Japan's Nikkei share average slid for a second day on Monday, as protests in China over renewed COVID-19 clampdowns hurt investor sentiment, while tech stocks fell in line with Wall Street peers. The ...
Japan’s Kishida rules out changing policy agreement with BOJ
Japanese Prime Minister Fumio Kishida on Monday brushed aside the chance of adding wage growth as a new monetary policy goal the government and the central bank should pursue to underpin a fragile ...
This Week on Crypto Twitter: Genesis in the Spotlight as FTX Shockwaves Subside
Also, the Ethereum team wanted everyone to know that fees on the network may soon be reduced by as much as 100x.
FTX Collapse: Billionaire Mark Cuban Gives Crypto a Dream Boost
The abrupt and rapid collapse of the FTX cryptocurrency exchange has caused a shock in the crypto space. The fall, in a few days, of a company valued at $32 billion in February, ended up casting ...
FTX Collapse: Billionaire Mark Cuban Remains a Crypto Follower
The abrupt and rapid collapse of the FTX cryptocurrency exchange has caused a shock in the crypto space. The fall, in a few days, of a company valued at $32 billion in February, ended up casting ...
Idle Crypto Is the Devil’s Workshop
Given that — and given my experience in studying financial market development and regulation — I think it’s pretty likely that other firms are doing what FTX did with its customers’ money, and that ...
The US Congress Is Starting to Question This Whole Crypto Thing
Think Washington lawmakers have what it takes to tackle the volatile world of cryptocurrencies? Neither do they.
Crypto Lender Genesis Under Regulatory Probe in Multiple U.S. States
Crypto trading firm Genesis, one of the world’s largest crypto lenders, is being scrutinized by regulators in the state of Alabama and other U.S. states while it is pursuing financing to the tune of ...
Crypto Entrepreneurs Fail to Capture Elon Musk’s Attention With $600,000 Goat Statue
Co-founders of the Elon GOAT token delivered the 12,000-pound sculpture to Tesla’s Austin headquarters, but the billionaire didn’t respond.
FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants
On Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale Dubai restaurant, subtly testing the waters for funding at a table of founders, bankers ...
Crypto Contagion Is Spreading, Fast
The collapse of FTX has set off a chain reaction that threatens to topple one of crypto’s oldest and most respected institutions.
Crypto company stunt brings giant Musk ‘Goat’ statue to Tesla factory
Elon GOAT Token, a cryptocurrency company, commissioned the statue with the goal of billionaire Elon Musk accepting it and bringing exposure to its token ...
BOJ to conduct annual survey on climate finance to nurture ESG market
Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, seeking ways to nurture the country's growing climate finance ...
Wall Street’s ‘Dr. Doom’ calls crypto ‘corrupt gambling’ and rips ‘proof of reserves’ trumpeted after FTX collapse
Nouriel Roubini warned on Saturday, “Crypto is corrupt gambling where the house always & systematically front runs the retail suckers that get rekt.”
Inflation in Japan is out of line, but signs of cooling are emerging
Tokyo's headline inflation estimates put the annual price growth rate at 3.8% in November against 3.5% a month earlier and the 3.6% expected. The core index, which excludes food and energy prices, ...
Japan’s Seven Bank to deploy 2,500 ATMs in 7-Eleven stores
A subsidiary of Tokyo-based Seven Bank Ltd. is set to deploy 2,500 automated teller machines and cash recycler in 7-Eleven stores nationwide as it aims to partner with more local banks.