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Tag: banking

Posted on 21/06/2024

European powers step up air, sea drills in Japan’s backyard — and China’s

TOKYO -- European countries are sending more air and sea forces to Asia for defense exercises with Japan, bringing them closer to what remains a distant security challenge: China. A destroyer from ...

Posted on 21/06/2024

Car owned by Japan Finance Ministry involved in suspected hit-and-run death

A car owned by the Finance Ministry fatally hit a pedestrian on a road near the Diet building in Tokyo on Thursday before overturning ...

Posted on 21/06/2024

Car owned by Japan Finance Ministry involved in suspected hit-and-run death

A car owned by the Finance Ministry fatally hit a pedestrian on a road near the Diet building in Tokyo on Thursday before overturning ...

Posted on 21/06/2024

URGENT: Japan to take appropriate step on forex volatility: currency diplomat

Japan's top currency diplomat Masato Kanda said Friday that the Finance Ministry will take an "appropriate step" to address excessive movements of the yen. The comment by Kanda, vice finance minister ...

Posted on 21/06/2024

South Korea, Japan to hold bilateral finance ministers meeting on June 25

The finance ministers of South Korea and Japan will hold a bilateral meeting in Seoul on June 25, South Korea's finance ministry said on Friday. The bilateral meeting takes place two months after Choi ...

Posted on 21/06/2024

Yen’s six-day slump highlights risk of Japan intervention

They now see the dollar-yen pair trading around 160 through the end of the year. This April and May, Japan’s Ministry of Finance ultimately spent some US$62.7 billion supporting the yen in moves that ...

Posted on 21/06/2024

FTT surges 10% as bitFlyer exchange closes in on FTX Japan acquisition

A local source revealed that Japan’s leading crypto exchange, bitFlyer, is negotiating to buy all shares of FTX’s Japanese subsidiary. Japan’s NHK news confirmed that the FTX firm is making ...

Posted on 21/06/2024

Japanese exchange BitFlyer to acquire FTX Japan

Following the acquisition, FTX Japan's core business is reportedly planned to shift to crypto asset management or custody, targeting institutional investors. FTX Japan is one of multiple firms ...

Posted on 21/06/2024

Crypto ‘Secondaries’ Prices Jump as Expectations of IPOs Climb

Crypto funds and private investors have been snapping up shares of private digital-asset companies in anticipation that some of them could be going public in the coming months.Equity in companies such ...

Posted on 21/06/2024

Three Japanese Stocks Estimated To Be Undervalued On The Tokyo Exchange In June 2024

Japan's stock markets exhibit a mixed performance, with the Nikkei 225 slightly up and the broader TOPIX Index experiencing a minor decline. This divergence underscores an environment where selective ...

Posted on 21/06/2024

APAC crypto crime spikes amid legal resource shortages: Chainalysis report

The APAC region faces a surge in crypto crime due to a shortage of legal resources and training, according to a 2024 report.

Posted on 21/06/2024

Shock Trump Crypto Leaks Spark 300% Price Crash After Bitcoin-Backing

After wild speculation this week that the Trump campaign could be behind a viral new cryptocurrency, a series of leaks have torpedoed the claims—crashing the price of the bitcoin

Posted on 21/06/2024

Montenegro Premier Personally Invested in Kwon’s Crypto Holdings

Montenegro’s Prime Minister Milojko Spajic personally invested in Terraform Labs Pte cryptocurrency holdings years before the company collapsed, US court filings showed.

Posted on 21/06/2024

Webtoon files for IPO—and reveals new information about how much creators get paid

LY Corporation, a Japanese internet company, holds a 28.7% share. Naver will remain firmly in control following the Webtoon IPO, with between 62% and 63.4% of the shares, depending on how many shares ...

Posted on 21/06/2024

UK Arrests Pair in Alleged £1 Billion Illegal Crypto Exchange

The UK’s financial watchdog and London police arrested two people in connection with an alleged illegal cryptocurrency exchange worth more than £1 billion ($1.3 billion).

Posted on 21/06/2024

Italy boosts crypto risk oversight and toughens sanctions, draft shows

Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines for those who manipulate the market, a draft decree reviewed by Reuters showed on Thursday.

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