Sumitomo Mitsui Financial Group (SMFG) is likely to halt new financing for any coal-fired power plants, sources close to the matter said, reflecting increasing pressure on Japanese lenders to cut coal ... ( read original story ...)
Japan’s SMFG likely to halt all new lending to coal-powered plants, sources say
Japan's Sumitomo Mitsui Financial Group is likely to halt all new financing to coal-fired power plants, including the most efficient ones, two sources said, reflecting growing pressure from investors ... ( read original story ...)
IRS Rules On Crypto Reporting Just Got Even More Confusing
I’ve previously written about IRS enforcement of Crypto account holders here, here, and here. Uncovering crypto account holders is a key part of stepping up enforcement in this area, and as I ... ( read original story ...)
Twin sisters score Japan’s hottest IPO
Handling such a passionate community can be tricky, as Coly was reminded shortly after its IPO filing. In its investor prospectus, the company referred to its “yumejoshi” and “fujoshi” fans, and ... ( read original story ...)
Opposition: Lies about Moritomo documents broke disclosure law
Lower House Budget Committee, the opposition Diet members said that lying to avoid releasing public documents violates the information disclosure law. The questioning regarded records of meetings ... ( read original story ...)
UPDATE 1-Maezawa wants you: Japan billionaire seeks ‘crew’ for moon trip
Japanese billionaire Yusaku Maezawa on Wednesday launched a search for eight people to join him as the first private passengers on a trip around the moon with Elon Musk's SpaceX. The first stage of ... ( read original story ...)
Musician 3LAU sells the world’s first-ever crypto-albums, making $11.6 million in under 24 hours
One song from 3LAU's album sold for over $3.6 million. The EDM artist said NFTs could help musicians subsidize concert revenue losses from 2020. ( read original story ...)
Twin sisters score Japan’s hottest IPO by making games that speak to female fans
Co-founders Anna and Mizuki Nakajima — they’re twins — took their seven-year-old mobile games studio public Friday, and the stock doubled, Japan’s strongest market debut of 2021. As of Tuesday’s close ... ( read original story ...)
Tokyo to Seek an Extension of Virus Emergency, Nikkei Says
Tokyo plans to ask the Japanese government to extend the Covid-19 state of emergency that is due to expire this weekend, the Nikkei reported, citing multiple unidentified people. ( read original story ...)
Gain Capital Japan Announces Name Change
Gain Capital Japan announced today that the company has decided to change its name after the recent acquisition by StoneX. ( read original story ...)
Crypto hedge funds see big returns as bitcoin boom gains steam: CNBC After Hours
On today’s show, CNBC’s Ylan Mui reports that several Democrats are pitching proposals for the next big stimulus bill, even as the current $1.9 trillion package moves through Congress. Plus, CNBC’s ... ( read original story ...)
Crypto hedge funds see huge gains as Wall Street gets serious on bitcoin
CNBC's Leslie Picker explains why traditional hedge funds have been slower to enter the cryptocurrency space, as crypto-focused firms see huge profits amid the bitcoin boom. ( read original story ...)
Tokyo Seeks Longer Emergency; Brazil’s New Record: Virus Update
Tokyo plans to ask the Japanese government to extend the Covid-19 state of emergency that is due to expire this weekend, the Nikkei reported, citing multiple unidentified people. Australia’s ... ( read original story ...)
Japan’s service sector shrinks for 13th month as emergency weighs – PMI
Japan's services sector extended declines in February for a 13th straight month, as business activity was hit by curbs put in place to stop the spread of the coronavirus pandemic, leading to weak ... ( read original story ...)
Marc Lasry, Chris Giancarlo Invest in Crypto Firm BlockTower
Billionaire hedge-fund manager Marc Lasry and former U.S. Commodity Futures Trading Commission Chairman Christopher Giancarlo have invested in crypto-asset and blockchain investment firm BlockTower ... ( read original story ...)
Bitcoin falls 4% after Biden nominee Gary Gensler says SEC will seek to eliminate fraud and manipulation in crypto markets
Gensler said that the SEC would enforce investor protections in the crypto market, including ensuring that the custody of digital assets are safe. ( read original story ...)