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Tag: banking

Posted on 03/06/2023

Who Got Richer And Poorer This Week: Elon Musk Narrows Lead Held By World’s Richest Person, SoftBank Surges On Chip Designer IPO Hype

Tesla CEO and world’s second-richest person Elon Musk also visited China for the first time in years, where he spoke with officials and business leaders. Tesla opened one of its largest factories in ...

Posted on 03/06/2023

Crypto bill from Republicans lays out clear roles for SEC and CFTC

The bill proposes a clearer pathway for the registered offer and sale of digital assets. The SEC has based several enforcement actions against American crypto entities, including Gemini, Genesis, and ...

Posted on 03/06/2023

Naomi Osaka and Cordae reveal “a little princess is on the way”

Congratulations are in order for Naomi Osaka and Cordae! Today (June 2), the soon-to-be parents shared the news via social media that they have a little girl on the way! Osaka kept it short and sweet ...

Posted on 03/06/2023

Japan, S Korea finance ministers to hold next meeting on June 29

Japanese Finance Minister Shunichi Suzuki and South Korean Finance Minister Choo Kyung-ho will meet on June 29 in Tokyo for the next bilateral meeting, almost two months after the first talk between ...

Posted on 02/06/2023

Crypto Now Braced For A ‘Powder Keg’ That Could Play Havoc With The Price Of Bitcoin And Ethereum

Bitcoin, ethereum and crypto prices have been trading sideways for months (though the CEO of one major crpyto company thinks that could be about to change).

Posted on 02/06/2023

Japan’s Nikkei closes at 32-year high as US default fears ease

Japanese stocks rose on Friday, with the benchmark Nikkei index closing at a three-decade high, after U.S. lawmakers voted to raise the debt limit and on signs central bankers are in no hurry to ...

Posted on 02/06/2023

Japan’s govt will vow to end deflation with bold monetary, flexible fiscal policy -draft

Japan's government will pledge to pull the economy out of deflation through bold monetary policy, flexible fiscal policy and a growth strategy, according to a draft outline of its long-term economic ...

Posted on 02/06/2023

Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express

Chinese RMB stablecoin issuer's Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?

Posted on 02/06/2023

SoftBank shares swept up in AI chip frenzy ahead of Arm IPO

SoftBank Group Corp shares jumped 5% in early Friday trade as the technology investor - which is preparing an initial public offering of chip designer Arm - was caught up in a frenzy for semiconductor ...

Posted on 02/06/2023

Japan Monetary Base Declines 1.1% On Year In May

(RTTNews) - The monetary base in Japan was down 1.1 percent on year in May, the Bank of Japan said on Friday - coming in at 672.732 trillion yen. That beat expectations for a decline of 1.4 percent ...

Posted on 02/06/2023

Monthly crypto exchange volume tumbled in May, hitting 32-month low

Cryptocurrency monthly exchange volume fell over 27% from $604.88 billion in April to $439.42 billion in May, signaling weak investor demand.

Posted on 02/06/2023

Hong Kong’s Crypto Ambitions Rest on a Lot of ‘Ifs’

In this edition of the Bloomberg Crypto newsletter, Suvashree Ghosh finds the devil is in the details of Hong Kong’s new crypto rulebook: ...

Posted on 02/06/2023

Bank of Japan’s Ueda says era of low global interest rates may be over

Global central banks may already be facing a new economic environment where inflation and interest rates will no longer revert to the low levels of the past, Bank of Japan (BOJ) Governor Kazuo Ueda ...

Posted on 02/06/2023

Bitcoin had a dull May, but new use cases could trigger the crypto’s next rally

The latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.

Posted on 02/06/2023

Gemini looks to Dubai and Crypto.com nabs Singapore license as U.S. crypto companies continue overseas expansion

“Singapore continues to be a hub for blockchain and fintech innovation,” Chin Tah Ang, general manager of Crypto.com's operations in Singapore, said in a statement. And Gemini wrote on Twitter that ...

Posted on 02/06/2023

Inflation, Fed policy back in focus for crypto investors as bitcoin enters summer doldrums

Cryptocurrencies are preparing for the lazy, hazy days of summer without clear catalysts to steer big price movements.

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