China's holdings of U.S Treasuries tumbled in April to their lowest since May 2010, data showed on Wednesday, with Chinese investors likely cutting losses as Treasury prices fell after Federal Reserve ... ( read original story ...)
Binance, Kraken, FTX Go on Hiring Spree as Rest of Crypto Crumbles
While the crypto market itself has dropped below $1 trillion in value, major exchanges and coins like terra and Celsius have faced substantial drops in both investor confidence and valuation. Celsius ... ( read original story ...)
Japan’s holdings of U.S. Treasuries slide to lowest in more than two years
Japan's holdings of U.S. Treasuries fell further in April to their lowest level since January 2020, data from the U.S. Treasury Department showed on Wednesday, amid a persistent decline in the yen's ... ( read original story ...)
Analysis: China feels slight unease in intimidating Japan with Russia
He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize. Since last year, China and Russia have ... ( read original story ...)
Bill Gates Has Harsh Words for NFTs, Crypto as Bitcoin Sells Off
Bitcoin continues to face pressure, but Bill Gates doesn't see any buying opportunities in cryptocurrencies or NFTs. President Joe Biden has some thoughts for Big Oil companies as Americans face $5 a ... ( read original story ...)
Global trend of monetary tightening puts pressure on Bank of Japan
Investors borrow from Japan with very low rates, invest in US bonds, lowering value of yen, expert says - Anadolu Agency ... ( read original story ...)
Japanese students’ arrival hints ESL sector recovery
The students from Nagoya, Japan are just the first of the many batches that will be coming to Cebu to learn English, an indication of the comeback of the ESL industry in Cebu, said Department of ... ( read original story ...)
Tokyo moves to allow same-sex partnerships, but not as legal marriage
The Tokyo metropolitan government on Wednesday adopted legislation recognizing same-sex partnerships — but falls short of approving same-sex unions as legal marriages. ( read original story ...)
Low-cost Japan-based airline will launch Tokyo-San Jose flights
A low-cost airline with a high-tech approach to air service plans to offer new jetliner flights between Tokyo and San Jose by the end of this year. ( read original story ...)
New Tokyo-Narita to San José flight on ZIPAIR
In a press conference held earlier today in Tokyo, Japanese low-cost carrier ZIPAIR announced plans to inaugurate new, nonstop service between Mineta San ... ( read original story ...)
416-unit apartment complex changes hands with Japanese funding
A 416-unit apartment complex in Elmsford, The View on Nob Hill, has been purchased by New York City-based MC Real Estate Partners LLC (MCRE) and Tokyo Trust Capital (TTC), which is based in Tokyo. The ... ( read original story ...)
Here’s why crypto experts are shrugging off the bitcoin crash
More concerning are the structural problems rendering it impossible for investors to withdraw their money from crypto exchanges. Binance, the world's biggest cryptocurrency exchan ... ( read original story ...)
How crypto lender Celsius stumbled on risky bank-like investments
Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the wholesale digital asset market in what analysts ... ( read original story ...)
Shorting crypto stocks has led to ‘substantial’ paper gains, but it’s getting harder to join in on the trend
The short selling of cryptocurrency-related stocks has yielded "substantial" mark-to-market profits this year, but those looking to get in on the action ... ( read original story ...)
Bitcoin plunges toward $20,000 as crypto meltdown continues
Charlie Morris, founder of digital asset management firm ByteTree, said $20,000 was close to the peak of bitcoin's last major bull run in 2017 and so "might prove to be a support ... ( read original story ...)
Matt Damon Mocked Anew for ‘Fortune Favors the Brave’ Crypto Ad as Virtual Currency Values Crash
Just a few short months ago, Matt Damon exhorted us to fearlessly buy into cryptocurrencies — in a slick CGI ad for Crypto.com hyping the tagline, “Fortune Favors the Brave.” Now, with ... ( read original story ...)