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Tag: banking

Posted on 09/06/2022

Roundup: Japan’s Nikkei ends sightly higher on weak yen, chip issues weigh

Japan's benchmark Nikkei stock index closed slightly higher Thursday in choppy trade as exporters gained on the yen's weakness, but chip-making equipment issues weighed and profit-taking capped gains. ( read original story ...)

Posted on 09/06/2022

Crypto investments will be a ‘big zero’ in the end, says value investor Mohnish Pabrai

Cryptocurrencies have massively sold off this year. While some on Wall Street see a rebound, Buffett disciple Mohnish Pabrai is a lot more bearish on the digital asset. ( read original story ...)

Posted on 09/06/2022

Serious Warning Issued Over Major Bitcoin And Crypto Exchange Binance And Its Ethereum Rival BNB After SEC Bombshell Hits Its Price

One bitcoin and crypto exchange expert has warned over "potential conflicts of interest and market fairness issues" at ... ( read original story ...)

Posted on 09/06/2022

‘There are fortunes made in crypto’: Why Jim Cramer recommends buying bitcoin or ethereum—with one caveat

Cramer initially bought it in order to bid on an NFT, or non-fungible token, at a charity event. "They wouldn't let me do dollars," he says. "I had to buy it in ethereum, so I res ... ( read original story ...)

Posted on 09/06/2022

Proposed bipartisan US crypto bill could be ‘sigh of relief’ for the industry

"The bill matters as it is a step in the right direction for legislation and definition of 'crypto,' what a 'crypto asset' is and what regulation will look like," said Nick Donarski, CTO of ORE System ... ( read original story ...)

Posted on 09/06/2022

Asian shares fall as oil lingers above $120, yen sinks

Shares were mostly lower in Asia on Thursday as investors watched for fresh signs of inflation and crude oil prices hovered above $122 a barrel, adding to price pressures. Benchmarks declined across ... ( read original story ...)

Posted on 09/06/2022

Japan’s Nikkei subdued as chip weakness offsets SoftBank, automaker gains

Japan's Nikkei index gave up early gains to trade little changed on Thursday, as the drag from shippers and chip-related shares offset rises in energy stocks and automakers. The Nikkei share average ... ( read original story ...)

Posted on 09/06/2022

Japan to ask households, companies to save energy this summer

The Japanese government said on Tuesday it will ask households and companies to save as much electricity as possible during the peak summer demand season to alleviate a possible power crunch. ( read original story ...)

Posted on 09/06/2022

6 of crypto’s loudest opponents that you should know about, from Dogecoin’s co-creator to a star of ‘The OC’

Some financial leaders, lawmakers, and actors have raised their eyebrows at crypto, pushing back against Elon Musk and others' rallying cries. ( read original story ...)

Posted on 09/06/2022

A real estate investor borrowed $33,000 in crypto-backed loans to buy a rental property. Here’s how it works.

Adam Masato took out two personal loans backed by bitcoin and USDC totaling $33,000 because it was faster than getting a traditional mortgage. ( read original story ...)

Posted on 09/06/2022

Climate finance group wants data to see ‘who’s part of the solution’

A global group of financial companies targeting net-zero greenhouse gas emissions by 2050 wants businesses to disclose more information about their plans for decarbonization, the coalition's co-chair, ... ( read original story ...)

Posted on 09/06/2022

Japan’s Big Boy Deep-Sea Turbine Will Harness the Power of Ocean Currents

Japan’s new 330-ton subsea power generation system can float in strong currents to generate renewable energy. The 100-kilowatt-class “Kairyu” system completed a 3 1/2-year-long demonstration ... ( read original story ...)

Posted on 09/06/2022

Two-thirds of crypto hedge funds will fail due to the massive sell-off that was sparked by Fed tightening, Mike Novogratz predicts

Mike Novogratz thinks most crypto hedge funds will fail as market turbulence sparked by the end of easy monetary policy continues. ( read original story ...)

Posted on 09/06/2022

Massive Breach in Popular Crypto Exchange Drains Retirement Accounts. Who’s to Blame?

But Gemini, a crypto exchange and custodian founded by Cameron and Tyler Winklevoss, faced an additional setback in February in the form of a $36 million breach — and now the company is being sued ... ( read original story ...)

Posted on 09/06/2022

The Biggest Opportunity in the Crypto Crash

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Let me level with you. I haven’t written about cryptocurrencies in these ... ( read original story ...)

Posted on 09/06/2022

Crypto poses a threat to the safety of global payment systems, fintech boss warns

Cryptocurrencies are a "threat to the safety of our payment schemes," Anne Boden, CEO of U.K. digital bank Starling, warned Tuesday. ( read original story ...)

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