Shoei Kisen is taking advantage of a Japanese government-backed overseas infrastructure development scheme to finance two 24,000-teu container ship newbuildings. The funding is being sourced from the ... ( read original story ...)
Crypto Crash: A First Big Domino Falls. Who’s Next?
Hedge fund Three Arrows Capital (3AC), which bet big on failing crypto Luna and UST, has just fallen into liquidation. ( read original story ...)
Japan stocks drop as lacklustre production data dents sentiment
Japanese stocks lost nearly 1% on Thursday, after data showed that monthly industrial production fell the most in two years and the yen hit a 24-year low overnight, stoking fears of an economic ... ( read original story ...)
Crypto Crash Exposes Robinhood and Coinbase To Predators
On June 29, 2021, Coinbase Global - Get Coinbase Global Inc Report and Voyager Digital - Get Voyager Digital Ltd Report both had thei ... ( read original story ...)
YTD 2022 saw dramatic slowdown in global IPO activity from a record year in 2021
IPO momentum continued to slow from Q1 into Q2, resulting in a considerable decline in both deal numbers and proceeds. Heightened ... ( read original story ...)
Asia-Pacific markets set to open lower; China PMI data ahead
Shares in the Asia Pacific look set to open lower as investors await data from China. Japan is set to report its preliminary industrial production data on Thursday. In corporate news, Toyota Motor ... ( read original story ...)
Crypto crisis: how digital currencies went from boom to collapse
Savers talk of devastating losses as assets such as bitcoin and ‘stablecoins’ like terra fell sharply ... ( read original story ...)
Crypto Loves Its Shadow Banks
Now, just as crypto disrupted the concept of value, decentralized finance is poised to disrupt finance itself. The populist movement promises huge returns for daring investors. But with DeFi’s promise ... ( read original story ...)
Crypto hedge fund Three Arrows falls into liquidation
Crypto hedge fund Three Arrows Capital has fallen into liquidation, becoming the latest high-profile victim of the credit crisis sweeping through the digital asset market. Teneo was appointed this ... ( read original story ...)
The Young Billionaire Who Wants to Save Crypto From Chaos
Since the cryptocurrency crash, embattled firms have turned to one name to avoid their collapse: Sam Bankman-Fried. ( read original story ...)
Crypto billionaire Sam Bankman-Fried says more exchanges will fail as the industry faces a brutal downturn
Crypto exchange FTX has lent money to floundering players in the industry, but its CEO says that many others lack a "business left to be saved." ... ( read original story ...)
Three Arrows Capital to become latest casualty of crypto crash
Crypto hedge fund facing collapse after claims of $650m default on loan to Voyager bank ... ( read original story ...)
I used Coinbase and FTX to buy and trade crypto— here’s how 2 of the largest exchanges stack up for beginners
Coinbase offers five times as many virtual coins, including big ones like Polkadot that FTX's US arm doesn't have. It's also more beginner-friendly. ( read original story ...)
Three Arrows Capital falls into liquidation after crypto crash
A court in the British Virgin Islands ordered the crypto-focused firm into liquidation following a failure to repay its creditors as the value of bitcoin and other cryptocurrencies have nosedived. ( read original story ...)
Sam Bankman-Fried, the Young Billionaire Who Wants to Save Crypto
Since the cryptocurrency crash, embattled firms have turned to one name to avoid their collapse: Sam Bankman-Fried. ( read original story ...)
Crypto Warning From Within: Billionaire Says More Bad News Ahead
The crypto market has lost more than $2.1 trillion since its November high, according to data from the firm CoinGecko. Bitcoin, the most p ... ( read original story ...)