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Tag: banking

Posted on 05/04/2024

Brooklyn prosecutors target ‘pig butchering’ crypto scam that cost victims millions

Prosecutors in Brooklyn seized nearly two dozen web domains associated with a scheme known as "pig butchering" -- striking an online conversation with unsuspecting victims, gaining their trust and ...

Posted on 05/04/2024

Japan’s Nikkei set for worst week since Dec 2022 as tech tumbles

Japan's Nikkei share average tumbled more than 2% to a three-week low on Friday, putting it on course for its worst week since December 2022 as tech shares slid on Wall Street's lead.

Posted on 05/04/2024

Bank of Japan hints at near-term rate hike, pushing yields higher

TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said inflation would likely accelerate from "summer toward autumn" as bumper pay hikes push up prices, the Asahi newspaper reported, his strongest ...

Posted on 05/04/2024

S. Korea, US, Japan highlight N. Korea’s cyberthreats in co-hosted informal UNSC meeting

South Korea, the United States and Japan co-hosted an informal U.N. Security Council (UNSC) meeting Thursday to highlight North Korea's evolving cyberthreats, in a show of their unity following Russia ...

Posted on 05/04/2024

STAR ISLAND 2024, the world’s alluring “futuristic fireworks entertainment” to make its highly anticipated comeback in Japan

TOKYO, JAPAN - Media OutReach Newswire - 5 April 2024 - The STAR ISLAND Executive Committee and the STAR ISLAND FUKUOKA Executive Committee are delighted to announce that the futuristic fireworks ...

Posted on 05/04/2024

Japan’s Yen Intervention Strategy Faces Big Test From US Data

Japan’s currency is yet again at the mercy of the US economy, with Tokyo’s efforts to buy time for the beleaguered yen vulnerable to shifts in the outlook for interest rate cuts by the Federal Reserve ...

Posted on 05/04/2024

Japan warns against excessive yen moves, repeats verbal intervention

TOKYO, April 5 (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday excessive exchange-rate moves were undesirable, reiterating the government's resolve to take appropriate action ...

Posted on 05/04/2024

Marc Andreessen, Jeff Vinik Back Crypto Startup Neoclassic Capital

A pair of Goldman Sachs Group Inc. and BlockTower Capital alumni have launched a new digital-asset investment firm focusing on areas including derivatives, tokenization of real-world assets, ...

Posted on 05/04/2024

NFTs aren’t totally dead as crypto-loving ‘Goblins’ swarm to NYC this week: ‘We’re back’

A handful of investors claim the notoriously battered NFT sector is showing fresh signs of life after a spectacular fall – and hordes of so-called crypto “goblins” are swarming to events across New ...

Posted on 05/04/2024

Japan won’t intervene unless yen slides below 155, says Watanabe

They probably won’t step in unless the yen makes a sudden plunge below 155 to the dollar,” said Watanabe who, as vice-finance minister for international affairs oversaw Japan’s currency policy from ...

Posted on 05/04/2024

A look at Japanese equities and the developments driving the market

Change is occurring in Japan and its implications are reverberating across varying aspects of the economy, particularly capital markets. On March 14th, at the Senior Leadership Forum in Tokyo, Japan’s ...

Posted on 05/04/2024

Authorities target ‘pig butchering’ crypto scam that cost victims millions

Brooklyn-based victims were scammed out of at least $5 million after they were convinced to invest in cryptocurrency by someone they met through a random text message, a dating site or through a ...

Posted on 05/04/2024

Bitcoin price surges past $67,300, Cathie Wood reveals drivers

As the bitcoin price regains the momentum that pushed it to new records, Cathie Wood of ARK Invest outlined the crypto market drivers.

Posted on 05/04/2024

‘Pig butchering’ online crypto investment scams fleeced New Yorkers of $10.5M

A devious crypto-currency scam called “pig butchering” that involves luring investors online into coughing up their savings in the hopes of big returns has cost New Yorkers more than $10.5 million ...

Posted on 05/04/2024

Jefferies and Japan’s Sumitomo expand alliance into Canada

Jefferies Financial will strengthen its presence in Canada through an expanded partnership with Japan's Sumitomo Mitsui Banking Corp (SMBC), as it looks to tap into the dealmaking market in the ...

Posted on 05/04/2024

Nikkei leads Asia higher as yen slips; commodities on a roll

Asian shares rallied on Thursday as U.S. rate cuts remained on the menu, even if their timing was unclear, while the yen slid against everything except the dollar and boosted Japanese stocks. There ...

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