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Category: FINANCE

Posted on 18/05/2023

Sony Weighs Financial Arm IPO to Fuel Big Investment Push

Sony Group Corp. is weighing a partial spinoff and separate listing for its financial unit in two to three years, a major decision aimed at bankrolling an investment push in gaming and electronics.

Posted on 18/05/2023

Sony eyes finance unit listing, doubles down on entertainment

TOKYO - Sony Group Corp on Thursday (May 18) said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on ...

Posted on 18/05/2023

Japan racks up trade deficit although exports gradually rebound

Japan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered ...

Posted on 18/05/2023

Japan stocks sparkle as semiconductor growth beckons

The broader Topix rose 0.9% to 2,156 and is at 33-year highs. Japan's exports rose 2.6% in April from a year earlier, Ministry of Finance data showed - a little below expectations but investors were ...

Posted on 18/05/2023

Asia markets rise as Wall Street lifted by hopes of debt ceiling deal

Stocks on Wall Street closed higher as investors hoped congressional leaders and President Joe Biden could come to a deal on the U.S. debt ceiling.

Posted on 18/05/2023

Sony eyes listing for heavyweight finance unit

Sony Group Corp on Thursday said it is examining a partial spin off of its financial business within the next two to three years, as the conglomerate focuses on its entertainment business. Sony said ...

Posted on 18/05/2023

Stadium built for Tokyo Olympics faces redevelopment dispute

TOKYO — About 1,500 trees were cut down to build the $1.4 billion National Stadium for the Tokyo Olympics. Almost two years after the Games ended, the graceful stadium sits largely unused, has no ...

Posted on 18/05/2023

Justin Sun argues crypto winter is over and addresses the SEC charges against him

In a wide-ranging interview with Crypto World, Justin Sun, the founder of the smart contract blockchain Tron, addresses the recent SEC charges against him and his companies, explains whether he plans ...

Posted on 18/05/2023

Japan April exports rise 2.6% year/year – MOF

TOKYO (Reuters) - Japan's exports rose 2.6% in April from a year earlier, Ministry of Finance data showed on Thursday. The rise compares with a 3.0% increase expected by economists in a Reuters poll.

Posted on 18/05/2023

Japan’s export growth hits two year low on weak China demand

Japan's export growth hit its weakest pace in more than two years in April as China-bound shipments slumped amid lingering worries about faltering global economic demand. Exports rose 2.6% in April ...

Posted on 18/05/2023

Bankrupt crypto lender Voyager Digital predicts 35% customer payout

Crypto lender Voyager Digital said Wednesday that customers will soon recover about 35% of their cryptocurrency deposits as the company winds down operations after a failed buyout attempt by crypto exchange Binance.

Posted on 18/05/2023

Japan’s Rapidus shares views on TSMC competition and 2nm progress

Rapidus, Japan's newly created semiconductor champion that seeks to reach 2nm production by 2027, indicated that its EUV lithography machine is in place. Talking to , Rapidus president Atsuyoshi Koike ...

Posted on 18/05/2023

Exploring the top Bitcoin-friendly countries for cryptocurrency enthusiasts

C Ascend. This article will delve into the legal landscape to buy Bitcoin with a debit card in five countries that have emerged as havens for cryptocurrency enthusiasts.

Posted on 18/05/2023

More crypto platforms are filing for bankruptcy — what does this mean for your crypto?

Voyager and Bittrex are two of the latest crypto platforms to file for bankruptcy. Learn what this means for you, and how to keep your crypto safe.

Posted on 18/05/2023

LayerZero and Immunefi launch largest crypto bug bounty program with up to $15M in rewards

LayerZero Labs, the team behind cross-chain messaging protocol LayerZero, has partnered with bug bounty and security services platform Immunefi to launch a $15 million bug bounty for its protocol, Bryan Pellegrino,

Posted on 17/05/2023

Treat Crypto Like Gambling, Say U.K. Politicians

British MPs describe crypto industry as a "wild west" and recommend government regulate crypto in the same way as gambling

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