Japan's benchmark Nikkei average closed down 0.03 percent at 28,948.73 on Friday, while the broader Topix shed 0.14 percent at 1,953.96. TOKYO, June 11 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Japanese bank risk appetite rises late
If anyone knows how to deploy excess deposits, it should be Japanese banks, who have wrestled for decades with cash hoards and ultra-low rates. Mitsubishi UFJ Financial (8306.T) is now planning a $9 ... ( read original story ...)
Parallel, Japan’s answer to Discord, secures $11M series B for global expansion
Parallel Tokyo-based Parallel, the Japanese startup behind a voice chat app under the same name, announced today that it has secured 1.2 billion yen (about $11 million US) in a ... ( read original story ...)
Japanese shares edge down as tech stocks weigh
Japanese shares inched down in seesaw trading on Friday as technology stocks pulled back from early gains, with investors remaining cautious about the pace of domestic economic recovery. TOKYO, June ... ( read original story ...)
Japan’s Finance Ministry Ignores Climate Risk, Ex-Official Says
Japan’s most powerful government ministry doesn’t have one of the world’s biggest problems on its radar screen, according to a former top official at the ministry. ( read original story ...)
Japan Finance Minister Aso says won’t comment on Toshiba report
Japanese Finance Minister Taro Aso declined to comment on an independent probe concluding that the trade ministry had colluded with Toshiba ... ( read original story ...)
Several crypto influencers claim to test positive for Covid-19 following the massive bitcoin conference in Miami
Over 12,000 people went to the Bitcoin 2021 Conference in Miami last weekend. Photos from the event show packed nightclubs and no one wearing masks. ( read original story ...)
Bitcoin and crypto go mainstream with new 401(k) retirement offering
ForUsAll Inc., a 401(k) provider, will let workers in retirement plans it administers to invest up to 5% of their contributions in the leading cryptocurrencies. ( read original story ...)
Didi IPO prospectus sets stage for $65bn-plus listing
Didi Chuxing, the Chinese ride-hailing company, unveiled filings for a public share offering in the US, setting out the financial damage the pandemic did to its business last year and the strength of ... ( read original story ...)
Chinese ride-hailing giant Didi files for mega IPO in US
Didi Chuxing, China's largest ride-hailing company, filed Thursday to go public in the U.S. in what is expected to be one of the year's largest initial public offerings in tech. Didi, which filed ... ( read original story ...)
Crypto exchange Kraken rethinks IPO plans after Coinbase stock listing
Kraken CEO Jesse Powell says he's reconsidering how the cryptocurrency exchange will go public in light of Coinbase's choppy direct listing. ( read original story ...)
Ledger raises $380 million for its crypto hardware wallet
French startup Ledger has raised a $380 million Series C funding round led by 10T Holdings. Following today’s funding round, the company has reached a valuation of $1.5 billion. Other investors in the ... ( read original story ...)
JPMorgan says there’s weak bitcoin demand from big investors and a crypto bear market could be on the way
A bitcoin bear market could be on the way as the demand from big investors to support the cryptocurrency — a key narrative of the bulls — is just not there, according to JPMorgan analyst Nikolaos ... ( read original story ...)
Bitcoin Ruling Roils Crypto World Seeking Regulatory Clarity
International banking regulators’ decision to classify Bitcoin as the riskiest of assets dragged cryptocurrencies further into the mainstream financial world. ( read original story ...)
Biggest Renewable-Powered Crypto Mining Data Center Planned for Texas
Manhattan Solar Partners, LLC has announced plans to construct the biggest renewable-powered cryptocurrency mining data center in the USA. ( read original story ...)
Millennial millionaires have a large share of their wealth in crypto, CNBC survey says
Millionaire millennials have a large share of their wealth in cryptocurrency, according to a new financial survey. Nearly half of millennial millionaires, 47 per cent, have at least a quarter of their ... ( read original story ...)