Japan's Nikkei share average fell on Wednesday from a near two-month high hit in the last session, led by heavyweight Nintendo after it posted poor earnings, while investors also awaited U.S. consumer ...
Osaka Pref. raises COVID alert levels as infection numbers pick up
The Osaka Prefectural Government raised its own alert levels for coronavirus infections in the prefecture on Nov. 8 to ... ( read original story ...)
Japan’s current account surplus falls the most since 2008
Japan's current account suffered the biggest year-on-year decline in the first half of this fiscal year since the 2008 global financial crisis, as the trade balance fell into deficit due to a ... ( read original story ...)
Crypto Poster Boy Sam Bankman-Fried’s Meltdown
Another financial disaster is roiling the crypto markets, this time at FTX, the massive cryptocurrency exchange run by Sam Bankman-Fried, who had positioned himself as the poster boy of responsible ...
Bitcoin briefly touches a new low for the year, FTX token plunges more than 75% in broad crypto sell-off
The cryptocurrency market slid after the two biggest crypto exchanges, Binance and FTX, came to a merger agreement to fix a "liquidity crunch." ...
Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day
The 30-year-old billionaire was forced to sell his crypto firm empire on Nov. 8 to a major rival due to a cash crisis.
Japan’s carbon emissions management platform expands into Singapore
Japanese ClimateTech startup Asuene announced on Monday that ... announced on Wednesday that its IPO application to list on the Tokyo Stock Exchange had been approved. The company will be listed on ...
Tokyo stocks open higher with eyes on US midterm election
Tokyo stocks opened higher today with investors encouraged to buy after rallies on Wall Street as the US midterm elections dominate attention. The ... ( read original story ...)
Institutional investors see Japan as a real estate darling but have turned cold on China’s property market
Both Japan and China have kept interest rates relatively low, despite US rate increases, weakening their currencies, although Japan is favoured over China by investors. ( read original story ...)
Bitcoin briefly drops to a new low for the year, FTX token loses more than 75% in broad crypto sell-off
The cryptocurrency market slid after the two biggest crypto exchanges, Binance and FTX, came to a merger agreement to fix the latest "liquidity crunch." ...
Crypto Crash Intensifies Amid Downfall Of Industry’s ‘White Knight’ Bankman-Fried
Bitcoin fell 11% Tuesday to just over $18,000, its lowest price since November 2020, as investors reacted to liquidity issues at the one-time stalwart exchange FTX.
Proposed tie-up sends shockwaves through crypto markets
In an unexpected twist, the cryptocurrency exchange Binance said it is buying its smaller rival FTX after the firm faced a liquidity crisis that rattled digital assets and sparked contagion fears.
Crypto’s Biggest Day Ever Is Far From Its Best
Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. In today’s edition, Emily Nicolle recaps an incredible day in crypto: ...
Ahead Of His Crypto Firm’s Cash Crunch, Billionaire Sam Bankman-Fried Spent Tens Of Millions On Politics
The crypto billionaire and two of his deputies poured nearly $69 million into the 2022 midterm elections. That money may have been better spent shoring up his cryptocurrency exchange, which is now ...
Crypto billionaire Sam Bankman-Fried’s net worth could shrink by over $13 billion
CEO of crypto exchange FTX Sam Bankman-Fried announced he will sell his company to rival crypto exchange Binance.
Sam Bankman-Fried was the face of crypto in D.C. What would FTX’s acquisition mean for regulation?
As lawmakers in D.C. have debated legislation to regulate the crypto industry, they have turned to Sam Bankman-Fried, the 30-year-old founder of FTX known for an unruly mop of hair and a willingness ...