SoftBank-backed DCG has started to offload its holdings in several investment vehicles run by its subsidiary Grayscale, according to US securities filings seen by the Financial Times. The move to sell down the assets underscores the financial difficulties at DCG as it tries to raise funds to support its collapsed lending units under crypto broker ...
Japan’s Nikkei rises on yen weakness; bank shares gain
Japan's Nikkei index edged up on Tuesday as sentiment was buoyed after the yen weakened, while banking shares led gains on expectations that the Bank of Japan (BOJ) may be on track to normalize its ...
Japan buys record 5.6 bil. yen in covert October intervention
Japan's Finance Ministry says the government and the central bank conducted a record single-day yen-buying against the dollar in October. The aim was to stop the sharpest drop in the value of the ...
A glance at the world’s deadliest earthquakes since 2000
June 22, 2022: In Afghanistan, more than 1,100 people die in magnitude 6.1 earthquake. Aug. 14, 2021: In Haiti, a magnitude 7.2 earthquake kills more than 2,200 people. Sept. 28, 2018: A magnitude 7.5 earthquake hits Indonesia, ( read original story ...)
Countries send rescue teams, aid to Turkey and Syria after devastating earthquake
About 100 Los Angeles County firefighters and structural engineers were en route to Turkey with trained dogs to help with rescue, part of a huge international response. ( read original story ...)
First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan’s SBI Building a Metamask Competitor for Yen-Denominated NFT Trading
Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments.
Japan confirms record interventions to support yen
Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48 billion) to support the yen currency, Ministry ...
Binance acquires majority stake in Korean crypto exchange GOPAX
Binance, the world largest cyrpto exchange, has acquired a majority stake in GOPAX, a South Korea-based crypto trading platform.
Here’s what you need to know if you want a job in crypto
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Japan Government to Present BOJ Governor, Deputy Candidates Next Week – Sources
The government initially planned to present the nominees around Feb. 10, but the schedule has been delayed, the sources said on condition of anonymity due to the sensitivity of the matter. BOJ ...
Japan conducted “stealth” currency interventions twice in October
Japan carried out "stealth" foreign exchange interventions twice in October with a record 5.62 trillion yen ($42 billion) spent on one of the days to stem the yen's rapid fall against the U.S. dollar, ...
Japan Stepped Into Forex Market Twice in October to Prop Up Yen
Japan stepped into the foreign exchange market three times in total last year, according to a fuller picture of the government’s latest intervention strategy to counter the yen’s historic fall.
Japan Dec Real Wages Post First Rise in 9 Months on 26-Year-High Nominal Growth
Japan's real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years with robust winter bonuses. The market closely ... ( read original story ...)
Crypto exchange Binance will suspend U.S. dollar transfers
Binance will suspend U.S. dollar withdrawals and deposits for international customers beginning Feb. 8, the company said. Last month, Binance banking partner Signature Bank raised transaction minimums ...
Winklevoss twins’ crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery
Gemini, the crypto exchange controlled by the Winklevoss twins, will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis.
Bank of Japan’s yield targeting suppresses speculation in JGB futures
The Bank of Japan's aggressive market operations to defend its policy band for yields has not only sapped liquidity in the government bond market but also drastically limited scope for speculation in ...