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Category: FINANCE

Posted on 09/09/2023

FTX Probing If Millions in Payments to Shaq, Naomi Osaka Can Be Returned

FTX Group advisers have scrutinized whether they can claw back millions of dollars paid to Shaquille O’Neal, tennis star Naomi Osaka and other professional athletes and teams that promoted Sam Bankman ...

Posted on 09/09/2023

FTX Probing If Payments to Shaq, Naomi Osaka Can Be Clawed Back

FTX Group advisers have scrutinized whether they can claw back millions of dollars paid to Shaquille O’Neal, tennis star Naomi Osaka and other professional athletes and teams that promoted Sam Bankman ...

Posted on 09/09/2023

How the Creator League died after 5 days, and why it’s a bad omen for crypto

The online video game tournament had enlisted top streamers. But when they found out about the NFTs they went ballistic.

Posted on 09/09/2023

The founder of a failed crypto exchange was sentenced to 11,000 years in prison

Faruk Fatih Ozer ran the crypto exchange Thodex until it crashed in 2021. A Turkish court just found him guilty of fraud.

Posted on 09/09/2023

Turkish crypto boss handed 11,196 years in prison

Faruk Fatih Ozer was found guilty of defrauding millions of dollars from investors in his collapsed Thodex platform.

Posted on 09/09/2023

Bitcoin price spikes as it is taken off crypto exchanges

Bitcoin has jumped back above the $26,000 mark, after languishing in $25,000 territory for over one week. The world's largest digital asset by market capitalisation has increased ...

Posted on 08/09/2023

Stock market today: World shares extend slide, while Japan reports economy grew less than expected

Shares have slipped in Asia after Japan reported its economy grew less than earlier estimated in the last quarter.

Posted on 08/09/2023

Japan’s Nikkei slumps to weekly loss on US rate jitters, iPhone ban

Japan's Nikkei share average fell more than 1% on Friday, sending it to a first weekly loss in three, as the benchmark tracked Wall Street losses amid worries about tighter U.S. Federal Reserve policy ...

Posted on 08/09/2023

FTSE 100 Live: Asia shares sink as Japan economy grows slower than expected, blue-chips seen flat

FTSE 100 Live Friday Berkeley resilient, calls for clarity on regulationsMusic rights investor Round Hill in $469m buyoutComputacenter shares surge on results ...

Posted on 08/09/2023

Japan Regulator Aims to Remove Unrealized Gains Tax To Boost Crypto Industry

Japan's financial regulator proposed changing the tax code for digital assets to eliminate an unrealized gains tax that's paid at year's end.

Posted on 08/09/2023

Nomura Crypto Chief Warns Market Rout May Delay Unit’s Profit

Nomura Holdings Inc.’s crypto unit may take longer than expected to break even after a rout in digital assets slashed trading volumes and upended business plans.

Posted on 08/09/2023

Japan’s Nikkei extends losses on US rate jitters, iPhone ban

Japan's Nikkei share average fell for a second session on Friday, tracking overnight Wall Street losses as worries about tighter U.S. Federal Reserve policy and a Chinese iPhone ban weighed on ...

Posted on 08/09/2023

Japan warns of excessive currency moves, says all options on table

TOKYO (Kyodo) -- Japan is ready to respond "appropriately" to excessive volatility in the currency market, with all options on the table, Finance Minister Shunichi Suzuki said Friday, following the ...

Posted on 08/09/2023

Japan logs record current account surplus in July

TOKYO, Sept. 8 (Xinhua) -- Japan's current account surplus reached 2.77 trillion yen (about 19 billion U.S. dollars) in July, a record amount for the month, as the trade balance swung to surplus, ...

Posted on 08/09/2023

USD/JPY gains momentum above the 147.30 mark following Japanese GDP data

USD/JPY edges higher to 147.36 following the weaker Japanese growth numbers. Japanese Gross Domestic Product (GDP) Q2 came in at 1.2% QoQ vs.1.5% prior, worse-than-expected at 1.3%. US Initial Jobless ...

Posted on 08/09/2023

Nikkei Falls 0.4%; Electronics Makers, Trading Houses Weigh

Japanese stocks were lower in early trade, dragged down by falls in electronics makers and trading houses as concerns persist about the Fed’s further tightening following recent signs of U.S. economic ...

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