CoinShares filed on Friday to withdraw its plan to launch three exchange-traded funds, as the European cryptocurrency firm plans to focus on higher-margin opportunities ahead of its U.S. listing.
Crypto Exchange Upbit Hit by Exploit After $10 Billion Deal
Upbit has suspended deposits and withdrawals after it discovered an unauthorized transfer of about $37 million of digital assets, a black eye for South Korea’s leading crypto exchange just a day after ...
Japan cabinet proposes $117bn extra budget, clouding outlook for surplus
TOKYO -- Japan's cabinet on Friday approved a draft supplementary budget of 18.3 trillion yen ($117 billion) -- the largest since the COVID-19 pandemic -- to fund stimulus and inflation measures that ...
MGM Resorts (MGM) Jumps 6.9% After F1 Visitor Surge and BetMGM Record—Is Momentum Sustainable?
MGM Resorts International recently benefited from the Las Vegas F1 weekend, attracting around 150,000 extra visitors, full hotel occupancy, and record-setting activity on its BetMGM platform. This ...
Singapore Wealth Fund GIC Moving to Bigger Office in Tokyo Finance District
Singaporean sovereign wealth fund GIC Pte is moving to a larger office in Tokyo’s main financial district, strengthening its presence in Japan as the country’s financial markets gain momentum.
Nikkei stock index rises for 4th day as US rate cut hope lends support
The Nikkei stock index ended higher for the fourth straight day on Friday, with hopes for a U.S. rate cut lending support, although i ...
Japan’s Indie Film Financier K2 Pictures Wins Support From Major State-Backed Bank (Exclusive)
The Development Bank of Japan’s investment in the Tokyo-based startup — launched at Cannes with backing from auteurs like Hirokazu Kore-eda and Takashi Miike — signals growing institutional support ...
CDL Divests Bespoke Hotel Osaka for JPY 14 Billion
The latest announcement is out from City Developments ( (SG:C09) ).
GIC moving to bigger office in Tokyo finance zone
Singaporean sovereign wealth fund GIC is moving to a larger office in Tokyo, strengthening its presence as Japan's financial markets gain momentum. Read more at straitstimes.com. Read more at ...
Japan Plans Extra Bond Issuance That May Fuel Fiscal Fears
Prime Minister Sanae Takaichi’s cabinet on Friday approved a draft supplementary budget for the fiscal year ending March 2026 that is worth 18.303 trillion yen, or about $117.10 billion.
Human Made Launches Historic IPO on the Tokyo Stock Exchange
Human Made made history with its IPO on the Tokyo Stock Exchange, becoming the first streetwear brand to go public The offering is anticipated to raise $115 million USD, led by founder Nigo and ...
Nikkei 225 Index analysis as Japanese yen slips, retail sales rise
The Nikkei 225 Index held steady above ¥50,000 after Japan published strong retail sales data and as the yen continued softening. It also reacted to the latest Tokyo CPI numbers and the growing ...
Solid Japan Economic Data Back Case for BOJ Rate-Hike
Resilient factory activity and consumption despite headwinds from tariffs and inflation suggest that conditions for the Bank of Japan to resume monetary tightening are being met.
JGB Yields Higher After Strong Tokyo Inflation Data
Japanese government bond yields were higher after stronger-than-expected Tokyo consumer inflation data bolster expectations for further rate increases by the Bank of Japan.
Cathie Wood bets big on surging crypto stock
Cathie Wood ’s ARK Invest has boosted its exposure to crypto-linked equities. ARK bought $16.5 million worth of Coinbase (NASDAQ: COIN) on Nov. 26. The Coinbase buy follows a series of recent ...
Popular crypto company loses millions in hack after $10B deal
Now, another piece of shocking news has emerged: a leading crypto trading exchange has lost millions of dollars in a hack. Launched in 2017, Upbit is the largest crypto trading exchange in South Korea ...