Japan equities were higher at the close on Tuesday, as gains in the Retail, Mining and Shipbuilding sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 rose 0.24%. The biggest ...
Japanese shares end higher as chip stocks, exporters gain
TOKYO: Japanese shares closed slightly higher on Tuesday, supported by gains in chip-related stocks and as exporters advanced after the yen weakened against the dollar overnight. The Nikkei share ...
Japan’s Rising Defense Budget Is Now Nearly on Par With Russia
Japanese Prime Minister Fumio Kishida has ordered a sharp defense spending hike that could see his long-pacifist country’s defense budget balloon to near the levels spent by Russia.
Japan finmin vows to respond to rapid yen strength if necessary
Japan will respond to sharp yen moves appropriately as needed, Finance Minister Shunichi Suzuki said on Tuesday, when asked whether the country would intervene in the currency market to stem sharp yen ...
FTX Japan would let customers withdraw funds … if only anyone could log in
Add a busted tech platform to the list of the company's sins FTX's Japanese outpost has teased good news for investors in the collapsed and disgraced trading platform – then dashed their hopes.… The ...
Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX's implosion has ...
Legal advisers wade into crypto contagion
Lawyers are grappling with fallout from the collapse of FTX and its domino effects in the cryptocurrency sector ...
KuCoin Hires Auditor To Deliver Report On Exchange’s Reserves: Which Crypto Holdings Will Be Analyzed?
Major cryptocurrency exchange KuCoin has hired auditor Mazars to confirm its proof of reserves in a third-party factual findings report, days after rival exchange Binance did the same. According to a ...
Japanese stocks inch higher as chip makers, exporters gain
Japanese shares inched higher on Tuesday, underpinned by gains in chip-related stocks and as exporters advanced after the yen weakened against the dollar overnight. The Nikkei share average rose 0.29% ...
Bank of Japan seen to ditch yield cap next year as inflation perks up
TOKYO - The Bank of Japan (BOJ) may abandon its 10-year bond yield cap as early as next year on growing prospects that inflation and wages will overshoot expectations, said Takeo Hoshi, an academic ...
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Unless you have been underwater for over a year, you probably know that selling risk assets like U.S. stocks and bitcoin (BTC) and buying the ...
Warren Buffett-Backed BYD To Sell EVs In Japan By Early 2023
After announcing its Mexico foray, Warren Buffett-backed BYD Co.‘s (OTC:BYDDF) Japanese division said it would start selling its first battery electric vehicles in the country early next year. What ...
2022: The Year That Bitcoin Came Of Age And Fiat Showed Its Ugly Side; The Case For A Monetary Escape Hatch
If you’ve been ambivalent on bitcoin until now, then 2022 might just be the year that persuades you of its merits - and that’s despite the onset of crypto winter, and headline-grabbing price declines ...
First Mover Asia: Bitcoin Hovers Near $17.3K, but Does It Have Staying Power?
Headlines Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain: Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout ...
Jim Cramer urges investors to exit crypto – ‘it’s never too late too sell’
The collapse of FTX, the bankrupt cryptocurrency exchange that was worth $32 billion at its peak, has thrown the crypto space under intense scrutiny.
Ordinary Investors Who Jumped Into Crypto Are Saying: Now What?
Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry.