Willem Sels, global chief investment officer at HSBC, discusses global market sentiment and looks at how major central banks are faring.
South Korea Passes Inaugural Standalone Crypto Bill After Spate of Scandals
South Korea approved its first standalone digital-asset bill to boost investor protection just over a year after the implosion of tokens created by countryman Do Kwon exacerbated a $2 trillion ...
Japanese Yen is on the Slide as the Fed and Bank of Japan Return to their Corners
The Japanese Yen backed away from 145 against the US Dollar after some verbal intervention but interest rate differentials are reaccelerating in favour of USD. How high will USD/JPY go?
Crypto Traders Brace For $7 Billion Bitcoin, Ether Options Expiries
An unusually large expiration of bitcoin and ether options on Friday is likely to increase crypto volatility after bitcoin has spent a week hovering above $30,000. The cryptocurrency has spent the ...
Repower gets Japanese group as IPO anchor investor
MANILA -Japan-listed Tokai Holdings Corp. is snapping up a third of hydropower company Repower Energy Development Corp.’s P1.15-billion initial public offering, making it one of company’s ...
Japan’s Nikkei falls as investor pause ahead of earnings; set for weekly gain
Japan's Nikkei share average fell on Friday, dragged down by heavyweight technology shares as investors paused buying ahead of corporate earnings season, but the index is set to post a weekly gain.
Japan’s Nikkei extends gains as softer yen lifts exporters
TOKYO, June 29 (Reuters) - Japan's Nikkei share gauge extended gains for a second session on Thursday as a weaker yen boosted exporters, overshadowing profit-taking by some investors. The Nikkei rose ...
Japan finance minister warns against excessive weakening as yen strikes 7-mth low
Japan would take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows against the dollar.
Japan finance minister warns against excessive yen weakening
Japan would take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows against the dollar. Suzuki warned ...
Protesters slam New York crypto-mining facility a year after firm denied permit
A cryptocurrency mining company in New York's Finger Lakes region that was denied an air permit renewal from state regulators last year is facing protests from demonstrators upset the company is still ...
Is Shein About To Hit Stock Market? Report Says Company Filed For IPO—But Chinese Firm Denies Plan
Chinese retailer Shein claimed it is not going public following a report stating it filed for an IPO in New York this week.
Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it
According to a new report, only $4.9M was recovered of the $204.3M the crypto industry lost to hacks, scams and rug pulls in Q2.
How The SEC Is Targeting Binance In A Sweeping Crypto Crackdown
A barrage of recent regulatory suits by the SEC against Binance could be part of a larger strategy to set an example in regulation of crypto.
Cava’s sensible IPO ambitions could spur more companies to go public
The company set an initial IPO price range this week, indicating what it may be worth once it’s public. This is also a chance for us to check our valuation estimates. Cava intends to sell 14.4 ...
IPO draws Tokai as anchor investor–REDC
Tokai Holdings Corp. (Tokai) of Japan is buying a chunk of Repower Energy Development Corp. (REDC) shares on offer in its initial public offering (IPO) as an anchor investor. REDC, a subsidiary of ...
Repower Energy IPO all set with Japan firm as ‘anchor investor’
THE Philippine Stock Exchange (PSE) has approved the final terms and conditions of Repower Energy Development Corp.'s (REDC) initial public offering (IPO) in which a Japan-based listed conglomerate ...