Japan's benchmark Nikkei stock index closed lower Monday on renewed concerns over an economic recession triggered by the U.S. Federal Reserve continuing to hike its interest rates. The 225-issue ...
Live news: South Korea says crypto fugitive Do Kwon is hiding in Serbia
South Korean prosecutors believe that Do Kwon, the failed entrepreneur behind the $40bn implosion of the terraUSD and Luna tokens, is hiding in Serbia as they intensify their months-long global ...
Losing your life savings on crypto is a Brexit opportunity
An FT column offering a behind-the-scenes look at the work of Rutherford Hall, critical communications strategist ...
This Week on Crypto Twitter: Sam Bankman-Fried ‘Willing to Testify,’ Crypto’s New Bottom Signal, Stablecoin Wars Rage On
FTX’s Sam Bankman-Fried continued to hold the industry’s attention hostage after a public back-and-forth between Congresswoman Maxine Waters (D-CA) and yet more sparring with Binance’s CEO. The ...
U.S. Senator Says He Sees ‘No Reason Why’ Crypto Exists
In a Sunday appearance on NBC's "Meet the Press," Montana farmer and teacher turned U.S. Senator Jon Tester told host Chuck Todd that cryptocurrency has "not been able to pass the smell test for me." ...
Japan’s Nikkei falls as tech stocks drag ahead of Fed meet
The Nikkei ended the day 0.21% lower at 27,842.33, after hitting its highest level since Dec. 2 on Friday. Chip-making equipment giant Tokyo Electron fell 0.98%, ...
Asian shares slump, dollar firms ahead of central bank rate hikes
Asian shares slumped and the dollar firmed on Monday at the start of a hectic week, as markets awaited a flurry of interest rate decisions from the U.S. Federal Reserve, the European Central Bank and ...
Japan eyes higher corporate, tobacco taxes to fund defense spending
Japan is considering raising corporate and tobacco taxes in stages, as well as tapping revenue from a temporary tax measure for its recovery from a major earthquake, to cover a planned increase in ...
Japan’s Nikkei slips on caution before Fed decision; tech stocks slide
Japan's Nikkei share average retreated on Monday from a one-week high, as U.S. data showing sticky inflation raised worries that the Federal Reserve may keep interest rates higher for longer. Tech and ...
Japan, Australia, to bolster cyber-defenses, maybe offensive capacity too
Japan, meanwhile, is also revising its cyber security strategy according to Nikkei. The Japanese outlet reports that the nation will reorganize its cyber defenses, and implement a policy of ...
Tokyo’s Broken Bond Market Needs More Than BOJ Tweaks to Heal
A dialing back of massive Bank of Japan bond purchases and even a tweak to yield-curve control would fail to solve the liquidity drought in the country’s debt market next year, according to investors.
Leaks Reveal Crypto CEOs Are Braced For A $65 Billion Bitcoin And Ethereum Price Earthquake
Bitcoin, ethereum and the rest of the crypto market has been hard hit by a devastating price crash this year and could be about to take another ...
Crypto hasn’t been able to ‘pass the smell test’ for me: Sen. Tester
Should the government be regulating crypto? Sen. Jon Tester (D-Mont.) says “if we regulate it, it may give it the ability for people to think it’s real,” during an exclusive interview with Meet the ...
Investors withdraw record levels of coins from crypto exchanges
Investors are pulling record levels of bitcoin from crypto exchanges as the collapse of Sam Bankman-Fried’s FTX stirs fears over the safety of their assets. FTX, once the darling of the crypto ...
Increasingly sophisticated, borderless cyberattacks on Japan health facilities test police
The effects of a ransomware attack linger at a major health facility here. Problems remain with the electronic health record system, and it w ...
SEC asks companies to disclose exposure to struggling crypto firms
As noted in the sample letter, the SEC says companies should discuss whether they’ve been exposed to crypto firms that have filed for bankruptcy, suspended withdrawals, or exper ...