It topped the level in 2009, when investors liquidated holdings for cash in the wake of the global financial crisis.
Deal Digest: Hong Kong and Japan See Year-End Growth Momentum, With PRC Firms Tapping US and European Capital Markets For Growth
Law firms in Asia have seen a glimpse of hope amid a regional IPO slump in the past month, with Hong Kong experiencing a boosted IPO pipeline following the removal of COVID restrictions, and Japan ...
Asia-Pacific shares set to trade mixed following cooler U.S. inflation print
Asia-Pacific shares are set to open mixed, after the U.S. consumer price index showed inflation cooled for December.
Coinbase weighs Japan exit amid crypto headwinds
Coinbase Global is considering a withdrawal from Japan as part of its response to the sharp decline in cryptocurrency trading following the collapse of FTX. The U.S.-listed cryptocurrency exchange has ...
Bank of Japan speculation leads to new wagers on policy changes
The BOJ will consider adjusting bond purchases or other policy changes as early as next week, according to a newspaper report.
Japan’s Standing Is Rising. Not So Its Leader’s
The nation’s significance as a geopolitical power has rarely been higher, but that’s little solace for its unloved prime minister.
The Download: virtual grief meet-ups, and bitcoin mining in Kazakhstan
Eventually, she stumbled across Death Q&A, a weekly hour-long session in a virtual space which grapples with mortality, where attendees often share things they’ve shared with no one else. Despite the ...
Crypto has little intrinsic value or fundamentals to fall back on, and traders are merely riding a ‘hot ball’ of momentum, investment firm says
Crypto has little inherent value and is mostly driven by hyped-up narratives pushed by its very online market participants, a recent report states.
Crypto Price Check: Bullishness Is Back but Scandal Impact Lingers
While crypto prices have shown some life recently, investors are still contending with a series of scandals and bankruptcies.
2022 Was the Biggest Year Yet for Crypto, if You’re a Crook
As much as the crypto industry has been pummeled over the past year, both in terms of slouching crypto prices as well as waning public opinion, scammers, hackers, and sanctioned entities still managed ...
Vitalik Buterin on Ukraine, crypto in a crisis, and what’s next for Ethereum
The Ethereum founder also describes how "a six-month trip around the world to explore all of the different Bitcoin communities" turned into a nine-year adventure.
Illicit crypto transaction volumes notched an all-time high in 2022 amid surging hacks and sanctions violations
Illicit crypto transaction volumes notched a record high of $20.1 billion last year amid surging hacks and a crackdown on sanctions violations.
Foreign investors dump Japan bonds in record sell-off in 2022
Foreign investors sold a record 10.79 trillion yen ($82.9 billion) more in Japanese government bonds than they bought in 2022, Ministry of Finance data out Thursday shows, underscoring their role in ...
You Want The Next Big Trend? It’s Artificial Intelligence In Crypto
AI has the potential to fundamentally change the way the crypto universe works, and could solve a lot of the problems that have caused the sector to crash so badly in the past The key word is ...
A crypto crash for big stablecoins is likely to send shudders through other financial markets too, a Cornell professor warns
Stablecoin issuers use holdings of US Treasurys to back the crypto tokens, and that means a collapse would pose a threat to other assets, Eswar Prasad said.
Criminal Activity Thrived in Otherwise Tough Year for Crypto
But criminal activity continued to thrive, with an estimated $20 billion in cryptocurrency transactions last year related to stolen funds, terrorism financing, darknet markets, digital ransoms and ...