A big-brain thread came from Stephen Palley last week. Crypto often gets shilled as the best thing since sliced bread, but is “code is law” really much better than the law we already have? Stephen’s ...
Japan’s Nikkei closes at one-month high; JFE slides
Japanese stocks closed at their highest levels in a month on Tuesday, even as profit-taking emerged as the Nikkei index rose afresh above the key 33,000 mark and speculation about new share sales also ...
Japan bond yields stifled by BOJ’s heavy hand as investors hold out
The Japanese government bond market has frozen over, as investors hold out for higher yields while an overbearing Bank of Japan bond-buying programme drains supply. More than a month after the Bank of ...
Japan’s FY 2024 budget requests hit record 114.39 tril. yen
Budget requests by Japanese ministries and agencies for fiscal 2024 totaled a record 114.39 trillion yen ($779 billion), after higher ...
Japan’s budget requests for fiscal ’24 hit record ¥114.39T
Budget requests by Japanese ministries and agencies for fiscal 2024, which starts in April, total a record ¥114.39 trillion, after higher bond yields pushed up debt-servicing costs on top of increased ...
UPDATE 2-Japan’s ministries seek record $778 bln budget for FY2024/25
TOKYO, Sept 5 (Reuters) - Japan’s government ministries have requested a record 114.3 trillion yen ($778.40 billion) for next fiscal year’s budget, the finance ministry said on Tuesday, with rising ...
Stock market today: Asian shares fall back amid selling of China property shares
Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed. Hong Kong fell nearly 2% as Chinese property stocks ... ( read original story ...)
Cryptoverse: Venture capital still haunted by crypto chaos
Crypto investors remain haunted by the chaos that descended on the sector last year when the implosion of the FTX exchange and other major firms, including hedge fund Three Arrows Capital, sent ...
Kotani gets $2M pre-seed to help African workers send money home via crypto — without the internet
Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments startup ...
Crypto Casino Stake.com Allegedly Hit By $40M Security Breach — Here’s What Happened
Stake.com, an online casino and sportsbook founded in 2017 by Bijan Tehrani and Ed Craven, has recently become the target of an alleged security breach, purportedly resulting in a loss of around $40 ...
Japan Services PMI unchanged at 54.3 in August
The au Jibun Bank Japan Services PMI stood at 54.3 in August 2023, unchanged from a preliminary reading, and after a final 53.8 in July.It was the 12th consecutive month of growth ...
Japan’s Osaka prefecture to postpone casino project opening – Kyodo
Japan's Osaka prefecture will postpone the opening of a casino project to around autumn 2030 from autumn-winter of 2029, Kyodo news agency reported. ( read original story ...)
Tokyo stocks extend winning streak to 7th day, Topix at 33-year high
Tokyo stocks ended slightly higher Tuesday to extend the market's winning streak to seven days, with the Topix index rising to a fres ... ( read original story ...)
VOX POPULI: Latest ruling against Okinawa yet more proof of Tokyo’s coldness
In August 1996, then-Okinawa Governor Masahide Ota (1925-2017) read out a statement he had written at a Supreme Court session. ( read original story ...)
Japanese shares retreat from highs as traders lock in profits; JFE slides
TOKYO, Sept 5 (Reuters) - Japanese stocks retreated after reaching fresh highs on Tuesday, as the breaching of key levels spurred traders to lock in profits, while speculation about new share sales ...
Tokyo stocks fall in morning as gains locked in after 6-day rally
Tokyo stocks were slightly lower Tuesday morning as investors locked in gains after a six-day rally and amid a lack of fresh trading ... ( read original story ...)