A bloodbath for crypto in 2022 saw Tesla's $1.5 billion bet on bitcoin backfire, as Elon Musk's carmaker dumped at least 75% of its position.
Big Tech: Musk loses millions of Tesla money on bitcoin bet and will Japan and The Netherlands ban microchip making tools to China?
It's been revealed, Elon Musk has lost one hundred and forty million US dollars of Tesla money invested in crypto currency. Plus. the possibility of Japan and The Netherlands following America's lead ...
Bankrupt FTX extends bid deadlines for Japan, Europe units
The preliminary bid deadline is now March 8 and the auction date becomes April 26, according to a court filing on Wednesday.
Maker of $555,000 Flying Motorbikes to Begin Trading on Nasdaq
A Japanese maker of flying motorbikes will list on the Nasdaq stock exchange and start trading as early as Friday in New York, making it the fifth company from the Asian nation to join the tech-heavy ...
Roundup: Japan’s Nikkei ends higher on Fed chair’s dovish tone, exporters weigh
Japan's benchmark Nikkei stock index ended marginally higher Thursday as investor sentiment was bolstered by remarks made by U.S. Federal Reserve Chair Jerome Powell indicating that inflation was ...
Japan shares higher at close of trade; Nikkei 225 up 0.20%
Japan equities were higher at the close on Thursday, as gains in the Mining, Gas & Water and Insurance sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 0.20%. The biggest ...
Japan’s biggest bank Mitsubishi UFJ reports 61% drop in Q3 profit
Mitsubishi UFJ Financial Group Inc on Thursday reported a 61.2% drop in third-quarter net profit due to a loss related to the sale of U.S. unit MUFG Union Bank, which would be mostly offset by an ...
A Trader’s Guide to Betting on the Next Bank of Japan Governor
Investors are readying for the final stretch in the race to replace Bank of Japan Governor Haruhiko Kuroda, a decision that could whipsaw markets from the yen to Treasuries.
The Bank of Japan should stop defending its cap on bond yields
Lifting the cap has only increased bets against it. Since December the Bank of Japan has had to defend the higher cap by buying bonds worth a staggering $240bn, nearly 6% of Japan’s gdp and about ...
Mitsubishi UFJ, Mizuho report strong Q3 results on solid loan demand
Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group on Thursday reported strong third-quarter profits in their core businesses thanks to an economic rebound in Japan and solid loan demand ...
The Top 5 Bitcoin News Stories Of The Week
Advice, insight, profiles and guides for established and aspiring entrepreneurs worldwide. Home of Entrepreneur magazine.
Bitcoin Hovers Near Highest Since August in Post-Fed Crypto Jump
Bitcoin hovered near the highest since August as investors took Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary-policy backdrop lies ...
Japan: 25 years of adding liquidity and counting
Even as its liquidity provision passes its 25th year, the Bank of Japan looks unlikely to tighten monetary policy in step with other central banks until deflation is beaten and the Ministry of Finance ...
Bitcoin Jumps to Highest Since August in Post-Fed Crypto Rally
Bitcoin hit the highest since August as investors interpreted Federal Reserve Chair Jerome Powell’s comments about progress on inflation as a sign that a less harsh monetary policy backdrop lies ahead ...
Crypto exchange Bittrex lays off more than 80 employees
Prominent cryptocurrency exchange Bittrex laid off employees Wednesday. The Bellevue, Wash.-based company slashed 83 positions, according to a Washington state filing. “Unfortunately, due to market ...
Japan’s Nikkei rises as tech stocks track Nasdaq higher
Japan's Nikkei share average rose slightly on Thursday, led by technology heavyweights after the Nasdaq jumped overnight, while a stronger yen weighed on exporters and limited the index's advance.