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Posted on 12/04/2023

Roundup: Japan’s Nikkei ends higher on new BOJ chief’s dovish policy remarks

TOKYO, April 11 (Xinhua) -- Japan's benchmark Nikkei stock index closed higher Tuesday as investor sentiment was lifted by the new Bank of Japan chief's dovish policy remarks, with high-technology shares following their U.S. peers higher. The 225-issue ...

Posted on 11/04/2023

Gary Wang, the mysterious FTX cofounder, is cooperating with prosecutors. Here’s what we know about the key player in the failed crypto empire.

As well as cofounding FTX, Gary Wang also served as its chief technology officer but reportedly kept a low profile.

Posted on 11/04/2023

Buffett says he holds 7.4% stake in five Japanese trading houses including Itochu -Nikkei

Berkshire Hathaway Inc's Warren Buffett is considering additional investment in Japanese stocks and said he holds a 7.4% stake in five Japanese trading houses, including Itochu Corp, the Nikkei ...

Posted on 11/04/2023

Warren Buffett Increased Stakes in Japan Trading Houses, Nikkei Says

Warren Buffett is looking to increase his exposure to Japanese stocks, according to an interview with Nikkei, saying he’s been proud of his holdings in the nation’s trading houses.

Posted on 11/04/2023

Roundup: Japan’s Nikkei ends higher amid eased concerns about U.S. labor market

Japan's benchmark Nikkei stock index closed higher Monday as eased concerns over the U.S. labor market spurred buying, although gains were capped by a lack of fresh cues. The 225-issue Nikkei Stock ...

Posted on 11/04/2023

New Bank Of Japan Head Says Banks Stable, Rules Out Major Policy Shift

The new governor of Japan's central bank signalled on Monday that he plans no drastic changes in its ultra-low interest rate policy, sticking to earlier messaging on the topic. Bank of Japan Gov.

Posted on 11/04/2023

Japan Finance Minister to Host G7 Meeting in Washington on April 12

Japan Finance Minister to Host G7 Meeting in Washington on April 12 TOKYO (Reuters) - Finance Minister Shunichi Suzuki said on Tuesday that Japan would chair a Group of Seven (G7) financial leaders' ...

Posted on 11/04/2023

Japan FinMin Suzuki: Inappropriate to guide fiscal policy by depending on BoJ debt buying

"It is Inappropriate to guide fiscal policy by depending on BoJ debt buying," said Japan’s Finance Minister (FinMin) Shunichi Suzuki said on early Tuesday. It’s worth noting that Japan FinMin Suzuki ...

Posted on 11/04/2023

Most Americans know about crypto, few are confident in its safety or reliability: Pew Research

At least 88% of U.S. adults know something about cryptocurrencies, but three-quarters say they don't trust their safety and reliability, according to a new survey.

Posted on 11/04/2023

As crypto startup valuations come back to Earth, big investors are bargain hunting

Investors like a16z behind the largest funds deploying capital in crypto are sticking to their guns, even though crypto valuations were down last quarter.

Posted on 11/04/2023

New report highlights FTX mismanagement, and Arkansas passes crypto mining bill: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...

Posted on 11/04/2023

IOWN Global Forum to Host 3rd Annual Member Meeting in Osaka, Japan

Members including Intel, NTT & Sony to gather in-person and online 25-27 April 2023 to collaborate and share progresses with industry OSAKA, Japan, April 10, 2023--(BUSINESS WIRE)--The Innovative ...

Posted on 11/04/2023

Litigation Bombshell: SBI Crypto Slams Whinstone US With Fraud And Negligence Allegations In Mining Fiasco

SBI Crypto Co., a subsidiary of Japan's SBI Holdings Inc, has filed a lawsuit against Whinstone US, a data center based in Rockdale, Texas. The lawsuit accuses Whinstone of misrepresenting its ...

Posted on 11/04/2023

Japan defies global trend with fresh support for OpenAI

Despite a recent ban on the use of OpenAI’s ChatGPT chatbot in Italy and concerns about data protection, Japan has shown its support for the artificial intelligence (AI) company. The Japanese ...

Posted on 11/04/2023

Mining Crypto Is Even Worse for the Environment Than We Thought

Part of the reason crypto mining has continued in spite of its environmental impact stems from the convoluted way it uses energy. To mine Bitcoin and other "proof-of-work" cryptocurrencies, miners ...

Posted on 11/04/2023

A Bit About The Failed Banks – Lessons For TradFi And Crypto

Signature Bank, and Credit Suisse folded within a couple of weeks, while First Republic Bank is teetering at the brink.

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