began investing in Japanese startups in order to give the sector a boost, Nikkei mentioned in its report. The fund will plough $1.45 trillion in the startup economy, in an effort to grow ventures. So ... ( read original story ...)
Nikkei edges higher, inflation fears check gains
MSCI's gauge of Asia Pacific stocks outside Japan was up 0.3 percent, having erased part of the early morning gains. ( read original story ...)
Risky for Japan’s central bank to expect inflation pressures to remain temporary: Research institute
Hiromi Yamaoka of the Future Institute of Research says it's risky to expect that inflationary pressures persistent in many other Asian countries will remain temporary only in Japan. ( read original story ...)
Ex-BOJ’s Kameda: Japanese central bank is likely to raise price forecast
Seisaku Kameda, a former chief economist at the Bank of Japan (BOJ) said on Tuesday that the Japanese central bank is expected to upgrade its outlook on inflation later this month, in the face of the ... ( read original story ...)
Traders Face Showdown With Bank of Japan as Policy Rips Assets
The yen sinking to even deeper lows. Short sellers driving Japanese bond yields through the central bank’s target. Stocks on a rollercoaster ride and credit investors running for the sidelines. Most ... ( read original story ...)
Crypto ‘The Biggest Ponzi Scheme In Human History’—China Blockchain Execs Back Bill Gates And Warren Buffett After Huge Bitcoin Price Crash
Executives at China's Blockchain-based Service Network (BSN) have branded bitcoin and cryptocurrency "the biggest Ponzi scheme in human ... ( read original story ...)
Singapore Weighs New Crypto Safeguards as Industry Stumbles
Singapore is considering new rules to protect consumers after plunging digital asset prices triggered a series of high-profile crypto blowups, including firms based in the city-state. ( read original story ...)
Meet Washington’s ‘Crypto Queen,’ a Republican senator who owns $100,000 in bitcoin and wrote a bill to finally regulate the industry
Sen. Cynthia Lummis owns bitcoin, understands crypto, and has the power to police it, a rare combination in an aging Congress and new technology. ( read original story ...)
Coinbase-backed Vauld halts withdrawals as crypto credit crisis intensifies
Vauld, a crypto lender backed by Coinbase and investor Peter Thiel, has halted withdrawals and trading on its platform as the credit crisis in the digital asset market intensifies. The company, which ... ( read original story ...)
Crypto hedge fund Three Arrows Capital has filed for bankruptcy. Here’s the latest on the companies hit by the liquidity crunch.
The crash in crypto prices is spurring a liquidity crisis among service providers. These are the high-profile crypto companies struggling with the impact. ( read original story ...)
Meta is pulling the plug on its crypto payments wallet, Novi
Three years after Facebook announced its ill-fated push into cryptocurrency, aka the Libra project, the tech giant has signalled another scaling back of its activity — announcing Friday that Novi, the ... ( read original story ...)
Sam Bankman-Fried might be crypto’s central banker as bailouts pile up, but others could step in as ‘Sam was just the first’
The crypto billionaire has said he feels obligated to "stem contagion" and make bad deals "if that's what it takes to sort of stabilize things." ... ( read original story ...)
Another crypto lender Vauld pauses withdrawals as market crash takes its toll
Vauld is the latest victim of the cryptocurrency price plunge this year that has exposed flaws in a number digital coin projects and business models. ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 0.84%
At the close in Tokyo, the Nikkei 225 added 0.84%. The best performers of the session on the Nikkei 225 were Tokyo Electric Power Co., Inc. (TYO: 9501 ), which rose 12.95% or 75.00 points to trade at ... ( read original story ...)
Others may reject Japan proposal on oil price cap, Kremlin says
Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalised, Kremlin spokesman Dmitry Peskov told reporters on Monday. Commenting on reports that Japan's Prime ... ( read original story ...)
Crypto platform Vauld suspends withdrawals, trading and deposits amid financial challenges
Singapore-headquartered crypto lender and exchange Vauld is suspending withdrawals, trading and deposits with immediate effect as it navigates financial challenges. ( read original story ...)