Japan's largest lender, on Monday reported a 64.4% drop in fourth-quarter net profit. MUFG, which owns about 20% of Wall Street bank Morgan Stanley, posted a profit of 60.4 billion yen ($467.71 ... ( read original story ...)
Japan’s Nikkei gives up early gains on China slowdown worries
Japan's Nikkei stock average shed most of its early gains on Monday as data showing a sharper-than-expected slowdown at factories in major trade partner China offset the boost from a tech-driven rally ... ( read original story ...)
Luna Crypto Crash: How UST Broke, Why It Matters and What’s Next
The cryptocurrency market isn't pretty right now. Red is everywhere: bitcoin and ether are at their lowest points since 2020, and altcoins like dogecoin and cardano are faring even worse. While it's ... ( read original story ...)
Japan’s Nikkei attempts to bounce, China data a risk
MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.3 percent while Japan's Nikkei rose 1.2 percent, having lost 2.1 percent last week. This comes as risks are to the downside given ... ( read original story ...)
Crypto VCs can’t just buy ‘community’
In our Chain Reaction podcast this week, Anita and I chatted with Kevin Rose of True Ventures and Proof Collective on the latest crypto crash and what the future of NFTs looks like in a bear market. ( read original story ...)
Australian Taxation Office issues capital gains warning for crypto and NFT sellers
The Australian Taxation Office (ATO) has issued its four priorities for the upcoming tax season, with capital gains from crypto and work-related e ... ( read original story ...)
$1B Crypto Ponzi Scheme Alleged by Regulators
Whipsawing markets and faltering assets have shocked the nascent crypto market. Now, regulators say they've uncovered a Ponzi scheme. ( read original story ...)
EEC Office banking on Japanese investors
Office is keen to draw Japanese investment in electric vehicles, smart electronics, semiconductors, pharmaceuticals and medical devices, digital, smart farms, the bio-, circular and green (BCG) ... ( read original story ...)
Goldman, Barclays Invest in Alan Howard Crypto Trading Platform
Goldman Sachs Group Inc. and Barclays Plc participated in a $70 million funding round of Elwood Technologies LLP, the cryptocurrency trading platform founded by billionaire Alan Howard, in a ... ( read original story ...)
Crypto storage: Cold, hot, or maybe a little of both?
If you want to get into crypto, you'll need to know how to store them. Find out what the options are so you can decide what's right for you. ( read original story ...)
Crypto’s big crash
Caitlin McGarry is the news editor at Protocol. Brian ( @blkahn) is Protocol's climate editor. Previously, he was the managing editor and founding senior writer at Earther, Gizmodo's climate site, ... ( read original story ...)
The Week in Business: Crypto’s ‘Death Spiral’
Elon Musk said he was putting his Twitter purchase “temporarily on hold.” Prices continued to climb last month, and the financial markets had another losing week. ( read original story ...)
We are in a serious energy crisis — and yet crypto is still being mined, EU’s Vestager says
The European Commission's Executive Vice President for Competition Margrethe Vestager tells CNBC's Silvia Amaro that "we are watching crypto very carefully." ... ( read original story ...)
Startup Digest: Zilingo debtholders recall loan, Delhivery IPO subscription at 1.6x, Twitter saga continues
Startup Digest brings you a quick wrap of all the news that matters. Singapore's Zilingo debtholders recall loan, company appoints financial adviser Fashion technology startup Zilingo's debtholders ... ( read original story ...)
Britain’s Crypto List: Here are the People to Watch
Britain’s relationship with the crypto industry has been at times a rocky one, with entrepreneurs often complaining about what they regard as overly strict regulations — and in some cases going so far ... ( read original story ...)
SoftBank plans to keep majority stake after Arm IPO and wants to list the firm as soon as possible
Japanese tech conglomerate SoftBank intends to keep a majority stake in U.K. chip designer Arm when it lists the company through an initial public offering. ( read original story ...)