Add a busted tech platform to the list of the company's sins FTX's Japanese outpost has teased good news for investors in the collapsed and disgraced trading platform – then dashed their hopes.… The ...
Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX's implosion has ...
Legal advisers wade into crypto contagion
Lawyers are grappling with fallout from the collapse of FTX and its domino effects in the cryptocurrency sector ...
Tokyo stocks end up on weak yen as US rate hike fear persists
Tokyo stocks closed higher Tuesday as the weakening yen against the U.S. dollar helped lift exporter issues despite concerns about a ... ( read original story ...)
Tokyo stocks edge up on weak yen, U.S. monetary tightening fears
Tokyo stocks were slightly higher Tuesday morning as buying of exporter issues on a weaker yen helped offset concerns about a negative fallout from prolonged U.S. monetary tightening. The 225-issue ... ( read original story ...)
Citizens groups petition Tokyo gov’t to secure lodgings for the needy over holiday season
Citizens groups have filed an urgent petition with the Tokyo Metropolitan Government calling for it to secure lodgings for those in need to s ... ( read original story ...)
Tokyo stocks edge up on weak yen, US monetary tightening fears
Tokyo stocks were slightly higher Tuesday morning as buying of exporter issues on a weaker yen helped offset concerns about a negativ ... ( read original story ...)
Japan’s economy will probably enter a recession in 2023, economist says
Marcel Thieliant of Capital Economics says the recession will be mostly driven by a drop in exports, and it would be “very brave” to tighten monetary policy under such conditions. ( read original story ...)
Russia deploys defence missile system on Kuril island near Japan
Russia's defence ministry has said it has deployed mobile coastal defence missile systems on a northern Kuril island - part of a strategically located chain of islands that stretch between Japan and the Russian Kamchatka Peninsula. ( read original story ...)
KuCoin Hires Auditor To Deliver Report On Exchange’s Reserves: Which Crypto Holdings Will Be Analyzed?
Major cryptocurrency exchange KuCoin has hired auditor Mazars to confirm its proof of reserves in a third-party factual findings report, days after rival exchange Binance did the same. According to a ...
Japanese stocks inch higher as chip makers, exporters gain
Japanese shares inched higher on Tuesday, underpinned by gains in chip-related stocks and as exporters advanced after the yen weakened against the dollar overnight. The Nikkei share average rose 0.29% ...
Bank of Japan seen to ditch yield cap next year as inflation perks up
TOKYO - The Bank of Japan (BOJ) may abandon its 10-year bond yield cap as early as next year on growing prospects that inflation and wages will overshoot expectations, said Takeo Hoshi, an academic ...
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Unless you have been underwater for over a year, you probably know that selling risk assets like U.S. stocks and bitcoin (BTC) and buying the ...
Warren Buffett-Backed BYD To Sell EVs In Japan By Early 2023
After announcing its Mexico foray, Warren Buffett-backed BYD Co.‘s (OTC:BYDDF) Japanese division said it would start selling its first battery electric vehicles in the country early next year. What ...
2022: The Year That Bitcoin Came Of Age And Fiat Showed Its Ugly Side; The Case For A Monetary Escape Hatch
If you’ve been ambivalent on bitcoin until now, then 2022 might just be the year that persuades you of its merits - and that’s despite the onset of crypto winter, and headline-grabbing price declines ...
First Mover Asia: Bitcoin Hovers Near $17.3K, but Does It Have Staying Power?
Headlines Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain: Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout ...