Japanese lenders Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. are among suitors shortlisted in the bidding of consumer lender Home Credit’s ... ( read original story ...)
Bitcoin Surges Above $41,000 Amid Broad Rally in Crypto Market
Bitcoin, the world’s largest cryptocurrency, rose back above $41,000 amid a sharp rally in digital tokens on Wednesday. ( read original story ...)
Asian Stock Market: Rebound on subdued DXY despite fears of stagflation and poor Japan’s GDP
Asian markets have witnessed a carry-forward buying after a positive Tuesday. Poor performance from Japan’s GDP numbers has not impacted local equities. The DXY is slipped below 99.00 after failing to ... ( read original story ...)
First Mover Asia: Singapore’s Strict Approach to Crypto; Bitcoin Rises Despite Investors’ Jitters About War, US Executive Order
Singapore's high standards may be discouraging some crypto companies from establishing operations in the nation state; investors were wrestling with the latest developments in Ukraine and await the ... ( read original story ...)
European Parliament Excludes Pow Provision In Next Week’s Vote On Crypto Bill
A vote on the European Union’s Markets in Crypto Assets (MiCA) regulation has been rescheduled to take place on March 14. ( read original story ...)
Siblings Accused of $124 Million Crypto Scam Ran Times Square Ad
A pair of siblings made false statements about a cryptocurrency and defrauded thousands of mom-and-pop investors out of more than $124 million, according to a federal regulator. Starting in June 2017 ... ( read original story ...)
Senator Warren seizes on fears over crypto and sanctions with new bill
The bill aims to “force companies to choose between doing business in the U.S. or with sanctioned people and entities by threatening secondary sanctions on foreign crypto exchanges.” ... ( read original story ...)
The Bank of Japan may have an opportunity to start normalizing rates this year, says BofA
The Bank of Japan now has a window of opportunity to get interest rates "a little bit back closer to normal," said Izumi Devalier of BofA Global Research. In the near term, Japan's central bank could ... ( read original story ...)
UPDATE 1-Japan likely to avert stagflation, says senior central banker
Japan is unlikely to slide into stagflation, a condition where rising inflation and shrinking economic growth co-exist, a senior central bank official said on Wednesday. With the Ukraine crisis ... ( read original story ...)
You Won’t Escape SXSW 2022 Without Knowing About Crypto
You will need to know at least a little bit about Bitcoin, blockchain, cryptocurrency, DAOs, NFTs, Web3, and other such acronyms and euphemisms in order to navigate a festival at which those things ... ( read original story ...)
Nashville joins crypto craze with Valkyrie partnership
Nashville is the latest Major League Soccer team to join the crypto bandwagon, with one twist: The club's sponsorship deal with Valkyrie Investments is being paid for entirely in bitcoin. Nashville on ... ( read original story ...)
Crypto Still Isn’t Helping Russian Oligarchs Evade Sanctions
We have heard a lot over the last week that crypto is not being used to undermine international sanctions against Russia or breakaway regions of Ukraine, and my question is: Why o ... ( read original story ...)
The War in Ukraine Could Pose New Security Risks for Crypto Investors. Here’s How to Protect Your Coins
As Russia's war in Ukraine goes on, there could be more cybercrime and attempted scams for investors to look out for in coming weeks or months. ( read original story ...)
Crypto’s War Reaction Reveals a Continental Divide
Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. If someone forwarded this to you, sign up here. In today’s issue, Emily Nicolle parses crypto fund flows: ... ( read original story ...)
Swiggy hires JP Morgan, I-Sec for $1 billion IPO
Swiggy had closed a $700 million funding round led by asset manager Invesco, and a host of new investors such as Baron Capital Group, Sumeru Ventures, IIFL AMC Late Stage Tech Fund, Kotak, also ... ( read original story ...)
Nikkei remains firm after opening higher by 0.35%, eyes on China CPI
Wall Street wobbles with S&P 500 dropped 30.39 points, or 0.72%, to 4,170.7, but Asia is firmer. Japan's benchmark Nikkei average opened up 0.35 per cent at 24,876.49 Asian stock markets largely fell ... ( read original story ...)