The SEC and its counterparts – particularly one man Gary Gensler, have proved to the financial world that reality is indeed stranger than fiction. Since the start of the crypto winter, the United ...
Crypto is ‘radioactive waste’ for institutional investors until things get resolved, Shark Tank’s Kevin O’Leary says
Crypto is "radioactive waste" for institutional investors until the SEC crackdown on Binance and Coinbase is resolved, Shark Tank's Kevin O'Leary said.
Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the ...
Google Cloud says it will reimburse customers up to $1 million if they’re victims of a crypto-mining scam
The cloud computing arm of Google announced on Thursday that it will reimburse customers for up to $1 million in costs from the unauthorized use of their accounts for crypto mining.
Japan’s stock market is leaving others in the dust this year
Japanese stocks are leaving other major markets in the dust this year. Why it matters: This isn't just a markets story.
Japan’s stockmarket rally may disappoint investors
So far this year, foreign investors have bought ¥3.8trn ($27bn) more in Japanese stocks than they have sold, the most since 2013. Beneficiaries include Japan’s cheaply priced value stocks, such as the five sogo shosha (general trading companies) that Mr Buffet has bought stakes in.
5 things to know for June 7: Pence, Hazardous air, Virginia shooting, Ukraine, Crypto
Many Americans are living paycheck to paycheck with little to no savings to cushion the blow of a job loss, medical emergency, or an unexpected event. If you ever find yourself in this type of ...
Japan stocks lower at close of trade; Nikkei 225 down 0.85%
Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Machinery and Marine Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.85%.
IPO Update: Solowin Seeks IPO Despite Declining Revenue
Solowin Holdings has filed proposed terms to raise $15 million in a U.S. IPO. The firm provides securities brokerage and related services to Chinese investors. SWIN has produced declining revenue ...
Japan’s Nikkei falls for second day as tech rally loses steam; Eisai jumps
TOKYO, June 8 (Reuters) - Japan's Nikkei share gauge edged lower on Thursday after a steep selloff in the previous session, as tech shares pared recent gains and energy-related stocks climbed on ...
Chinese Investors Flock to Japan ETFs as Local Market Slumps
China’s mom-and-pop investors are rushing to buy Japanese equity products as the stock market at home shows little sign of a revival.
Japan’s GDP revised sharply higher, grew 2.7% in the first quarter on robust spending
Economists surveyed by Reuters had expected to see growth of 1.9%. The Japanese yen strengthened by 0.14% to 139.98 against the U.S. dollar shortly after the release, while the Nikkei 225 rose 0.17% ...
South Korea plans to discuss bilateral FX swap with Japan, Finance Minister says
South Korea will discuss with Japan re-establishment of their bilateral foreign exchange swap line that expired in 2015, its finance minister said on Thursday. "Current economic issues, including ...
Japan upgrades Q1 GDP as business spending picks up
Japan's economy grew more than initially thought in January-March, revised data showed on Thursday, as a post-pandemic pickup in domestic spending and company restocking helped offset the hit to ...
Crypto: 24-hour cooling-off period included in ad overhaul
Crypto companies must offer customers a 24-hour "cooling-off period" in sweeping changes to how the digital assets can be marketed in the UK. New investors will have to wait a full day before they can ...
Crypto crackdown: UK follows US lead with new rules and regulations
As part of a package of measures designed to ensure those who buy crypto understand the risk, ‘refer a friend’ bonuses will also be banned.