Former Bank of Japan Governor Masaaki Shirakawa has criticized the powerful monetary easing undertaken by his successor and current chief Haruhiko Kuroda, saying its impact on inflation and economic ...
Inflation’s direction will drive crypto’s action in March now that the 2023 rally has faded
If we're right and more upside lies ahead in the near term, it's tough to think crypto isn't a major beneficiary." What to watch Though industry developments accounted for much of the trading action ...
Silvergate’s Worsening Crypto Losses Feed Watchdogs’ Worst Fears
For months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have been too late.
Binance to revive bid for Singapore crypto permit -Nikkei
Crypto exchange Binance will have its custodial arm apply for a permit to offer cryptocurrency services in Singapore "in due course", Nikkei Asia reported on Thursday, citing executives from the unit.
Analysis: Australia’s DIY pension funds lose millions on crypto bets, investors not sweating it
Thousands of Australians who used do-it-yourself (DIY) pension funds to bet on cryptocurrencies face hundreds of millions of dollars in losses, jeopardising their savings in a scheme originally set up ...
Ditching bond yield cap will be tricky task for new Bank of Japan governor
Kazuo Ueda has hinted that ‘yield curve control’ is unlikely to survive in its existing form once he takes the helm ...
Coinbase Blockchain Plan Gets Warm Reception; Success Hinges On Converting Crypto Diehards
The company has been trying to move beyond its core exchange business. It’s latest effort is to build a new Ethereum network called Base to become a hub of blockchain activity.
Japan’s Nikkei erases early gain as Tesla, Fed worries weigh
Japan's Nikkei share average flipped to a small loss in morning trading on Thursday, weighed down by a disappointing Tesla investor day and the risk of a more hawkish Federal Reserve. The Nikkei lost ...
Japan firms add to spending despite global slowdown, weak yen
JAPAN’S businesses continued to increase spending for five straight quarters despite headwinds including a global economic slowdown, an outcome that may nudge up last quarter’s economic growth figures ...
Japan firms’ pretax profits drop in Oct.-Dec. for 1st time in 8 qtrs
Pretax profits at Japanese companies in October to December fell 2.8 percent from a year earlier, marking the first decline in eight ...
Softbank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO
Arm Ltd. has decided against selling shares on the London Stock Exchange for now, dealing a blow to UK politicians who were lobbying the home-grown technology giant ahead of its initial public ...
Japan’s space debris removing startup Astroscale secures $74M in series G round
Astroscale Holdings Tokyo-based Astroscale Holdings, the Japanese startup offering space debris removal services, has secured approximately 10.1 billion yen (about $74 million) ...
Asia-Pacific markets set to trade mixed as U.S. bond yields briefly top 4% overnight
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets are set to trade mixed as U.S. treasury bond yields briefly topped 4% overnight on Wall Street, weighing equities down. In ...
How much exposure do global banks have to crypto?
The exposure that banks around the world have to crypto is minuscule, according to a new report by the Bank for International Settlements (BIS).
Bitcoin rises to start March, and another ex-FTX exec pleads guilty: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...
Op-ed: Offshoring crypto hurts the financial system and America’s geopolitical standing, says Coinbase CEO Brian Armstrong
By embracing crypto and other forms of digital finance, the U.S. can update its financial system, while also solidifying its status as a geopolitical powerhouse. America is at a o ...