The IMF is concerned about crypto’s “risk of contagion across financial markets.” A new paper from the International Monetary Fund this week highlights that cryptocurrency and equity markets are more ... ( read original story ...)
As Kazakhstan Descends into Chaos, Crypto Miners Are at a Loss
The central Asian country became No. 2 in the world for Bitcoin mining. But political turmoil and power cuts have hit hard, and the future looks bleak. ( read original story ...)
Covid-19 Pill Developer to Spend SPAC IPO Funds on Clinical Trial, Hiring
Biopharmaceutical firm Pardes Biosciences plans to spend a large chunk of the funds it raised through a public offering late last month on a pill it is developing to treat Covid-19, including on ... ( read original story ...)
The Bank of Japan is the main counterparty in the Fed’s FRRP facility
Two statistical series can be used to identify the Fed’s main counterparts. The structure of official foreign reserves2 indicates the amount of deposits (in the broad sense of the term, including ... ( read original story ...)
Teen Tennis Star Leylah Fernandez Follows Path Osaka, Williams Paved
Teenage tennis star Leylah Fernandez, who quickly became a fan favorite during her run to the U.S. Open final last fall, has agreed to a multi-year partnership with Youth Athletes United, the parent ... ( read original story ...)
Japan Wired Charging Market to Garner $1.2 Billion by 2030: Allied Market Research
Increase in demand and sustainable development in electronics gadgets, surge in demand for daily use electronic products, and rise in demand for electric cars have boosted the growth of the Japan ... ( read original story ...)
Share markets in Asia close solidly higher, Nikkei 225 adds 543 points
It was all smiles on Asian stock markets on Wednesday as the major indices rocketed higher. The Nikkei 225 in Japan jumped 543.16 points or 1.92 percent, to close Wednesday at 28,765.66. The ... ( read original story ...)
Bank of Japan lifts economic views on all 9 regions despite Omicron spread
The Bank of Japan on Wednesday raised its economic assessments on all nine regions in the country even as uncertainty over the Omicro ... ( read original story ...)
BOJ Upgrades Economic Views on All 9 Regions in Japan
The Bank of Japan on Wednesday upgraded its economic assessments on all of the country's nine regions for the first time in some eight years. In a quarterly report on regional economies, the BOJ ... ( read original story ...)
Japan’s current account surplus shrunk 48% year on year in November
The trade balance declined for the fourth straight month as high energy prices continued, the Finance Ministry said. ( read original story ...)
Nikkei: Japanese chip subsidies require ten-year commitments from TSMC and other companies
Japan plans to require chipmakers to maintain production in the country for about a decade before they are eligible for a new subsidy designed to encourage more players to set up factories in the ... ( read original story ...)
Tokyo’s Nikkei share average closes up 1.92 pct
Japan's benchmark Nikkei average closed up 1.92 percent at 28,765.66 on Wednesday, while the broader Topix gained 1.67 percent at 2,019.92. TOKYO, Jan 12 (Reuters) - Japan's benchmark Nikkei average ... ( read original story ...)
Tokyo’s Nikkei share average rises 2.00 pct
Japan's benchmark Nikkei average rises 2.00 percent to 28,787.45 on Wednesday, while the broader Topix gained 1.65 percent to 2,019.61. TOKYO, Jan 12 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
BOJ offers most upbeat view on regional Japan in 8 years
"at-above-post addthis_tool" data-url=" Leika Kihara and TOKYO (Reuters) -The Bank of Japan offered on Wednesday its most optimistic view of the country’s regional economy in more than eight years, in ... ( read original story ...)
Crypto Report To Come ‘Within Weeks,’ Powell Promises Senators
"We didn’t get it to quite where we needed to get it,” Fed Chairman Jerome Powell said at his confirmation hearing. ( read original story ...)
Kim Kardashian, Floyd Mayweather Jr. sued for alleged crypto pump and dump
Kim Kardashian, Floyd Mayweather Jr. and Paul Pierce promoted a crypto token called EthereumMax last May. A group that invested in the token has now filed a lawsuit against the celebrities and the ... ( read original story ...)