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Tag: banking

Posted on 02/02/2024

7-Eleven to begin operating unmanned convenience stores in Japan

The move marks a turning point for Japan's retail industry, which is facing a serious labor shortage. Seven-Eleven is aiming to open unmanned stores in locations where it has been difficult to open in ...

Posted on 02/02/2024

Stocks for the Looong Run: Could Japan’s Lost Decades Happen in America?

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

Posted on 02/02/2024

Japan’s Mizuho reports 8.2% rise in Q3 profit

TOKYO, Feb 2 (Reuters) - Mizuho Financial Group Inc (8411.T), opens new tab, Japan's third-largest lender by assets, reported on Friday an 8.2% increase in quarterly net profit, helped by brisk loan ...

Posted on 02/02/2024

Japan’s Aozora Bank hits near 3-year lows as bad U.S. property loans prompt loss forecast

Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% — the Nikkei 225 benchmark was up 0.5%.

Posted on 02/02/2024

Japan’s government interest costs seen more than doubling over next decade -draft

Japan faces more than a two-fold increase in annual interest payments on government debt to 24.8 trillion yen ($169 billion) over the next decade, draft government estimates seen by Reuters showed on ...

Posted on 02/02/2024

Japan’s Aozora Bank shares hit near 3-year lows on U.S. commercial property losses

The Tokyo-based commercial lender said Thursday it now expects to post a net loss of 28 billion Japanese yen ($191 million) for the fiscal year ending March 31, compared with its earlier forecast for ...

Posted on 02/02/2024

Animoca Brands Japan strengthens leadership with new COO appointment

Animoca Brands Japan, a prominent subsidiary of the global web3 investor Animoca Brands, has welcomed industry veteran Kensuke Amo as its Chief Operating ...

Posted on 02/02/2024

Larry David ‘lost a lot of money’ after being paid in crypto for FTX Super Bowl ad

In 2022, a proposed class action lawsuit was filed in Florida accusing David, Bankman-Fried and other FTX celebrity backers including NFL quarterback Tom Brady and supermodel Gisele Bundchen of defrauding investors who lost money when the cryptocurrency exchange collapsed.

Posted on 02/02/2024

UPDATE 3-FTX abandons efforts to restart its crypto exchange

By Dietrich Knauth NEW YORK, Jan 31 (Reuters) - FTX has abandoned efforts to restart its crypto exchange, instead opting for a liquidation that should repay customers in full, a company attorney said on Wednesday.

Posted on 02/02/2024

Japan’s Aozora Tumbles 19% to Three-Year Low on US Property Loss

Japanese lender Aozora Bank Ltd. extended its losses on Friday, plummeting as much as 19% to the lowest since Feb. 2021. The stock tumbled by its daily limit Thursday on losses tied to US commercial ...

Posted on 02/02/2024

How Much Power Does Crypto Use? The Government Wants to Know

The mining of bitcoin and other cryptocurrencies uses a lot of electricity -- more than many countries. Are you paying for it on your power bill?

Posted on 02/02/2024

Genesis reaches $21 million SEC settlement in bankruptcy wind-down

Crypto lender Genesis Global has settled a U.S. Securities and Exchange Commission lawsuit over its defunct Gemini Earn lending program, agreeing to a $21 million fine that will be paid only if Genesis is able to fully repay customers in its bankruptcy.

Posted on 02/02/2024

Top Crypto Gainers Today Feb 1 – Render, Aptos, ApeCoin, Immutable

ApeCoin increased by 8.49% to reach $1.509693, catapulting it into the top crypto gainers today. Alongside, investors traded about $427.19 million in volumes, indicating significant activity. In ...

Posted on 02/02/2024

Larry David says he was an ‘idiot’ for starring in an FTX crypto ad in 2022

The commercial was made by FTX, which was started by Sam Bankman-Fried. Back then, Bankman-Fried was a rockstar crypto leader, but in 2023 he was convicted of fraud. The ad debuted during the 2022 ...

Posted on 02/02/2024

Crypto firm Polygon Labs to cut 60 jobs in fresh round

Cryptocurrency firm Polygon Labs plans to cut 60 jobs globally, or about 19% of its workforce, the company said in a blog post on Thursday, marking a second round of layoffs amid a nascent recovery in ...

Posted on 02/02/2024

ZetaChain Price Prediction: ZETA Pumps 66% On Debut As Analysts Say This Meme Coin Presale Might Be The Next Crypto To Explode

This bullish thesis may be invalidated if ZETA falls below the immediate support level at $0.8815. In this alternative scenario, the ZetaChain price may drop to the subsequent support level at $0.7645 ...

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