More crypto firms may leave the U.S. for more progressive jurisdictions like Europe if regulators continue to crack down on them, said Ripple CEO.
Future of Finance: PwC’s Oliver on how ‘fintech is becoming crypto’—and approaching the point where ‘there is no paper money’
The PricewaterhouseCoopers partner also said that when the dust finally settles, most of the biggest names in finance won’t be going anywhere.
The Crypto Market Is a Gamble. Regulating It Shouldn’t Be.
A panel of UK lawmakers has suggested regulating retail crypto trading as if it were actual gambling, rather than an extension of financial services. While gambling parallels go back to the earliest ...
Roundup: Japan’s Nikkei ends at fresh 20-month high as chipmakers, exporters gain
Japan's benchmark Nikkei stock index extended gains for a sixth-straight day on Thursday to end at a fresh 20-month high, as chip-linked issue found favor, while trade data buoyed the mood and helped ...
Japan stocks higher at close of trade; Nikkei 225 up 1.60%
Japan stocks were higher after the close on Thursday, as gains in the Communication, Paper & Pulp and Transport sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 1.60% to hit a ...
Japan’s Nikkei closes at 20-mth high spurred by chipmakers’ investment plans
The Nikkei stock market in Japan rose for a sixth consecutive session on Thursday, as investors cheered chipmaking investment plans and reasonable April trade data. The gains are the second such ...
Japan shares higher at close of trade; Nikkei 225 up 1.60%
Investing.com – Japan equities were higher at the close on Thursday, as gains in the Communication, Paper&Pulp and Transport sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 ...
Japan’s Nikkei closes at 20 month high spurred by chipmakers’ investment plans
Japan’s Nikkei share average rallied for a sixth straight session to scale a 20-month high on Thursday, as investors cheered chipmaking investment plans and reasonable April trade data. The gains are ...
The Fight To Finance Japan’s Historic Defense Splurge
Japanese Prime Minister Fumio Kishida's administration dramatically increased Japan's 2023 defense budget by 26.3% in 2022 to 6.82 trillion yen (US$ ...
Japan needs annual $22 billion additional funds for child care policy – Jiji
Japan's government estimates it needs to raise about 3 trillion yen ($22.2 billion) in funds per year for the child care policy Prime Minister Fumio Kishida has put forward, Jiji news agency reported ...
Sony Weighs Financial Arm IPO to Fuel Big Investment Push
Sony Group Corp. is weighing a partial spinoff and separate listing for its financial unit in two to three years, a major decision aimed at bankrolling an investment push in gaming and electronics.
Sony eyes finance unit listing, doubles down on entertainment
TOKYO - Sony Group Corp on Thursday (May 18) said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on ...
Japan racks up trade deficit although exports gradually rebound
Japan has racked up a trade deficit in April, marking the 21st month in a row of deficits, although it declined dramatically compared to a year ago, as exports recovered ...
Japan stocks sparkle as semiconductor growth beckons
The broader Topix rose 0.9% to 2,156 and is at 33-year highs. Japan's exports rose 2.6% in April from a year earlier, Ministry of Finance data showed - a little below expectations but investors were ...
Asia markets rise as Wall Street lifted by hopes of debt ceiling deal
Stocks on Wall Street closed higher as investors hoped congressional leaders and President Joe Biden could come to a deal on the U.S. debt ceiling.
Sony eyes listing for heavyweight finance unit
Sony Group Corp on Thursday said it is examining a partial spin off of its financial business within the next two to three years, as the conglomerate focuses on its entertainment business. Sony said ...