial, Asset Management, and Compliance divisions, respectively.

Posted on 23/05/2023

Japan’s Nikkei hits 33-year peak amid weak yen and debt ceiling hopes

TOKYO, May 23 (Reuters): Japan's Nikkei share average pushed to a fresh 33-year high on Tuesday, helped by a weaker yen and gains for U.S. stock futures amid increased optimism about a debt ceiling ...

Posted on 23/05/2023

Japan Finance Minister Suzuki arranging to meet Sri Lanka president during visit

Japanese Finance Minister Shunichi Suzuki said on Tuesday he was arranging to meet Sri Lanka's president in Japan this week. "Japan wants to contribute to Sri Lanka's debt restructuring," Suzuki told ...

Posted on 23/05/2023

Controversial crypto mixer Tornado Cash is facing another crisis. This time, it’s the victim

Over the weekend, Tornado Cash, a so-called crypto tumbler that obfuscates the origins and destinations of cryptocurrency transactions, fell victim to a hostile takeover by a hacker who snatched control of the blockchain protocol by hijacking its ...

Posted on 23/05/2023

Japan’s Factory Activity Expands for First Time in 7 Months PMI

TOKYO (Reuters) - Japan's manufacturing activity expanded for the first time in seven months in May, while the service-sector hit record growth, a survey showed on Tuesday, as the post-COVID recovery shored up business conditions. The au Jibun Bank flash ...

Posted on 23/05/2023

FRASERS HOSPITALITY MAKES MAIDEN ACQUISITIONS IN PREMIUM RENTAL APARTMENT SEGMENT IN CHINA AND JAPAN

As part of these joint ventures, Frasers Hospitality has entered into two sale and purchase agreements to acquire its inaugural premium rental apartment assets in Shenzhen, China and Osaka, Japan with ...

Posted on 23/05/2023

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

Hacker stole around $400 million from crypto projects during 40 attacks in the first three months of 2023, blockchain intel firm TRM Labs said in a new report. This is a 70% decline from the Q1 of 2022. The average hack size also got smaller, according to ...

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