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Tag: banking

Posted on 04/08/2023

Bitfinex hacker, rapper wife plead guilty in crypto heist money laundering

One of the most enduring mysteries in the world of cryptocurrencies was resolved Thursday when Ilya Lichtenstein acknowledged that he was the hacker who executed the 2016 attack on the Bitfinex exchange.

Posted on 04/08/2023

Signs are emerging that the IPO market can make a comeback soon

Secondary offerings are seen as a leading indicator of IPO volume since they create liquidity for investors and signal to the market that deals can be executed. In secondary share sales ...

Posted on 04/08/2023

Exclusive: Cyanide maker Draslovka screens banks for IPO

The privately-held Czech group is selecting underwriters for an initial public offering (IPO) after inviting them to pitch over the summer, said the people, who spoke on condition of anonymity.

Posted on 04/08/2023

Japan’s Ecbo launches ‘Airbnb of baggage storage’ in Taiwan as first overseas expansion

Tokyo-based Ecbo, the Japanese startup offering the Ecbo Cloak luggage storage service and the Ecbo Pickup service, held a press conference in Taipei on Friday to announce the launch of the ...

Posted on 04/08/2023

Japan banking regulator sees no big impact from BOJ shift for now

The Bank of Japan's latest policy shift would not have a major impact on Japanese banks unless there are sudden spikes in domestic bond yields, the new head of Japan's financial regulator told Reuters ...

Posted on 04/08/2023

‘Long way to go’: Bank of Japan douses tightening hopes after policy tweak

Deputy Governor Shinichi Ichida said there is "still a long way to go" before BOJ would even consider raising short-term interest rates to 0%.

Posted on 04/08/2023

Japan’s Nikkei ends largely flat amid caution ahead of US payrolls data

Japan's Nikkei share average ended almost flat on Friday amid caution ahead of the release of U.S. payrolls data, while gains in technology stocks supporting the index. The Nikkei inched up 0.10% to ...

Posted on 04/08/2023

Elon Musk: Japan issues rare warning over fake X account

Japan's finance ministry has called on X, formerly known as Twitter, to take down an account impersonating its top currency diplomat Masato Kanda. "Please don't follow the impersonation account and/or ...

Posted on 04/08/2023

Japan’s SoftBank Corp posts 2.1% increase in Q1 profit

Japan's SoftBank Corp, the domestic telecoms arm of SoftBank Group, posted a 2.1% increase in first quarter operating profit on Friday. Operating profit was 246.3 billion yen ($1.73 billion) in the ...

Posted on 04/08/2023

First Mover Asia: Bitcoin Remains Calm Above $29.1 K but Is Higher Volatility in Its Future?

Prices: The recent monotony in bitcoin and altcoin prices may be a set-up for more volatile times ahead. Meanwhile, bitcoin remained in its recent tight range above $29.1K. Insights: The supply of ...

Posted on 04/08/2023

Binance Introduces Crypto Trading Platform Designed for the Japanese Market

Binance, the largest crypto exchange, is pleased to announce the launch of Binance Japan, our new platform designed for the Japanese market.

Posted on 04/08/2023

Asia’s Crypto Regulatory Clarity Contrasts With Disarray in US

Asian regulators have stolen a march on the US by clarifying crypto rules, exemplified by Hong Kong’s first licenses for trading platforms under the city’s new digital-asset framework.Most Read from ...

Posted on 04/08/2023

Biotech start-up Mirxes weighs Singapore IPO, aims to double global headcount by 2026

In 2020, Mirxes developed Singapore’s first Covid-19 reverse transcription polymerase chain reaction (RT-PCR) test kit, the Fortitude Kit, in collaboration with A*Star. More than 10 million Fortitude ...

Posted on 04/08/2023

Japan’s Nikkei edges lower amid caution ahead US payroll data

Japan's Nikkei share average inched lower on Friday, as investors were cautions ahead of the release of U.S. payrolls data, while gains in chip-related stocks limited losses.

Posted on 04/08/2023

Japan’s Fiscal Plight Draws Scrutiny After BOJ Tweak to YCC

The Bank of Japan’s tweak to its yield curve control mechanism created another reason to take a look at the nation’s fiscal conditions, as Tokyo seeks to expand spending on defense and childcare while ...

Posted on 04/08/2023

Japan issues rare warning over fake X account

Japan's finance ministry has called on X, formerly known as Twitter, to take down an account impersonating its top currency diplomat Masato Kanda. "Please don't follow the impersonation account and/or ...

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