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Tag: banking

Posted on 26/09/2023

Asia markets set to start Tuesday mixed despite Wall Street rally

Japan’s Nikkei 225 is set to fall, with the futures contract in Chicago at 32,515 and its counterpart in Osaka at 32,490 against the index’s last close of 32,678.62. The country is scheduled to ...

Posted on 26/09/2023

Japan’s Ministry of Finance warns currency speculators amid yen weakness

The Ministry of Finance (MOF) in Japan issued a stern warning to currency speculators on Monday, as the Japanese Yen (JPY) trends towards a rate of 150 against the U.S. Dollar (USD). The warning ...

Posted on 26/09/2023

Japan records August trade deficit

Japan’s exports fell 0.8% last month from a year earlier, with steep declines in shipments to China and the rest of Asia, its largest regional market.

Posted on 26/09/2023

Binance makes strides in Japan despite these legal setbacks in the West

Moreover, stablecoins have been termed as an “electronic payment method” under the revised Payment Services Act, and the Progmat platform was developed in accordance with this act.

Posted on 26/09/2023

Crypto king or conman: is Sam Bankman-Fried about to be sent down for a century?

His company managed billions in assets and made him one of the world’s richest people. Then, almost overnight, it collapsed. With a fraud trial beginning next week, a documentary asks how he bewitched

Posted on 25/09/2023

Hong Kong’s Crypto Ambitions Hurt by a Scandal

Hong Kong wants to be a crypto hub. It is now dealing with a crypto scandal. The city’s Securities and Futures Commission promised more disclosures on Monday, amid an outcry over JPEX, an unregulated ...

Posted on 25/09/2023

Crypto Traders Brace for Nearly $5B Bitcoin and Ether Options Expiry

Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.

Posted on 25/09/2023

Hong Kong crypto firm hit by $200 million hack

Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday. Mixin, which lists its location on LinkedIn as Hong Kong, said the ...

Posted on 25/09/2023

Capcom sees game sales in India passing those in China in decade

Key to the Osaka-based company’s strategy are securing local tie-ups to lift the profile and sales of its PC games in emerging markets and expanding its offerings of console-quality titles to ...

Posted on 25/09/2023

From Asia with crypto: This week’s top 10 news

Asia – the pulsating heart of the crypto world, teeming with innovation, intrigue, and at times, deception. While the continent brims with stories, here’s a sharp look at the top ten that caught my ...

Posted on 25/09/2023

How the fall of the ‘King of Crypto’ cost one British man millions

As Sam Bankman-Fried awaits trial for fraud, his former investors wonder if they will ever recoup their losses.

Posted on 25/09/2023

BOJ’s Ueda: Must keep easy policy to sustainably hit price goal

Bank of Japan Governor Kazuo Ueda said on Monday the central bank must maintain ultra-easy monetary policy since sustainable achievement of its 2% inflation target was not yet in sight.

Posted on 25/09/2023

Japan’s Nikkei rebounds from worst week of 2023 as chip, pharma stocks rally

Japan's Nikkei share average rebounded sharply on Monday as investors bought back beaten-down stocks following the benchmark index worst week of 2023.

Posted on 25/09/2023

Japan’s Nikkei rebounds from worst week of 2023 after clearing BOJ, Fed tests

Japan's Nikkei share average rebounded sharply on Monday, as investors bought back beaten-down stocks after major risk events, including meetings of the U.S. Federal Reserve and the Bank of Japan, ...

Posted on 25/09/2023

Financial Services Agency promotes Japan’s investment attractions

Japan's Financial Services Agency is holding a series of events to highlight the country's attractiveness as a financial and capital market. They will be held at venues in Tokyo and Fukuoka from ...

Posted on 25/09/2023

Hang Seng Index, ASX 200, Nikkei 225 Index: Rally, Rebound, and Reversal: A Mixed Forecast for Asia

The Bank of Japan delivered its monetary policy decision on Friday, leaving interest rates and yield control curve policy unchanged. A sliding Yen fueled fears of a government intervention to bolster ...

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