Tag: banking

The Japanese Yen soared as the Dow Jones cratered on Wall Street as the bear market rally unwound. More pain may be ahead in Asia, leaving the ASX 200 and Nikkei 225 at risk. ( read original story ...)

More than 60% of Japanese companies want the central bank to end its policy of massive monetary easing this fiscal year due to pain from the weak yen, with roughly a quarter calling for it to take ... ( read original story ...)

Major indexes on Wall Street declined more than 3.5% overnight, with the Dow Jones Industrial Average closing at its lowest since March 2021. ( read original story ...)

Japan's exports rose 12.5% in April from a year earlier, posting a 14th straight month of increase, Ministry of Finance data showed on Thursday. TOKYO, May 19 (Reuters) - Japan's exports rose 12.5% in ... ( read original story ...)

Now all the losers—the ones like me and my parents (sorry, Mom)—are standing on the shore with our binoculars, wondering if the USS Crypto is about to sink into the sea. This month’s crash occurred, ... ( read original story ...)

Galaxy Digital Holdings’ Mike Novogratz assured investors that “crypto is not going away,” even as inflation, rising interest rates and a massive selloff have rattled the markets for digital assets. ( read original story ...)

Critics see a cynical ploy to boost the crypto industry, but Gabe Bankman-Fried says time will show they are really focused on preventing pandemics. ( read original story ...)

Cryptocurrency prices were falling on Wednesday as tumbling retail stocks and inflation fears battered Wall Street. Bitcoin was down about 4% to $28,998, and down nearly 60% from its Nov. 10 high of ... ( read original story ...)

"It was a big idea that failed," the Galaxy Digital founder and CEO said in a letter to investors about Terra, which crashed last week. ( read original story ...)

The volatile, charismatic founder created a $60-billion empire by calling people “poor.” It all came crashing down in a couple days. ( read original story ...)

Enormous energy consumption has barely reduced despite $1tn being wiped off the sector ... ( read original story ...)

After the Japanese government accidentally gave a 24-year-old man his entire town's COVID relief funds, the man says he gambled it away online. ( read original story ...)

A man in western Japan, who received 46.3 million yen ($359,000) in COVID-19 relief money from his town by mistake before gamblin ... ( read original story ...)

Beijing has criticised Japan's recent comments on Taiwan and warned it not to join forces with the United States to confront China. Foreign Minister Wang Yi made the comments in a call with his ... ( read original story ...)

BuzzFeed News Reporter Christine Quinn, the breakout star of Netflix's Selling Sunset reality show. If there is one undeniable and universally accepted truth in the year 2022, it's that celebrities ... ( read original story ...)

The former Fed chair also said crypto was inherently volatile and lacked stability to use as a payment method. "If Bitcoin were a substitute for fiat money, you could use Bitcoin ... ( read original story ...)