Soaring fuel prices along with weakening yen have sent import costs surging A perfect storm created by growing commodity prices and a weak
FOCUS: Japan PM Kishida’s intention to raise sales tax in focus at Diet
A crucial issue cropped up at Japan's regular Diet session that convened Monday -- whether Prime Minister Fumio Kishida will look to hike the politically unpopular consumption tax to cover the child policies he is trying to advance.
Charts suggest investors should ignore ‘crypto cheerleaders’ and stick with gold, Jim Cramer says
CNBC’s Jim Cramer on Monday warned investors to stay away from crypto despite bitcoin’s recent gains and instead look to gold. Bitcoin, the world’s top cryptocurrency, continued to gain on Monday as investors continued to bet that the Federal Reserve will ease its pace of interest rate cuts or stop them altogether.
Asia-Pacific markets set to rise as trade resumes after Lunar New Year holidays
Markets in the Asia-Pacific are set to trade higher as trade resumes after Lunar New Year holidays were observed in most of the region.
Japan economy deteriorating at ‘unprecedented’ scale: finance chief
Japan’s finance minister on Monday warned that the country’s fiscal health was deteriorating at an “unprecedented” scale as the nation grapples with gargantuan debt aggravated by the pandemic economic ...
Bitcoin’s 2023 rally gathers steam as cryptocurrency tops $23,000
The No. 1 token's price briefly topped $23,000 for the first time since Aug. 19, 2022, according to data from CoinGecko.
The banking industry is turning its back on crypto, adding insult to injury for the reeling sector
Experts tell Fortune that the pullback from financial institutions could spell trouble for the already reeling industry. Joseph Silvia, the former counsel to the Federal Reserve Bank of Chicago and a partner at Dickinson Wright,
Crypto comeback is just a ‘mean-reversion’ rally, Bernstein says
However, there are probably a few more bumps to endure before investors are out of this crypto winter. That's one observation about the current crypto bounce Bernstein analysts made in a note to investors Monday.
From anti-war activists to the ‘Crypto-queen,’ here are the 11 women who have made the FBI’s most wanted in its 72-year history
The first woman to be considered dangerous enough to be placed on the list was Ruth Eisemann-Schier in 1968 for he role in a kidnapping.
New York’s financial regulator sets sights on crypto firms mixing funds with customer assets in the wake of FTX fiasco
Former FTX management is alleged to have misappropriated customer funds with sister trading firm Alameda Research.
The World’s Best Crypto Policies: How They Do It in 37 Nations
Crypto regulation, however, is a different beast. The laws stop at borders. Politics matter. Most countries are still struggling with how to handle this curious invention – tech that doesn’t cleanly ...
Japan’s FSA expects to allow certain stablecoins by June 2023
Japan’s Financial Services Agency will only allow stablecoins that successfully pass individual checks ensuring that such cryptocurrencies are safe for investors.
The U.S. And Allies Go After Crypto Exchange And Russian Money Laundering
Last week, the U.S. Department of Justice (DOJ) and the U.S. Treasury Department announced a coordinated action against non-compliant crypto exchange Bitzlato, and the arrest of its owner in Miami for ...
North Carolina crypto mine drives residents away over ‘insane’ noise, electric grid concerns
Murphy resident Mike Lugiewicz explained how the cryptocurrency mine in his rural North Carolina town is forcing him to relocate over the noise and power concerns.
New York’s financial regulator takes aim at firms co-mingling crypto funds
New York’s chief financial regulator is set to release new guidance on Monday dictating that companies separate customers' crypto assets from their own, after alleged co-mingling of funds at collapsed ...
Bitcoin Shorts Dominate Weekly US Crypto Fund Inflows: CoinShares
Though crypto inflows almost quadrupled over the last week, investors still appear to be bearish, per a new CoinShares report.