TOKYO, Aug 30 (Reuters) - Japan's Nikkei share average closed at a three-week high on Wednesday as investors bought back beaten-down stocks and an overnight rally on Wall Street lifted sentiment. The ...
Crypto’s Top Enemy Gensler Put on Defensive by Grayscale Ruling
After two years of fines, threats and lawsuits, Gary Gensler had crypto reeling. But a pair of recent legal setbacks have Wall Street’s top cop on the defensive.
Just as China faces a Japan-style ‘lost decade,’ Japan thinks it’s near a ‘turning point’ in decades-long deflation battle
China’s economic woes are starting to resemble the decades-long problems of Japan. In the 1970s and ’80s, Japan’s economy quickly developed into a powerhouse, just as China’s has over the past few ...
Bitcoin saved from torrid August by landmark Grayscale ruling
Still, bitcoin's prospects remain tied to the performance of wider ... He has worked at Reuters since 2014, with a previous posting to Tokyo where he uncovered abuses in Japan’s immigration system and ...
Crypto Bubbles: Spotting Them Before They Burst
Today, let's take a deep dive into the realm of crypto inflations, outlining how to identify them and strategize to stay ahead.
Treasury proposes crypto reporting rule to ‘close the tax gap.’ What it means for investors
The U.S. Department of the Treasury and IRS on Friday unveiled proposed regulations for tax reporting for cryptocurrency, non-fungible tokens and other digital assets. If enacted, brokers will begin reporting 2025 transactions in January 2026 via Form 1099-DA,
X, formerly Twitter, acquires license to integrate crypto payments
Crypto payments, wallets or other features, pet projects for owner Elon Musk, could be a significant boost for the wider market.
Will Crypto Ever Be Rid of Influencers Like BitBoy?
Did anyone else know that Ben Armstrong was not BitBoy? On Monday, news broke that Armstrong, host of one of the industry’s most successful cryptocurrency trading shows, BitBoy Crypto, has been unceremoniously dumped. And in the divorce, it appears that ...
Japanese financial regulator to monitor BOJ amid shifting central bank policies
Japan's financial regulator will maintain a close watch on the impact of central bank policies on regional banks as the nation moves towards normalizing its monetary strategies.
Bank of America on Japan’s Hunger for Renewable Energy M&A
Hi, it’s Manuel Baigorri in Hong Kong. I spoke to two of Bank of America’s top dealmakers in Asia Pacific about why Japan is going wild for renewable energy deals. Elsewhere, the best big IPO of the ...
Toyota Faces Production Standstill In Japan After Order System Glitch
Further, all 14 plants and 28 lines in Japan have been declared non-operational for the second shift. See Also: Best Electric Vehicle Stocks Trending: Former US Spy Predicts Kim Jong Un Most Likely To ...
FTX customers can’t catch a break: Hackers are targeting those trying to recoup funds from bankrupt crypto exchange
FTX customers are already out almost $9 billion after the crypto exchange, once valued at $32 billion, collapsed in November and soon entered bankruptcy proceedings. And now, some hackers are adding insult to injury by sending these customers fake emails ...
Millennium Lures Ex-Goldman Trader Back to Oil From Stint in Crypto
Hedge fund Millennium Management hired Benoit Bosc, a former Goldman Sachs Group Inc. oil trader who briefly moved to cryptocurrencies, for a crude-trading role, people familiar with the matter said. Bosc will start his new position on David Zimbler’s ...
Arm IPO Could Raise $6 Billion; Instacart On Tap, Too
Arm IPO Is Around The Corner This will be Arm' s second IPO; the first time was in 1998. It went private after Japan's SoftBank Group purchased it for $32 billion in 2016. Arm filed for its upcoming ...
Asia markets rise, led by Hong Kong and China; Japan unemployment higher than expected
Hong Kong and Japan markets are set to extend gains from Monday as Japan's unemployment rate came in higher than expected.
Bank of Japan Shift May Not Have Powered 10-Year U.S. Treasury Move After All
A recent shift by the Bank of Japan may not have contributed much to the climb in long-term U.S. government bond yields, according to the chief economist at Apollo Global Management. Japan's central ...