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Tag: finance

Posted on 03/07/2022

Softbank’s Fortress offers $1.5 billion to buy Japan’s Sogo & Seibu – Nikkei

Softbank-owned Fortress Investment Group has offered around 200 billion yen ($1.48 billion) to buy Japanese department store unit Sogo & Seibu from parent Seven & i Holdings, Nikkei reported on Sunday ... ( read original story ...)

Posted on 03/07/2022

New private financial exchange opens in Japan, first in 12 years

The Osaka Digital Exchange or ODX offers trading of stocks and exchange-traded funds from 8:20 a.m. to 4 p.m. on weekdays, longer than the TSE's trading hours o 9 a.m. to 3 p.m., with a plan to ... ( read original story ...)

Posted on 03/07/2022

Meta shuts down Novi, the last remaining sliver of its crypto efforts

One of the biggest tech companies in the world is apparently feeling the effects of the crypto crash, too.Novi, a digital wallet for cryptocurrency that Meta debuted in 2021, is on its last legs. Per ... ( read original story ...)

Posted on 03/07/2022

Celebrities Erase Their Crypto Ties As Crypto Mania Turns Into Crisis

Celebrity endorsements have a long history, but some famous people may be regretting their decisions to push crypto companies. Some say it started with Lillie Langtree. The British actress and ... ( read original story ...)

Posted on 03/07/2022

Crypto-sceptic Molly White could be the new JK Galbraith… just much tougher

This remarkable young woman is the sharpest critic of crypto on the web - and predictably, the trolls are after her ... ( read original story ...)

Posted on 03/07/2022

Crypto hedge fund Three Arrows files for U.S. bankruptcy

Crypto hedge fund Three Arrows Capital has filed for bankruptcy under Chapter 15 of the U.S. Bankruptcy Code, according to a court filing in the ... ( read original story ...)

Posted on 03/07/2022

How the BOJ Created “Noninflationary” Money While Ruining the Japanese Economy

Milton Friedman (1963) argued that "inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in ... ( read original story ...)

Posted on 02/07/2022

Crypto Crash Rattles Cybercriminals, Pushing Them Beyond Ransomware

Crypto prices continue to plunge, but cybercriminals still need the currencies for ransomware attacks. Some experts say the price drops might be pushing cybercriminals away from ransomware and toward ... ( read original story ...)

Posted on 02/07/2022

Coinbase Document Reveals Bitcoin, Ethereum And Tether Bombshell Amid Fresh Crypto Price Crash

Documents have revealed major crypto exchange Coinbase could be selling user data to the U.S. Immigrations and Customs Enforcement (ICE) ... ( read original story ...)

Posted on 02/07/2022

She helped get Trump elected. Now she’s raising crypto for Ukraine.

Brittany Kaiser, the provocative Cambridge Analytica veteran, has quietly evolved as crucial to fundraising for the government of Volodymyr Zelensky. ( read original story ...)

Posted on 02/07/2022

Coinbase, Blockchain.com and Kraken are still hiring for hundreds of roles despite mass crypto layoffs

Blockchain.com is recruiting in the US, UK and Latin America amid mass market layoffs such as Coinbase's decision to cut nearly a fifth of its staff. ( read original story ...)

Posted on 02/07/2022

Crypto’s Domino Effect Is Widening, Threatening More Pain

Losses in the digital-assets industry are blowing holes in balance sheets and pushing firms to near bankruptcy. ( read original story ...)

Posted on 02/07/2022

Japan Inc. disagrees with BOJ’s view cost-push inflation will be temporary

TOKYO (Reuters) - Japanese companies expect inflation to stay around the central bank’s 2% target for years to come, a survey showed on Friday, disagreeing with Bank of Japan Governor Haruhiko ... ( read original story ...)

Posted on 02/07/2022

Crypto hedge fund Three Arrows files for bankruptcy

We’ll send you a myFT Daily Digest email rounding up the latest Three Arrows Capital news every morning. Three Arrows Capital has filed for Chapter 15 bankruptcy in New York, days after the ... ( read original story ...)

Posted on 02/07/2022

Crypto mega hedge fund Three Arrows Capital reportedly files for bankruptcy in New York

Three Arrows Capital managed an estimated $10 billion in assets and was a linchpin among crypto finance players. ( read original story ...)

Posted on 02/07/2022

Japan leads losses in Asia markets; private survey shows China’s factory activity expanded

Asia-Pacific markets reversed gains and fell on the first day of the new quarter as investors digested factory activity data from a private survey in China. ( read original story ...)

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