Japanese shares plumbed three-week lows on Tuesday, as investors took profits from stellar gains over the past couple of months on concerns that a fast-spreading new coronavirus strain found in ... ( read original story ...)
Ripple says it will be sued by the SEC, in what the company calls a parting shot at the crypto industry
Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission is poised to file a bombshell lawsuit against the company ... ( read original story ...)
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
Japan's finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with ... ( read original story ...)
SoftBank Just Filed for a $525 Million SPAC IPO. Here’s Why.
SoftBank’s vehicle, called SVF Investment, plans to target companies in a similar mold to its Vision Fund venture capital behemoth. ( read original story ...)
Tokyo’s Nikkei share average opens down 0.58 pct
Japan's benchmark Nikkei average opened down 0.58 percent at 26,559.33 on Tuesday, while the broader Topix shed 0.82 percent at 1,774.43. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)
Japan Stocks Set to Trade Lower; Australia Retail Sales Data Ahead
The discovery of an infectious new Covid strain in the U.K. that has prompted tighter lockdowns and travel restrictions across Europe. ( read original story ...)
Tokyo Stock Exchange Is Set for One of Its Biggest IPOs of the Year
Japanese robo-advisor WealthNavi Inc. is set to debut on the Tokyo Stock Exchange Tuesday in one of the biggest initial public offerings on the bourse this year. ( read original story ...)
GB sevens team get green light for Tokyo Games
Great Britain have been given the green light to compete in the Olympic rugby sevens tournaments next year after the government helped to arrange £2 million of funding from the National Lottery.The ... ( read original story ...)
Total crypto fund inflows top $5 billion this year, up more than 600% – report
Total investor inflows into cryptocurrency funds and products hit $5.6 billion so far this year, up more than 600% from 2019, according to the latest data from asset manager CoinShares. The inflows ... ( read original story ...)
Hackers Steal Thousands of Customer Emails From Popular Crypto Wallet
Hackers have released over 270,000 email addresses associated with customers of the cryptocurrency wallet Ledger. The leak, which allegedly stemmed from a company hack last July, appears to contain ... ( read original story ...)
Elon Musk inquired on Twitter about ‘large’ bitcoin transactions after a crypto booster suggested he convert Tesla’s balance sheet
Elon Musk suggested on Twitter that he's tempted by bitcoin, then crypto booster Michael Saylor recommended he convert Tesla's entire balance sheet. ( read original story ...)
Crypto wallet data breach compromises hundreds of thousands of users
Email addresses belonging to hundreds of thousands of users of a cryptocurrency wallet have been leaked online. It is an embarrassing development for Ledger, a hardware wallet manufacturer, who ... ( read original story ...)
Crypto Venture Funds Take Steady Approach
The market is definitely more mature than three years ago. Raising [capital] without a product and strong early traction is not possible in the millions [of dollars],” Ana-Maria Yanakieva, an ... ( read original story ...)
UPDATE 1-SoftBank prepares to file for SPAC IPO worth up to $600 mln on Monday -Axios
SoftBank's Vision Fund is preparing to raise between $500 million and $600 million via an initial public offering of its first special purpose acquisition company (SPAC), U.S. news portal Axios ... ( read original story ...)
Japan Cabinet Oks Record Defense Budget in Face of China Threats
Japan’s cabinet approved a record defense budget plan of about $51.6 billion for the coming year, in what will be the ninth consecutive increase in annual spending amid threats from China and North ... ( read original story ...)
Japan’s SMFG eyes buying bank in Indonesia after ‘painful’ defeat last year
Japan's second-largest lender Sumitomo Mitsui Financial Group Inc is eager to buy a commercial bank in Indonesia, its chief executive said, after a "painful" defeat last year in vying for mid-sized ... ( read original story ...)