JPMorgan chief executive Jamie Dimon has warned investors need to brace themselves for an economic "hurricane"—predicting market volatility as the Fed implements its policy of "quantitative ... ( read original story ...)
TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins, crypto exec says
TerraUSD is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it collapsed and sent shockwaves through the crypto market. ( read original story ...)
Cryptocurrency market crash reason: Why crypto is falling today
Why is crypto falling today? This is one of the big questions on the minds of crypto investors and traders, especially after a number of top cryptos recorded some gains this week ... ( read original story ...)
Japan’s Nikkei edges back from 6-week high as Astellas, Sony drag
Winners and losers were closely balanced, with 113 of the index's 225 component stocks falling versus 108 that rose and four that were flat. ( read original story ...)
Japan shares lower at close of trade; Nikkei 225 down 0.16%
Investing.com – Japan equities were lower at the close on Thursday, as losses in the Mining, Power and Precision Instruments sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 fell ... ( read original story ...)
Tokyo Shares End Up After Surges On Wall Street
Tokyo stocks closed higher on Monday, extending gains on Wall Street, with investors shifting their focus to global economic indicators due this week. ( read original story ...)
2,335 new COVID cases recorded in Tokyo on June 2
The Japanese capital reported another 2,335 coronavirus infections on June 2 after registering 2,415 cases the day before, the Tokyo Metropol ... ( read original story ...)
Tadashi Yanai, the billionaire founder of Uniqlo and the richest person in Japan, has seen his net worth crash by 44% so far this year
Slumping sales in Japan and China, a weakening yen, and a spike in the costs of raw materials are among the reasons why Yanai's net worth has crashed. ( read original story ...)
Japan Tax Official Arrested Over Covid-19 Aid Fraud
A Japanese tax official was arrested over his alleged involvement in a fraud ring that recruited 200 people to steal $1.5 million of Covid-19 aid, media and police said Thursday. ( read original story ...)
Japan to reactivate first Fukushima-type reactor after 2011 atomic disaster
The regional government in the western Shimane prefecture of Japan Thursday said it had approved a plan to reactivate one of its Fukushima-type nuclear reactors lying idle for a decade. Governor ... ( read original story ...)
Japan’s Toshiba receives eight proposals to go private
Toshiba Corp, the troubled Japanese conglomerate exploring strategic options, said it has received eight initial proposals to take it private as well as two proposals for capital alliances that would ... ( read original story ...)
Crypto Crash Latest Update (6/1): Top cryptocurrency prices fall again; Bitcoin, Solana, Ethereum, XRP bleed
After rising to $1.31 this week, the volatile global crypto market cap once again crashed to $1.23 trillion over the last day ... ( read original story ...)
Crypto Market Daily Highlights – June 1 – Investors Hit with US Stats
It was a bearish start to the month for the crypto market, with the top ten cryptos seeing heavy losses. A pickup in US manufacturing sector activity led investors to bet on a more aggressive Fed ... ( read original story ...)
VC funding for crypto projects fell in May, but many investors remain bullish
In 2022, capital is being deployed into crypto at a less noteworthy pace month over month, but in the grand scheme of things, levels are significantly higher than last year, showing that the space has ... ( read original story ...)
Japan price pressures mount as firms ditch ‘deflation’ model, says BOJ official
Japan may see inflationary pressure build as more companies shift away from a business model that worked under a prolonged period of deflation, Bank of Japan board member Seiji Adachi said on Thursday ... ( read original story ...)
China-Japan ties at a crucial crossroads; Tokyo’s handling of Taiwan question serious obstacle to bilateral relations: Chinese envoy
Photo: Wechat account of Chinese Embassy in Japan. Chinese Ambassador to Japan Kong Xuanyou said on Wednesday that the relations between China and Japan are at a crucial crossroad ... ( read original story ...)