Japanese inflation hit a four-decade high last month, government data showed Friday, fuelled by high energy costs and a weak yen and ramping up pressure on the central bank to move away from its ultra ...
Japan’s overall consumer inflation ruses 3.7% in October
TOKYO — Japan’s overall consumer inflation rose 3.7% from a year earlier in October, exceeding the Bank of Japan’s 2% target for the seventh consecutive months, government data showed Friday. The pace ...
Japan’s inflation hits 40-year high as Bank of Japan sticks to easy policy
Japan's core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank shrugs off as it sticks to a policy of ultra-low ...
Japan’s Nikkei posts first weekly drop in four as growth shares drag
TOKYO, Nov 18 (Reuters) - Japan’s Nikkei share average closed lower on Friday ... The U.S. S&P 500 fell overnight as St. Louis Federal Reserve Bank President James Bullard said more interest rate ...
Fiat Currencies Around The World Face The Same Fate As The FTX Fiasco
Just like we saw FTX blow up, I think we’re gonna see Japan and then the U.K. and then the ECB all blow up kind of the same. While FTX might have been a black eye for bitcoin now, when those blow up, ...
Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks
Multicoin Capital, one of the top crypto venture firms, told investors in a letter on Thursday that FTX's collapse will cause additional failures. "Many trading firms will be wiped out and shut down," ...
Fintechs Still Pushing Crypto But Distancing Themselves From FTX
Digital finance companies are trying to reassure customers about their cryptocurrency offerings after the implosion of crypto exchange FTX. Revolut Ltd., a finance app based in London, told users this ...
Is This the End Game for Crypto?
What’s the point of reinventing banks, only worse?
Japan’s Nikkei edges up on auto, chip stock gains; growth shares drag
TOKYO, Nov 18 (Reuters) - Japan’s Nikkei share average rose marginally on Friday, supported by gains in automakers amid a weaker yen and a rebound in chip stocks from steep losses in the previous ...
With FTX’s Collapse, Cycle of Cryptocurrency Loss Continues
After the collapse of the FTX cryptocurrency exchange, I received a small post card from Japan (see 'Unauthorized Transactions' Lead to Missing Funds at FTX). The sender was Mt. Gox. Here's how I ...
Missing Money, Crypto Houses, and Emoji Payments: Here’s the Most Batshit Revelations From FTX’s Latest Bankruptcy Filing
For a company that was once considered to be the rising star (and potential savior) of the crypto industry, FTX apparently ran itself like a ship of drunken sailors, foregoing common and established ...
Crypto Investors Shun Tether For USD Coin During Periods Of Market Turmoil
The collapse of a $32 billion crypto exchange placed a spotlight on stablecoins, the $145 billion lubricant greasing the entire digital-asset industry. During times of uncertainty, stablecoins ...
Japanese asset management platform Syla Technologies files for $17M US IPO
Japanese asset management platform Syla Technologies (SYT ... For the six-month period ended June 30, Syla posted net income of $1M on revenue of $65M. For more IPO news, check out SA's IPO News page.
BOJ Kuroda vows to keep easy policy in wake of strong inflation data
"Uncertainty regarding Japan's economy is extremely high ... But Britain’s action looks muddled. U.S. Marketscategory U.S. IPO price pops prompt fraud and 'pig butchering' warnings, article with image ...
Japan Inflation Hits Four-Decade High, Weighing on BOJ Position
(Bloomberg) -- Japan’s inflation hit its fastest clip in 40 years in October, an outcome that puts the central bank in an even more awkward position as it tries to explain the need to stick with ...
Bank of Japan Governor Kuroda: Japan’s economy is picking up, expects CPI gains to shrink next year
The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to ...