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Tag: finance

Posted on 24/12/2022

Opinion: Crypto was billed as a vehicle to wealth. For many Black investors, it’s been anything but

Black Americans have been among the groups hardest hit by crypto's implosion because of their greater financial exposure and their relatively late entry into the cryptocurrency market. Far from being ...

Posted on 24/12/2022

An electric scooter company just pulled off Russia’s only IPO of the year

Chuiko said that Whoosh was backed by leading Russian investment funds, which accounted for more than half of the total IPO volume, as well as more than 20,000 private investors. As of the end of ...

Posted on 24/12/2022

Analysis: Whoosh tests Russian IPO interest as foreign investors frozen out

While breathing life into a moribund market, Whoosh's IPO could prove the exception as firms struggle to get close to valuations they once envisaged, bankers and strategists said. Whoosh on Monday ...

Posted on 24/12/2022

Geely brand ZEEKR quietly files for US IPO seeking valuation over $10 billion

Luxury EV brand ZEEKR appears poised to be the next Chinese automaker to enter the US stock market by confidentially filing for an IPO. An influx of US cash could certainly aid the Geely Auto ...

Posted on 24/12/2022

Global IPO market went from record-breaking to full-on abating

In 2022, global IPO volumes fell 45%, with proceeds down by 61% YOY Compared to pre-pandemic times, number of deals are up 16% Asia-Pacific accounted for 67% of global IPO proceeds LONDON ...

Posted on 24/12/2022

Japan firms to stop insuring ships in all Russian waters -Nikkei

Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting Japan's energy imports such as liquefied natural gas (LNG) ...

Posted on 24/12/2022

Black Dragon Society Emerges As The Leading Crypto Platform In Japan

Summary: Black Dragon Society is a newly formed crypto platform. Recently, the company introduced new services that leverage financial wisdom to crypto traders. KAUNAS, LITHUANIA / ACCESSWIRE / ...

Posted on 24/12/2022

Crypto exchanges simply aren’t following the rules, and it isn’t a lack of regulation that is the problem with the market, former CFTC chair says

More crypto regulation won't change the fact that exchanges simply aren't following existing rules, Timothy Massad said.

Posted on 24/12/2022

Crypto regulation: 2 big questions loom in 2023 after a chaotic year for digital assets

Congress will consider a range of crypto legislation in 2023 and onwards, but fundamental questions still remain ...

Posted on 24/12/2022

North Korean Hackers Have Stolen $1.2B in Crypto Since 2017

According to South Korea's main spy agency, North Korea is suspected of using these funds for its nuclear and missile programs.

Posted on 24/12/2022

Brand Up, Brand Down: Crypto tanks and has big tech’s bubble burst?

Donny Deutsch weighs in on FTX founder Sam Bankman-Fried and if big tech's bubble has finally burst.Dec. 23, 2022 ...

Posted on 24/12/2022

FTX US’s auditor stands by its accounting work for the collapsed crypto exchange, report says

It is facing a lawsuit from FTX customers. FTX's US auditor, Armanino, is standing by its accounting work for the crypto exchange, the firm's chief operating office told the Financial Times in an ...

Posted on 24/12/2022

Japan’s Nikkei slips as chip stocks weigh, posts biggest weekly drop since June

Japan's Nikkei share average ended lower on Friday and posted its biggest weekly drop since mid-June, with chip-related stocks leading the day's decline in line with a slump on Wall Street overnight.

Posted on 24/12/2022

Japan’s Nikkei slips as chip stocks weigh, set for worst week since June

Japan's Nikkei share average dropped on Friday and headed for its worst week since mid-June, with chip-related stocks leading the day's decline in line with a slump on Wall Street overnight.

Posted on 24/12/2022

Justice Department Has Sharp Eye on Crypto Sector, Top Official Says

The department’s second-ranking official said a surge of its resources into cryptocurrency investigations portends a spate of aggressive enforcement ahead.

Posted on 23/12/2022

Here’s how U.S. investors can position themselves for the sea change out of Japan, according to Bank of America and Citi

That rate of inflation would be welcomed in the U.S. and Europe, but for Japan, it marked the fastest core rate since 1981. Bank of America strategists led by Michael Hartnett say the move means there ...

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