Japan's Nikkei share average shook off early disappointment over a smaller-than-anticipated rate cut in China to rise 1% on Monday, as the stock benchmark rebounded from last week's steep losses.
SoftBank’s Plans for Arm Revive IPO Interest Among Tech Peers
It has that look of IPO love. SoftBank completed a full takeover of British chipmaker Arm on Friday, with plans to take it public as soon as next month. In the wake of the news, according to a new ...
Japan’s Nikkei falls over 3% this week; posts biggest weekly loss in 8 months amid China worries
The Nikkei index fell 0.55% to close at 31,450.76. For the week, the index lost 3.1%, its biggest weekly decline since the week ended December 2023.
Crypto Startup Aims to Tokenize Stocks by Playing by the Rules
For years, cryptocurrency startups have tried to replicate parts of the US stock market on the blockchain for use by digital-asset investors around the world, often without worrying too much about ...
Bitcoin’s Low(ish) Volatility Is Good News For Crypto
Despite volatile headlines and a murky regulatory environment, bitcoin remains a stable leader of the crypto sector ...
Crypto Now Braced For A $15.5 Trillion September Wall Street Earthquake After Shock Bitcoin, Ethereum, XRP And Crypto Price Crash
"Investors are eagerly awaiting the SEC’s verdict on the Grayscale ETF and Blackrock applications in September. Anticipations are that decisions on both applications ...
Japan plans gathering with GCC finance chiefs for ties
Japan is making preparations for a meeting of foreign ministers from Japan and the Gulf Cooperation Council (GCC) member states in Saudi Arabia in ...
It’s So Easy to Fall for Fraud. Don’t Let Romance Scams or Crypto Crooks Ruin Your Retirement
These stats are from the annual Elder Fraud Report recently released by the bureau's Internet Crime Complaint Center. "Only" is in quotation marks because, well, it's like "minor" surgery. It's not so ...
As Rates Rise, Japan Is Wary About Silicon Valley Bank Sequel
Unrealized losses on bonds could hit regional Japanese banks, though they are less worried about depositor flight.
Japanese Yen Outlook: USD/JPY, GBP/JPY Remain Focused Higher as Resistance Breaks
The Japanese Yen continues to see little love from traders, with USD/JPY and GBP/JPY achieving notable upside breakouts last week. What are key levels to watch in the week ahead?
The acronym crypto really needs is DPS: Drama Per Second
While many of the crypto world’s letter jumbles are silly, and can even serve as way to divert from more substantive metrics, there is one acronym that will always be useful: DPS. Coined by Emin Gun Sirer, a founder of the Avalanche blockchain, its stands for “Drama Per Second.”
The Largest Single Crypto Liquidation Event In 2023 Just Happened — What Does This Mean For Your Crypto Stocks?
A sudden crypto liquidation has shaken the market. What triggered this unparalleled event, and what does it mean for your portfolio? The answers may be less dramatic than you thought.
The shocking costs of Bitcoin mining
In a recent study by CoinGecko, the costs associated with Bitcoin mining at the household level were analyzed, revealing significant disparities across different regions. The study shows that Europe ...
Live news: SoftBank buys back Vision Fund’s 25% stake in chip designer Arm ahead of planned IPO
The deal will give the Japanese conglomerate full control of Arm and set what it hopes will be a floor for its planned initial public offering. According to people familiar with the transaction, ...
Arm IPO documents reportedly show annual revenue dip
British chip design firm Arm, which is owned by Japanese tech conglomerate SoftBank (OTCPK:SFTBY) and is slated to go public later this year, reportedly had an annual revenue dip in its most recent ...
Bitcoin price on the skids as investors pull $1 billion from crypto
The price of bitcoin has dropped nearly 9% since early Thursday as part of a broader sell-off of risky assets. A report that Elon Musk’s Space X had dumped the cryptocurrency stoked investors’ fears.