Citigroup Inc.’s investment banking co-head for Japan Hirotaka Kato has left the US lender, according to people familiar with the matter. Kato, who also served as financial institutions group head for ...
Roundup: Japan’s Nikkei ends lower as subpar earnings weigh, U.S. inflation data eyed
Japan's benchmark Nikkei stock index closed lower Thursday, tracking losses on Wall Street overnight, with domestic companies reporting subpar earnings losing ground amid a circumspect mood ahead of ...
Japan stocks lower at close of trade; Nikkei 225 down 0.98%
Japan stocks were lower after the close on Thursday, as losses in the Chemical, Petroleum & Plastic, Transport and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.
Crypto markets teeter with FTX after Binance abandons bailout
Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin pinned near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX.
Crypto Is Crashing. This Time, Blame FTX and Sam Bankman-Fried
Crypto experienced one of its worst days ever on Wednesday in the wake of the stunning collapse of the FTX exchange, a platform once hailed as one of crypto’s foremost success stories.FTX faces ...
Sequoia Capital says it’s marking its investment in FTX down to $0 as a liquidity crunch threatens to put the crypto exchange into bankruptcy
Sequoia wrote to its investors after Binance U-turned on acquiring FTX, citing issues "beyond our control or ability to help." ...
Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse
The reversal comes one day after Binance CEO Changpeng Zhao announced that the world’s largest cryptocurrency firm had reached a non-binding deal to buy FTX’s non-U.S. businesses for an undisclosed ...
Japanese shares fall on sell-off after disappointing forecasts by heavyweights
Japanese shares fell on Thursday, tracking Wall Street losses overnight, as heavyweights Honda Motor and Sumitomo Rubber dropped on disappointing forecasts. The Nikkei lost 0.98% to close at 27,446.10 ...
Disney+ makes gains in Japan by banking on anime, echoing its competitors
However, a bright spot for its namesake streaming service was its share of the Japan market, where it muscled into third place, knocking out Nippon TV’s Hulu. Amazon Prime Video boasts around 16.5 ...
Nikkei, Hang Seng falls over 1% ahead of US CPI data, crypto worries mount
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.6 percent in early trade, dragged lower by outsized declines in China's bluechips and Hong Kong's Hang Seng index.
Asian Stocks to Fall Amid Crypto Slump, Before CPI: Markets Wrap
Equity futures in Japan and China declined while Australian stocks fell. The S&P 500 slumped, ending a three-day advance. Earnings from Walt Disney Co. and News Corp. disappointed. The dollar held ...
Japan’s Nikkei retreats from two-month high as Nintendo, energy stocks weigh
Japan's Nikkei closed lower on Wednesday, after hitting a near two-month high in the last session, as Nintendo dropped on poor earnings, with cautious investors now awaiting U.S. inflation data to ...
Asia-Pacific markets set to fall ahead of U.S. inflation data
Shares in the Asia-Pacific are poised to fall Thursday ahead of U.S. CPI data and a day after U.S. midterm results.
Is This Crypto’s Lehman Moment?
But within the crypto world, it is already being referred to as the industry’s “Lehman moment” — a reference to the 2008 collapse of Lehman Brothers, which set off a global financial panic and made it ...
Fall of a Crypto Titan Puts an Industry on Edge
The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe.
Crypto’s white knight lost 94% of his wealth in a single day
Fried, the crypto entrepreneur known for providing a financial lifeline to struggling firms in the industry, is now in need of a bailout himself.